1. What questions should a consumer ask before accepting a credit card?
2. Utilize the table below to evaluate the various credit card offers. It is possible that not all information is available for all cards.
Card Name Interest Rate on Purchases Cash Advance Rate Annual Fee Penalty APR Grace Period Late Payment Fee Over Credit Limit Fee Minimum Annual Income Cash Back
Citi Platinum Select
Blue Cash from American Express
Collegiate Visa
Discover Card for Students
3. Based upon the information, which credit card is the most appropriate for Sharese? Why?
4. If you were choosing a credit card from this list, which credit card would you select? Why?
5. What are the advantages of a good credit history?
6. What are the disadvantages of having access to credit?
7. Why is it important for most people to have a relationship with a bank