Let's see how much you already know!
Will canceling your oldest credit card make your credit score go up or down?
Up
They didn't accept credit cards at the store. The cashier _____________ to accept credit cards.
If you buy a phone with your credit card, when do you actually pay for it?
Immediately,
Next month’s bill
Never
When you feel like it
Debit cards use the money you already have in the bank.
A credit score is used for assessing a person's eligibility for loans and credit cards
On this day 23rd October 1973 Access Credit card was launched; How many VISA credit cards are estimated to be in circulation worldwide
3.5 Billion
800 million
My mother has __________ credit cards. She has 20!
One major problem about using credit cards is that people
Have to pay to use them
8) TRUE or FALSE: Your credit score is affected by your income
Which of the following is a true statement about credit cards?
A customer can use two different credit cards in one transaction?
True
False
Depends on the situation
People spend more money when using a credit card than when using cash
7) Airlines and credit cards that offer points for each dollar spent are utilizing ________ for effective customer relationship management.
A) a loyalty program
B) cookies
C) share of wallet
D) market baskets
E) communities
Amir constantly pays only the minimum balance on his credit cards, borrows to cover old debts, and ignores overdue notices.
What are signs of debt trouble?
A. Missing or delaying payments
B. Depending on new loans to cover old ones
C. Using savings for daily expenses
D. All of the above
This is when Samsung provides an instant credit for a device and the instant credit can be applied to a new device purchase.
Replacement
Trade-In
Refund
Rebate
Which type of credit card is not as widely accepted in Canada as the others?
Mastercard
American Express
Visa
PC World Elite Mastercard