Follow Us:
 
Bankrate.com
Bankrate Mobile Site

credit cards
Credit Card Basics: Chapter 1 quiz

If you think you've mastered the material in this chapter, take our quiz. After you click the ''submit'' button, the answers will appear below.

  1. What is an important question to ask before signing up for a "special introductory rate" credit card?

    Where do I send my payment?
    Can I get a cash advance?
    What will the rate be after the introductory period?


  2. True or false: Credit cards rates are directly affected by interest-rate fluctuations initiated by the Federal Reserve.

    True
    False


  3. True or false: You need to buy theft insurance in case your card is lost or stolen and someone else goes on a shopping spree.

    True
    False


advertisement

Compare Credit Card Rates



advertisement
 

A little research could save you BIG on interest.

Don't have time? Our rate-tracker tool saves you time and money. Delivered Thursdays.
 
advertisement
Bankrate on Facebook
U.S. Bank offers app to apply for store credit cards, while Equifax documents recent good credit card behavior.
Is your money safe?
or ? See your bank, thrift or credit union's star rating. Find one that's safe enough for you.
Partner Center
advertisement