Page | 252.6.3.A5NameJessi CaytonDateNovember 26, 2018ClassDirections: Compare at least three sample credit card offers. Identify which credit card you would chooseand why.(1 point each)BlueRedWhiteWhat is the Annual Percentage Rate (APR) for Purchases12.99%,13.99%14.99%15.99%.Is the APR for purchases a fxedrate‐APR or variablerate‐APR?Fixed ratevariableFixed rateIntroductory APR‐What is the rate and how long does it last?14.99%,introductory 6 months0%introductoryAPR for six11.99% for ayearWhat is the APR for Balance Transfers?15.99%18.99%14.99%What is the APR for Cash Advances?21.99%24.99%20.99%What is the Penalty APR?28.99%29.99%28.99%Is there a minimum interest charge? If so, how much?no less than$1.50.Noneno less than$2.00.Set up‐and Maintenance FeesAnnual Fee:$20,AccountSet-up Fee:$20 (one-timefee),Participation Fee: $12annually ($1permonth),Additional Card Fee:$5 annually (ifapplicable)Annual Fee:$0Account Set-up Fee: $20(one-time fee)ParticipationFee: $15annuallyAdditionalCard Fee: $5annually (ifapplicable)Annua1 Fee:$15Account Set-
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Credit card,Take Charge America, Inc.,Norton School of Family and Consumer Sciences Take Charge America Institute