When comparing credit cards,a person who pays his total outstanding balance off monthly would want a card with
A) a low required minimum payment percentage.
B) a low interest rate.
C) an adequate grace period.
D) no annual fee
E) c and d

Question

Quizplus · Accepted Answer

A person who pays his total outstanding balance off monthly would want a credit card with an adequate grace period so that he has enough time to make payments without being charged interest. Additionally, he would also want a card with no annual fee to avoid any unnecessary expenses. Therefore, the best choice(s) are c and d, which are both included in option E.

When Comparing Credit Cards,a Person Who Pays His Total Outstanding