Janey makes frequent small purchases and pays off the total outstanding balance on her credit card every month. Which of the following features is most attractive to her when searching for a credit card provider?
A)A low required minimum payment percentage
B)A high interest rate
C)High over-the-limit fees
D)No grace period
E)No annual fee

Question

Quizplus · Accepted Answer

Since Janey pays off her total outstanding balance every month, she likely values a credit card that minimizes her costs of using it. A no annual fee feature would be most attractive to her because it directly reduces her expenses without requiring her to change her spending or payment habits.

Janey Makes Frequent Small Purchases and Pays Off the Total