A borrower who pays his or her account balance in full each month should get a credit card with ____________.

Question

A borrower who pays his or her account balance in full each month should get a credit card with ____________. ​

Quizplus · Accepted Answer

A long grace period would be the best choice for a borrower who pays their account balance in full each month. This way they have more time to pay their balance and avoid interest charges. A high interest rate and accumulating annual fees would not be beneficial to someone who pays their balance in full each month, and a minimum monthly payment equal to the interest on the unpaid balance would not be necessary.

A Borrower Who Pays His or Her Account Balance in Full