William uses his bank credit card frequently; however,he always pays off the total balance on the card each month.What should William look for in a credit card given the way he uses a credit card?
A) Low annual fee and short grace period
B) Low annual fee and low interest rate
C) No annual fee and short grace period
D) No annual fee and long grace period
E) High annual fee and low interest rate

Question

Quizplus · Accepted Answer

Since William pays off his total balance each month, he does not need to worry about the interest rate on the card. Therefore, the best option for him would be a card with no annual fee to avoid unnecessary charges, and a long grace period to give him more time to pay off his balance if needed.

William Uses His Bank Credit Card Frequently; However,he Always Pays