Use the following two columns of items to answer the matching questions below:
-proprietary credit card

Question

Quizplus · Accepted Answer

A proprietary credit card is one that can only be used with a particular merchant, meaning that it is limited in its use.

Answer: D 
 The credit limit is the maximum amount allowed to charge on a credit card.

Answer: A 
 Many credit cards offer a grace period during which time no interest will be charged, allowing the consumer to pay off the balance without incurring additional fees.

Answer: E 
 This is a basic feature of most credit cards – the ability to make purchases without immediate payment, with the expectation that the balance will be paid off at a later date (usually with interest).

Answer: B 
 Some credit cards offer a feature that allows you to go beyond your stated credit limit (i.e. overspend) for a fee.

Answer: G 
 Cash advances on a credit card are essentially short-term loans that you take out with your credit card.

Answer: F 
 Some credit cards are designed for high-income earners and individuals with exceptional credit histories. These cards may offer extra benefits and perks not available to the average consumer.

Use the Following Two Columns of Items to Answer the Matching