William uses his bank credit card frequently; however,he always pays off the total balance on the card each month.What features should William especially look for in 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 the total balance on his credit card each month, the interest rate is not a significant factor for him. Therefore, he should look for a credit card with no annual fee to save on costs, and a long grace period will allow him to pay his bill without any additional fees or penalties.

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