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Credit Card Comparison Assignment
FINDtwo different credit card applications (e.g., online, at restaurants, etc.).
COMPARE the two credit card offers by completing the chart below to describe key features of each.
| Credit Card Feature | Card #1 |
| What is the name of the Credit Card? | |
| What is the APR (annual percentage rate)? Is it fixed or variable? | |
| Penalty APR and trigger events when it is charged | |
| Annual fee | |
| Late fee | |
| Over-the-limit fee | |
| Transaction fees (balance transfers, cash advances, etc.) | |
| Grace period | |
| Method for computing account balance | |
| Rewards for use | |
| Other features |
| Credit Card Feature | Card #2 |
| What is the name of the Credit Card? | |
| What is the APR (annual percentage rate)? Is it fixed or variable? | |
| Penalty APR and trigger events when it is charged | |
| Annual fee | |
| Late fee | |
| Over-the-limit fee | |
| Transaction fees (balance transfers, cash advances, etc.) | |
| Grace period | |
| Method for computing account balance | |
| Rewards for use | |
| Other features |
Which card offers the best deal and why?(write a paragraph below)
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