An informal term for credit card is:

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An informal term for credit card is:
A. ATM
B. Discount card
C. Plastic
D. Play money


Answer : C

The total amount that you have to pay on a certain billing is:
A. Monthly membership fees
B. Minimum payment
C. Outstanding balance
D. Balancing act


Answer : C


____________ is the term used for the monthly report of all the accumulated charges.
A. Savings account
B. Balance
C. Purchase breakdown
D. Billing statement


Answer : D


It occurs when you don"™t make full payment on your previous bill.
A. Discount
B. Reward points
C. Finance charge
D. Membership fee


Answer : C


The least amount of money that you should pay on or before your due date is called:
A. Interest charge
B. Minimum payment
C. Total payment
D. Monthly fee


Answer : B