When paying a credit card bill -
A)enter the interest amount in the additional Fees & Interest amount field
B)enter the fees in the amount field
C)enter the amount for purchases in the amount field
D)enter the total payment amount in the amount field

Question

Quizplus · Accepted Answer

When paying a credit card bill, it is best to enter the total payment amount in the amount field as this will ensure that the entire balance, including any interest or fees, is paid off. Entering only the interest amount or fees may result in carrying a balance on the card and incurring further interest charges. Entering the amount for purchases may not account for any interest or fees that have been added since the last statement.

When Paying a Credit Card Bill -