Janey makes frequent small purchases and pays off the total outstanding balance on her credit card every month. Which of the following features is most attractive to her when searching for a credit card provider?
A) A low required minimum payment percentage
B) A high interest rate
C) A high over-the-limit fee
D) No grace period
E) No annual fee

Question

Quizplus · Accepted Answer

Since Janey pays off the total balance each month, the interest rate and required minimum payment percentage are not significant factors for her. A high over-the-limit fee and no grace period can lead to extra fees and charges, which Janey wants to avoid. Therefore, the most attractive feature for her would be a credit card with no annual fee.

Janey Makes Frequent Small Purchases and Pays Off the Total