Tamara is not a big spender and rarely has a credit card balance over $500. What should Tamara look for in a credit card given the way she uses one?
A) A long grace period
B) A low interest rate
C) A high annual fee
D) No grace period
E) A high interest rate

Question

Quizplus · Accepted Answer

Since Tamara rarely carries a credit card balance over $500, a low interest rate will benefit her the most to minimize the interest charges she incurs. A long grace period may not be as important since she pays off her balance quickly, a high annual fee is unnecessary and a high interest rate will only cost her more money in interest charges.

Tamara Is Not a Big Spender and Rarely Has a Credit