With a bank credit card,one can often avoid interest charges if:
A)the account balance is paid in full every month.
B)at least half the account balance is paid every month.
C)the minimum payment is made every month.
D)the account is a revolving credit account.
E)the account balance is below the credit limit.

Question

Quizplus · Accepted Answer

The best choice is A because paying the account balance in full every month is the only way to avoid interest charges with a bank credit card. If the balance is not paid in full, interest charges will accrue on the remaining balance.

With a Bank Credit Card,one Can Often Avoid Interest Charges