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ANSWER KEY: CREDIT CARD COMPARISON
| Credit Card |
Initial APR |
APR |
Annual Fee |
Rewards |
| Card #1 |
0% |
19.1% after six months |
$0 |
For every $1,000 spent, $10 gift certificate to local burger chain |
| Card #2 |
0% |
24.9% after three months |
$0 |
After spending $35,000, free domestic airline flight |
| Card #3 |
12.9% |
12.9% |
$0 |
None |
| Card #4 |
0% |
0%, but have to pay off balance every month |
$150 |
A "point" for every dollar spent |
| Card #5 |
0% |
0%, but can only spend money in checking or savings account |
$0 |
None |
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