Swipe it!
This allows you to buy items now and pay later, even if you don’t have cash.
What is credit?
Paying your bills on time can help improve this three-digit number.
What is your credit score?
Name one of the important numbers on a credit card besides the unique card number.
What is CVV or Expiration Date?
Spending wisely with a credit card can help you build this for the future.
What is your credit score?
This type of account is used for everyday expenses and often comes with checks and a debit card.
What is a checking account?
This is the maximum amount you can borrow on your credit card.
What is a credit limit?
Name one factor that dictates your credit limit.
What is income or existing loans/debts.
Name one reason to get a credit card, such as earning these rewards for purchases.
What are cash back, hotel points or airline miles?
Paying only the minimum payment on your credit card every month will cause you to pay this over time.
What is more interest?
This is a plan that helps you track your income and expenses to make sure you don’t spend more than you earn.
What is a budget?
An example of borrowing money outside of just a credit is
What is a car payment, mortgage or school loan?
True or False: Your income directly affects your credit score.
What is false?
What is the best option for paying off your credit card balance each month?
What is pay it in full?
This type of fee, charged once a year, is common for certain rewards credit cards.
What is an annual fee?
This is what you do when you sign the back of a check to approve it for deposit or cashing.
What is endorsing a check?
This is one of the most common methods of electronic payment
What is a credit card?
Lenders use your credit score to determine if you _________ when giving you a loan or credit card.
What is trustworthy?
True or False: Paying the minimum amount on your credit card is the cheapest way to use it over time.
What is false?
Name a financial emergency where using a credit card might be helpful.
What is a medical expense, car repair, or urgent home repair?
What is the 50-30-20 rule?
What is 50% needs, 30% wants, 20% of wants?
If you don’t pay your credit card bill in full, this is the extra cost you’ll have to pay.
What is interest?
Keeping your credit card balance below this percentage of your credit limit can help your score.
What is 30%?
If you have 10,000 in credit card debt and make a minimum monthly payment of $142 and carry a 17% interest rate. How long will it take you to pay off your debt?
What is 36 years?
Name one way to avoid credit card fraud.
What is check your account weekly, use secure checkouts or never share your personal info.
This bank service allows you to deposit checks using a smartphone app.
What is mobile deposit?