Credit Card Jeopardy

Secured Credit Card

100

What is the minimum to open the Secured Credit Card?

$300 is the minimum

200

What is this card also known as?

Core Card

300

What is the minimum Credit Score for this Credit Card?

There is no minimum Credit score needed, they just need to show they can make the payment

400

What is the name of the account in which the funds are kept in?

Mastercard Secured Share

500

When are secured funds able to be released?

When the card is closed is when we are able to release the funds

Select Credit Card

100

You earn how many points per dollar you spend?

1 Point per dollar spent

200

True or False: The Select card charges a balance transfer fee

False

300

Points can ben redeemed for ________, gift card, merchandise, or travel.

Members can redeem points for cash or apply towards card balance

400

What is the maximum limit range for the Select Card?

$10,000-$40,000

500

True or False: This card offers a fixed rate

No, all Credit Cards are variable rates

Power Credit Card

100

True or False: This card offers the max amount of rewards

False, this card offers no rewards

200

What is the minimum credit score for this card?

670

300

What is the balance transfer fee percentage?

3% is the balance transfer fee

400

True or False: This card offers the lowest balance transfer percentage option

True

500

Member balance transfers $3,000 how much is the balance transfer fee?

$90 or 3%

World Credit Card

100

What is the minimum a member can request for a World Credit Card?

$10,000 is the minimum

200

What is the annual fee?

We no longer have an annual fee on this card

300

What Credit Grades qualify them for the World Card?

Only A & B Credit Grades qualify for the World Card, lowest score to be 720

400

How many points per dollar amount do you receive for Restaurants/Grocerys

The member will receive 2 points per dollar amount spent for Restaurant/Grocery purchases

500

True or False: This card does not offer balance transfer options

False, 0% with a 3% balance transfer fee applies

Etc

100

Out of the cards we offer, which is considered our Low Rate Card?

The Power Card

200

True or False: Prime rate for credit card products adjust on January 1 and July 1

True

300

What options do members have to redeem their reward points?

They can call or use the Fortera website

400

What is the current Prime Rate?

The current prime rate is 6.75%

500

True or False: The last 4 determines the card type in Symitar

False, the first 8 identify the card type in Symitar