Identify a True Statement About Credit Cards

Multiple Choice

Identify a true statement about credit cards.

A) Money is immediately withdrawn from your account when you make a purchase using a credit card.
B) Credit cards are solely issued to people who have a specific amount of savings in their retirement account.
C) Many credit cards offer perks, such as discounts on certain products, extended warranties on purchases, or frequent-flier miles.
D) Credit card companies do not charge an annual fee from cardholders if the card remains unused for at least 120 days.