Ann Marie Accumulated a Large Balance on Her Credit Card

Multiple Choice

Ann Marie accumulated a large balance on her credit card while in college.She is trying to pay it off as quickly as possible and wants to roll the balance onto a new credit card.She now uses a credit card only for emergencies.What should Ann Marie look for in a credit card given the large balance and the way she plans to use the card?

A) A low annual fee
B) A low annual percentage rate
C) A long grace period
D) The average daily balance method excluding purchases
E) The two-cycle average daily balance method