FIND two different credit card applications (e.g., online, at restaurants, etc.).
COMPARE the two credit card offers by completing the chart below to describe key features of each.
Credit Card Feature Card #1
What is the name of the Credit Card?
What is the APR (annual percentage rate)? Is it fixed or variable?
Penalty APR and trigger events when it is charged
Annual fee
Late fee
Over-the-limit fee
Transaction fees (balance transfers, cash advances, etc.)
Grace period
Method for computing account balance
Rewards for use
Other features
Credit Card Feature Card #2
What is the name of the Credit Card?
What is the APR (annual percentage rate)? Is it fixed or variable?
Penalty APR and trigger events when it is charged
Annual fee
Late fee
Over-the-limit fee
Transaction fees (balance transfers, cash advances, etc.)
Grace period
Method for computing account balance
Rewards for use
Other features
Which card offers the best deal and why? (write a paragraph below)