Credit Card Comparison Assignment

Name: Date: Period:

Credit Card Comparison Assignment In the following Assignment you will use the table below to find and complete info about ONE credit card from a mainstream bank (i.e. BofA, Wells Fargo, Chase etc…), ONE store card from a mainstream vendor (i.e. Best Buy, Macys, Home Depot etc…), ONE gas card (i.e. Chevron, Shell, etc…) Compare the three card offers by completing the chart below to describe key features of each. Credit Card Feature Bank of America Macys Chevron

Introductory APR

APR (annual percentage rate): Is it fixed or variable? Penalty APR

Annual fee

Late fee

Over-the-limit fee

Transaction fees (balance transfers, cash advances, etc.) Grace period (in days)

Minimum Interest Charge

Rewards for use

Other features