2
QuizMultiple Choice

Credit vs. Cash

Question 2 • Financial Math - MA2007

Which answer choice does not represent an advantage to using credit cards over other forms of payment?

Answer
A
payments made online with credit card
B
payments made abroad with credit card
C
emergency contact number for lost card
D
interest due on outstanding balance

Explanation

Paying interest on an outstanding credit card balance is a cost, not an advantage. Online payments, use abroad, and access to a contact number for a lost card can each be useful benefits of credit cards. Therefore, “interest due on outstanding balance” is the choice that is not an advantage.

AI-written and checked against the verified answer.

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