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5. Special types of bank credit cards Many credit cards offer features that are tailored to users' preferences and lifestyles. In the following situations, identify

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5. Special types of bank credit cards Many credit cards offer features that are tailored to users' preferences and lifestyles. In the following situations, identify which credit card is a good choice to achieve the user's goal. Special Bank Credit Cards for Different Lifestyles and Preferences Amy has a history of charging a lot on her credit card and doesn't carry a high monthly balance. The older Amy gets, the more she finds that friends have scattered from the old neighborhood and school and are now living around the world. Amy has a job that gives her a lot of time off Amy plans to use the time to visit her friends for and near Which credit card is the best choice? A secured card Areward card with a frequent flyer program Any affinity card Why is that card the best choice? Amy's low monthly balances will protect her collateral. The high-charge volume will provide funding for Amy's favorite professional organization The high-charge volume will provide points to use toward supporting Amy's relatively expensive plans Why is that cand the best choice? Amy's low monthly balances will protect her collateral. The high-charge volume will provide funding for Amy's favorite professional organization The high-charge volume will provide points to use toward supporting Amy's relatively expensive plans. It is January and Crystal just realized that she forgot to make her annual contribution to her favorite charity. She wants to make sure she doesn't forget again to make a contribution. Crystal has good credit and should easily qualify for a new credit card. Which credit card is the best choice? The affinity card sponsored by the charity Any reward card A secured card Why is that card the best choice? Crystal can donate the reward card points to her favorite charity She can't default on the card The charity will receive a portion of the card's profits Alison has $1,000 in cash. Alison also has a very bad credit history, but wants a credit card. Which credit card is the best choice? The affinity card sponsored by the alumni association A reward card with a frequent flyer program A secured card Why is that card the best choice? It's the only card she will probably qualify for She can offer the $1,000 as collateral. Both of these

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