8. Choosing the best credit card All credit cards are not alike, nor are all spenders alike. When you are deciding which credit card to obtain, your first step should be to honestly determine what kind of spender you are and how you pay your bills. Then consider cards whose features best match your purchasing and payment habits. These cards will work to your greatest advantage. Consider the following example: Shop Around for the Best Deal Darnell is shopping around for a credit card and expects to pay the balance in full each month. What is Darnell's best option? Select the card with the longest grace period, with or without annual fees O Select the card with no annual fees and the longest grace period Select the card with no annual fees and the shortest grace period Credit Card Fraud and Identity Theft Loss of a credit card, the information on it, or your personal information can cause serious problems. For example, you could be required to pay for purchases you didn't make, or you could spend years repairing the damage to your credit rating. Consider the following two alternative behaviors. Behavior I keep my card in a safe place and resist the temptation to record my account number, expiration date, and security code on a mobile device for convenience. When paying with a credit card and asked to sign a credit/charge slip, I comply with the sales clerk's request for my telephone number or address. B Which behavior is likely to reduce your chance of experiencing credit card fraud or identity theft? Alternative A O Alternative B O Both Alternatives A and B O Neither Alternative A nor B