For Chapter $4$ we discussed several advantages and disadvantages of credit cards Now I want you to personalize at least $2$ advantages that are important to and $1$ disadvantage. For example Travel points may be an advantage and high annual fee may be a disadvantage. You would look for the card that gives the most travel rewards with the lowest annual fee.

Your assignment is to create a grid listing these advantages and disadvantages and compare at least three card promotions and determine which is best for you. You will have this card for two years and may include any temporary promotions in your decision.

Choose one of the following scenarios.

I. Danny Deadbeat carries a balance of $$10,000$ and pays $21\%$ apr

II$.$ Tammy Traveler likes to go away for long weekends. She lives close to major airports and can easily fly most airline carriers. She has $$500$ balance on her credit card

III. Sammy Skinflint rarely uses his credit card. He only wants it for emergencies He has $$0$ balance

IV$.$ Carrie Credit uses her credit card for almost every purchase and is looking to maximize returns. She has $$0$ balance

The grid should be about $1/2$ page and your explanation should be on the bottom half