Question
Module Four Assignment Here are three credit card offers that are currently available for customers. CitiBank Double Cash Card $0 annual fee 13.99-23.99% APR 2%
Module Four Assignment
Here are three credit card offers that are currently available for customers.
CitiBank Double Cash Card $0 annual fee 13.99-23.99% APR 2% cash back on all purchases | Chase Sapphire Preferred Card $95 annual fee 15.99-22.99% APR $1000 Chase Ultimate Rewards bonus after $4000 in purchases and 25% discount on travel booked through Chase 2x rewards on dining out | Platinum Card from American Express $550 annual fee 15.99-22.99% APR $1500 bonus value in points after spending $5000 in purchases in 5 months 10x rewards on gas and groceries |
You will decide which credit card would be best suited for each of the customers below. Explain why that card will be the best for them.
Scenario | Credit Card Recommendation | Detailed Explanation |
Scott is a married teacher with 2 kids. He wants to take his family on a European vacation to celebrate college and high school graduations. He uses a credit card for regular monthly purchases and always pays off the balance. | ||
Yuna needs a new air conditioning system installed in her home. The installer wants a 25% deposit up front, but Yuna doesn't think that is a great idea. She has the cash to pay for it but wants to make sure she's protected from fraud. | ||
Lily was recently a victim of identity theft. Her debit card number was stolen and she lost $3000 out of her checking account. The worst part was that it happened while she was on vacation. She never wants to be in that situation again and would like a credit card she could use for monthly expenses. | ||
Darius lives in New York City and very rarely cooks in his studio apartment. He eats out frequently and travels periodically for work. |
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