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Team 2
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Teams
Name
Score
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15
×
At what age can you start developing a credit score independently?
18
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20
×
This is the minimum amount of money you have to pay each month to stay in good standings with the credit card company
Minimum Payment
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25
×
What is one downfall to having a low credit score?
Answers will vary
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15
×
True or False- a transaction can take 3-5 business days to post to your account.
True
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25
×
This is maximum amount of money you can charge to your credit card
Spending Limit/ Credit Line
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×
seesaw
Swap points!
Oops!
×
magnet
Take 5 points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
thief
Give points!
5
10
15
20
25
10
×
True or False - Your credit score is randomly assigned to you
False
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10
×
Which card keeps a running balance all month and then send a bill at the end of the month?
Credit Card
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5
×
If you have a bank account you can get a ______ card.
Debit
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×
baam
Lose 20 points!
Oops!
×
gold
Win 50 points!
Okay!
×
rocket
Go to first place!
Okay!
×
lifesaver
Give 25 points!
Oops!
10
×
Whose money is associated with a debit card?
It is your own money
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×
seesaw
Swap points!
Oops!
×
gold
Win 50 points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
thief
Give points!
5
10
15
20
25
15
×
What are you charged if you carry over a balance each month?
Interest Rate/ APR
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10
×
Interest rates for credit cards are ______.
High
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25
×
What is one benefit to having a high credit score?
Answers will vary
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10
×
What age do you have to be to apply for a credit card?
18
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×
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