Evaluate three credit card offers by filling out the chart below. Summarize your results by answering the questions that follow.
| Card Costs and Features | Card 1 | Card 2 | Card 3 |
| Interest Rate (APR) | |||
| Balance Calculation Method | |||
| Duration of Grace Period | |||
| Annual Fee | |||
| Late Fee | |||
| Cash Advance Fee | |||
| Over the Limit Fee | |||
| Transaction Fee | |||
| Minimum Finance Charge | |||
| Any Special Offers? |
What words or terms were new to you?
Are the offers alike or different? Explain your answer.
What hidden fees increase the cost of using credit?
Was the information easy to find and understand? Explain your answer.
Which credit card would you choose and why?
Why is it important to compare credit card offers before signing up for one?
