Credit Card Product Quiz
Test Your Credit Card Knowledge!
Are you familiar with the ins and outs of credit card products? Take our Credit Card Product Quiz to find out! This quiz will challenge your knowledge of credit cards, repayment periods, and transaction types.
- 7 engaging multiple choice questions
- Learn about credit card facilities and options
- Gain insights that could help you in your financial decisions
A minimum purchase of
________ can be placed on the budget facility?
R200
R100
R50
R300
The repayment period
on your budget facility is from 12, 18, 24, 36, 48 and 60 months?
True
False
A customer cannot settle a budget transaction
earlier than the specified period?
True
False
Name the 3 auto
payment options a customer can choose to pay their account.
The Minimum Payment
The Full amount
The Specified amount
ALL OF THE ABOVE
Credit card looks at a customer’s gross income
to work out their credit card limit?
True
False
Name all 4
transactions that are interest bearing and are exceptions to the Up to 55 days
interest- free Credit rule.
- Cash withdrawals at ATMs,inside FNB branches from straight and budget, and cash@Till
- Purchases of foreign Currency
- Electronic fund transfers(EFT) out of the Credit Card account
- All transactions on the linked Petro Card
- Cash withdrawals at ATMs, inside FNB branches from straight and budget, and Cash@Till
- All transactions on the linked Petro Credit Card
- Electronic fund transfers (EFT) out of the Credit Card account
- Purchasing Fuel using your Credit Card
How does FNB make money from the Credit Card?
| Interchange Fees |
| Card Fees |
| Transaction Fees |
| Debit Interst |
| Interchange Fees |
| Card Fees |
| Transactional Fees |
| Credit Interst |
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