Credit Card Product Quiz

A visually appealing infographic depicting various credit card features, interest rates, repayment options, and a person calculating finances, with a modern and colorful design to attract attention.

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
7 Questions2 MinutesCreated by CalculatingGuru472

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.

  1. Cash withdrawals at ATMs,inside FNB branches from straight and budget, and cash@Till
  2. Purchases of foreign Currency
  3. Electronic fund transfers(EFT) out of the Credit Card account
  4. All transactions on the linked Petro Card
 
 
  1. Cash withdrawals at ATMs, inside FNB branches from straight and budget, and Cash@Till
  2. All transactions on the linked Petro Credit Card
  3. Electronic fund transfers (EFT) out of the Credit Card account
  4. 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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