Credit Card Comparison Assignment: : Personal Finance Course

Personal Finance Course, 11:373:353 (01)

Find three different credit card applications (e.g., online, at restaurants, etc.).
Compare the three credit card offers by completing the chart below to describe key features of each.
Write a one-page (single space, double between paragraphs) paper summarizing what you learned by comparing the three credit cards and which credit card offer is the best for you and why.

Credit Card Feature	Card #1	Card #2	Card #3
APR (annual percentage rate): Is it fixed or variable?
Penalty APR and trigger events when it is charged
Annual fee
Late fee
Over-the-limit fee
Transaction fees (balance transfers, cash advances, etc.)
Grace period
Method for computing account balance
Rewards for use
Other features

Instructor: Dr. Barbara O'Neill, CFP®, Extension Specialist in Financial Resource Management and Professor II
Office: Room 107, Cook Office Building, 55 Dudley Road, New Brunswick, NJ 08901
Phone: 732-932-9155 x250
E-Mail: oneill@aesop.rutgers.edu
Web Page: njaes.rutgers.edu/money | investing.rutgers.edu