Unit 2, Worksheet 6

Unit 2 Worksheet 6

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Credit Card Team Project Imagine that you work at a bank that has decided to offer a new credit card to its  customers.  Your financial team must come up with all the particulars for the card  and present it to your boss.  Then your boss will choose which card the bank will  use. A.  Form a team with 4 or 5 people. With your team, fill out the table below. Name of Card Annual Fee Annual Percentage Rate (APR) Introductory Rate Grace Period Late Fees Over Credit Limit Fee Cash Advance Fee Cash Advance Limit Cash Advance Interest Rate Benefits

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Unit 2 Worksheet 6

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B.  Present the information to your boss (your teacher ).

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Unit 2 Worksheet 6

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C.  Listen carefully as each financial team presents its credit card.  Fill in the information below. Team 1

Team 2

Team 3

Team 4

Team 5

Team 6

Name of Card Annual Fee Annual Percentage  Rate (APR) Introductory Rate Grace Period Late Fees Over Credit Limit  Fee Cash Advance Fee Cash Advance  Limit Cash Advance  Interest Rate Benefits

D.  If you were a consumer, which card would you want to apply for? _____________________ Why? ________________________________________________________________________ _____________________________________________________________________________ Heinle & Heinle © 2002 Stand Out 4 Activity Bank

Team 7

Team 8

Unit 2 Worksheet 6

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