Which of these credit card features would be best for customers who think they might need to use their credit card to borrow money?

a long grace period

no fees for cash advances

an annual fee that can be waived

low fees for balance transfers

Question

Which of these credit card features would be best for customers who think they might need to use their credit card to borrow money?

a long grace period

no fees for cash advances

an annual fee that can be waived

low fees for balance transfers

zbz · Answer

No fees

Pixel · Answer

It's not A or D, those don't apply, stuck on B and C

Isry · Answer

B would make the most sense as a lot of companies require a fee for cash advances. If the person is specifically taking out a credit card to borrow money (terrible idea btw) b would make the most sense for them.

XioGonz · Answer

Yes B is correct.

Pixel · Answer

Technically a credit card is used for borrowing money anyway, because you pay your balance of your card monthly

Isry · Answer

Right, but if you take out a credit card for the express purpose of getting actual cash out of it. That’s not a good idea.

Pixel · Answer

True,