Which of the following is NOT true of credit cards? AThey offer the highest level of fraud protection. BThey are the best payment type to use when trying to stick to a budget. CYou can be charged a fee if you are late making a monthly payment. DSome offer rewards, like cash back or airline miles.

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8 May, 03:50

Which of the following is NOT true of credit cards? AThey offer the highest level of fraud protection. BThey are the best payment type to use when trying to stick to a budget. CYou can be charged a fee if you are late making a monthly payment. DSome offer rewards, like cash back or airline miles.

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Answers (2)

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Cecelia Frost · Answer 1

I would say that credit cards are not the best payment type to use when trying to stick to a budget since using them means incurring debt whereas sticking to a budget means living within one's means ie with the actual money that one has available to make purchases.

Brianna Cooke · Answer 2

A and B are not true.

A) Although credit cards often offer great fraud protection provided by your bank or credit card institution, cash, for example is a much safer method of payment in terms of fraud.

B) Credit cards are not the best payment to use when trying to stick to a budget, as it is quite easy to spend more money than you have using a credit card.