What should a consumer consider when shopping for a credit card? Check all that apply.

1) the down payment that is required

2) the initial fees to open the account

3) the fees charged for late payments

4) the kind of collateral that is required

5) the annual percentage rate for the card

The factors that a consumer should check for while shopping for credit card are:

1. The initial fees to open the account.

2. The fees charged for late payment.

3. The annual percentage rate for the card.

One need to get these information and compare the values among different banks in order to be able to choose one that will be suitable for one's needs.