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  3. All of the Following Actions Lead to the Payment of a Credit Card Fee Except

All of the Following Actions Lead to the Payment of a Credit Card Fee Except

Paying your credit card bill in full and on time every month does not lead to the payment of a credit card fee, all other options do.

by Sai V

Published Oct 25, 2023 | Updated Oct 25, 2023 | ๐Ÿ“– 1 min read

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All of the Following Actions Lead to the Payment of a Credit Card Fee Except

All of the Following Actions Lead to the Payment of a Credit Card Fee Except

A) Using your credit card to get cash from an ATM.

B) Using your credit card to purchase items in a foreign country.

C) Paying your credit card bill ten days after the Due Date.

D) Paying your credit card bill in full and on time every month.

The  correct answer is: option D) Paying your credit card bill in full and on time every month.

Credit card fees typically apply when you engage in actions that incur additional costs for the credit card company. Options A and B can lead to fees: using your credit card to withdraw cash from an ATM or making foreign transactions. Option C, paying your bill ten days after the due date, may also incur late payment fees. Option D, paying your credit card bill in full and on time every month, should not result in any fees, as it reflects responsible credit card usage by avoiding interest charges and penalties.

 


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