Fill - Free fillable Form 16: CreditCardOfferScavengerHunt (Mr. Breitsprecher's Business Ed Home Page) PDF form

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1.4.1.A1

©FamilyEconomics&FinancialEducation–RevisedMay2011–CreditUnit–UnderstandingaCreditCard

FundedbyagrantfromTakeChargeAmerica,Inc.totheNortonSchoolofFamilyandConsumerSciencesTakeChargeAmericaInstituteatTheUniversityofArizona

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Byeducators…foreducators

CreditCardOfferScavengerHunt



TotalPointsEarned



Name 

16

TotalPointsPossible

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Date

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Percentage

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Class

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Step1:Findandhighlighteachofthevocabularywordsinthetablebelowinthecreditcardofferprovided.

Step2:Reviewthehighlightedwordsinthecreditcardoffer.Whichwordsareyounotfamiliarwith?Write

eightwordsthatyouarenotfamiliarwithinthefirst

columnofthetablebelow.Usingyourinformation

sheet,writethedefinitionofeachwordinyourownwordsinthesecondcolumn.Afterthedefinitionsare

complete,usethethird columnofthetablebelowtoexplainhoweachwordrelatestothecreditcardoffer

provided.

(8points)

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Word Definition Relationship

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VocabularyWords

Credit Interest CreditCard CreditLimit

Creditworthiness AnnualPercentageRate

(APR)

SchumerBox IntroductoryRateor

IntroductoryAPR

Variable‐rateAPR PrimeRate BalanceTransfers PenaltyAPR

AnnualFee LatePaymentFee Over‐the‐limitFee Pre‐approved

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1.4.1.A1

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Byeducators…foreducators

Step3:Usethespaceprovidedbelowtocreateagraphicorganizerthatillustratestherelationshipofeachof

theeightchosenvocabula rywords.Makesuretoexplaintherelationshipscreatedinthegraphicorganizer.

(8

points)



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