36. Which type of card is typically not accepted outside of the country?
a) Debit card
b) Prepaid card
c) Credit card
d) ATM card
37. What is the maximum credit limit on a credit card?
a) It varies depending on the creditworthiness of the cardholder
b) $10,000
c) $100,000
d) There is no maximum limit on credit cards
38. Which of the following is a disadvantage of using a debit card?
a) Easy access to cash at ATMs
b) No risk of overspending or accumulating debt
c) Limited fraud protection
d) Building credit history
39. What is a cash advance on a credit card?
a) Withdrawing cash from an ATM
b) Using the card to pay for goods or services
c) Borrowing money against the credit line
d) Applying for a higher credit limit
40. A credit card’s billing cycle refers to:
a) The time allowed to return a purchase
b) The period during which purchases are accumulated and a statement is generated
c) The time to dispute a billing error
d) The promotional offers and discounts available for cardholders