Question

the credit card that makes the most sense for a person that pays his balance every month is a credit card with
○ a 5% fixed interest rate.
○ a 0% interest rate for the first six months.
○ 1% cash back reward on all purchases.
○ a high apr.

Explanation:

A person who pays their full credit card balance monthly does not accrue interest charges, so interest rates (fixed, introductory 0%, or high APR) provide no meaningful benefit. Cash back rewards, however, directly reduce the net cost of purchases, making this the most valuable feature for this user.

Answer:

C. 1% cash back reward on all purchases.