Question

select all that apply
what types of services are provided by credit card companies?

unchanged interest rates
right to buy on approval
free money when traveling
the right to order by phone
advance notice of sales

Explanation:

• Unchanged interest rates: Credit card rates can change (e.g., variable APRs, penalty rates), so this is not a standard service.
• Right to buy on approval: This is a core service, as credit cards allow users to make purchases on credit (buy now, pay later, essentially buying on approval of credit).
• Free money when traveling: Credit cards may offer travel rewards, but not "free money" as a direct service.
• The right to order by phone: Credit cards enable phone/remote purchases, so this is a valid service.
• Advance notice of sales: This is not a standard service provided by credit card companies; this is typically from retailers.

Answer:

B. right to buy on approval
D. the right to order by phone