QUESTION IMAGE
Question
multiple select question
select all that apply
what types of services are provided by credit card companies?
- right to buy on approval
- unchanged interest rates
- the right to order by phone
- free money when traveling
- advance notice of sales
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Brief Explanations
- "right to buy on approval": Credit cards enable purchases on credit (approval-based spending) as a core service.
- "Unchanged interest rates": Credit card rates are often variable, not guaranteed unchanged, so this is not a standard service.
- "the right to order by phone": Credit cards facilitate remote purchases (including phone orders) as a payment method, which is a supported service.
- "Free money when traveling": Credit cards do not provide free money; they offer access to credit, not cash grants.
- "advance notice of sales": This is a retailer perk, not a service from credit card companies.
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right to buy on approval, the right to order by phone