Chapter 5 - Lesson 2
Negotiable Instruments

Credit cards allow consumers to pay all or part of their bills each month and finance the unpaid balance. The Discover Card is one of the world's most popular credit cards. Visit the Discover Card web site to answer the following questions.

Suggested keywords: Discover Card, credit card
Web site: http://www.discovercard.com/

Your Name:

Today's Date:

Question 1:
What is the current APR on a Discover Platinum Card? Can the rate change? How is it calculated?

Question 2:
What is the grace period for the repayment of the balance of purchases?

Question 3:
From the home page, click the ''Student Center'' link and read through the information you find. Do you think it is ethical for credit card companies to allow students to become cardholders? Why or why not?