nerdexam
American_Bankers_Association

CTFA · Question #253

It is a bank credit card that combines features of a traditional bank credit card with an additional incentive, such as rebates and air mileage.

The correct answer is D. Both A and B are one and the same. See the full explanation below for the reasoning.

Fiduciary and Trust Activities

Question

It is a bank credit card that combines features of a traditional bank credit card with an additional incentive, such as rebates and air mileage.

Options

  • AReward credit card
  • BCo-branded credit card
  • CMerchandise rebates
  • DBoth A and B are one and the same

How the community answered

(60 responses)
  • A
    7% (4)
  • B
    3% (2)
  • C
    17% (10)
  • D
    73% (44)

Topics

#reward credit card#co-branded card#credit incentives#credit products

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