American_Bankers_Association
CTFA · Question #255
CTFA Question #255: Real Exam Question with Answer & Explanation
The correct answer is A. Automobile rebate program. See the full explanation below for the reasoning.
Question
About half of the credit cards are rebate cards, and new cards are introduced every day. In one credit card incentive program, a number of credit cards allow cardholder to earn annual rebates of up to 5% for new car purchases or leases and gas and auto maintenance purchases up to specified limits.
Options
- AAutomobile rebate program
- BFrequent flyer program
- COther merchandise program
- DBalance transfer program
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