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O-LevelCommerceCredit7100/11 · Oct/Nov 2025 · Q71 Mark

Why have credit cards increased in popularity?

AGoods bought using this method are always cheaper.
BInterest is charged on credit balances at the end of the month.
CInterest rates on outstanding balances are set at zero.
DThere is an increased variety of reward programmes offered with these cards.

✓ Correct answer

D: There is an increased variety of reward programmes offered with these cards.

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About this question

Topic
Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2025 Paper 1 Variant 1, question 7.

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