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comparative overview of credit card features: the frequent flyers choic…

Question

comparative overview of credit card features:
the frequent flyers choice vs. the essential
cashback card
credit card a:
the frequent
flyers choice
credit card b:
the essential
cashback card

  1. lauryn: lauryn is a digital marketer who spends a significant portion of her budget on online shopping and groceries. she rarely travels but looks for a card with no annual fee and good cashback on her regular expenses.
  2. jake: jake is an avid traveler and foodie. he travels abroad frequently and spends a lot on dining, both domestically and internationally. hes looking for a card that maximizes his rewards in these areas and doesnt mind an annual fee for substantial benefits.
  3. melina: melina is a freelance photographer. she occasionally travels for work and leisure but mainly focuses her spending on groceries and household items. shes interested in a card that offers benefits for both travel and daily expenses but prefers a lower apr as she sometimes carries a balance.

match the scenarios to the appropriate card from the table:
lauryn
jake
melina

Explanation:

Brief Explanations
  • Lauryn: The Essential Cashback Card has no annual fee and offers 1.5% cash back on purchases (which could include online shopping as a general purchase category).
  • Jake: The Frequent Flyer's Choice Card offers 5% cash back on travel, which would benefit an avid traveler.
  • Melina: The Essential Cashback Card has no annual fee (good as she is a freelancer) and 3% cash back on groceries (she spends on groceries).

Answer:

  • Lauryn: The Essential Cashback Card
  • Jake: The Frequent Flyer's Choice Card
  • Melina: The Essential Cashback Card