Question

the versatile rewards card
card features:

• benefits:
• earn 4% cash back on dining and entertainment.
• 2% cash back at grocery stores.
• 1% cash back on all other purchases.
• no foreign transaction fees.
• $150 sign-up bonus after spending $1,000 in the first three months.
• complimentary access to various online streaming services for the first year.
• trade - offs:
• $95 annual fee starting from the second year.
• higher apr on balances compared to similar cards
• cash back on dining and entertainment capped at $5,000 annually.
• requires excellent credit for approval.

which individual is likely to benefit most from the versatile rewards card?

• aspen, who travels internationally and primarily spends on travel and hotel accommodations
• asia, an avid moviegoer and food enthusiast who frequently dines out and attends concerts
• astrid, a college student who makes most of her purchases at grocery stores and rarely indulges in entertainment activities
• ashton, who rarely eats out and mainly uses his card for gas and utility bills

Explanation:

To determine who benefits most, we analyze each individual's spending against the card's features:

• Aspen: Spends on travel/hotels (1% cash back, no foreign fees but travel isn't a high - cash - back category).
• Asia: Spends on dining (4% cash back) and entertainment (4% cash back), which are the card's highest - cash - back categories. She also likely benefits from streaming access.
• Astrid: Spends at grocery stores (2% cash back) and rarely on entertainment, so she misses out on the 4% cash - back category.
• Ashton: Rarely eats out (misses 4% cash back) and spends on gas/utilities (1% cash back), so low cash - back overall.

Asia's spending aligns best with the card's 4% cash - back on dining and entertainment, so she benefits most.

Answer:

Asia, an avid moviegoer and food enthusiast who frequently dines out and attends concerts