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$1$

$1$ point

Select the term associated with managing your use of credit cards that corresponds to each of the given descriptions.

A plastic card that allows the cardholder to make purchases as if

using cash. The funds are immediately transferred from the

cardholder's bank account to the seller. The card can also be used to

make withdrawals from an account holder's bank account.

This type of plastic card is secured with some form of collateral, such

as a certificate of deposit.

This is the most widely used value in the United States to help banks

and other institutions make lending decisions. Applicants with

relatively high values might be offered lower interest rates on

mortgages or other loans, or a higher credit limit$.$

This is a type of open credit that is secured, or collateralized, by the

existing equity in a home.

$$ credit card that combines features of a traditional bank credit card

with an additional incentive, such as cash or merchandise rebates,

airline tickets, or investments. Because of the additional benefits

associated with this card, it tends to carry a higher interest rate than

that carried on regular bank credit cards.