C take charge today may 2014 understanding credit cards funded by a grant from take charge america inc to the norton school of family and consumer sciences take charge america institute at the university of arizona describe how an individual obtains a credit card. How to avoid paying pay your bill in full by the date interest on purchases typically 050 2 per month minimum interest charge typically 050 2 per month for credit card tips from the federal reserve board fees set up and maintenance fees annual fee set up fee participation fee and additional card fee. 1 develop positive credit history 2 convenient payment tool 3 protected from unauthorized charges 4 credit card safer for online shopping. loss of introductory apr we may end your introductory apr and apply the penalty apr if you become more than 60 days late in paying your bill credit card companies use one of several methods to calculate an outstanding credit card balance if the card has an introductory rate this area will list how the lower introductory rate can be lost c take charge today may 2014 understanding credit cards funded by a grant from take charge america inc to the norton school of family and . The understanding credit cards note taking guide 263l1 is provided but not included as part of the recommended facilitation instructions or approximate time use actual credit card offers instead of the samples provided in the lesson black out any personal information discuss their responses