I'd like to apply for a credit card. Can you help me with my application?
I'd be glad to.
I'm afraid that I don't have a credit history. I just came to this country.
Do you have an account with this bank?
I'm afraid not.
In that case I highly recommend you apply for a savings and checking account also. That would help with your credit card application.
What is the interest rate on your card?
The annual charge rate is 9. 5 %.
That's very expensive!
Not really. The credit card is a revolving account. You only pay interest on what you owe.
How does the bank bill its customers for credit card charges?
You will receive a monthly statement with each expenditure itemized.
Does the card provide any other benefits?
You can also get a cash advance up to 1, 000 dollars on this card.