Module Two: Credit Card Interest

Dear Student

Welcome to Module 2 of Edubank training.

In this course you will learn t the following on interest calculation for a credit card product:

• How does it work?
• Interest categories
• Statement cycles
• How is it calculated?
• Accrued interest
• Interest free period
• Collections and payment allocation
• Capitalisation.

Please study the course material presented in a Word document (lesson 1) as well as a Powerpoint presentation (lesson 2), then proceed to the assessment at the end of lesson 2.

This assessment will test your UNDERSTANDING of the topic – please spend enough time on your preparation.

Enjoy this exciting learning process!!

Edubank Greetings.