W: I'd like to apply for a credit card. Can you help me with my application?

M: I'd be glad to.

W: I'm afraid that I don't have a credit history. I just came to this country.

M: Do you have an account with this bank?

W: I'm afraid not.

M: In that case I highly recommend you apply for a savings and checking account also. That would help with your credit card application.

W: What is the interest rate on your card?

M: The annual charge rate is 9.5%.

W: That's very expensive!

M: Not really. The credit card is a revolving account. You only pay interest on what you owe.

W: How does the bank bill its customers for credit card charges?

M: You will receive a monthly statement with each expenditure itemized.

W: Does the card provide any other benefits?

M: You can also get a cash advance up to 1,000 dollars on this card.