Answer: No Annual Fees

Questions:

• Why do you think the no annuals fees feature is most popular with Gen Z cardholders? 
• Do you think the most popular feature might differ for different generations? Why or why not?
• Which would you choose if deciding between these three features? Explain your answer. 

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (The Ascent): 

"Baby Boomers and Generation Z have something in common -- they both prefer no-annual-fee credit cards -- though more Baby Boomers (32.56%) than members of Generation Z (28.21%) said this was their top priority. Generation Z is also big on credit card insurance and protections, with 6.15% saying this was their top priority. Other generations averaged 2–4%."

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To learn more about another credit product popular with Gen Z, complete the New NGPF On-Demand: Buy Now Pay Later!

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About the Author

Mason Butts

After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.