Monday, September 24, 2007

Credit Card Tips - Other "hidden" fees

Lets be honest not many people read all the way through the terms and conditions of their credit cards. Lately there has been a rising trend of "hidden" fees and penalties. Your financial institution may charge you for:

  • making a late payment
  • exceeding your credit limit
  • having a second card on the same account
  • replacing a lost card
  • duplicate or extra statements
  • taking cash advances
  • making an overseas ATM withdrawal
  • converting currency when buying overseas
These fees can cost anywhere from a few dollars to hundreds of dollars so it is advisable to try and find out what these things will cost you before you accept the card.

1 comments:

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