September 29, 2006, Newsletter Issue #34: Comparing credit card fees

Tip of the Week

When conducting a credit card comparison, be sure to review the fees first. Most credit cards are available without annual or monthly fees as long as you have a good credit score. If you have bad credit, you may have to pay extra fees to secure the account. All credit card accounts will have late, over the limit, cash advance, and balance transfer fees associated with them. However, the fee amount will vary depending on the credit card company. Look for a fee chart online or in the brochure application that you receive in the mail. By taking special note of credit card fees when you do your credit card comparison, you can avoid spending money that you don't have to.

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