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Credit Card Fees

Paying With Credit May Soon Cost You

Wall Street Journal | ANDREW R. JOHNSON | Posted 07.09.2012 | Money

Merchants may soon begin to impose a surcharge each time a customer pays with credit card, a practice Visa Inc. V -2.23% and MasterCard Inc. MA -3.36%...

33 Ways To Avoid Annoying Fees

Kiplinger | Posted 06.18.2012 | Money

In our monthly survey of Kiplinger's readers, we asked which fees were the most bothersome. You told us that travel fees bug you the most, followed by...

Catherine New

High Card Fees Didn't Even Help Banks, Report Finds

HuffingtonPost.com | Catherine New | Posted 05.10.2012 | Money

Outrageous credit card fees are not only bad for consumers; they're actually bad for business. That's the somewhat surprising conclusion of a new r...

Watch Out For These Outrageous Fees At The Pump

The Huffington Post | Bonnie Kavoussi | Posted 04.26.2012 | Money

Gas prices may be falling nationwide, but some people on Long Island are shelling out mind-boggling sums at the pump. Eighteen gas stations in eas...

Unbanking America: Entrepreneur Develops Alternative to Paper Money, Banking System

Steven Kurlander | Posted 06.20.2012 | Money
Steven Kurlander

With the explosion of devices equipped with encrypted technology, it should be only a short period of time before both paper currency and the rest of coins in circulation go the way of the Canadian penny.

The Best Credit Cards Of The Year

SmartMoney | Annamaria Andriotis | Posted 04.19.2012 | Money

This article originally appeared on SmartMoney.com In the battle of the plastics, credit cards have lately emerged as the surprise champs, offering...

Consumer Bureau Developing Simpler Credit Card Form

The Huffington Post | Jillian Berman | Posted 12.07.2011 | Business

Imagine a credit card agreement that's short, to the point and easy to understand. If one federal agency gets its way, what you're picturing could bec...

Premium Credit Cards: Golden Goose or Golden Noose?

Curtis Arnold | Posted 01.22.2012 | Business
Curtis Arnold

Critics and watchdogs of the consumer lending industry warn that even a low-risk credit card opens the door to credit abuse and "fee harvesting."

Tricks and Treats at the Bank

Richard Barrington | Posted 12.26.2011 | Business
Richard Barrington

Even if you are too old to go trick-or-treating, you may find yourself holding a mixed bag this Halloween at your bank. Banks play their share of tricks on customers, but they also hand out some treats.

Bank of America, Adam Smith and a Fee Market System

Adam Levin | Posted 12.09.2011 | Business
Adam Levin

In keeping with the new Durbin-inspired trend of candor and brevity, Bank of America CEO Brian Moynihan justified the new fee by saying, "we have the right to make a profit." Translation: I think they need the dough.

How Swipe Fees Affect Customers

Daily Finance | Regina Lewis | Posted 09.12.2011 | Business

Swipe fees are the charges retailers pay when they allow you to use plastic at their store. In reviewing the comments and speaking about the story on ...

Swipe Fees: Didn't "Swipe" Used to Mean "Steal"?

Rick Horowitz | Posted 08.09.2011 | Comedy
Rick Horowitz

Burt Bottomline knows banking. And why shouldn't he? Burt Bottomline has been in banking -- Big Banking -- for years. He's one of Big Banking's big...

Two Top Contenders Emerge To Head Consumer Protection Agency

Reuters | Posted 06.05.2011 | Business

April 6, 2011 1:39:49 AM WASHINGTON (Reuters) - The White House is considering Federal Reserve Governor Sarah Raskin and former Michigan Gov. J...

A Public Comment on the Durbin Amendment to Limit Bank Interchange Fees

Aaron Greenspan | Posted 05.25.2011 | Business
Aaron Greenspan

The following comment on Regulation II - Debit Card Interchange Fees and Routing [R-1404] was submitted by the author to the Federal Reserve on Januar...

As Predicted, Debit Fees Are Climbing

Tim Chen | Posted 05.25.2011 | Business
Tim Chen

Banks all over the country have already started adding new fees to services that most of us have long taken for granted as free. Their first target? Debit cards.

Credit Card Fees and Your Subconscious Mind

Tim Chen | Posted 05.25.2011 | Business
Tim Chen

A lot of people are drawn into 0% Intro APR and Balance Transfer Rate discounts without thinking what happens after they cease. Banks know that people screw up and are always looking for new credit users to milk fees from.

Fed Displays Policy Shift, Strengthens CARD Act

Odysseas Papadimitriou | Posted 05.25.2011 | Business
Odysseas Papadimitriou

As the United States comes out of the Great Recession, we must critically examine the causes of this economic swoon and make adjustments in order to prevent such an event from ever occurring again.

Credit Card Offers Still Too Complex To Decipher: Study

AP | EILEEN AJ CONNELLY | Posted 05.25.2011 | Business

NEW YORK — It's becoming a little bit easier for credit card holders to understand the interest rates and penalty charges they face. That's because ...

Top 5 Signs You Need a New Credit Card (PHOTOS)

Beverly Blair Harzog | Posted 05.25.2011 | Business
Beverly Blair Harzog

Life changes. It happens whether we like it to or not. And when changes occur, we often develop new credit card needs. Sometimes the signs that you need a new card are subtle. But sometimes they smack you right in the face.

New Credit Card Tricks: Banks Have Already Dreamed Up New Ways To Trip Up Consumers

Wall Street Journal | JESSICA SILVER-GREENBERG | Posted 05.25.2011 | Business

Just months after historic legislation banned certain billing practices, card issuers have dreamed up new ones designed to trip up consumers....

Credit Cards Transfer Money From Poor To Rich Households: Study

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

Credit cards do more than drain money from your wallet -- they may actually create an "implicit money transfer" from the poor to the rich, according t...

Credit Card Companies Raising Fees On Good Customers To Recoup Lost Profits

Washington Post | Ylan Q. Mui | Posted 05.25.2011 | Business

After the recession forced credit card companies to purge their rosters of the riskiest loans, the industry is facing a new problem: customers who are...

Credit Card Fees: How Banks May Be Gaming Your Payments

AP | By CANDICE CHOI | Posted 05.25.2011 | Business

NEW YORK -- Credit card issuers are still playing "gotcha" with customers. Landmark reforms this year were intended to stop billing practices that ...

New Senate Rules Hit Card 'Interchange Fees' - And Shopping Could Become Cheaper

AP | By JIM KUHNHENN | Posted 05.25.2011 | Business

WASHINGTON -- Striking at a lucrative bank business, the Senate on Thursday voted to force credit card companies to reduce fees for debit card transac...

World's Worst Credit Cards (Infographic)

Brian Clark Howard | Posted 05.25.2011 | Business
Brian Clark Howard

Due to editorial consideration, the infographic and accompanying text have been removed from this post....