4 Sneaky New Credit Card Fees You Need to Know About
New research shows that credit card providers are going the way of airlines and slamming customers with more fees.
In an analysis of 100 U.S. credit cards, CreditCards.com found that the average card now charges six fees -- though some tip the scales at double that number.
They include some of the usual suspects, such as late payment and cash advance fees (charged by 99 and 98 percent of credit card providers, respectively).
But others might surprise you. For instance, some providers hit credit card holders with annual fees for adding an authorized user to an account, while others are guilty of charging customers for copies of monthly statements.
The survey even found one provider that charges a $25 reopening fee to clients who have second thoughts about closing their accounts.
And as mobile payments grow increasingly popular, watch out for alternative payment method fees -- which might fine you for making a plastic-free payment.
