Credit card holders will see increase in fees.
POSTED: Tuesday, January 5, 2010 - 10:05am
UPDATED: Thursday, February 25, 2010 - 12:35pm
New rules are coming soon for credit card holders in the new year.
You may find companies adding new fees and practices into transactions to maintain their profit margins on your credit cards. One company is now charging a $1 dollar processing fee for every time they send yo a printed statement instead of one by email. The changes are coming before next month's new rules go into effect. Some banks are now looking at ways to make up for lost checking overdraft fees by eliminating free checking and cutting back on reward programs.