Facing with a massive loss of revenue from banking fees curtailed under the new credit card reform legislation, banks have gotten creative in their fee-harvesting techniques. Among other things, they have revived annual fees; shortened billing cycles; levied new charges on cards with low credit limits; increased balance-transfer, cash-advance and foreign-exchange fees. Debit Cards. Federal […]
The post Sneaky Ways Banks are Collecting Fees in the Post CARD Act Era appeared first on Creditinfocenter Blog.
