Credit card fees to note

Credit cards issued by banks have several fees imposed which some of it you may already know of. These fees are mandatory and charges sometimes adds up to your monthly statement of account which you may not be aware thus increases your debt making it as additional burden. So it is best to determine and understand the different fees and charges which might reflect in your statement in order to get familiar and avoid incurring unnecessary charges. Fees are as follow; Annual Fee - The amount you pay for owning and using the credit…Read more …