Consumer Action recently released its annual credit card survey and found that annual percentage rates as well as late and cash advance fees have gone up. In addition to that we see more banks jumping on the higher-priced fees and interest rates. At least two-thirds of credit card issuers will charge more than a flat fee if you pay late. But what they re doing now is they re also increasing your interest rate. The Internet has made it easier to shop for the best credit card deals.
Different sites break down the choice by annual fee, annual percentage rate or late fees.
There is always the option of operating on a cash-only basis. WFAA-TV Co. All Rights Reserved.