FINANCIAL LITERACY

HIDDEN CHARGES OF A CREDIT CARD

Published By Akash Yadav | 29 Jan, 2023

Every credit card comes with extra fees that will only cost you more in the long run

Let's have a look of  hidden fees on credit cards

Credit card companies ask to pay an annual fee on a credit card

You are charged an interest fee if you do not pay your monthly statement in full

Late payment fees are added to your bill if you do not pay the minimum monthly payment

There's a foreign transaction fee applied to each foreign transaction to your credit card

If you succeed the credit card limit, you’ll be charged a fee, called over the limit fee