Many credit cards charge a fee every year just for having the card. Annual fees typically range from $95 to upwards of $500
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Annual fee
Credit cards charge interest if you don’t pay off your balance in full each billing cycle.
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Interest charges
Every time you pay your credit card bill late, you’ll incur a fee that ranges from up to $29 for first-time instances and up to $40 for subsequent violations
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Late payment fee
When you make purchases outside the U.S. you may incur an additional fee each time you swipe your card
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Foreign transaction fee
When you transfer debt from one credit card to another card, you’ll typically incur a 3% to 5% fee per transfer
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Balance transfer fee
Cash advances may seem like an easy way to get cash fast, but come at steep costs
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Cash advance fee
Card issuers may charge you for exceeding your credit limit, though the fee can’t be greater than the amount you spend over your limit.
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Over-the-limit fee
If you schedule a payment for your credit card bill, but don’t have enough money in your bank account, your payment may be returned