6 Credit Card Costs You Should Never Pay
All of these credit card costs are avoidable.
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Credit cards can be a great financial tool, helping you build credit to accomplish other goals, as well as providing you with a way to earn rewards.
However, credit cards can also come with a hefty cost. If you use credit cards, there are a few costs you should do your best to avoid paying.
1. Annual fee
Does your card charge an annual fee? You might be able to have it waived. A few years ago when one of my credit card issuers added a fee, I called and asked to have it waived — and was successful. The key is to have a history of being a good customer — meaning your issuer wouldn’t want to lose you — and be willing to cancel your card if the company does not waive the fee.