Tag Archives: penalty rates

Citi’s fee refund puts spotlight on penalty charges

Kelly Dilworth

Citi’s decision to voluntarily refund more than $330 million in fees to cardholders has penalty rates back in the news, but the fact is, you can avoid high interest rates and late fees that are triggered when you don’t pay…
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As credit card rewards increase, so do the risks for cardholders

Kelly Dilworth

Credit card offers have become so generous lately it often feels as if we’re living in a golden age for card rewards. If you’ve got good credit and can afford to drop more than a thousand dollars a month on…
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