New Credit Card Fees

By: News 10
By: News 10

If you think you're saving money by not using your credit card---- think again.
Credit card companies piling on new fees for inactivity or for using your card outside the United States.
For example--- Fifth Third is charging a $19 fee if there's no activity on your card for 12 months.
Discover is also tacking on a 2% fee for purchases made outside the country.
Check with your credit card issuer to see if there are any new fees you need to be aware of.

Are You Using Your Credit Cards Less Often?


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Beth Location: Lansing on Aug 12, 2009 at 03:00 PM
    It's not hard to spend money you don't have, but it's easy to spend "plastic" money that you don't see. An item becomes more expensive espically when you couldn't afford to pay cash and have to charge it. And then can't pay for it and fees get added on!
  • by JB Location: Jackson on Aug 11, 2009 at 11:18 AM
    Anything to get more money out of people who are already struggling. They need the axe put to them right now so people can work on getting a handle on all of this and get back on track.
  • by Anonymous on Aug 8, 2009 at 07:03 AM
    I use the common checking account,and saving accounts.No credit cards.This way my money draws interest.Do credit cards?To many fees on credit cards.I want to save money,not spend money.I think credit cards help raise prices of many things because a lot of people spend plastic money too easy.Many have No self control.Especially young folks.
  • by tina Location: mich on Aug 8, 2009 at 06:59 AM
    I can't see where credit cards save any thing for the one who has them.Pay off your bill and throw them away.Credit cards have not helped many and put them in debt.It is easy to spend plastic money.Spend them credit cards and payfees that keep the rich owners richer.We wonder why they were ever allowed and what damage have they done?If you aren't tempted to spend and can only pay cash or save to pay cash or have a reasonable cheecking account your credit stays safer.Credit cards have ruined alot of peoples credit.As many credit cards didn't get paid off,of course they want us to use them.Pay extra fees for this or that?Not saving money at all.I don't have one,never have,never will,and I'm doing fine.
  • by Angry Working Housewife Location: Lansing on Aug 7, 2009 at 08:56 AM
    Don't people realize "merchants" are charged fees when you pay with a credit card. These credit cards companies are taking advantage of not only the "consumers/custumers" with fees but the merchants as well. Support your LOCAL businesses and pay cash!
  • by Plastis Spastic on Aug 7, 2009 at 01:10 AM
    According to the wilx poll at least 78% of the consumers in this poll are at least trying to break old habits. The other 21% either have money to burn or they can't break old habits, or live beyond their means or maybe they just pay the credit card off at the end of the month. Recently the company I work for sent out a memo that they will no longer produce a paycheck. We have two choices; direct deposit or they will issue a Visa debit card. This is being done under the pretense they want to go paperless. Maybe that's all it is but I'm curious to know how many companies have this program. They want us to to use plastic and this is not a good sign for those consumers that have no discipline over their spending and buying habits. A prime example: I have a co-worker that has financial problems, they keep saying they have to cut up their plastic and change their buying habits but they evidently don't own a pair of scissors. They quit smoking two weeks ago maybe there is hope.
  • by jon Location: mi on Aug 6, 2009 at 05:52 PM
    I likes old Kent better too!
  • by jen Location: mi on Aug 6, 2009 at 05:45 PM
    How come we just let these things happen to us? Don't we have a voice in this?
  • by Steve Location: Lansing on Aug 6, 2009 at 04:32 PM
    If the government truly wants to help the economy they should make this kind of s&%t against the law.
  • by Plastic Spastic on Aug 6, 2009 at 03:52 PM
    The credit card is part of the reason the economy went in the tank. The same #$@#$%that bought houses they couldn't afford likely maxed out their credit cards. Our financial institutions prey on &&%#@ that have no money intelligents. Whose to blame??? The BANKS, MORTGAGE COMPANIES, GOVERNMENT or ALL OF THE ABOVE. Yep you guessed it, they blame each other and admit it, but we are suppose to VOTE these smart people back into office. That makes all the #$@^% people in deep debt uneducated consumers and there is a lot of them. Good Luck making a better choice when you VOTE next time. The Government already says the average voter don't care about politics, they must be right because you sure are &%$#@. Guess I'm not to sympathectic, oh well I'll donate to hospice because you people are killing me.
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