Beware of New Credit Card Costs

as mentioned on this thread, new rules gives credit card holders a break on late fees, but beware of other credit card costs:

• Some fixed-rate credit cards have morphed into variable-rate cards.
• Card issuers have raised interest rates.
• Card issuers are cherry-picking the most creditworthy customers.
• Transferring a balance can cost up to 5%.

http://www.kiplinger.com/magazine/ar...ml?topic_id=14


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