Sunday, February 04, 2007

Avoid These Bank & Credit Card Fees: The Link to My Latest Miami Herald Column

Banks, credit-card companies and other financial services companies continue to find new ways to charge fees. That's the word from I recently interviewed an analyst from that research firm.

Our interview resulted in my latest column in the Miami Herald. Here's a snippet from that column:

Foreign Currency Surcharge: Check your credit-card statement after traveling abroad. Some institutions add a 3 percent surcharge to overseas purchases. The fee has become a ''lighting rod'' for consumer complaints, McBride says, because the fee comes with no additional services. He gives high marks to Capital One for skipping the fee. Others such as Washington Mutual and Household Finance have foreign currency surcharges of only 1 percent.

-- source: The Frugal Duchess in the Miami Herald.

Here is the link to the full article.


The Frugal Duchess Booktique
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