Credit card costs – credit card FAQ

posted: 5 years ago
Credit card costs – credit card FAQ


What are main credit card costs?

Most credit cards are free to get and free to own.

The cost to own a credit card is normally zero. However you can be charged for the use of the credit card. If you do not repay in time you will have to pay an interest rate, which often is high. If you withdraw money from an ATM with the credit card you are normally charged with a percentage fee of the withdrawn amount. Also you usually will be charged with a fee for receiving the invoice by postal service or if you breach your credit limit.

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Despite detailed research we can not guarantee the accuracy or completeness of the information provided.

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