Credit Card Terms And Conditions – A Closer Look

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It’s sad but today most credit card companies are devious and they’ve designed everything possible into the fine print of their terms of service to catch you. Therefore, when looking at any credit card offer, make sure you take a close look at the fine print.

Believe me, I am fully aware that it’s purposely put together to appear like a maze, but because it’s so vitally important to your financial well-being and with the current trend towards “relatively” easier-to-read summary boxes you no longer have a legitimate excuse for ignoring the terms of service.

That being said, I’ve outlined a few of the key aspects to look for that are normally “hidden” away in the fine print of most credit card offers.

The Annual Fee
Although it’s not as common as it once was, it’s still around. Especially, on the so-called higher status Gold and Platinum cards which still tend to charge much higher fees than the “basic” credit card. Annual fees are simply an easy way to get another $39.95 to $79.95 or more from each and every customer. It may not sound like much but it adds up when...

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