Credit Card Rewards New Reinstatement Fee

Credit Card Rewards New Reinstatement Fee – Credit card issuers have added a new fee for 2010, a reinstatement fee to restore reward points after a late payment.
The purpose of the new reinstatement fee for credit card reward points is to make you pay your bill on time or forfeit the miles or points you [...]

New Overdraft Fee Rule

New Overdraft Fee Rule – Banks will have to get their customers consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal Reserve.
The new overdraft fee rule came about after complaints from consumer groups, members of Congress and other regulators that the overdraft [...]