The hidden costs of credit cards and programs

[Ciel]

Happened to see this item in the Mississauga News (website) and thought I'd post it here in case SCers have any of the mentioned cards with features that might ding them financially.

http://www.mississauga.com/news-stor...to-avoid-them/

I know that some prepaid credit cards have fees (ever read the fine print on those Visa cards sold in pharmacies?)...but wow.


There was coverage about the Aimia survey on the benefits of customers sharing their data: a minority feels that the sharing has benefits for them. http://www.cbc.ca/news/business/aimi...gram-1.3218895

[PurpleBunny89]

I experienced the over limit fee quite a few times when I was a new credit card holder. I thought it was ridiculous and now whenever I get close to my limit which is impossible because I've got a huge increase since then it will just deny the charge.