US Bank Platinum credit card fee schedule
|2011 Credit Card Fee Survey|
A year after the Credit CARD Act's major provisions went into effect, predictions of an onslaught of fees haven't come true.
Despite industry analysts' predictions that the Credit CARD Act of 2009 would cause issuers to reinstate annual fees and introduce a host of new fees, that hasn't happened. The survey shows the vast majority of cards reviewed (95 percent) had no annual fee and there hasn't been an onslaught of new fees.
Here are the 2011 fees for the US Bank Platinum card.
|US Bank Platinum|
|Cash advance fee||4% or $10, whichever is greater|
|Balance transfer fee||4% or $5, whichever is greater|
|Foreign transaction fee||2% for a transaction in U.S. dollars, 3% for a transaction in a foreign currency|
|Returned payment fee||$35|
|Stop payment on a convenience check fee||$35|
|Statement copy fee||if copy is within 2 months, there is no fee, otherwise up to $5, depending on account|
|Card replacement fee||None|
- Late payments on cards worsen as balances rise, NY Fed says – Growing card balances are weighing heavier on consumers' budgets, New York Fed report shows, but problems remain low historically ...
- Fed: Card balances rose by $5.1 billion in December – Card balances rose to a new all-time high in December, according to the Federal Reserve ...
- San Antonio tops list of cities with heaviest card debt burden – San Antonio residents would take the longest time to pay off credit card debt relative to income compared to other major U.S. cities, a CreditCards.com analysis found. By contrast, San Francisco and Minneapolis residents would take the shortest ...