Credit Card Companies are dropping their fees. That’s according to a new study by credit Cards dot com. Matt Schulz says there’s a lot of competition for your money and the companies are using the lower and sometimes no fees to keep customers while gaining new ones.
“The average card has about 6 fees with it but we saw some cards that had as many as 12 fees and we even saw one that had zero.”
Schulz believes the trend will continue because it’s so competitive and people are willing to spend a little more.