A lot of credit card companies are changing policies. In August, the Citigroup announced annual fees for its credit card holders. In October, Bank of America followed suit by announcing an annual fees too for its credit card holders. Now, industry psyche points to aping behavior by other credit card companies. It looks like it won’t be long before most credit card companies will charge an annual fee. Apart from that with the government being strict with credit card companies regarding their fee policies you can expect their nefarious money extracting tactics to reincarnate themselves in other forms to squeeze out bucks from you. So do you think this is the time for you to shift loyalty to the debit card system of plastic money?
The rate of purchase of credit cards has increased in the [...]


