Credit card fine print can cost you big dollars

Credit card terms and conditions can cost you cash. There is often plenty of fine print in credit card terms and conditions and marketing materials.

Take some time to read through the terms and conditions to avoid getting stung. Annoying extras can dramatically increase the cost of a credit card.

Stuart Symons from People's Choice Credit Union said credit card late fees, overdrawn fees and changes in interest rates are explained in the fine print. Credit card fees and charges are explained in a ‘key fact sheet’ you should get when you first apply for your card.

Source: The Daily Telegraph