Minimize credit card fees
May 22, 2011, marked the two years since the Credit Card Accountability, Responsibility and Disclosure Act was implemented. Consumers no longer have to worry about "any time, any reason" interest-rate hikes and hair-trigger penalties on their credit cards. But there are still fees that are legal for issuers to charge, and many have been taking advantage of that to make up for the lost income caused by the legislation. Fortunately, there are steps cardholders can take to reduce or even eliminate many of these fees.
Here are five fees you can avoid with a little research and planning.