credit cards

Strategies to avoid credit card fees

Credit Cards » Strategies to avoid credit card fees

Go green to save green
Go green to save green © JJ Studio/

Go green to save green

Last year, a handful of retail credit cards began charging users $1 each statement period if they wanted to have a statement snail-mailed rather than emailed to them. They're following in the footsteps of retail banks, brokerage firms and even some utility companies, which have been trying to force customers to give up pricier paper statements for their electronic versions.

In general, there's nothing wrong with going green and opting for online-only statements. Make sure to save each month's statement on your computer so you have a digital "file cabinet" in case you ever need to consult an old bill.

One cautionary note: When you're first making the transition from paper to digital, you may miss the visual trigger you used to get from the bill, which could lead to a late or missed payment. Also, if the statement email the issuing bank sends you fails to reach you, it's still your responsibility to pay on time, says Linda Sherry, spokeswoman for advocacy group Consumer Action.


Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
Balance Transfer Cards 16.23%  0.01 16.24%
Cash Back Cards 16.49%  0.06 16.55%
Low Interest Cards 11.48%  0.11 11.59%
Credit cards on a table

Get advice for managing credit cards, building your credit history and improving your credit score. Delivered weekly.


Credit Card Blog

Sheyna Steiner

US dragged into modern payment era

Soon, consumers get a full-fledged payment revolution with EMV cards. Will fraud decrease?  ... Read more

Partner Center

Connect with us