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Old 11-29-2004, 03:15 AM
jhd815 jhd815 is offline
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Default Re: Credit Card Documentary

Here's a little interesting tidbit from www.cardweb.com:

Fee Revenues

Cardholder fees have more than doubled since 1996 following a Supreme Court decision that gave national bank credit card issuers federal preemption of state regulations. Last year, revenues generated from late payment fees, over-limit fees, annual fees, balance transfer fees, cash advance fees, and, other user fees, grew 8.6% to $21.5 billion.
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