Credit card charges

Whether it’s the annual fee, currency conversion costs or balance transfer fee, find out everything you need to know to avoid credit card charges in the UK and overseas.

Credit cards have a wide range of features and benefits, but also come with many different fees and charges. These costs quickly add up and can lead to serious credit card debt when they’re left unchecked.

The good news is that you can avoid most credit card fees if you’re aware of them. Here, we outline the most common credit card fees, how much they’re worth and what you can do to stop or minimise their impact on your card.

Different types of fees explained

Card surcharge ban

Surcharges on paying by credit or debit card were banned in the UK and EU on 13 January 2018. This means you cannot be charged more by a business for choosing to pay via card, PayPal or mobile payment methods, rather than paying in cash or another method. All transactions should be treated equally.

Prior to the law change, retailers (particularly online companies) regularly imposed a surcharge to the customer, charging them a set fee or percentage for processing their transaction via debit or credit card. These were often called a “processing fee” or “payment fee” by the retailer. For example, buying a long-haul flight for £800 could include a £24 credit card processing fee at 3%.

Some retailers have got around the ban by imposing a “service” or “admin” fee. As long as this applies to all transactions, regardless of payment method, it is allowed. However, you may find you are charged a surcharge when using your debit or credit card outside the EU.

The ruling applies to personal credit cards, and not to corporate cards.

Interest rate

Credit cards charge interest when you carry a balance. The amount you pay is based on a percentage of your balance. This percentage is represented by an annual rate, such as 19.99% p.a., but is calculated daily and charged monthly. Depending on your card, you could have any or all of the following interest rates applied to your balance:

  • Purchase rate. This is the interest rate charged for new purchases made on the card and can be anywhere from 5.9% to 49.9%.
  • Cash advance rate. This is the interest rate applied for cash advance transactions, such as cash machine withdrawals. It is usually between 23.9% and 44.95% and generally starts accruing immediately (unlike the interest-free days on purchases each statement period).
  • Balance transfer rate. This is the interest rate applied to any balance you have moved from an old card to the current card. If you get a balance transfer credit card, you will usually pay a low or 0% promotional rate for the introductory period. Standard balance transfer rates (after the intro period) are usually based on the card’s cash advance or purchase rate and can be as high as 69.95%.
  • Promotional interest rate. A 0% interest rate is usually offered to new cardholders for a set period of time, usually between 12 and 28 months, but sometimes longer. If you’re looking at getting a card with a promotional interest rate for purchases and/or balance transfers, make sure you also check the standard interest rate that’s applied after it ends.

How to avoid it

If you pay your balance in full by the due date on your statement, you won’t be charged interest. But if you do carry a balance, aim to pay more than the minimum each month or choose a card that has a low ongoing interest rate, or a 0% promotional interest rate. These strategies will help you keep costs down, at least in the short term.

Example: Jake's interest savings

Jake had a credit card with a £5,000 balance and an interest rate of 19.99%. By only making minimum payments on this card, he would be charged around £955 in interest for the year.

Jake decided to switch to a card that offers a low ongoing interest rate of 12.99%, meaning he could save around £354 in interest over the course of the year. He could save even more money by making larger repayments. Jake would also be able to avoid interest charges completely if he transferred the debt to a 0% balance transfer card and paid it off before the end of the introductory period.

* This is a fictional, but realistic, example.

Compare 0% purchase credit cards

The cards below are sorted by their representative APRs, and the length of their 0% on purchases offer period, but if you’re interested in comparing the cards by a different feature, you can re-order the table.

1 - 5 of 30
Name Product Finder Score Purchases Balance transfers Annual/monthly fees Representative APR Incentive Link
M&S Bank Credit Card Purchase Plus Offer Mastercard
4.1
★★★★★
0% for 20 months reverting to 24.9%
0% for 12 months
(0% fee)
£0
24.9% APR (variable)
1 point per £1 spent with M&S and 1 point per £5 spent elsewhere. Enjoy 55 days interest free, preferential rates plus no cash advance fee when buying M&S travel money with the card.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Check eligibility
HSBC Purchase Plus Credit Card
3.8
★★★★★
0% for 18 months reverting to 24.9%
0% for 16 months
(3.49%, min £5 fee)
£0
24.9% APR (variable)
Discounts and exclusive offers for dining experiences, leisure activities and shopping available through HSBC Home and Away.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable). You might get different interest rates and promotional periods to those shown here, because these depend on your circumstances.
Check eligibility
Santander All in One Credit Card
4.5
★★★★★
0% for 15 months reverting to 23.9%
0% for 15 months
(0% fee)
£3 per month
29.8% APR (variable)
0.5% after £1 of monthly spend. Maximum of £10 cashback paid per month. Cashback paid monthly into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Check eligibility
Tesco Bank Clubcard Plus Credit Card Mastercard
4.6
★★★★★
0% for 24 months reverting to 19.94%
21.81%
(3.99% fee)
£7.99 per month
37.7% APR (variable)
5 points per £4 spent (£4 minimum) in Tesco and 1 point per £8 spent (£8 minimum) outside Tesco. Must have available credit to earn points. Points are converted to Tesco vouchers or can be exchanged for Partner rewards to receive money off a variety of restaurants, entertainment or Avios points.
Representative example: When you spend £1,200 at a purchase rate of 19.94% (variable) p.a. with a fee of £7.99 per month, your representative rate is 37.7% APR (variable).
MBNA 0% Transfer and Purchase Credit Card
4.0
★★★★★
0% for 21 months reverting to 24.94%
0% for 21 months
(3.49% fee)
£0
24.9% APR (variable)
Earn up to 15% cashback on purchases through Smart Rewards at popular retailers.
Representative example: When you spend £1,200 at a purchase rate of 24.94% (variable) p.a., your representative rate is 24.9% APR (variable).
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Balance transfer fees

Some balance transfer credit cards charge a fee for moving your existing debt from a current card to the new account, usually between 1% and 3% of the total debt you move. Balance transfer fees get charged as soon as you transfer a balance and get added to the principal amount of the debt you transferred, not accruing interest until the 0% introductory period expires.

How to avoid it

Compare balance transfer credit cards and look for options that don’t charge a balance transfer fee. Often, these cards that don’t charge a fee offer a shorter interest-free introductory period than the ones that do charge. Remember, the fee should be listed in the “Fees” section for any card you consider. You can also find out the fee by looking at a credit card’s summary box or fees breakdown.

Example: Move your debt and save like Maryam

Maryam has seen a balance transfer credit card that offers 0% interest for 20 months and charges a 2.5% balance transfer fee. She has a £6,000 debt she wants to move, but would have to have a £150 transfer fee added to her balance if she got this new credit card. Instead of applying, Maryam compares a range of balance transfer options and finds a different card that doesn't charge a balance transfer fee. This means she can transfer her debt, save money in the process and pay off her balance faster.

* This is a fictional, but realistic, example.

Compare balance transfer credit cards

Table: sorted by representative APR, promoted deals first
1 - 5 of 50
Name Product Finder Score Finder score Balance transfers Balance transfer fee Purchases Annual/monthly fees Representative APR Incentive Link
Santander Everyday Long Term Balance Transfer Credit Card
4.3
★★★★★
★★★★★
Expert analysis
0% for 26 months reverting to 23.9%
3% (min. £5)
0% for 3 months reverting to 23.9%
£0
23.9% APR (variable)
Sign up for Santander Boosts to receive cashback, vouchers, offers and prize draws from selected retailers.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a., your representative rate is 23.9% APR (variable).
Check eligibility
Santander Everyday No Balance Transfer Fee Credit Card
3.5
★★★★★
★★★★★
Expert analysis
0% for 12 months reverting to 23.9%
0% for 12 months reverting to 3% (min. £5)
0% for 3 months reverting to 23.9%
£0
23.9% APR (variable)
Sign up for Santander Boosts to receive cashback, vouchers, offers and prize draws from selected retailers.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a., your representative rate is 23.9% APR (variable).
Check eligibility
HSBC Purchase Plus Credit Card
3.8
★★★★★
★★★★★
Expert analysis
0% for 16 months reverting to 24.9%
3.49%, min £5
0% for 18 months reverting to 24.9%
£0
24.9% APR (variable)
Discounts and exclusive offers for dining experiences, leisure activities and shopping available through HSBC Home and Away.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable). You might get different interest rates and promotional periods to those shown here, because these depend on your circumstances.
Check eligibility
HSBC Balance Transfer Credit Card
4.0
★★★★★
★★★★★
Expert analysis
0% for 27 months reverting to 24.9%
3.49% fee, min £5
0% for 3 months reverting to 24.9%
£0
24.9% APR (variable)
Discounts and exclusive offers for dining experiences, leisure activities and shopping available through HSBC Home and Away.
When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable). You might get different interest rates and promotional periods to those shown here, because these depend on your circumstances.
Check eligibility
M&S Bank Credit Card Purchase Plus Offer Mastercard
4.1
★★★★★
★★★★★
Expert analysis
0% for 12 months reverting to 24.9%
0%
0% for 20 months reverting to 24.9%
£0
24.9% APR (variable)
1 point per £1 spent with M&S and 1 point per £5 spent elsewhere. Enjoy 55 days interest free, preferential rates plus no cash advance fee when buying M&S travel money with the card.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Check eligibility
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Annual fees

Some credit cards charge an annual fee (or occasionally a monthly fee), which can cost as little as £3 or as much as £450. The more features and benefits a credit card has – such as a rewards program, complimentary travel insurance or airport lounge access – the more likely it is to have a high annual fee.

Annual fees usually start when you first activate a card, and can be charged monthly or annually every year you have the card. Some cards also waive this fee in the first year as an introductory bonus, so be sure to check the ongoing rates and fees before you apply.

How to avoid it

If you take advantage of credit card perks, you could find that the value they offer outweighs the cost of the annual fee. Otherwise, you should consider a card that offers a lower fee or one that charges no annual fee for life.

Example: How Alexandra avoided annual fees

Alexandra was paying an annual fee of £199 for her platinum rewards credit card. While she earned 1 point per £1 spent on the card, she only spent about £12,000 per year on her card. This was just enough points to get a £100 gift card, which meant Alex was paying £99 more for the card than what she got from the benefits.

After realising this, Alexandra switched to a no annual fee rewards credit card, which meant she can save between £99 and £199 on the card and still get rewards.

* This is a fictional, but realistic, example.

Compare no annual fee credit cards

Table: sorted by representative APR, promoted deals first
1 - 5 of 48
Name Product Finder Score Finder score Balance transfers Balance transfer fee Purchases Annual/monthly fees Representative APR Incentive Link
HSBC Balance Transfer Credit Card
4.0
★★★★★
★★★★★
Expert analysis
0% for 27 months reverting to 24.9%
3.49% fee, min £5
0% for 3 months reverting to 24.9%
£0
24.9% APR (variable)
Discounts and exclusive offers for dining experiences, leisure activities and shopping available through HSBC Home and Away.
When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable). You might get different interest rates and promotional periods to those shown here, because these depend on your circumstances.
Check eligibility
Santander Everyday Long Term Balance Transfer Credit Card
4.3
★★★★★
★★★★★
Expert analysis
0% for 26 months reverting to 23.9%
3% (min. £5)
0% for 3 months reverting to 23.9%
£0
23.9% APR (variable)
Sign up for Santander Boosts to receive cashback, vouchers, offers and prize draws from selected retailers.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a., your representative rate is 23.9% APR (variable).
Check eligibility
M&S Bank Credit Card Transfer Plus Offer Mastercard
3.9
★★★★★
★★★★★
Expert analysis
0% for 26 months reverting to 24.9%
3.49%, min £5
0% for 3 months reverting to 24.9%
£0
24.9% APR (variable)
1 point per £1 spent with M&S and 1 point per £5 spent elsewhere. Enjoy 55 days interest free, preferential rates plus no cash advance fee when buying M&S travel money with the card.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Check eligibility
HSBC Purchase Plus Credit Card
3.8
★★★★★
★★★★★
Expert analysis
0% for 16 months reverting to 24.9%
3.49%, min £5
0% for 18 months reverting to 24.9%
£0
24.9% APR (variable)
Discounts and exclusive offers for dining experiences, leisure activities and shopping available through HSBC Home and Away.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable). You might get different interest rates and promotional periods to those shown here, because these depend on your circumstances.
Check eligibility
Santander Everyday No Balance Transfer Fee Credit Card
3.5
★★★★★
★★★★★
Expert analysis
0% for 12 months reverting to 23.9%
0% for 12 months reverting to 3% (min. £5)
0% for 3 months reverting to 23.9%
£0
23.9% APR (variable)
Sign up for Santander Boosts to receive cashback, vouchers, offers and prize draws from selected retailers.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a., your representative rate is 23.9% APR (variable).
Check eligibility
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1 - 5 of 186
Name Product Finder Score Purchases Balance transfers Annual/monthly fees Representative APR Incentive Link
M&S Bank Credit Card Shopping Plus Offer Mastercard
4.1
★★★★★
0% for 18 months reverting to 23.9%
0% for 15 months
(3.49% fee)
£0
23.9% APR (variable)
1 point per £1 spent with M&S and 1 point per £5 spent elsewhere. Enjoy 55 days interest free, preferential rates plus no cash advance fee when buying M&S travel money with the card.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a., your representative rate is 23.9% APR (variable).
first direct Credit Card
3.8
★★★★★
24.9%
0% for 20 months
(2.99% fee)
£0
24.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Vanquis Bank Credit Builder Credit Card Visa
3.6
★★★★★
34.5%
N/A
£0
34.5% APR (variable)
Representative example: When you spend £1,000 at a purchase rate of 34.5% (variable) p.a., your representative rate is 34.5% APR (variable).
The Elfin Card
Not yet rated
14.8%
N/A
£0
14.8% APR (variable)
If you withdraw £1,200 from your credit line and make no early repayments, you will pay £173.52 in interest over two years at a representative APR of 14.8%. Total amount repayable: £1,373.52.
Barclaycard Select Charge Card
3.9
★★★★★
N/A (this product is a charge card).
N/A
£42 per annum
3.6% APR (variable)
Control spend and manage business expenses. Access to business rewards with discounts and offers from leading retailers and suppliers. T&Cs apply.

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1 - 5 of 28
Name Product Finder Score Annual/monthly fees Initial credit limits Minimum income Representative APR Incentive Link
Barclaycard Forward Credit Card
3.8
★★★★★
£0
Min. limit £50, max. limit £1,200.
£3000
33.9%
Rate discounts: 3% interest rate reduction if you make all your repayments on time for the first year, and a further drop of up to 2% more if you continue to do so in the second year.
Representative example: When you spend £1,200 at a purchase rate of 33.9% (variable) p.a., your representative rate is 33.9% APR (variable).
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Zable credit card
3.4
★★★★★
£0
Min. limit £200, max. limit £1,500.
£9,600
48.9%
Representative example: Representative 48.9% APR (variable). Based on assumed borrowing of £1200. Rate of interest 48.9% (variable) annual.
Check eligibility
118 118 Money Guaranteed Rate Card
3.6
★★★★★
£0
Min. limit £500, max. limit not specified.
£8400
49%
Representative example: When you spend £1,200 at a purchase rate of 49% (variable) p.a., your representative rate is 49% APR (variable).
Check eligibility
Additional account needed
AIB Student Credit Card
4.0
★★★★★
£0
Min. limit £300, max. limit not specified.
Not specified
12.9%
Representative example: When you spend £1,200 at a purchase rate of 12.2% (variable) p.a., your representative rate is 12.9% APR (variable).
Additional account needed
HSBC Student Credit Card Visa
3.5
★★★★★
£0
Min. limit £250, max. limit £500.
Not specified
18.9%
Available alongside an HSBC Student Account (receive £100 and a 1-year subscription to Headspace when you open a new student account).
Representative example: When you spend £500 at a purchase rate of 18.9% (variable) p.a., your representative rate is 18.9% APR (variable).
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Foreign transaction fees

Most credit and debit cards apply a foreign transaction fee when you use your card overseas or when you shop online with an international merchant. This charge – also known as an “international transaction fee” or “currency conversion fee” – is usually between 1% and 3.5% of the total transaction.

How to avoid it

Look for a credit card that doesn’t apply a foreign transaction fee. You could also consider a prepaid travel card that lets you load and use funds in several currencies, cash, traveller’s cheques or a combination of travel money options that can help reduce the fees you pay when you’re overseas or shopping online.

Example: How Kai plans to save on transaction fees on holiday

Kai has just got back from a trip to Brazil, where he spent £2,000 on his credit card. He checks his statement and sees that a 3% foreign transaction fee was applied each time he used the card, adding £60 to his total bill. While Kai has to pay the fees this time, he decides to shop around for a card with no foreign transaction fee so that he saves money on all his future trips.

* This is a fictional, but realistic, example.

Compare no foreign transaction fee credit cards

Table: sorted by representative APR, promoted deals first
1 - 5 of 24
Name Product Finder Score Purchases Balance transfers Annual/monthly fees Representative APR Incentive Link
Santander All in One Credit Card
4.5
★★★★★
0% for 15 months reverting to 23.9%
0% for 15 months
(0% fee)
£3 per month
29.8% APR (variable)
0.5% after £1 of monthly spend. Maximum of £10 cashback paid per month. Cashback paid monthly into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Check eligibility
Yonder Credit Card
4.5
★★★★★
29.94%
N/A
1 month for £0, £15 per month thereafter
66.7% APR (variable)
First month free for new members, £15 p/m thereafter. Plus, 10,000 bonus points. Earn 5 points per £1 spent and up to 25 points per £1 at selected partners. Membership includes worldwide travel insurance, no FX fees and use your points towards any flight.
Representative example: When you spend £1,200 at a purchase rate of 29.94% (variable) p.a. with a fee of £15 per month, your representative rate is 66.7% APR (variable).
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Santander Edge Credit Card Mastercard
4.5
★★★★★
23.9%
23.9%
(3% fee)
£3 per month
29.8% APR (variable)
Limited time offer: Existing Santander Edge current account customers can also receive £18 for opening a Santander Edge credit card between 21 May and 2 July 2024. T&Cs apply.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
The Royal Bank Credit Card
4.7
★★★★★
12.9%
12.9%
(0% fee)
£0
12.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
NatWest Credit Card
4.7
★★★★★
12.9%
12.9%
(0% fee)
£0
12.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
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Cash advance fees

This fee is charged for “cash advance” transactions, including when you withdraw money from a cash machine or buy foreign currency. In these instances, you’ll be charged between 2% and 3.5% of the total transaction. Many cards also have a minimum cash advance fee of between £3 and £5. But this isn’t the only cost of using your credit card for cash transactions: you’ll also be charged the cash advance rate of interest from the day the transaction is made.

How to avoid it

Don’t use your credit card to get cash out. Avoid using it to buy foreign currency or for transactions in a casino. Also check with your credit card provider about other transactions where this fee applies and steer clear of them. If you need to get cash at any time, use a debit card so you will have cash if you need it in an emergency.

What is defined as a cash advance?

Example: Melanie's cash advance mistake

Melanie has run out of cash at a music festival. She isn't sure of the balance of her bank account, so she withdraws £150 using her credit card. When she gets her next statement, Melanie sees she has been charged a 3% fee worth £4.50. The cash advance interest rate of 34.94% has also been charged for 36 days, totalling £5.17, which means Melanie has paid £9.67 for using her credit card. In the future, she decides to keep more cash on hand and make sure she has some available on her debit card to avoid these fees.

* This is a fictional, but realistic, example.

Late payment fees

If you don’t make at least your minimum payment on your credit card by the due date on your statement, you could be charged a late payment fee of up to £12. Some providers charge this straight away, while others may not apply a late fee unless they have to contact you to make a payment. Note that even if a late fee is not charged, other penalties could apply and it may affect your credit history. If you have a 0% interest introductory or promotional offer, you could lose it if you make a late payment and start being charged the standard interest rate.

In 2006, the Office of Fair Trading (OFT, which has since been replaced by the Competition and Markets Authority) decided high penalty fees were unfair so if you’ve been charged a late payment fee of over £12, you can claim it back.

How to avoid it

Always make payments before the due date on your statement, and make sure you factor in processing times for the payment method you choose. You may even want to set up a direct debit from your bank account so that you always meet this deadline. It’s also a good idea to check your credit card terms and conditions around late payments so that you know exactly how much you will pay and what else could apply.

Over limit fees

You could be charged an “over limit fee” or “exceeding limit fee” if you max out your credit card limit in a statement period. Not all credit card companies apply this charge, but it can be no more than £12 under rules imposed by the OFT.

How to avoid it

Regularly check your credit card balance so that you know what your “available credit limit” is when using the card. If you regularly get close to going over the limit, you may also want to consider requesting a credit limit increase.

Other credit card fees

These credit card fees are less common, but it’s still good to know when they may apply and how you can avoid them.

  • Returned payment fee. If your credit card bill payment method is returned, for example a failed direct debit, cheque or other payment due to lack of funds, you are usually charged £12.
  • Card replacement fee. Most credit card companies don’t charge a fee if you need a replacement card. But for fast-tracking or overseas replacements, you could pay a lot for the service. Check with your credit card company to find out about these costs, and have a back-up payment option so that you don’t need to speed up the process of getting a new card if yours is lost, stolen or damaged.
  • Additional cardholder fee. Some credit cards charge a fee when you request an additional cardholder for your account. If you know you want to share your account with a partner or family member, make sure you check for this fee, as there are many cards that don’t charge it.
  • Independent cash machine fee. If you use your credit card to withdraw cash at an independent ATM (that doesn’t belong to a bank or is outside your credit card provider’s network), you could be charged a fee of a fixed amount or percentage of your withdrawal amount. You are usually warned about these fees up-front so it may be worth travelling a bit further to find a cash machine with no fees.
  • Paper statement fee. Some credit card companies will charge you a fee if you request paper statements for your account. However, you can avoid it by opting for paperless statements delivered to your email or via Internet banking. You could also be charged for requesting copies of old statements or a copy of a transaction.
  • Dormancy fee. Although this type of fee is relatively rare, a few providers charge an inactivity fee if you go for a long period without using your credit card. If you’re not using the card and they do charge a dormancy fee, consider closing it altogether.
  • Trace fee. If you move house and forget to tell your credit card provider, they may have to trace you. Not many providers charge this, but those that do can charge £25.

While credit cards come with many different benefits, they often have just as many fees. But now that you know more about these charges, you can make informed decisions about how and when you pay with plastic to avoid them and keep your card working for you.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

Written by

Chris Lilly

Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full profile

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