Credit card fees

An ASU management and entrepreneurship expert shares advice on avoiding credit card fees and interest charges.

In this story published June 9, 2025, on WalletHub:

Incorporate a disciplined approach to paying your full balance at the same time each month to avoid any finance charges or interest fees. This can also help increase your FICO scores. In addition, setting up a regularly scheduled payment, even if it is just the minimum payment amount, will also ensure that you don't pay any late fees. The other fee type that you should look to avoid is the annual fee to hold and utilize the credit card. When choosing a credit card, pick one with no annual fee. Most common credit cards offer perks such as cash back and a points system, and have no annual fees. These types of fees are unnecessary.

– Todd Altomare, instructor of management and entrepreneurship