Released: October 20, 2009

Latest fee for paying off credit card

Source: Sandra Block, USA Today

You floss regularly, yield to oncoming traffic and use your credit cards judiciously, dutifully paying off your balance every month. You may believe that your exemplary behavior shields you from unexpected credit card fees. Sadly, that is no longer the case.

Starting next year, Bank of America will charge a small number of customers an annual fee, ranging from $29 to $99. The bank has characterized the fee as experimental. But card holders who have never carried a balance or paid late fees could be among those affected.

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