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What is the annual fee for a discover card?
There's no Annual Fees
What is an over limit fee?
In banking an over limit fee is an additional charge imposed by the bank due to your the funds in your account. It is a penalty charge for going over your account limit.
Can you be charged an over limit fee because of a finance charge?
Yes. By definition whenever your balance goes over the limit, whether it's due to a purchase, late fee, or regular finance charge, the credit card company can charge you an overlimit fee. But you may call the company to try to get it waived.
How far over your limit will the credit card company let you go?
Because the credit card industry is a big business, most of their money is made off of credit card fees. Any given credit card will allow a customer to go over the limit just to ensure that a 'over the limit' fee is charged. This 'over the limit' can lead to a higher annual percentage rate and late fees. If you are any where near your limit, refrain from any new charges that could put you over the limit. Include any 'blocked' amounts in the balance.
What if you have a credit card can you go over the limit?
This depends on your credit card company. Some companies will simply refuse your charges if they will put you over the limit. Others will allow the charge and then fine you for going over the limit. Of course, no company allows chages for hundreds of dollars over the limit but if you have a good record some will allow you to go 5-50 dollars over the limit but it is important to remember that if you do you will pay a fee.
Can a credit card company charge over limit late fee's and interest rates on a cancelled card?
no
When would your credit card company charge you an over limit fee?
When you charge more than your current credit limit
Can you overdraw on a credit card?
Yes, but the card issuing bank would charge you over limit fee and other additional fees if you exceed your credit limit
What is most important factor if you expect to carry a balance on your credit card and pay it off on occasion?
annual fee APR late fee over-the-limit fee
Is it legal for a credit card company to lower your credit limit below your balance then charge you an over the limit fee?
no it isn,t you can ue for that offence if they did
Can they charge you an over the limit fee if your credit card is closed?
Yes, if the charge was made prior to closing your account.
What is the annual fee for a discover card?
There's no Annual Fees
What is a type of fee that a credit card company might charge?
credit limit fee
What is an over limit fee?
In banking an over limit fee is an additional charge imposed by the bank due to your the funds in your account. It is a penalty charge for going over your account limit.
Can you be charged an over limit fee because of a finance charge?
Yes. By definition whenever your balance goes over the limit, whether it's due to a purchase, late fee, or regular finance charge, the credit card company can charge you an overlimit fee. But you may call the company to try to get it waived.
How far over your limit will the credit card company let you go?
Because the credit card industry is a big business, most of their money is made off of credit card fees. Any given credit card will allow a customer to go over the limit just to ensure that a 'over the limit' fee is charged. This 'over the limit' can lead to a higher annual percentage rate and late fees. If you are any where near your limit, refrain from any new charges that could put you over the limit. Include any 'blocked' amounts in the balance.
What if you have a credit card can you go over the limit?
This depends on your credit card company. Some companies will simply refuse your charges if they will put you over the limit. Others will allow the charge and then fine you for going over the limit. Of course, no company allows chages for hundreds of dollars over the limit but if you have a good record some will allow you to go 5-50 dollars over the limit but it is important to remember that if you do you will pay a fee.
