Credit Cards and You: Service Fees on Credit Card Transactions

This publication provides information about credit card service fees and explains how these fees work. You can compare fees for different cards using the table at the end of this publication to find the credit card that best suits your needs.

Table of Contents

Introduction

Annual Fees

Annual fee for additional cards

Cash-advance fees

• Balance transfers
  
  
• Using a credit card for bill payments
  
  
• Convenience cheques
  

Over-the-limit fees

Fees for dishonoured cheques and payments

Fees for converting foreign transactions into Canadian currency

Inactive credit balance fees

Fees for purchases of wire transfers, money orders, bets, lottery tickets and casino gaming chips

Fees for reprinting statements

Fees for getting copies of transaction records or sales slips

Interest on credit card fees

Finding the right credit card

Credit card service fees comparison table

Interactive tools related to Credit Cards:

• Credit Cards and You
  
  
• Credit Card Quiz