Beginning July 22, JPMorgan Chase will no longer charge overdraft fees incurred by purchases that cost $5 or less, according to the bank's checking disclosure notice. The new policy will prevent customers from wracking up outsized fees for small purchases -- like a $34 overdraft fee for a $3 slice of pizza.
Now, more cardholders than ever can earn credit card points and miles at checkout. Costcoâs decision to accept only Visa credit cards was a cost-cutting strategy. But the move is also something of a throwback, reminding us of the â70s and â80s, when networks were the stars of the credit card world. You used to see advertisements from Visa and MasterCard on TV and in magazines.
I have read where there are charge cards and credit cards through American Express. I am under the impression that the Costco Rewards card is a credit card, but would like some more clarification before signing up for it. Are there going to be any extra fees or anything if it is not paid off in full every month...merican Express credit cards should be treated like charge cards, and be paid in full every month. There are dozens of reports of adverse action by AmEx in the forum below, and most of them involve carrying a balance.