What are credit card exception fees?



article header

Exception fees are the fees a financial provider charges customers with a credit card account when they:

  • Exceed their credit cards limit
  • Make a late payment on your credit card

The amount that credit card providers charge in exception fees will depend on the provider, the type of credit card and the circumstances of the instance. As each provider will charge different fees and amounts you should check with them before taking out a credit card.

To keep the fees on your credit card low, compare online to find a credit card that not only may offer lower interest fees and charges but may also offer a lower interest rate.

Ratecity.com.au can help you find some of the best low rate credit cards in the market, to get started check out our low rate credit card comparison tool.

 

Advertisement

^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.

Compare your product with the big 4 banks, or add more products to compare
As seen on