In addition to the interest rates, credit card lenders charge other fees that you should try to avoid.
Annual Fee: Some lenders charge an annual fee just for issuing the credit card. The annual fee is typically shown on the first statement and charged again each year that you have the card.
Late Fee: If you miss making at least the minimum payment by the monthly due date, you will be charged a late fee.
Over-the-Limit Fee: Credit card lenders set a maximum amount you are allowed to charge on your credit cards. For new credit cards, you must authorize the lender to allow you to go over your limit or the lender is not allowed to charge this fee. Without your authorization to go over the limit, purchases attempting to exceed the limit will probably be denied. If you exceed the limit, you will receive over-the-limit fees each month your balance due remains over the limit.