If you feel like you’re getting slapped with extra card fees more and more – you’re not imagining it.
As businesses face rising costs, a growing number are charging their customers an extra fee when they pay by card to cover the cost of processing that transaction.
And while it may seem like an insignificant amount at the moment, studies show that Americans lost $1.57 billion in credit card fees in 2023.
But did you know there’s actually a way to avoid these pesky transaction fees altogether?
And that doesn’t just include paying for everything in cash (although that works too!)
How to avoid additional card fees
A recent TikTok video by Millie Muroi explains the surprisingly simple way you can avoid these fees.
“They’re usually just a few cents,” she begins, “but they can add up to hundreds of dollars over the course of the year. So we looked to see if there was a way to reduce these additional fees.”