A new credit card fee

November 12, 2024

A new credit card fee: Several credit card companies, including Citibank and Synchrony Bank, are charging a $1.99 monthly fee for paper statements. Printing and mailing costs financial institutions $600 million, so they want us to pay for it. Call your card company and ask them to email you the “Schumer box.” It’s an easy-to-read table of all their fees.