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Junk fees

A cap on credit card fees would hurt department stores most

by Kristin Schwab
Apr 29, 2024
Charge cards have become an important piece of the bottom line for department stores, including Nordstrom, Macy’s and Kohl’s.
It's often easier to get approved for a store card than a bank-issued card, but interest rates are higher.
Michael M. Santiago/Getty Images
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Airbnb introduces fee for properties booked in a different currency

by Meghan McCarty Carino
Feb 13, 2024
The move is part of the company's push to expand internationally. Critics says add-on fees hurt their budget.
With a new fee for properties booked in a different currency, Airbnb charges up to 16.5% for “guest services.”
Yuriko Nakao/Getty Images
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The Biden administration wants to ban quit fees for cable customers

by Meghan McCarty Carino
Nov 22, 2023
The move is part of the White House effort to get rid of “junk fees” for consumers. Cable TV is already struggling with defections.
Now that consumers can be more selective about the content they have access to through streaming, many have canceled their cable TV bundles.
Emmanuel Dunand/AFP via Getty Images
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Renting a car comes with a truckload of hidden fees

by Kimberly Adams and Sofia Terenzio
Oct 20, 2023
"It would be much better for consumers to just know how much everything was going to cost us right off the bat," says Emily Stewart of Vox.
It can be hard to know how much a rental car will cost until you're paying the bill.
Scott Olson/Getty Images
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