Are we suckers for Credit Card fees?

Credit Card Fees - SDFinch

Many credit cards have fees. You will want to read your credit card agreement carefully to make sure you understand all the fees associated with your card. You can use the Federal Reserve's consumer credit card agreements search to find general examples of the type and range of fees a credit card may have. Here are some common fee terms to look for:

An application fee is charged when you apply for a credit card.
An annual fee, membership fee, or participation fee is a charge for having the card. Some companies charge the entire fee once a year. Others charge a portion of the fee each month.
A set-up fee is charged when you open a new credit card account.
A cash advance fee is charged when you use your credit card to get cash. It may be a flat fee (for example, $3) or it may be a percentage of the cash advance (for example, 3 percent of the total amount of cash you requested, including any ATM fees).
A balance-transfer fee is charged when you transfer a balance from one credit card to another. It may be a flat fee (for example, $3) or it may be a percentage of the transfer (for example, 3 percent of the amount transferred).
A late-payment fee is charged if your payment is received after the due date.
An over-the-limit fee is charged if you make a purchase that takes your balance over your credit limit. Under new Federal Reserve Board regulations, you must authorize your credit card company to allow you to go over your limit or the company cannot charge you this fee. If you don't authorize your credit card company to permit you to exceed your credit limit, your transaction will most likely be rejected. For more information on this change, read our guide to the new credit card regulations.
A credit-limit-increase fee is charged if you ask for and receive an increase in your credit limit.