A rule that capped credit card late fees to $8 has been struck down by courts. Consumers who are late by even one day on their credit card payments could be charged around $40. A few select credit ...

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. When applying for a new credit card, it's really important to take the annual fee into consideration.

Here's a practical framework for deciding if a credit card's annual fee pays off, plus a personal take on running the real math before applying.