Live

Watch CBSN Live

3 Ways to Beat Rising Bank Fees

It's been a year since the second phase of the CARD Act of 2009 became law. To celebrate, the Federal Reserve clarified some of the initial rules in order to close loopholes the credit card companies have been able to exploit. Still, as Bryce Covert points out in New Deal2.0's new credit blog, "The Swipe," consumers must be alert, because "outrageous practices are far from being a distant memory."

As banks grapple with lost income from their credit card divisions, they are finding other ways to separate you from your money. Here's hot to beat back new bank fees:


More on MoneyWatch.com

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.