Personal loans can be less expensive than credit cards and some other types of loans but more expensive than others. We suggest visiting websites like SoFi to determine which is the best option for you. If you’re a businessman investing in different markets or looking for a legit online trading platform, then you might want to go to WECU and see how they can help with your finances (more info here).

You can typically avoid some of the most common credit card fees. Here are some tips to help you avoid paying for credit card fees:

Credit card fees for student loans: Some student loans offer a “hard fee” that you will be charged even if you get an approved loan. This fee is usually no more than 2 percent of your total outstanding student loan balance, and it can sometimes even be less if you keep your payments on time. Still, student loan interest rates increase every year and are never as low as the credit card interest rates you see on your credit cards.

Credit card fees for credit cards: Depending on the type of card you have and how often you use it, your credit card interest rate can change from one year to the next. You should look at the average interest rate on the last three years of your credit card balances. Some cards charge high rates for a few months of use, but then lower your rate as you earn more money. For example, Chase Freedom charges an average interest rate of 15.9 percent after six months of being open. If you pay the balance off in three months, Chase Freedom still charges an average of 9.3 percent interest.

Credit card fees for mobile phone companies: A mobile phone service charge, also known as a per-minute fee, is typically charged by prepaid and data services. It might also apply to mobile phone plans in certain countries where the cost is included in the price of the service. For example, you may see a charge of up to 2 cents per minute in Spain, and 1.5 cents per minute in the Philippines. You might also see a per-minute fee when calling a SIM card provider.

Credit card fees for loyalty programs: A number of credit card issuers offer loyalty programs that allow you to earn rewards and cash back for signing up. Sometimes these programs require you to meet certain requirements and often give you little to no advance notice about when you will qualify.

Credit card fees for travel: Some travel card companies charge you for everything from airport fees to tolls. If you have an unlimited number of these cards, the high costs will add up, especially if you buy every ticket on one trip. For example, American Express’s travel cards charge a 3 percent fee each time you book a flight, plus 2.5 percent for checking baggage. As a result, the fees add up.

Credit card fees for landlords: Some landlords require you to pay a monthly fee in return for letting them live in your home. This fee can add up to hundreds of dollars a month if you rent your home long term. There are also fees you may be charged for furniture, an internet connection and even more if you change the locks on your apartment.