It's unfortunate you were hit with a $90 bill. You're right, this was most likely an initial service fee of some kind ...

With over four decades of experience as a portfolio manager and educator, Adam B. Frankel simplifies credit card strategies and complex personal finance topics for anyone seeking to gain a better ...

Credit cards offer a variety of rewards, perks and features to customers, but banks often charge annual fees to help cover the costs of these benefits. While paying an annual fee can be worthwhile ...

Q. Will credit card companies close my cards if I don’t use them after a certain period of time? If they do close them, will it reflect badly on my credit report? I’ve worked hard to get my rating ...

By Kimberly Palmer, NerdWallet A Redditor recently asked how to recover after their parents did a number on their credit ...

“I’m wondering whether this could cause a ripple effect in which other banks might do the same with my lesser-used credit ...

Q. I put my son on my credit card to help his credit but I didn’t give him a card to use. Does his bad credit affect my credit score because he’s on that account? It seems like my score keeps going ...

While a minor cannot legally get their own credit card until they hit 18 and show proof of a steady source of income, adding your child to your card as an authorized user can help them start building ...

It was a move that had felt contrary to all that I had learned. At 18 years old, I got my first credit card, and regardless of my cautious approach to finances (thanks to a vital lesson I learned from ...