[Cannon Shell]

Originally Posted by Riot

Your opinion.

If more card issuers will charge annual fees, up from the current 20 percent that do so today, they make their cards "variable rate" cards, subject to an index such as the prime rate, plus a few percentage points, and they will be cutting back on reward programs, or making it more difficult to earn or redeem points. And some have started charging a fee of as much as 5 percent for transferring a balance, how does that lead to responsible people paying less? Same logic of spending your way out of bankruptcy IMO.

from an earlier Dell post