FREDERICK, Md. – Over limit fees are still rising among majorcard issuers, but at a significantly slower pace than previously,according to Cardweb.com, a Web site which tracks card industrytrends. Even though the average over limit fee crossed the $31milestone in 2005, the site reported that this increase was only2.9% over where it had been in 2004. By comparison, the averagewent up 3.8% in 2004 and over 32% in 1997. While over limit cardfees increased almost 100% between 1994 and 1999, the growth slowedmarkedly after 2000, shifting down to 17% growth between 2000 and2005, the trend tracker said. Credit unions, by and large, have notparticipated in the run up in similar fees.
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