Carried Balance Fees

Carried balance fees are charges that are assessed on unpaid balances that are carried over from one billing period to the next. Carried balance fees are often imposed by credit card companies, and they can be a significant cost for cardholders who carry a balance on their cards from month to month. Continue Reading Below

About Carried Balance Fees

Carried balance fees are charges that are assessed on unpaid balances that are carried over from one billing period to the next. Carried balance fees are often imposed by credit card companies, and they can be a significant cost for cardholders who carry a balance on their cards from month to month. Carried balance fees are typically a percentage of the unpaid balance, and they are added to the balance each month until the balance is paid in full.