Credit card users paid $130 billion in fees, interest in 2022, federal watchdog says

return2ozma@lemmy.world to News@lemmy.world – 352 points –
Credit card users paid $130 billion in fees, interest in 2022, federal watchdog says
cnbc.com
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Why would you not want free drinks and sandwiches?

Because they aren't free if you only get them by paying 400 bucks to spend your money.

Because it's only "free" if you are going to use the services quite a bit already to make the math work out in your favor. If you don't travel twice a year or more there are better cards out there which offer better discounts.