CARD Act aftermath: Banks not raising fees after all

Before the CARD Act went into effect near the end of February, banks and other card issuers were making all sorts of dire predictions about what they'd be "forced" to do if regulations kept them from making outsized profits at the expense of ordinary Americans. Well, the results are in, and it turns out the sky didn't fall after all.

Bankrate recently looked at dozens of credit cards and crunched the numbers to see how many issuers were slapping on annual fees, inactivity fees and other annoyances that banks had warned everyone would become the norm if the CARD Act went into law. The full results of its study are online, but the short version is that things are pretty much unchanged when it comes to credit card fees.