Promise #1: “As low as 9.99% APR!”

Promise #2: “Up to 5% cash back!”

Promise #3: “0% APR on balance transfers for 12 months!”

Promise #4: Your card has a credit limit of $3000.

Promise #5: “Any time for any reason”

via getrichslowly

1. The old bait and switch

2. Musical address

3. Late fees in minutes

4. Over-the-limit fees

5. Cash advance fees and rates

6. Reverse the late payment, but up the rate

7. Increasing the rate based on other accounts

8. Fixed rates aren't fixed

9. Raising your rate for no reason

10. "Free gifts" that cost a bundle

11. Selling credit card theft insurance

12. Selling disability coverage

13. Setting low minimum payments

14. Cards that cost more in fees than they give in credit

15. Balance-transfer fees and disappearing low rates

16. Zero-percent offers -- with a big catch

17. Charges for charging abroad

18. Shrinking grace periods

19. Pre-paid gift credit cards worth less than you pay

20. Is anyone there?

via bankrate

1. Applying for a Mortgage? We'll Bump Up Your APR.

2. Beware Two-Cycle Billing

3. Prepare to Pay More

4. Overseas Rip-Offs

5. If You Don't Use Our Card, We'll Punish You

via smartmoney

1. Universal Default

2. Short Grace Period

3. Due Times

4. "Fixed" Interest Rates That Change

via about.com

Trick 1 – Pay Your Credit Card Bill Early

Trick 2 – Pay Your Credit Card Off In Full Every Month

Trick 3 – Use Cash Whenever Possible

via discoverdebtfreedom