What fee do you hate the most?

CNN Money is running a contest to find out what are the nation’s most hated fees charged by financial institutions, airlines, and other businesses. After receiving 2,000 responses they are ready to narrow it down and choose the biggest loser.

The final three are listed below.  Lucky for you, you shouldn’t recognize these fees, at least you won’t have experienced them at Coors Credit Union.

And those top nasty fees are:

  • Being charged for not charging: A few credit-card issuers are levying fees on customers for not spending enough. Citibank, for example, charges certain cardholders $60 if they don’t charge at least $2,400 within a year.  (For more about this fee, and how to fight it, click here.)
  • Parting with cash to close a HELOC: If you pay off a home-equity line of credit within three or four years of opening it, most lenders will charge you hundreds of dollars to shut it down. (For more about this fee, and how to fight it, click here.)
  • Paying to get credit rewards reinstated. Some reward-card issuers punish late payers by charging them at least $15 to retrieve the points they earned in cycles for which they didn’t get their money in on time. (For more about this fee, and how to fight it, click here.)

Vote for your least favorite fee here.

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