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Vishnawath Featured in WalletHub Article on Credit Card Fees

Wednesday, June 20, 2018

‚ÄčK. R. Vishnawath, assistant professor of marketing in the Brennan School of Business, was featured in an article on credit card transaction fees in the online publication WalletHub. The article ranked WalletHub editors' recommendations for the best credit cards with no foreign transaction fees.

Vishnawath believes that consumers are generally unaware of the fees being charged through their credit cards and cautions people that foreign transaction fees and other charges can run up balances quickly.

"The simple fact is that, depending on the type of transaction, revolvers versus pure transactors (people who pay off their bills at the end of the cycle), credit card companies make a whole lot of money. That is why you find everyone is into the credit card business. They simply charge international fees to make more of it," VIshwanath said.

You can read the entire article here.