In 20 years of credit card use, I'd never paid an annual fee. It was a hard and fast rule, like paying my bills on time and never carrying a balance. But a month ago, I got an offer I couldn't refuse: 6% cash back on groceries, and 3% on gas. The catch: This upgrade would carry a $75 annual fee.
Americans are generally a cheerful, friendly lot, but one thing that most us of now share is a loathing of credit card companies. DailyFinance contributor Alex Salkever's most recent absurd tale of plastic woe has convinced him that's unlikely to change anytime soon.