In the wake of falling fees, it's time to reassess your credit cards.
The average card carries half a dozen fees — same as last year, according to a new report from CreditCards.com analyzing 100 major cards. But some charges are becoming less common and others are easier to avoid.
"A trend toward fewer credit-card fees is obviously a good thing for consumers, but it also shows how crazy competitive the credit-card marketplace is," said Matt Schulz, senior analyst for CreditCards.com.
Among other changes, 16 cards have dropped foreign transaction fees and 19 have eliminated charges for paper copies of past statements. Four fewer cards in the study now charge for returned payments, and three eliminated balance transfer fees. Twenty-five now carry annual fees, down from 26 last year.