Before that the industry reforms take a practical shape in February, the consumer Web site Bankrate. com has presented some guidelines for those people who wish to choose a credit card for them.
In order to release these guiding principles, a small review of the 20 platinum and rewards cards that are issued by 10 credit card companies have been conducted by the the Bankrate.com. The names of those ten companies are – American Express Co., Bank of America Corp., Capital One Financial Corp., JP Morgan Chase & Co., Citibank N. A., Discover Bank, First National Bank of Omaha, USAA Federal Savings Bank, U. S. Bank and Wells Fargo. 
The most basic terms and conditions of the issuers have been evaluated by the Bankrate.com. It has been founded by Bankrate.com that average late fee charged by the most of credit cards ranges from $20.70 to $38.50; an average fee of $32 is charged for exceeding limit; and an average balance transfer fee of 3 percent is being charged.
