And many of the best fancy cards provide enough value in the various benefits they offer to outweigh the fee for many of those customers. This is often true not only in terms of luxury experiences like lounge access, but even in terms of cold hard financial value. Examples include a certain amount of annual statement credit against certain types of transactions, points that can be directly or indirectly redeemed for lots of types of purchases, and so on.

For example, Amex Platinum comes with $400 Dell credit each year, and several other similar perks.

I have great credit and my bank charges me $3 every month to pay my rent. (They will send a cheque in the mail for free, but it wasn't reliable for me so I stopped doing that.) Third world stuff.

Doesn't sound normal unless the fee is being charged by the landlord and not the bank. (Landlords seem to love payment fees.)

It's the bank. One of the biggest US retail banks. Maybe other big ones don't, maybe I should change banks.

Wat

Yes it's for people who have not demonstrated that they can use credit responsibly, not overdraft their accounts, etc.

Yeah, like single moms and people who experience unexpected deaths or job losses. How irresponsible! Maybe if they were rich app developers like Hacker News, they wouldn't have to be punished so much.

Respect to you man. Not a lot of people care or have a lot of compassion for people that deserve it