Credit card issuers continue to offer financial assistance programs during coronavirus—here's what you need to know

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Credit card issuers continue to offer financial assistance programs during coronavirus — Here's what you need to know.

To see what relief measures you qualify for, contact your card issuer as soon as possible by calling the number on the back of your card or by visiting their website. Most issuers have since set up dedicated webpages detailing coronavirus response efforts. Don't wait until you've missed a payment to take action.the major card issuers to get an update on their coronavirus financial hardship assistance programs, and we've outlined their responses below. Both Bank of America and U.S.

Capital One's assistance includes deferred payments and reduced or waived annual fees. The bank is also temporarily waiving ATM fees and doubling ATM withdrawal limits for all banking customers. Options are available to customers on a month-to-month basis. Visit

 

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You also need to understand credit card basics, if you don’t a few simple rules, the credit card companies will take advantage of you!

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