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Investments glossary

Over-Limit Fee

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Quotes of the day:

(W)e need to ensure our national drug policy reflects the increase of drugs crossing the U.S.-Mexico border, we also need to equip our drug and law enforcement officers with the resources they need to fight back against this epidemic.

— Shelley Moore Capito

An over-limit fee is a penalty charged by a credit card company if a credit card user exceeds the card’s credit limit. Over-limit fees are typically $25 for the first over-limit charge and $35 if you go over the limit a second time within the next six months, though credit card issuers are free to determine their own fees as long as they are reasonable in relation to the cardholder’s over-limit activity.



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