The idea may seem obvious, but the economics ministry said that credit card users also should consider additional fees when picking a vendor.
For example, some 77 percent of the cards in use carry a cost for renewing, said the Ministerio de Economía, Industria y Comercio. The charge ranges from 400 colons to 107,622 colons, the ministry said. That is an amount less than a U.S. dollar to about $204.
There also are charges for withdrawing money from automatic tellers. Some card vendors allow a certain amount of free withdrawals a month. Others do not. And the rules change if the card is used at a machine operated by an entity other than the card issuer, the ministry noted.