Some credit card companies are charging for paper statements

(Gray News) - If you get a paper statement for your credit cards, you might want to check if you are being charged for it.

Some credit card companies are now charging a fee to send paper statements in the mail, WPXI reports.

Karen Ruetschle told WPXI that she noticed she was getting charged $1.99 for the paper statement for her American Eagle credit card.

The fee for paper statements is written in Synchrony Bank’s fine print, which provides credit cards to retailers like American Eagle.

To switch from paper to electronic statements, credit card companies are required to get your consent.

There is no federal law banning paper statement fees, but states can pass their own laws banning it. So far, only New York and Pennsylvania have banned the fees.

You can contact your credit card company to see if you are being charged for paper statements, ask if they can waive the fee or switch to digital statements, which are free.

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