As well as deferred establishment fees, consumer groups rail against early termination fees on home loans, a range of so-called exception fees on credit cards such as over-limit fees and excessive charges for ATM use and other transactions. According to the report, when lenders were faced with the prospect of having to include all fees and charges in a comparison rate, they responded by restructuring their products so that some fees, such as deferred establishment fees and discharge fees, fell outside the criteria for inclusion in the comparison rate. During that period the average over-limit fee has increased from $13 to $30, late payment fees have gone up from $21 to $31 and foreign currency conversion fees have gone from 1 per cent of the value of the transaction to 2. National Australia Bank has made changes to its Concession Card Account, removing all exception fees, transaction fees and monthly account fees. Read More