What Do You Value Your Credit Card At?

Posted By: Laura Reginelli

By CANDICE CHOI, AP Personal Finance Writer – Thu Oct 15, 2:59 pm ET

NEW YORK – How much would you pay to keep your credit card?

For Randy Dawson, a new $29 annual fee pushes the limit. But he'll likely pay it to keep the Bank of America card he's had for five years.

"I feel as though they're holding me hostage over my credit score," said Dawson, a 46-year-old resident of Johns Creek, Ga. who owns a marketing firm.

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