SAN FRANCISCO — Consumer Action, a watchdog group that monitors credit card companies, says fees and interest rates are rising steadily.

For the first time in the 20-plus years of its survey, all banks charged late fees. The review of 109 card products issued by 45 companies found that banks’ flat late fees averaged $26, against $25.50 in 1999, Consumer Action’s most recent survey. FleetBoston Financial Corp.’s card subsidiary charged the most, $35.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.