According to an article in the Star-Telegram , many credit card changes will take effect next week. Credit card companies can no longer change interest rates and fees on a whim and they are required to notify credit card consumers at least 45 days in advance of changes. But many credit card companies are already taking measures to insure that the new rules don’t affect their profits.

Here are some things you need to be on the lookout for:

**Interest rate increases immediately to make up for any anticipated profit loss in the future.
**Increased fees on cash advances.
**New and creative fees you’ve never heard of before.

It is not guaranteed that the above will happen, but credit card consumers need to read their statements very carefully for changes. Also if you have a variable rate credit card, the credit card company is not required to give you 45 days notice if they want to increase your interest rate. However, you will have the opportunity to opt out of any changes in the terms of your credit card agreement. But remember, opting out of the new credit card terms may require that you pay off the balance immediately.