According to a new survey, almost one third of Americans with annual incomes over $50K say that they have cut back on credit card usage compared to one year ago.

Few consumers are immune to the lure of credit cards. Wittingly or unwittingly, when using credit cards, we often let money slip through our hands in ways we never would if we were dealing with cash. Here are three common ways people waste money with credit cards.

The Federal Reserve last week released the long-awaited new credit card rules, which specify how the provisions of the Credit CARD Act passed by Congress in May of last year are to be implemented. In the new rules, which will take effect on February 22, the Fed takes aim at some of the new variable rate credit card tricks card issuers have introduced over the past year.

Several U.S. credit card issuers continue to struggle with rising credit card defaults. However, for some card issuers, losses are leveling out or even improving, potentially a sign that the consumer credit card crisis may be bottoming out.