Can I Deduct Credit Card Fees and Interest?

Lisa Marie Brugman, EA

Published on: 07/07/2026

Are credit card interest and fees tax deductible? Business-related interest, annual fees, and finance charges may qualify, while personal expenses generally don't. Learn the rules to maximize deductions and avoid costly tax mistakes.

ExpensesDeductions

Deduct Credit Card Fees

Lisa Marie Brugman, EA

Published on: 24/02/2026

Are credit card fees tax-deductible? It depends on how the card is used. Personal credit card fees aren’t deductible, but business-related fees may qualify—if they’re tied to ordinary and necessary business expenses. This guide breaks down what counts, what doesn’t, and how to protect your deductions.

TaxesDeductions