Months after the government passed credit card reform legislation, banks are coming up with new fees to charge cardholders, including penalties for inactivity or not charging enough money on your card.

After thousands protested, Chase and Bank of America are revising the fees they charge for debit card use. Before the changes, both banks would allow their customers to spend money they did not have while imposing steep fees.

You may want to check the interest rate or the terms of your credit card before using it again. Last week, banks made changes to credit card accounts before a new law went into effect – one that requires banks to notify customers of changes 45 days before they are implemented.

The U.S. says it has busted 28-year-old Albert Gonzales of Miami along with two Russian men in the "largest hacking and identity theft case ever prosecuted by the U.S. Department of Justice." Gonzales is believed to have accessed over 130 million credit and debit cards.

Rising unemployment has led to highest number of credit card delinquencies of all time, according to the American Bankers Association.

President Obama will soon sign a credit card reform bill after the House overwhelmingly passed the legislation in a 361-64 vote. The bill protects consumers from hidden fees and other charges, including fees for paying by phone or going over one's credit limit.

During a visit to New Mexico, President Obama pushed Congress to present a bill that would curb "abusive credit card practices" by Memorial Day: "You should not have to worry that when you sign up for a credit card you're signing away all your rights."

President Obama has pledged his support for a bill that prevents credit card companies from increasing the fees and interest rates billed to its customers. He has also urged lenders to do away with confusing conditions and credit card statements.