According to a new study by the FINRA Investor Education Foundation, men and women aren’t equal when it comes to credit cards. It says that, on the average, women pay half a point higher on credit card interest rates than men do, even when income and level of education are factored in.

But financial woes among women don’t end there. The report also found that women were five percentage points more likely to carry a credit card balance, four points more likely to make only a minimum payment and six points more likely to be charged a late fee.

However, the reports goes on, women with a high level of financial literacy appear to fare much better, and in some cases rank equally with men.

“For women, having a high level of financial literacy appears to pay off,” said FINRA President Gerri Walsh. “Becoming more financially literate is a great step that any woman can take to keep more of her hard-earned money in her pocket.”

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