Meaning Annual fee
What does Annual fee mean? Here you find 25 meanings of the word Annual fee. You can also add a definition of Annual fee yourself

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Annual fee


An annual (yearly) fee charged by a credit card company each year for use of a credit card. This is a separate fee from interest rate on purchases. While annual fees were once common, they largely disappeared in the '80s and '90s, remaining only on a few classes of cards, such as secured cards or those that offer airline frequent flier mi [..]
Source: creditcards.com (offline)

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Annual fee


A credit card issuer may charge you a fee each year for your account.
Source: lendingtree.com (offline)

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Annual fee


Credit card issuers often (but not always) require you to pay a special charge once a year for the use of their service, usually between $15 and $55.
Source: experian.com

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Annual fee


Definition A fee charged once per year by financial institutions on certain type of accounts, usually in order to offset operating expenses. Charges for maintaining investment accounts may include ann [..]
Source: investorwords.com

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Annual fee


The amount charged or fee for use of a credit card product for a calendar year.
Source: comparecards.com (offline)

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Annual fee


A fee that is applied each year for the use of a credit card. It’s billed directly to your statement. Generally, an annual fee is paid in exchange for additional rewards or benefits. Note that many credit cards do not charge an annual fee.
Source: fcac-acfc.gc.ca (offline)

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Annual fee


The yearly charge for having a credit card or credit account.
Source: econedlink.org (offline)

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Annual fee


The amount some companies charge once per year for using their card. Not all cards have this charge.
Source: mbna.co.uk

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Annual fee


A yearly charge or membership fee from a credit card company for using their card; payable whether the card is actually used or not.
Source: moneymart.com

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Annual fee


Charged once a year to cover administrative costs and ensure credit benefits on credit cards.
Source: debt.org

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Annual fee


a yearly charge or membership fee that credit card companies levy for the right to use or carry their credit card. This amount is payable whether the card is actually used or not
Source: moneymart.ca

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Annual fee


The fee a credit card company charges a credit card holder to use the card for a year. Or, the fee a lender charges a borrower for the use of a line of credit for a year.
Source: handsonbanking.org

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Annual fee


This refers to any annual membership fee a credit company charges to its cardholders, regardless of whether or not the holder uses the card. This amount often ranges from $25-$100 per year.
Source: bizlender.com (offline)

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Annual fee


The annual membership fee, if any, to have a credit card
Source: lifesmarts.org

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Annual fee


A charge made once a year for a financial service such as a Credit card or charge card
Source: moneymakesense.co.uk (offline)

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Annual fee


The yearly fee charged by certain credit cards for the use of the product....more
Source: compareandsave.com (offline)

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Annual fee


An amount charged for something once a year. For instance, many credit cards have an annual fee that you must pay once a year to keep a card active.
Source: hsbc.ca (offline)

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Annual fee


Any fee for a product or service that is paid once a year.
Source: i-bankonline.com

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Annual fee


An annual amount charged by the credit card companies to main tain the credit card.
Source: bankingglossary.bankingonly.com (offline)

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Annual fee


A flat, yearly charge similar to a membership fee that allows you to keep your credit card active.
Source: financialgenius.usbank.com (offline)

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Annual fee


A flat fee payable annually once the credit card is accepted. The fee is payable even though the card is not used. Fees are imposed on principal and supplementary cardholders, unless waived.
Source: bankinginfo.com.my (offline)

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Annual fee


A yearly fee charged to a customer to participate in an open-ended credit program.
Source: practicalmoneyskills.com

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Annual fee


Any fee that is charged on an annual (yearly) basis. Common example is the annual administration fee to the borrowed amount of your mortgage. This will vary depending on the loan or the Bank.
Source: momuwa.com.au (offline)

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Annual fee


The once-a-year fee that rewards cards almost always have. Some cards waive this fee for the first year, others do not. The amount varies greatly depending on the card, but can be as low as $60 or as high as $450.
Source: thinkingbigwithmiles.com (offline)

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Annual fee


A charge by some credit card companies for use of the card and services. Related Topics Credit Cards
Source: learnmoney.org (offline)





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