Credit Cards FAQ

Frequently Asked Questions about Credit Cards

Do I have to pay an annual fee?

Some credit cards charge an annual fee, or membership fee, for the privilege of using or carrying the card. This fee applies regardless of whether or not you use the card at all. Fees range from around $25 a year to over $100. Rewards cards typically charge an annual fee. There are many credit cards available that do not charge an annual fee. If you have a high credit score, you are more likely to qualify for a credit card that does not charge an annual fee.

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