2 Quick Points to Further Understand Credit Card Annual Fees

Understand if you are willing to pay an annual fee or not

Tunji Onigbanjo
4 min readJan 24, 2021
Photo by Ned Dorman on Unsplash

A credit card annual fee is a fee you pay every year on a credit card for simply having the card. As you already know, not all credit cards have annual fees. What credit cards typically tend to have annual fees? Typically, credit cards that offer rewards and benefits have annual fees.

If you are looking for a new credit card, should a credit card with an annual fee be a deal-breaker for you? It depends on if the rewards and benefits of that card outweigh the annual fee. 2 quick points to further understand credit cards with annual fees are as followed:

1. A Credit Card with an Annual Fee Might Be Worth It for You

2. My Experience with the American Express Blue Cash Preferred

Note: This article contains affiliate links for the American Express Blue Cash Preferred.

1. A Credit Card with an Annual Fee Might Be Worth It for You

As stated earlier, a credit card with an annual fee being the right card for you depends on if the rewards and benefits of the card outweighing the annual fee. For example, let’s say that Carmen has the Capital One Venture that offers 2 travel…

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