How Important is an Annual Fee When Choosing a Credit Card?
February 18, 2010
When comparing credit cards, two of the most advertised elements are the interest rate and the annual fee. Interest rates are obviously important if you plan to finance purchases or transfer balances, but what about the annual fee? How much does it really matter? Would an annual fee make or break your decision about a certain credit card?
Just like interest rates are important to some people (those who finance large ticket items over time) and not for others (those who pay off their balance in full each month during their interest free days), the same is true of annual fees. Let’s look at some situations when an annual fee is potentially very important, and when the annual fee might not matter at all.
Top 5 Low Fee Credit Card Offers
November 13, 2009
What do you dread the most about credit cards? High annual fees can certainly be a downer. After all, you can usually avoid paying any interest if you pay off your balance each month during your interest free days, but annual fees get charged to your account regardless of whether or not you normally keep a balance.
That’s why we’re highlighting our top five picks for low fee (or no fee) credit card offers. These credit cards let you use more of your credit limit how you really want to instead of tacking on high annual fees that can disrupt your normal spending and repayment habits. read more..
No Annual Fee Credit Cards: Are They Worth It?
June 29, 2009
Some credit cards feature an annual fee (sometimes well over $100). Others are no fee credit cards, or they may offer no annual fee for the first year. It seems an obvious choice, doesn’t it? If choosing between two credit cards, the no fee card would be more attractive. But are they really worth it?
Here are few things to consider when deciding whether or not a no fee credit card, like the American Express Gold Ascent credit card, is right for you: read more..
