What is a annual duty? what is a annual fee on a credit card and do

what is a annual fee on a credit card and do you pay it monthly or twelve-monthly

annual means it is payed once a year. walk with a credit card that has no annual duty, there are many. Annual fees are merely another way that credit card companies steal your money.

it is a fee you pay once a year,usually at the anniversary date of you sign-up. you can go and get cards with out fees,though,so why pay if you don't hold to!

Answer:
Yearly = annually :-D

LOL annual fee hhmmmmmmmmmmmmm ummm u take-home pay it monthly, (just kidding yearly) DUH!!
You pay them to use their card resting on paying them interest.. Rip off!!

it is a yearly charge that you pay for the privledge of using their card. You collectively get charged it once a year and then if you don't earnings off your card immediately next to the fee, then you money on it, with interest, for the rest of the year. Do yourself a favor and get a card lacking an annual fee. There are enough companies competing for your business that you shouldn't be restricted to cards with an annual fee.

It is fluff; e.g. a fee associated to a card that most relatives don't need.

These are often cards which are applied for through unsolicited direct post. You might receive something in the mail that advertise one of the following "0% apr" , "complimentary 15,000 miles on your airline , etc.

The kicker is, that 100's if not 1000's of people buy into this gimmick and respectively pay an annual fee, which is applied to your statement via a set date (usually a few months contained by the future that you won't notice).

It's pure profit for these companies, which serve as middlemen for the credit card banks. Each of whom are motivated by unloading a "spiff" based on the membership for getting you locked into a vehicle that will give a hand perpetuate future debt and interest fees for the dune.

The fee is what the credit card company charges you for the privilege of owning the credit card. Your paperwork will tell you when it is charged to your portrayal. This is especially common on "Rewards" cards which give you points for nouns travel etc. If wish, shop around. Most banks hold two or three plans, one of which is usually free. Credit Unions are now available to anyone and they also offer cards. Even Costco offer a credit card. Don't give them your money for free.

annual allowance is a yearly fee which you compensate every year on the same month that you first acquired your credit card.

The annual payment is a maintance fee they charge,most of the time it is charged monthly.But I quess they could charge the total fee adjectives at once if they wanted to.