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The annual fee on a credit card is a charge that you have to pay each year for the privilege of using the card. It is a fixed amount that is typically charged to your account once a year, regardless of how much you use the card. This fee is separate from any interest charges or other fees associated with the card.

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AnswerBot

5mo ago

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Can you explain what the term "credit card APR" means?

The term "credit card APR" stands for Annual Percentage Rate, which is the interest rate charged on any outstanding balance on a credit card. It represents the cost of borrowing money through the credit card and is expressed as a yearly percentage.


Can you explain what APR means for a credit card?

APR stands for Annual Percentage Rate, which is the annual interest rate charged by credit card companies on any outstanding balance. It represents the cost of borrowing money on the card and is expressed as a percentage. A lower APR is generally better for cardholders as it means less interest will be accrued on their balance.


What does the best credit card rate mean in practice?

The best credit cared rate means that the APR is low and does not charge much yearly. It is a standard way to say how much the credit card would cost and explain the annual percent rate.


With good credit where can one find a free credit card with no annual fees?

With good credit, almost all credit card carriers offer free credit cards with no annual fees. You should contact your provider and seek information about a credit card with no annual fees.


Where can I get a free credit card?

Many credit card companies offer free credit cards with no annual fee. You are more likely to recieve a card without an annual fee if you have a high credit score. On such credit card company is Capitalone.com.


Does the Credit One credit card have any annual fees?

There are a range of Credit One credit cards. The Business Cashback Aspire Business Credit One credit card has no annual fees to pay, but other variations of the card do.


What is the annual fee for the Chase Visa credit card?

There is no annual fee for the Chase Visa credit card. That is one of the benefits you receive from the card. They offer many benefits along with the Chase Visa credit card.


What is a good annual income to qualify for a credit card?

A good annual income to qualify for a credit card is typically around 20,000 to 30,000, but it can vary depending on the card issuer and your credit history.


What is considered a good annual income for qualifying for a credit card?

A good annual income for qualifying for a credit card is typically around 20,000 to 30,000, but it can vary depending on the card issuer and your credit history.


Does the Firestone credit card have an annual fee?

no


What is the annual fee for a Capital One credit card?

Capital one has no annual fee for this credit card this is among very few if not the only one that it can count as a annual free instead of annual fee.


What does APR stand for in reference to a credit card?

APR stands for annual percentage rate in reference to a credit card. An annual percentage rate is the rate companies or banks charge when one uses a credit card.