annual fee

annual fee

5 Credit Cards with Annual Fees Worth Paying

If you're a regular on Creditnet, then you know that we've never been a big fan of annual fees. And who can blame us? With so many credit cards on the market today that skip the arbitrary once-a-year fee, why would you opt for a card that you have to pay to keep in your wallet? As it turns out, some of the most lucrative credit cards available require an annual fee. In some cases, paying the annual fee is well worth the benefits you'll enjoy as a cardholder, and the annual fee will pay for itself over the course of the year (and then some). However, these excellent annual fee credit cards can be hard to find, and their rewards hard to judge. So, we decided to introduce you to five credit cards with annual fees worth paying. In no particular order, these are the credit cards we would consider paying to keep in our wallet...

Ask Creditnet: Switching to a No Annual Fee Credit Card

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Dear Creditnet: I currently have a credit card that expires in August 2010. This card has an annual fee, and I'm tired of paying it every year.

Do I have to cancel my card in order to apply for a different card from the same credit card company with no annual fee?

New Annual Fee: Should I Pay Up or Move On?

Credit questions 

 

Dear Creditnet: I just received information in the mail Saturday that Citi Platinum Select will now start charging an annual fee of $60. I have had this card since 1989. Of course there are ways to avoid that fee, but should I just start looking for another credit card?

Pay Up or Forget About Paying with Plastic

Have you ever thought about how much you would pay to keep your credit card? Years of no annual fees, favorable grace periods, and reasonable interest rates probably kept you from pondering such a question.