Paying a fee to a credit company for the privilege of using their credit card seems ludicrous, right?
Why would anyone intentionally pay an annual fee?
With so many free credit card options it just seems insane to pick one with an annual fee.
On the other hand, if you actually take some time to take a closer look at some of the perks you get by paying an annual fee for a specific credit card you might find the perks outweigh the costs.
For the longest time I personally thought this was crazy, but I’m starting to come around. Let’s dig a little deeper.
Paying an Annual Fee for a Credit Card
You have two big steps to take before you jump onboard with an annual fee.