When applying for a credit card, you must have heard terms like ‘annual fee’ or ‘annual maintenance charges.’ or even further, ‘zero annual fees.’ In simpler terms, an annual fee can be defined as a yearly charge/fee that you are liable to pay to your credit card company or card issuer for opening and maintaining your account. Read this blog to understand what zero annual fees mean while applying for a credit card.
Source: https://indialends.com/cards/zero-annual-fees-credit-card
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