Question:

Annual fees for credit cards?

by  |  earlier

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i just got approved for an Orchard Bank credit card, but the card has an annual fee of 54 dollars. Do i get charged $54 a month or do they divide that 54 dollars up into 12 monthly payments.

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4 ANSWERS


  1. Even if you haven't used the card, your first bill will have $54 on it (unless they've waived it for the first year).  Watch out.  If you don't pay it on time, they add a late payment fee.


  2. your first minimum payment will be $50, and then the next month, you will pay the other $4, plus whatever you used (they will divide up your balance for your minimum payment). i have an orchard bank card, & that's how they do it. i hope that helped :)

  3. http://cangetu.put.lv

    you can get much information in this website,kindly stay a minute in website and check anyone link at a time

  4. no, they will bill you $54 all at once.

    I don't have an anual fee with any of my two credit cards. i'd consider another card, call them up threaten to cancel the card if they don't take it off.

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