Credit Tips: What is the average credit card annual fee?

Written by carnold
Posted On: March 1, 2005

Author: archive
Joined: 23 Jul 2004
Posts: 5007
Posted: Thu Jan 13, 2005 1:46 pm
Post subject: What % of card charge fees/average amount?

Jon Freedman
Date: 6/29/2000 2:58 pm CDT

Can you tell me what percentage of credit card companies charge an annual
fee for their cards, and what is the average fee of those that charge?
Thank you in advance for any help you can give me.

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Author: archive
Joined: 23 Jul 2004
Posts: 5007
Posted: Thu Jan 13, 2005 1:48 pm

Board Monitor
Date: 6/29/2000 3:00 pm CDT

Thanks for your recent inquiry. Unfortunately, we do not have this type of data in house. There are a couple of sites that I think may be able to help, though. They are…

http://www.ccm.faulknergray.com
http://www.cardweb.com

These sites covery industry trends much more than we do and both have search features.

Hope this helps!

Regards,
Jackie Hughes
Board Monitor
CardRatings.org

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About the author:

Curtis Arnold, a nationally recognized consumer educator and advocate, has been educating consumers about credit cards since 1998. Curtis is the author of "How You Can Profit from Credit Cards: Using Credit to Improve Your Financial Life and Bottom Line" (FT Press, 2008). He is also the co-author of the upcoming Complete Idiot's Guide to Person-to-Person Lending (Alpha Books/Pengiun Group USA, April 2009), a contribitor to The Ultimate Allowance (InnerWealth Publishing, 2008) and is extensively featured in 42 RulesTM for Driving Success With Books (Super Star Press, January 2009).

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