How much is the IHG Traveler Card annual fee?

A credit card annual fee is the minimum cost of keeping the account open for a year. It helps the issuer afford any rewards or promotional financing the card may offer as well as general account services, such as billing and customer support. The average credit card annual fee is about ... read full answer$22, but many cards have no annual fee. A credit card’s annual fee typically is charged on the account anniversary or the month after it. It will show up on the credit card statement like a normal purchase.

An annual fee on a credit card isn’t necessarily a bad thing. Lots of credit cards with annual fees more than make up the extra cost with better rewards and supplemental perks such as travel insurance. Others, however, try to seem prestigious by charging a big fee without offering nearly enough in return. That’s why it’s important to do your research before applying.

Here’s what you should know about credit card annual fees:

• Annual fees typically range from $0 to $500.
• The annual fee gets added to your balance as a purchase, reducing your available credit (and possibly leading to interest charges) until you pay it off.
• As a special promotion, many credit cards waive their annual fee during the first year an account is open.
• If you ask your credit card company to lower or waive your annual fee, they may consider it. But don’t count on your request being approved.
• You should only get a credit card with an annual fee if it will save you more money overall than the best no annual fee card you can qualify for.
• Getting a starter credit card with no annual fee is a great idea if you are new to credit. Closing your oldest credit card account can hurt your credit score, and you probably don’t want to continue paying for a card that you eventually stop using as your credit improves.

All in all, annual fees may or may not be worth your while, depending on what your card gives you in return. But it’s best to avoid fees while building credit, if possible, since you’re unlikely to get benefits that are worth the cost until you're more established. Once you’re able to qualify for more lucrative rewards cards, you can weigh the fees against the benefits and decide which card is right for you.

The Chase credit card annual fees depend on the card. Several Chase credit cards come with a $0 annual fee, while others charge up to $550, annually.

Chase applies an annual fee to some of its credit cards to help cover the cost of the card’s benefits and rewards. For example, the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® card are among the best travel rewards cards on the market. These cards annually charge $95 and $550, respectively. There’s also a host of co-branded airline and hotel rewards cards that offer an array of perks and rewards, so you should plan to pay an annual fee if you should decide to use any of these cards.... read full answer

Here are the Chase credit card annual fees:

• Chase Freedom Flex℠: $0 annual fee.
• Chase Freedom Unlimited®: $0 annual fee.
• Chase Slate Edge℠: $0 annual fee.
• Chase Freedom® Student credit card: $0 annual fee.
• Ink Business Unlimited® Credit Card: $0 annual fee.
• Ink Business Cash® Credit Card: $0 annual fee.
• Chase Sapphire Preferred: $95 annual fee.
• Ink Business Preferred® Credit Card: $95 annual fee.
• Chase Sapphire Reserve: $550 annual fee.

Whether a Chase credit card with an annual fee is worth it depends on your lifestyle, your spending habits, and rewards and travel preferences. If you’re a frequent traveler and loyal to a particular airline or hotel chain, the annual fee will more than pay for itself. If you don’t travel much, or don’t anticipate making any big purchases over the course of a year, stick with a Chase credit card with no annual fee.

There are several Chase credit cards that have no annual fee. Some of them also offer good sign-up bonuses, as well as rewards. Others have 0% introductory APRs.

One of the best Chase credit cards with a $0 annual fee is Chase Freedom Unlimited®. This card offers 1.5 - 5% cash back. Plus, it comes with an intro APR of 0% for 15 months on both purchases and balance transfers. The card’s regular APR is 19.49% - 28.24% (V). Most no annual fee Chase credit cards require at least good credit for approval.... read full answer

Popular Chase Credit Cards with No Annual Fee

A Chase credit card with no annual fee will save you money in the long run, as you’re not paying to use the card every year. But that shouldn’t deter you from applying for a Chase card that charges an annual fee. If you travel regularly or plan to make a big purchase, you may end up earning enough rewards where the annual fee will pay for itself.

For example, the Chase Sapphire Preferred® Card’s initial bonus of 60,000 bonus points for spending $4,000 in the first 3 months is worth hundreds of dollars. That pays for the card’s $95 annual fee for several years.