Annual Fee


Also found in: Legal.

Annual Fee

A fee that a company assesses on a customer simply for being a customer. Annual fees are most common in the financial industry. For example, a credit card company may charge a customer an annual fee of $60 in order to keep that customer's card active.
References in periodicals archive ?
In addition to the Velister annual fee, TV stations must pay a e1/451,000 annual broadcasting licence.
Motorcycles would require a $20 annual fee, and registered trailers a $10 annual fee.
Business Studies with Marketing is a 4-year BA degree offered in Limassol with an annual fee of 5,000 euros.
In general, the more generous the reward structure and sign-up bonus, the higher the annual fee, so it's no surprise that first-place card on our list comes with an annual fee," said Tran.
Florida Bar members are now receiving their 2013-14 fee statements, reflecting no increase in annual fees, which are payable July 1 and late after August 15.
Scrap free travel for pensioners and charge them an annual fee.
The pharmaceutical manufacturer should present the annual fee as an operating expense.
When they offer a pounds 36 annual fee and then introduce fees of up to 10 times more, and promise to use these fees to maintain service levels and then immediately reduce them, can we really believe that Centro provide what their customers want?
Fyesor instance, for the Chinese suppliers, annual fee was lowered from 50000 RMB to 19800 RMB.
Starting next year, Bank of America (NYSE: BAC) would charge a small number of customers an annual fee, ranging from USD29 to USD99.
As issuers continue to cut back offers, and the mailbox becomes more super-prime, we are seeing a proportionately higher number of card offers with an annual fee," said Andrew Davidson, vice president of competitive tracking services for Synovate's Financial Services Group.
Such operators have to pay an annual fee of pounds 1,800 to the Gambling Commission and face the threat of having their licence withdrawn if payment is not made in full.

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