Annual Fee

(redirected from Annual Fees)
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 ?
Summary: Reader is charged an annual fee on a card that's never been used
As an annual fee, the chairman would receive EUR 84,000, the vice chairman would receive EUR55,000 and the other members would receive EUR42,000 each.
The benefits for this card are: it has no annual fee; it offers five percent cash back for purchases at Amazon and Target up to $1,500 through December 2017; and for the first year, there is no annual fee.
Al-Zahrani added that the bank offers its customers the opportunity to benefit from credit cards without annual fees for life whether used inside or outside the Kingdom or even online for a minimum total amount of SAR 6,000 throughout the year.
A private company owned by various local TV stations, Velister is a platform carrying digital signals for licensed television channels at an annual fee.
Members have the option to complete their annual fee statement and pay their fees online via the Bar's website at www.
One is for specific NRC services, such as licensing and inspection activities, that apply to a specific license; the other is an annual fee for generic regulatory expenses and other costs not recovered through fees for specific services.
The Pew study, which was released Thursday, found that about 14% of bank credit cards have annual fees, about the same as last year.
Charging no annual fees or membership fees, BusyTrade's account is free to signup and free to use certain basic functions, however, if the members want to access to more value added services, they will required to pay.
Bank of America is said to be testing what sort of annual fees its customers would accept before cancelling their cards.
Parents whose children go to Mowden Hall Preparatory School, near Stocksfield, in Northumberland, have seen annual fees go up by almost 2.
Not only did direct mail card offers continue their slide in 2008, more of the ones that hit consumers' mailboxes carried annual fees, according to Synovate, a market research firm based in Chicago.

Full browser ?