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Inactivity Fee
(redirected from Inactivity Fees)

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Inactivity Fee
A fee a brokerage levies on an account on which the client has made few or no transactions for a lengthy period of time. Because brokers make their profits from fees on transactions, some brokerages levy an inactivity fee to encourage trading.


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That can make sense as long as you’re not hit with inactivity fees when the kids return.
Another result of the CARD Act is that gift cards are required to communicate any expiration information explicitly on the gift card itself; * Inactivity fees remain something to watch for, but not necessarily a prohibitive factor: Only one closed-loop card charged a fee after 24 months of nonuse, while five open-loop cards charge an inactivity or monthly fee after 12 months of nonuse.
So, they try to come up with inactivity fees and penalties for cardholders who failed to use their cards within a period of three to six months.
 
 
 
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