A fee that can be charged once a year by a credit card company for your use of the card is called what?

Question

Quizplus · Accepted Answer

An annual fee is charged by the credit card company once a year for the use of the card. Cash advance fees are charged when you withdraw cash from your credit card, late-payment fees are charged when you don't make your payment on time, and balance transfer fees are charged when you transfer a balance from one card to another.

A Fee That Can Be Charged Once a Year by a Credit