How much are average credit card annual fees?
Annual fees on credit cards start at $0 but range up to about $1200.00 on platinum credit cards with plenty of extra benefits.
On average credit card annual fees are about $110 in Australia. A reasonable low cost, no frills credit card might charge about $49 in annual fees.
Australian Bankers Association’s chief executive officer Steven Munchenberg said customers should look around for products without hefty charges attached.
“Comparison websites are a good way to find information on the different products and services available that suit your needs.”
Source: The Daily Telegraph