What is the average credit card annual fee?

Average credit card annual fees are trending down. The average annual fee charged on an Australian credit card in July 2015 is about $94. That is about thirty cents lower than the average credit card annual fee three months ago.

Annual fees usually go up with features, so a few high-end premium credit cards charge annual fees of $900 and more. However for people looking for a good basic credit card, there is really no reason to pay an annual fee. There are plenty of credit cards without annual fees to choose from. Compare deals and switch to a better card today.

Source: Bankheadlines.com.au