Do all credit cards have an annual fee?

@cornelius.fay 

No, not all credit cards have an annual fee. There are many credit cards available in the market that do not charge an annual fee. However, it is important to note that some credit cards, particularly those with premium benefits and rewards programs, may have an annual fee associated with them. It ultimately depends on the specific credit card and its features.

@cornelius.fay 

Some credit cards offer benefits such as cashback rewards, airline miles, or travel insurance, which may come with an annual fee. However, there are also plenty of credit cards that do not charge an annual fee. These no-fee credit cards may still offer rewards programs or other perks, but do not require an annual payment to maintain the card. Additionally, some credit cards may waive the annual fee for the first year as an introductory offer. It is important for consumers to compare different credit card options and consider their spending habits and needs before choosing a card with or without an annual fee.