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The---------------- is the annual amount you pay just to own a credit card.

1 Answer

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You need to pay a yearly fee to own a credit card.

Moreover, you need to pay interest on the amount you spend.

This is how credit card works.

Also, the bank checks your credit before issuing a credit card.

The yearly fee, the annual fee, is charged at the end of every fiscal year.

User Islam Shaheen
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