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When is a lower annual interest rate better than a low annual fee?
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3 votes
When is a lower annual interest rate better than a low annual fee?

User Piyush N
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1 Answer

3 votes
3 votes

Step-by-step explanation:

Lower annual interest in real terms is a relief to customers because it can go across a monthly payment like in a product purchase with a credit card. A low annual fee is just one payment that can be a certain membership of which happens only on an annual basis.

User JDurstberger
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