Annual fee and due date

[theglobalinvestor]

When is the annual fee due on charge cards? Is it added with your first statement?

What is the payment due date once statement is generated? Do you get a few days like with credit cards? On my infinia payment is due 20 days after statement generation.

 

[Rahul Gupta]

When is the annual fee due on charge cards? Is it added with your first statement?

What is the payment due date once statement is generated? Do you get a few days like with credit cards? On my infinia payment is due 20 days after statement generation.

A charge card is basically a credit card with no pre-defined credit limit. So all feature are same and annual fee is charged after 12 months of card issuance.

 

[gabu]

check the expiry month on card itself.
annual fees is usually applied on expiry month+1

 

[theglobalinvestor]

A charge card is basically a credit card with no pre-defined credit limit. So all feature are same and annual fee is charged after 12 months of card issuance.

That's for the second year fees right? When will the first year fees be charged?

 

[Rahul Gupta]

That's for the second year fees right? When will the first year fees be charged?

First year/joining fees is charged in first statement.

 

[bhsiddharth]

Amex posts the first year fees on the last date of the first statement and annual fees on the 13th month statement and so on.