With a credit card, do you have to pay a monthly charge even if you don't use it?

Question

Or do they only charge you if you use it?

Answer 1

some have a yearly fee for having the card. but otherwise, they only charge you monthly for the things you've purchased.

Answer 2

I've had 20 or more credit cards an none ever charged a monthly fee or an annual fee. Some credit cards have a minimum interest charge of maybe 50 cents so if you have a $1.00 balance at 12% you pay 50 cents not just 1 cent. The idea is to get you to pay the darned thing off so they don't have to pay to send you a statement every month. But if you carry no balance you still pay no interest.

Answer 3

Most credit cards don't charge annual or monthly fees. You will be charged interest on your spending unless you clear the balance every month.

Which card is it and I can find out a bit more for you?

Answer 4

If you use one of the major banks cards there should be no charge for having the credit card, but if you do use it, make sure you pay it off or you will get stung by extreme interest charges every month until you have cleared the balance.

Answer 5

It depends on the credit card. Most credit cards don't have a monthly charge. However, some cards have annual fees so be careful with those.

Answer 6

Yes ALL or most CC companies charge a fee whether the card is used or not.

Answer 7

I dont get charged for having mine. I'd give them it back if they tried to charge me.

Answer 8

you are charged on the interest .if there is no balance there is no payment but if you only pay min payment the balance will never go down.

Answer 9

each credit card varies read the terms and conditions

Answer 10

no..........and the only charge interest on the balance due if not paid in full