Some companies also charge
an extra yearly fee for customer service.
Not exact matches
Facilities with
extras will often charge higher monthly or
yearly membership
fees, even if you don't use the services.
Just to get $ 95 in «
extra» rewards to cancel out the
yearly fee, you would need to earn $ 95 / $ 7 x 10,000 = 135,714 rewards points in that year, or about $ 135,714 worth of spending on one credit card!
Because monthly payments cost the insurance company more in personnel and paperwork, that
extra expense is typically passed on to you in the form of monthly
fees; by paying all at once, you eliminate these
fees and lower your
yearly insurance costs.