Sentences with phrase «higher effective annual fee»

The premium perks are also in line with other cards that have a higher effective annual fee.

Not exact matches

Given the high annual fee, the rewards program on its own is nothing to be excited about — there are many cards that offer similar effective rewards and / or cash back rates with an annual fee of less than $ 100, and some that have no annual fee at all.

However, you'll also pay a one - time fee of 2.15 % to the SBA, as well as some additional fees, meaning your total cost of borrowing (or annual percentage rate) will be slightly higher than your effective rate.

If you factor in the $ 250 Hilton credit, then the effective annual fee on the Hilton Honors American Express Aspire Card is $ 200 — which is still $ 105 higher than the fee on the Hilton Honors Ascend Card from American Express.

The annual percentage rate, usually shown next to the advertised and called «APR», or nominal, interest rate, is always higher than the actual, or effective, loan interest rate because it annualizes the fees and costs associated with the loan.

Making effective use of airline incidental credits is important if you want to reduce the effective annual fee of high risk / high reward cards like AmEx's Platinum cards.

If you're looking for a no annual fee card to earn rewards but plan to carry a balance on your credit card statements each month, you might first consider the Chase Slate Visa for the purpose of eliminating those high - interest balances in a cost - effective manner.

This card has the highest travel credit of any card on the list at $ 325 which makes the effective annual fee only $ 75.

While the Barclaycard Arrival Plus offers a higher effective earning rate of 2.11 (with the 5 % rebate factored in), you'd still have to spend $ 87,000 in order to offset the annual fee that you don't have to pay with the Citi Double Cash ($ 87,000 x 2 = 174,000 miles and 174,000 x.05 = 8,700 miles or $ 87).