A credit card annual fee is a charge that is assessed by the credit card issuer every year. This fee is generally assessed on an annual basis, but some issuers may charge it on a monthly or quarterly basis. The credit card annual fee is typically charged in addition to any other fees that may be associated with the account, such as late payment fees or over-the-limit fees. The amount of the credit card annual fee can vary depending on the issuer and the type of card. Some cards have no annual fee, while others may charge an annual fee of $50 or more. The best way to avoid paying an annual fee is to use a rewards credit card that offers rewards points, cash back, or other benefits that offset the cost of the fee.