For cards that charge them, annual fees can range from as low as $25 up to an eye-popping $695 for ultra premium cards like The Platinum Card from American Express. Many popular general travel cards and most co-branded airline and hotel rewards credit cards charge annual fees, but these tend to be under $100 per year and are sometimes waived for the first year. However, there are still many travel and even co-branded no annual fee options available, allowing you to avoid this expense entirely, though with diminished rewards.