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In 2020, CommBank introduced a new credit card with a monthly fee instead of the traditional annual fee. This has now started to become a bit of a trend with Westpac, NAB and American Express now starting to introduce monthly fees as well.
www.australianfrequentflyer.com.au
Do you prefer monthly or annual credit card fees? Leave a comment or discuss this topic below.
![www.australianfrequentflyer.com.au](https://www.australianfrequentflyer.com.au/app/uploads/2024/06/calendar-month.jpg)
Why Are Credit Cards Moving to Monthly Fees?
Some Australian banks are starting to switch from annual credit card fees to monthly fees, sometimes with a fee waiver for each month that you spend over a certain amount. Why?
![www.australianfrequentflyer.com.au](https://www.australianfrequentflyer.com.au/app/uploads/2022/12/cropped-icon-32x32.png)
Do you prefer monthly or annual credit card fees? Leave a comment or discuss this topic below.