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How to Tell If Your Credit Card Is Worth the Annual Fee

Credit card perks are great, but how can you be sure they’re worth the annual fee? These yearly charges can be significant—a 2019 study found that card fees average nearly $110 annually, although some cards charge a lot more, like the $550 fee for the Amex Platinum Card or Chase Sapphire Reserve. Here are some things to consider when you’re trying to decide whether those hefty fees are worth it.