In reviewing your summary account activity (#1), you notice fees charged of $69. 45. This fee was assessed on your account for the following reasons except….

Respuesta :

Based on the amount and card type, it is very unlikely that the fee in question was a d. Annual fee.

The fee in question could have been:

  • A late payment fee charged for not paying for something on time
  • A balance transfer fee for moving debt from one card to another
  • Cash advance fee when you ask for an advance on the card

Annual fees are not available for all cards as only select cards have them and these are usually cards that offer a wide range of services. It is therefore unlikely that this is an annual fee.

In conclusion, the fee above is most likely not an annual fee.

Options for this question include:

The options include:

a. Late Payment Fee

b. Balance Transfer Fee

c. Cash Advance Fee

d. Annual Fee

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