{"id":168079,"date":"2021-06-27T17:39:43","date_gmt":"2021-06-27T21:39:43","guid":{"rendered":"https:\/\/milesopedia.com\/?p=168079"},"modified":"2024-05-31T13:19:11","modified_gmt":"2024-05-31T17:19:11","slug":"pay-credit-card-annual-fee","status":"publish","type":"post","link":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/","title":{"rendered":"Should You Ever Pay a Credit Card Annual Fee in Canada?"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text el_class=&#8221;checkmarks&#8221;]Paying an annual fee for a credit card isn&#8217;t always a good idea. Several credit cards are available with <a target=\"_blank\" href=\"\/?page_id=90607\">no annual fee<\/a>, and many users cannot justify paying an annual fee based on the rewards or privileges offered in exchange.<\/p>\n<p>However, there are times when a card&#8217;s benefits outweigh the expense of the annual fee. Depending on the individual&#8217;s\u00a0travel patterns and spending habits, there are four scenarios in which the cost may be justified.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading el_id=&#8221;what_does_a_credit_card_annual_fee_mean_&#8221; text=&#8221;What Does a Credit Card Annual Fee Mean?&#8221; google_fonts=&#8221;&#8221;][vc_column_text el_class=&#8221;checkmarks&#8221;]Annual fees used to be common and helped card issuers to be profitable. However, in today&#8217;s market, they are less common and only exist in two instances:<\/p>\n<ul>\n<li>The premium travel market \u2013 cards that offer premium travel benefits, large bonuses, and substantial rewards earning structure<\/li>\n<li>The subprime market \u2013 caters to those with bad credit and cannot obtain large credit lines or other forms of credit<\/li>\n<\/ul>\n<p>As a result, today&#8217;s annual fees are charged in exchange for outstanding value for the wealthy or simply access to credit for the poor.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading el_id=&#8221;when_should_you_consider_paying_an_annual_fee_&#8221; text=&#8221;When Should You Consider Paying an Annual Fee?&#8221; google_fonts=&#8221;&#8221;][vc_column_text el_class=&#8221;checkmarks&#8221;]The following four scenarios justify you paying an annual fee.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading el_id=&#8221;a_one-time_bonus_that_makes_the_annual_fee_worthwhile&#8221; text=&#8221;A One-Time Bonus That Makes the Annual Fee Worthwhile&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;&#8221;][vc_column_text el_class=&#8221;checkmarks&#8221;]Large incentives often get offered by credit cards to entice you to register an account. Common benefits include:<\/p>\n<ul>\n<li><a href=\"https:\/\/milesopedia.com\/en\/best-credit-cards-in-canada\/aeroplan\/\">frequent flyer miles<\/a> that may be redeemed for travel expenditures<\/li>\n<li>a generous <a target=\"_blank\" href=\"\/?p=106272\">statement credit<\/a> that can offset part of your spending<\/li>\n<li>points that can be redeemed for <a href=\"https:\/\/milesopedia.com\/en\/guide\/strategy\/points-gift-cards-strategy\/\">gift cards<\/a> or travel expenses<\/li>\n<\/ul>\n<p>You want to rethink the application if the annual price is $100 and the bonus is $100. However, if the annual fee is $125 and the incentive is $600 in flights, you may want to reconsider.[\/vc_column_text][vc_message]A credit card company may have <a href=\"https:\/\/milesopedia.com\/en\/offers\/cards\/new-offer-american-express-cobalt\/\">a promotion<\/a> that offers you 50,000 sign-up bonus points that can be redeemed for $500 worth of travel expenses.[\/vc_message]<div class=\"wpb_content_element wpb_miles_element\">\t\t<div\n\t\t\t\tdata-template='s-h'\n\t\t\t\tdata-post_type='post'\n\t\t\t\tdata-per_page='4'\n\t\t\t\tclass='deferred_container--preload container_post container_template--s-h container_count--1'\n\n\t\t\t\t\t\t\t\t\tdata-tag=\"post_id\"\n\t\t\t\t\t\t\tdata-post_ids=\"125194\"\n\t\t\t\t\t\t\t>\n\t\t<article class=\"post-preview\">\n\t<div class=\"post-preview-thumbnail\">\n\t\t<div class=\"shimmer shimmer-image\"><\/div>\n\t<\/div>\n\t<div class=\"post-preview-content\">\n\t\t<div class=\"simmer-bar-group\">\n\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t<\/div>\n\t<\/div>\n<\/article>\t\t<\/div>\n\n\t\t<\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading el_id=&#8221;the_benefits_of_everyday_spending_outweigh_the_cost_of_the_annual_fee&#8221; text=&#8221;The Benefits of Everyday Spending Outweigh the Cost of the Annual Fee&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;&#8221;][vc_column_text el_class=&#8221;checkmarks&#8221;]Finding a credit card that gives you <a target=\"_blank\" href=\"\/?page_id=135873\">1% cashback<\/a> on all your transactions or a larger cashback percentage in categories that fluctuate monthly isn&#8217;t difficult. A credit card offering\u00a0a high percentage of cashback on required purchases month after month is more difficult to come by.<\/p>\n<p>You&#8217;ll almost certainly have to pay an annual fee to receive a deal like this, but depending on your household&#8217;s spending patterns, you could wind up well ahead.[\/vc_column_text][vc_column_text el_class=&#8221;checkmarks&#8221;]A <a href=\"https:\/\/milesopedia.com\/en\/offers\/cards\/scotia-momentum-visa-infinite-promo\/\">credit card<\/a> offers the following in exchange for an annual fee of $120:<\/p>\n<ul>\n<li>4% cashback at selected supermarkets<\/li>\n<li>2% cashback at selected gas stations<\/li>\n<li>1% on any other purchase anywhere<\/li>\n<\/ul>\n<p>Let&#8217;s say your family spends $1,000 a month on groceries. You would get $480 a year based on a 4% cashback for a net benefit of $360. Should you spend extra on gas, the card becomes a sweet deal.[\/vc_column_text]<div class=\"wpb_content_element wpb_miles_element\">\t\t<div\n\t\t\t\tdata-template='compare'\n\t\t\t\tdata-post_type='card'\n\t\t\t\tdata-per_page='4'\n\t\t\t\tclass='deferred_container--preload container_card container_template--compare container_count--3'\n\n\t\t\t\t\t\t\t\t\tdata-tag=\"card_id\"\n\t\t\t\t\t\t\tdata-post_ids=\"22637,22695,22676\"\n\t\t\t\t\t\t\tdata-utm=\"wpb\"\n\t\t\t\t\t\t\t>\n\t\t\n    <div class=\"card card-list card-list-header\">\n        <div class=\"shimmer shimmer-bar shimmer-dark shimmer-bar--short card-specs--title\"><\/div>\n        <div class=\"shimmer shimmer-bar shimmer-dark shimmer-bar--short card-specs--title\"><\/div>\n    <\/div>\n\n\n<div class=\"card card-list\">\n\n\t<div class=\"card-list--grid\">\n\n\t\t<div class=\"card-list--card\">\n\t\t\t<div class=\"card-graphic-cta shimmer shimmer-card\"><\/div>\n\t\t<\/div>\n\n\t\t<div class=\"card-list--title-offer\">\n\n\t\t\t<div class=\"card--title\">\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"card-list--offer\">\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t\t<div>\n\t\t\t<div class=\"card--apply\">\n\t\t\t\t<div class=\"shimmer shimmer-btn\"><\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t<\/div>\n\n<\/div>\n<div class=\"card card-list\">\n\n\t<div class=\"card-list--grid\">\n\n\t\t<div class=\"card-list--card\">\n\t\t\t<div class=\"card-graphic-cta shimmer shimmer-card\"><\/div>\n\t\t<\/div>\n\n\t\t<div class=\"card-list--title-offer\">\n\n\t\t\t<div class=\"card--title\">\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"card-list--offer\">\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t\t<div>\n\t\t\t<div class=\"card--apply\">\n\t\t\t\t<div class=\"shimmer shimmer-btn\"><\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t<\/div>\n\n<\/div>\n<div class=\"card card-list\">\n\n\t<div class=\"card-list--grid\">\n\n\t\t<div class=\"card-list--card\">\n\t\t\t<div class=\"card-graphic-cta shimmer shimmer-card\"><\/div>\n\t\t<\/div>\n\n\t\t<div class=\"card-list--title-offer\">\n\n\t\t\t<div class=\"card--title\">\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"card-list--offer\">\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t\t<div>\n\t\t\t<div class=\"card--apply\">\n\t\t\t\t<div class=\"shimmer shimmer-btn\"><\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t<\/div>\n\n<\/div>\t\t<\/div>\n\n\t\t<\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading el_id=&#8221;ongoing_travel_benefits_outweigh_the_annual_fee&#8221; text=&#8221;Ongoing Travel Benefits Outweigh the Annual Fee&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;&#8221;][vc_column_text el_class=&#8221;checkmarks&#8221;]Rewards can be substantial if your travel patterns match the incentives offered by a credit card. If you often stay at specific hotels, the card might earn you many free hotel stays.<\/p>\n<p>The card might come with a steep annual fee, but it could come with a substantial credit for each year&#8217;s specific hotel purchases.[\/vc_column_text][vc_column_text el_class=&#8221;checkmarks&#8221;]<strong>Example&nbsp;:<\/strong><\/p>\n<p>You can get up to <a href=\"https:\/\/milesopedia.com\/en\/offers\/cards\/amex-platinum-new-offer-canada\/\">80,000 welcome bonus points<\/a> with an estimated value of $1,600. For every dollar spent on restaurants, you can get 3 points, 2 points for travel transactions, 1 point for everyday purchases. Along with this, you can also get a $200 Annual Travel Credit.<\/p>\n<p>Because credit cards are continually changing, you must first do your research and read the fine print before opening a new account.[\/vc_column_text]<div class=\"wpb_content_element wpb_miles_element\">\t\t<div\n\t\t\t\tdata-template='compare'\n\t\t\t\tdata-post_type='card'\n\t\t\t\tdata-per_page='4'\n\t\t\t\tclass='deferred_container--preload container_card container_template--compare container_count--2'\n\n\t\t\t\t\t\t\t\t\tdata-tag=\"card_id\"\n\t\t\t\t\t\t\tdata-post_ids=\"22616,22613\"\n\t\t\t\t\t\t\tdata-utm=\"wpb\"\n\t\t\t\t\t\t\t>\n\t\t\n<div class=\"card card-list\">\n\n\t<div class=\"card-list--grid\">\n\n\t\t<div class=\"card-list--card\">\n\t\t\t<div class=\"card-graphic-cta shimmer shimmer-card\"><\/div>\n\t\t<\/div>\n\n\t\t<div class=\"card-list--title-offer\">\n\n\t\t\t<div class=\"card--title\">\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"card-list--offer\">\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t\t<div>\n\t\t\t<div class=\"card--apply\">\n\t\t\t\t<div class=\"shimmer shimmer-btn\"><\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t<\/div>\n\n<\/div>\n<div class=\"card card-list\">\n\n\t<div class=\"card-list--grid\">\n\n\t\t<div class=\"card-list--card\">\n\t\t\t<div class=\"card-graphic-cta shimmer shimmer-card\"><\/div>\n\t\t<\/div>\n\n\t\t<div class=\"card-list--title-offer\">\n\n\t\t\t<div class=\"card--title\">\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"card-list--offer\">\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t\t<div>\n\t\t\t<div class=\"card--apply\">\n\t\t\t\t<div class=\"shimmer shimmer-btn\"><\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t<\/div>\n\n<\/div>\t\t<\/div>\n\n\t\t<\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading el_id=&#8221;there_is_an_annual_fee_for_the_only_card_you_can_get_approved_for&#8221; text=&#8221;There is an Annual Fee For the Only Card You Can Get Approved For&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;&#8221;][vc_column_text el_class=&#8221;checkmarks&#8221;]If you have bad credit and are trying to improve your credit score, the annual fee on the only card you can get approved for could be money well spent. A higher credit score can make the difference between getting a loan and not getting one. It can also allow you to save money on your loan because those with better credit are usually eligible for reduced interest rates.<\/p>\n<p>The trick is to simply pay the annual fee while attempting to <a href=\"https:\/\/milesopedia.com\/en\/personal-finance\/credit-score\/improve-your-credit-score\/\">improve your credit score<\/a>. You can switch to a credit card that doesn&#8217;t impose a yearly fee once your credit score has improved.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading el_id=&#8221;conclusion&#8221; text=&#8221;Conclusion&#8221; google_fonts=&#8221;&#8221;][vc_column_text el_class=&#8221;checkmarks&#8221;]Penalties, fees, and interest will likely outweigh any benefits you get from a credit card with a high annual fee if you don&#8217;t pay your balance in full every month or if you tend to make late payments. In other words, unless you&#8217;re incredibly credit-conscious, don&#8217;t expect to gain from these offers. Also, keep in mind that these deals aren&#8217;t dealt with if you have to spend more than you would otherwise have to get them.<\/p>\n<p>Calculate whether any credit card with an annual fee gives a net benefit in your personal position before signing up. Also, consider the implications before agreeing to a new credit card account.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]<div class=\"wpb_content_element wpb_miles_element\">\t\t<div\n\t\t\t\tdata-template='m-h'\n\t\t\t\tdata-post_type='card'\n\t\t\t\tdata-per_page='4'\n\t\t\t\tclass='deferred_container--preload container_card container_template--m-h container_count--1'\n\n\t\t\t\t\t\t\t\t\tdata-tag=\"card_id\"\n\t\t\t\t\t\t\tdata-post_ids=\"22621\"\n\t\t\t\t\t\t\tdata-utm=\"wpb\"\n\t\t\t\t\t\t\t>\n\t\t<div class=\"card\">\n\t<div class=\"card--grid\">\n\n\t\t<div class=\"card--img-outer\">\n\t\t\t<div class=\"card--img\">\n\t\t\t\t<div class=\"shimmer shimmer-card\"><\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"card--title-offer-selling\">\n\t\t\t<div class=\"card--title-offer\">\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t\t<div class=\"shimmer shimmer-bar\"><\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"card--selling-points\">\n\t\t\t\t<div class=\"shimmer shimmer-bar shimmer-bar--short\"><\/div>\n\t\t\t\t<div class=\"shimmer shimmer-bar shimmer-bar--short\"><\/div>\n\t\t\t\t<div class=\"shimmer shimmer-bar shimmer-bar--short\"><\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"card--apply\">\n\t\t\t<div class=\"apply-btn\">\n\t\t\t\t<div class=\"shimmer shimmer-btn\"><\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t<\/div>\n<\/div>\t\t<\/div>\n\n\t\t<\/div>[\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s see why, sometimes, it&#8217;s obvious to pay a credit card annual fee&nbsp;: higher rewards, welcome bonuses, insurance, travel benefits.<\/p>","protected":false},"author":3,"featured_media":167538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[48137],"tags":[],"mc_loyalty_program":[],"class_list":["post-168079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-strategy","tutorial-cards"],"acf":{"mc_approved_badge":false,"mc_card_used":null,"mc_featured_card_specific":null,"mc_hide_featured_card":false,"mc_post_checklist":{"mc_post_checklist_true":null,"mc_post_checklist_false":null}},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Should You Ever Pay a Credit Card Annual Fee in Canada? | Milesopedia<\/title>\n<meta name=\"description\" content=\"Let&#039;s see why, sometimes, it&#039;s obvious to pay a credit card annual fee : higher rewards, welcome bonuses, insurance, travel benefits.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Should You Ever Pay a Credit Card Annual Fee in Canada?\" \/>\n<meta property=\"og:description\" content=\"Let&#039;s see why, sometimes, it&#039;s obvious to pay a credit card annual fee : higher rewards, welcome bonuses, insurance, travel benefits.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/\" \/>\n<meta property=\"og:site_name\" content=\"Milesopedia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/milesopedia\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/milesopedia\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-27T21:39:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-31T17:19:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/milesopedia.com\/wp-content\/uploads\/2021\/09\/meilleures-cartes-milesopedia-featured.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"840\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jean-Maximilien Voisine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@milesopedia\" \/>\n<meta name=\"twitter:site\" content=\"@milesopedia\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/guide\\\/strategy\\\/pay-credit-card-annual-fee\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/guide\\\/strategy\\\/pay-credit-card-annual-fee\\\/\"},\"author\":{\"name\":\"Jean-Maximilien Voisine\",\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/#\\\/schema\\\/person\\\/910fb721150b290316f16836cc905cad\"},\"headline\":\"Should You Ever Pay a Credit Card Annual Fee in Canada?\",\"datePublished\":\"2021-06-27T21:39:43+00:00\",\"dateModified\":\"2024-05-31T17:19:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/guide\\\/strategy\\\/pay-credit-card-annual-fee\\\/\"},\"wordCount\":1183,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/guide\\\/strategy\\\/pay-credit-card-annual-fee\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/milesopedia.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/meilleures-cartes-milesopedia-featured.jpg\",\"articleSection\":[\"Strategies\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/milesopedia.com\\\/en\\\/guide\\\/strategy\\\/pay-credit-card-annual-fee\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/guide\\\/strategy\\\/pay-credit-card-annual-fee\\\/\",\"url\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/guide\\\/strategy\\\/pay-credit-card-annual-fee\\\/\",\"name\":\"Should You Ever Pay a Credit Card Annual Fee in Canada? | Milesopedia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/guide\\\/strategy\\\/pay-credit-card-annual-fee\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/guide\\\/strategy\\\/pay-credit-card-annual-fee\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/milesopedia.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/meilleures-cartes-milesopedia-featured.jpg\",\"datePublished\":\"2021-06-27T21:39:43+00:00\",\"dateModified\":\"2024-05-31T17:19:11+00:00\",\"description\":\"Let's see why, sometimes, it's obvious to pay a credit card annual fee : higher rewards, welcome bonuses, insurance, travel benefits.\",\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/milesopedia.com\\\/en\\\/guide\\\/strategy\\\/pay-credit-card-annual-fee\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/guide\\\/strategy\\\/pay-credit-card-annual-fee\\\/#primaryimage\",\"url\":\"https:\\\/\\\/milesopedia.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/meilleures-cartes-milesopedia-featured.jpg\",\"contentUrl\":\"https:\\\/\\\/milesopedia.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/meilleures-cartes-milesopedia-featured.jpg\",\"width\":1600,\"height\":840,\"caption\":\"the best milesopedia credit cards presented\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/\",\"name\":\"Milesopedia\",\"description\":\"Programmes de fid\u00e9lit\u00e9 et cartes de cr\u00e9dit au Canada\",\"publisher\":{\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/#organization\",\"name\":\"Milesopedia Canada\",\"alternateName\":\"Milesopedia\",\"url\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/milesopedia.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/MILESOPEDIA-logo-cmjn-black-V3@4x.png\",\"contentUrl\":\"https:\\\/\\\/milesopedia.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/MILESOPEDIA-logo-cmjn-black-V3@4x.png\",\"width\":1600,\"height\":261,\"caption\":\"Milesopedia Canada\"},\"image\":{\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/milesopedia\",\"https:\\\/\\\/x.com\\\/milesopedia\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/milesopedia\",\"https:\\\/\\\/www.tiktok.com\\\/@milesopedia\",\"https:\\\/\\\/www.youtube.com\\\/milesopedia\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/#\\\/schema\\\/person\\\/910fb721150b290316f16836cc905cad\",\"name\":\"Jean-Maximilien Voisine\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/milesopedia.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Photo-Profil-rond-Jean-Maximilien-200x200.png\",\"url\":\"https:\\\/\\\/milesopedia.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Photo-Profil-rond-Jean-Maximilien-200x200.png\",\"contentUrl\":\"https:\\\/\\\/milesopedia.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Photo-Profil-rond-Jean-Maximilien-200x200.png\",\"caption\":\"Jean-Maximilien Voisine\"},\"description\":\"Jean-Maximilien Voisine est le Pr\u00e9sident et Fondateur de Milesopedia, et l\u2019un des experts les plus reconnus en mati\u00e8re de programmes de r\u00e9compenses, de cartes de cr\u00e9dit et de voyage au Canada, en France et aux \u00c9tats-Unis. \u00c2g\u00e9 de 40 ans et p\u00e8re de deux enfants, il a explor\u00e9 plus de 100 pays, dont la moiti\u00e9 en famille avec sa conjointe Audrey. Sp\u00e9cialiste des programmes de fid\u00e9lit\u00e9 comme A\u00e9roplan, Points-Privil\u00e8ges d\u2019American Express et Marriott Bonvoy, Jean-Maximilien aide les voyageurs \u00e0 maximiser leurs avantages et \u00e0 transformer leurs points en exp\u00e9riences m\u00e9morables. Sa mission : permettre \u00e0 chacun de voyager mieux et plus intelligemment en Am\u00e9rique du Nord et en Europe.\",\"sameAs\":[\"https:\\\/\\\/milesopedia.com\",\"https:\\\/\\\/www.facebook.com\\\/milesopedia\",\"https:\\\/\\\/instagram.com\\\/milesopedia\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/milesopedia\",\"https:\\\/\\\/x.com\\\/milesopedia\",\"https:\\\/\\\/www.youtube.com\\\/milesopedia\"],\"knowsAbout\":[\"Credit Cards\"],\"knowsLanguage\":[\"English\",\"French\"],\"jobTitle\":\"Founding President\",\"worksFor\":\"Milesopedia\",\"url\":\"https:\\\/\\\/milesopedia.com\\\/en\\\/author\\\/jean-maximilien\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Should You Ever Pay a Credit Card Annual Fee in Canada? | Milesopedia","description":"Let's see why, sometimes, it's obvious to pay a credit card annual fee : higher rewards, welcome bonuses, insurance, travel benefits.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/","og_locale":"en_US","og_type":"article","og_title":"Should You Ever Pay a Credit Card Annual Fee in Canada?","og_description":"Let's see why, sometimes, it's obvious to pay a credit card annual fee : higher rewards, welcome bonuses, insurance, travel benefits.","og_url":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/","og_site_name":"Milesopedia","article_publisher":"https:\/\/www.facebook.com\/milesopedia","article_author":"https:\/\/www.facebook.com\/milesopedia","article_published_time":"2021-06-27T21:39:43+00:00","article_modified_time":"2024-05-31T17:19:11+00:00","og_image":[{"width":1600,"height":840,"url":"https:\/\/milesopedia.com\/wp-content\/uploads\/2021\/09\/meilleures-cartes-milesopedia-featured.jpg","type":"image\/jpeg"}],"author":"Jean-Maximilien Voisine","twitter_card":"summary_large_image","twitter_creator":"@milesopedia","twitter_site":"@milesopedia","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/#article","isPartOf":{"@id":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/"},"author":{"name":"Jean-Maximilien Voisine","@id":"https:\/\/milesopedia.com\/en\/#\/schema\/person\/910fb721150b290316f16836cc905cad"},"headline":"Should You Ever Pay a Credit Card Annual Fee in Canada?","datePublished":"2021-06-27T21:39:43+00:00","dateModified":"2024-05-31T17:19:11+00:00","mainEntityOfPage":{"@id":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/"},"wordCount":1183,"commentCount":0,"publisher":{"@id":"https:\/\/milesopedia.com\/en\/#organization"},"image":{"@id":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/#primaryimage"},"thumbnailUrl":"https:\/\/milesopedia.com\/wp-content\/uploads\/2021\/09\/meilleures-cartes-milesopedia-featured.jpg","articleSection":["Strategies"],"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/","url":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/","name":"Should You Ever Pay a Credit Card Annual Fee in Canada? | Milesopedia","isPartOf":{"@id":"https:\/\/milesopedia.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/#primaryimage"},"image":{"@id":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/#primaryimage"},"thumbnailUrl":"https:\/\/milesopedia.com\/wp-content\/uploads\/2021\/09\/meilleures-cartes-milesopedia-featured.jpg","datePublished":"2021-06-27T21:39:43+00:00","dateModified":"2024-05-31T17:19:11+00:00","description":"Let's see why, sometimes, it's obvious to pay a credit card annual fee : higher rewards, welcome bonuses, insurance, travel benefits.","inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/milesopedia.com\/en\/guide\/strategy\/pay-credit-card-annual-fee\/#primaryimage","url":"https:\/\/milesopedia.com\/wp-content\/uploads\/2021\/09\/meilleures-cartes-milesopedia-featured.jpg","contentUrl":"https:\/\/milesopedia.com\/wp-content\/uploads\/2021\/09\/meilleures-cartes-milesopedia-featured.jpg","width":1600,"height":840,"caption":"the best milesopedia credit cards presented"},{"@type":"WebSite","@id":"https:\/\/milesopedia.com\/en\/#website","url":"https:\/\/milesopedia.com\/en\/","name":"Milesopedia","description":"Programmes de fid\u00e9lit\u00e9 et cartes de cr\u00e9dit au Canada","publisher":{"@id":"https:\/\/milesopedia.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/milesopedia.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":"Organization","@id":"https:\/\/milesopedia.com\/en\/#organization","name":"Milesopedia Canada","alternateName":"Milesopedia","url":"https:\/\/milesopedia.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/milesopedia.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/milesopedia.com\/wp-content\/uploads\/2023\/01\/MILESOPEDIA-logo-cmjn-black-V3@4x.png","contentUrl":"https:\/\/milesopedia.com\/wp-content\/uploads\/2023\/01\/MILESOPEDIA-logo-cmjn-black-V3@4x.png","width":1600,"height":261,"caption":"Milesopedia Canada"},"image":{"@id":"https:\/\/milesopedia.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/milesopedia","https:\/\/x.com\/milesopedia","https:\/\/www.linkedin.com\/company\/milesopedia","https:\/\/www.tiktok.com\/@milesopedia","https:\/\/www.youtube.com\/milesopedia"]},{"@type":"Person","@id":"https:\/\/milesopedia.com\/en\/#\/schema\/person\/910fb721150b290316f16836cc905cad","name":"Jean-Maximilien Voisine","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/milesopedia.com\/wp-content\/uploads\/2024\/12\/Photo-Profil-rond-Jean-Maximilien-200x200.png","url":"https:\/\/milesopedia.com\/wp-content\/uploads\/2024\/12\/Photo-Profil-rond-Jean-Maximilien-200x200.png","contentUrl":"https:\/\/milesopedia.com\/wp-content\/uploads\/2024\/12\/Photo-Profil-rond-Jean-Maximilien-200x200.png","caption":"Jean-Maximilien Voisine"},"description":"Jean-Maximilien Voisine est le Pr\u00e9sident et Fondateur de Milesopedia, et l\u2019un des experts les plus reconnus en mati\u00e8re de programmes de r\u00e9compenses, de cartes de cr\u00e9dit et de voyage au Canada, en France et aux \u00c9tats-Unis. \u00c2g\u00e9 de 40 ans et p\u00e8re de deux enfants, il a explor\u00e9 plus de 100 pays, dont la moiti\u00e9 en famille avec sa conjointe Audrey. Sp\u00e9cialiste des programmes de fid\u00e9lit\u00e9 comme A\u00e9roplan, Points-Privil\u00e8ges d\u2019American Express et Marriott Bonvoy, Jean-Maximilien aide les voyageurs \u00e0 maximiser leurs avantages et \u00e0 transformer leurs points en exp\u00e9riences m\u00e9morables. Sa mission : permettre \u00e0 chacun de voyager mieux et plus intelligemment en Am\u00e9rique du Nord et en Europe.","sameAs":["https:\/\/milesopedia.com","https:\/\/www.facebook.com\/milesopedia","https:\/\/instagram.com\/milesopedia","https:\/\/www.linkedin.com\/company\/milesopedia","https:\/\/x.com\/milesopedia","https:\/\/www.youtube.com\/milesopedia"],"knowsAbout":["Credit Cards"],"knowsLanguage":["English","French"],"jobTitle":"Founding President","worksFor":"Milesopedia","url":"https:\/\/milesopedia.com\/en\/author\/jean-maximilien\/"}]}},"_links":{"self":[{"href":"https:\/\/milesopedia.com\/en\/wp-json\/wp\/v2\/posts\/168079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/milesopedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/milesopedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/milesopedia.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/milesopedia.com\/en\/wp-json\/wp\/v2\/comments?post=168079"}],"version-history":[{"count":0,"href":"https:\/\/milesopedia.com\/en\/wp-json\/wp\/v2\/posts\/168079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/milesopedia.com\/en\/wp-json\/wp\/v2\/media\/167538"}],"wp:attachment":[{"href":"https:\/\/milesopedia.com\/en\/wp-json\/wp\/v2\/media?parent=168079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/milesopedia.com\/en\/wp-json\/wp\/v2\/categories?post=168079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/milesopedia.com\/en\/wp-json\/wp\/v2\/tags?post=168079"},{"taxonomy":"mc_loyalty_program","embeddable":true,"href":"https:\/\/milesopedia.com\/en\/wp-json\/wp\/v2\/mc_loyalty_program?post=168079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}