Annual charges, late payment of penalties and transaction fees often appear later, quietly reducing the value a card provides. Managing credit card fees is therefore about more than saving a small amount each month. Removing Annual Fees Can Simplify Card OwnershipAnnual fees deserve particular attention because they apply regardless of how often the card is used. A Quarterly Card Review Keeps Costs VisibleCredit card fees should not be treated as fixed household expenses that never need reconsideration. Monitoring credit card fees contributes to both goals.