Today I will answer the question: “What do you do when you get charged with a credit card annual fee?”
The credit card programs offering the best sign up bonuses almost always have annual fees. Most of the time, this annual fee is waived the first year of being a card member. This is great because you get to test out the card for one year to see if it's worth keeping the next year.
When your credit card gets charged the annual fee, there are 3 options: keep, convert, or cancel your credit card.