Which of the Following Is Not True About Annual Fees

Multiple Choice

Which of the following is not true about annual fees on credit cards?

A) The fees are the same on all credit cards.
B) The fees may be high, amounting to several hundred dollars per year for some prestige cards.
C) Many cards do not have annual fees.
D) Some cards may waive the fees for individuals who pay their credit card bills in a timely manner.