What is Pricing model?

A pricing model describes the pattern a provider charges by, rather than any single figure. It matters because it tells you where the money will come from: a card with no annual fee can still earn its keep through interest, currency charges or a monthly plan, while a card with a set annual fee is easier to predict from the start. The cards in this group all use a no-annual-fee model. ActivoBank charges no annual fee, and the same goes for Advanzia Bank, AffinityPlus Credit Union, Alif and Alif Bank. A no-annual-fee model suits a card you keep lightly or swap between products, since there is no yearly bill to justify or to abandon.