Are the lifetime free creditcards are really free?

India
January 15, 2007 9:00pm CST
Last month I had been offered a lifetime free (annual fee) creditcard from a creditcard company. I have applied for it,but I am not sure whether are these worth? and will these be lifetime free? or at one point of time they charge all the fees? Any one come across this situation?
1 response
@mvsrao (4365)
• India
16 Jan 07
pls donot believe and promote such free lifetime credit cards from unknown providers . The reason is given on the above comment .
• India
16 Jan 07
Yes. I just enquired that the there are some creditcard companies offering life time free (annual fee) cards for corporates. One of my friends are using those since 4 years without annual fees. The card is ICICI.