Joining Fee

Are you planning on getting a credit card and wondering what is joining fee.
This fee is a one-time payment that you may need to make when opting for a credit card or similar financial products and services. The joining fee may be different with different credit card providers and may also differ based on the credit card that you choose. 

Let’s say, you are required to pay a one-time fee of ₹1,000 to get a credit card at the time of application. This is called a joining fee which will be charged by the bank or any financial institution. 

Since you now understand the joining fee definition, keep in mind that it is different from an annual fee. This is a recurring yearly charge that applies to certain credit cards and may be waived off when you cross a spending milestone. 
Nowadays, many credit card providers offer lifetime free credit cards, where you do not need to pay a joining fee or an annual fee.