A S C Charge on Credit Card – is It Legit or a Scam?

An A S C charge on a credit card is an annual subscription fee charged by the credit card company. It is a mandatory fee that the cardholder has to pay for using the credit card.

A S C Charge on Credit Card

Credit cards have become an essential part of modern-day life. They are used for making payments online, in stores, and for withdrawing cash from ATMs. However, credit card users are often hit with additional fees that they might not be aware of.

One such fee is the AS C charge, also known as an annual subscription fee. This fee is charged by the credit card company every year and is mandatory for all cardholders. The A S C charge is added to the outstanding balance of the credit card and is subject to interest if not paid on time. Credit card users need to keep track of these charges to avoid any unnecessary fees and to understand the total cost of using their credit card.

What Is An A S C Charge?

An A S C charge on a credit card statement can sometimes be confusing, especially for those who are not familiar with the term or who are seeing it for the first time. It is important to understand what this charge represents and why it appears on the statement. In this blog, we will discuss the definition and explanation of an A S C charge.


An A S C charge stands for “Account Servicing Charge”. This charge is a fee that credit card companies apply to customer accounts to cover the cost of maintaining these accounts. It is usually applied annually and is meant to be a pass-through cost.


Credit card companies incur several costs when managing customer accounts, such as providing customer service, processing payments, and maintaining account information. The A S C charge is the credit card company’s way of offsetting some of these costs. This fee can vary depending on the card issuer and the terms of the card agreement. It is important to note that the A S C charge is not a finance charge or interest fee, but rather a separate charge meant to cover the cost of account servicing.

It is always a good practice to read the terms and conditions while applying for a credit card, to identify whether there are any charges such as A S C charges, annual fees, and so on, associated with the card.

If you have any doubts or queries about an A S C charge or other credit card fees, it’s always a good idea to contact your credit card issuer and inquire about them. Having a better understanding of your credit card fees can help you manage your finances better and avoid any surprises on your credit card statement.

How Does A S C Charge Work?

If you have ever looked closely at a credit card statement, you might have come across an A S C charge. This charge is one of the many fees that credit card companies impose on cardholders. Understanding how A S C charge works can help you avoid being surprised when you see it on your credit card statement.

Credit Card Information

Before diving into how A S C charges work, it is crucial to understand how credit cards work. Every time you purchase with your credit card, the merchant who accepts your payment incurs a fee known as an interchange fee. These fees are charged to the merchants by the credit card issuers, such as Visa or MasterCard.

On the other hand, credit card companies impose fees on the cardholders themselves. These fees may include but are not limited to, interest charges, annual fees, late fees, foreign transaction fees, and A S C charges, which we are discussing in this post.

Types Of A S C Charges

There are several types of A S C charges, and they vary depending on the credit card issuer. Some of the most common A S C charges include:

ASC TypeDescription
Balance Transfer FeeThis A S C charge applies when you transfer a balance from one credit card to another.
Cash Advance FeeThis A S C charge applies when you withdraw cash using your credit card.
Foreign Transaction FeeThis A S C charge applies when you use your credit card to make a purchase in a foreign country.

It is essential to note that some credit card companies may charge a combination of these fees, while others may not charge any A S C fees at all.

To avoid paying unnecessary A S C fees, it is important to read the fine print on your credit card agreement and use your card responsibly. For instance, avoid withdrawing cash using your credit card or making purchases in foreign currencies if possible.

Fees Associated With A S C Charge

When using a credit card, it is important to understand the fees that may be associated with your transactions. One fee that you may come across is the A S C charge. This fee is commonly assessed by credit card companies and is used to cover the cost of credit card transaction processing.

Late Payment Fees

If you fail to make your credit card payment on time, you may be subject to a late payment fee. This fee can vary depending on your credit card company and the amount of your payment. It is important to pay your credit card on time to avoid these fees. Late payments can also negatively impact your credit score.

a s c charge on discover card

Interest Rates

Another fee that can be associated with A S C charges is interest. Credit card interest rates vary depending on the credit card company and your credit history. It is important to understand the interest rate associated with your credit card before making any transactions. Paying off your balance in full each month can help you avoid interest charges.

Late Payment FeeA fee assessed for not making your payment on time.
Interest RateThe rate charged for borrowing money on your credit card.

Understanding the fees associated with A S C charges can help you make informed decisions when using your credit card. It is important to read your credit card agreement carefully and ask your credit card company if you have any questions about the fees associated with your credit card.

Tips For Avoiding A S C Charge

Avoid unwanted A S C charges on your credit card by checking your receipt before signing or tapping to pay. Also, keep track of your monthly statements to ensure accurate billing and report any suspicious activity immediately.

If you have noticed an A S C charge on your credit card statement, it stands for “additional service charge,” which is a fee added for any additional services that the credit card company offers, such as balance transfers, cash advances, or late payments. These fees are often avoidable if you take the right steps. Here are a few tips for avoiding A S C charges:

Reading Credit Card Terms And Conditions

Carefully reading the terms and conditions of your credit card is vital to avoid additional service charges. Often, these fees are hidden in the fine print, and credit card companies have various fees for different services.

By reading credit card terms and conditions, you can identify which fees apply to transactions such as cash advances, balance transfers, and purchases. Additionally, you should inquire with the credit card issuer about any questions or concerns that you may have.

Choosing The Right Credit Card

Choosing the right credit card is crucial in avoiding additional service charges. You should search for credit cards that offer low interest rates and reward programs without charging annual fees. Comparing credit cards before signing an agreement can help you save money and avoid future fees. Pay close attention to fixed interest rates, purchasing limits, and any charges for cash advances or balance transfers.

Avoiding A S C charges on your credit card can save you a lot of money over time. By taking the time to read credit card terms and conditions, choosing the right credit card, and using your credit card responsibly, you can reduce the risk of incurring these additional fees. Remember, it’s always better to prevent these charges than to pay them later on.

Disputing An A S C Charge

Disputing an ASC charge on a credit card can be a stressful experience. It’s important to thoroughly review your statement and gather any supporting documentation before contacting your credit card company. Make sure to clearly explain your dispute and provide any relevant information to increase your chances of a successful resolution.

If you discover an A S C charge on your credit card statement, it is crucial to take immediate action to dispute it. An A S C charge could be a sign of fraudulent activity on your account, or it could be a legitimate charge that you do not recognize. Whatever the reason may be, disputing an A S C charge requires prompt attention to avoid any long-term financial damage.

Contacting The Credit Card Company

The first step to disputing an A S C charge is to contact your credit card company directly. You can find the customer service number on the back of your credit card or your monthly billing statement. Once you have connected with the representative, provide them with the details of the disputed charge. This includes the date of the charge, the amount, and the name of the merchant that charged you.

Filing A Dispute

After contacting the credit card company, the next step is to file a dispute. You can usually file a dispute online, through your account portal, or via phone. The credit card company will investigate the charge and may require additional information from you. Be prepared to provide any necessary documentation, such as receipts or transaction records, to support your dispute.

Disputing an A S C charge on your credit card may seem like a daunting task, but taking prompt action can protect you from financial harm. Contacting your credit card company and filing a dispute are critical steps in the process. By following these steps, you can safeguard your financial future and ensure that your credit card transactions are accurate and legitimate.

How to avoid asc charge on credit card

Frequently Asked Questions On A S C Charge On Credit Card

What Is This Charge On My Card?

The charge on your card is likely for a purchase or service. Check the name listed on the charge and match it with your recent transactions. If you still have questions, contact the company where the charge was made or your card issuer for more information.

How Can I Find Out Who Charged My Credit Card Online?

To find out who charged your credit card online, you can first check your credit card statement to see if any familiar names or companies appear. If you still don’t recognize the charge, contact your credit card company to inquire about the charge and possibly dispute it.

Why Is My Discover Card Charging Me Interest?

Discover card charges interest when you carry a balance or make a late payment. Your interest rate may also increase if you miss payments or exceed your credit limit.

What Is a Fixed Management Fee Credit Card?

A fixed management fee credit card is a credit card that charges a set fee for maintaining the account, regardless of the cardholder’s usage or balance. This fee is typically charged annually or monthly and is in addition to any other fees or interest charged on the account.


To conclude, A S C charge on credit cards can be confusing and worrisome, causing consumers to question the legitimacy of the charge. However, understanding the source and nature of the charge can help alleviate concerns. A S C charges are typically associated with subscription-based services or recurring billing, so contacting the merchant or canceling the service can address the issue.

It’s also important to regularly monitor credit card statements to catch any unauthorized charges. Being proactive and informed can help protect against fraudulent activity and ensure financial security.

Read More- The Top 10 Virtual Credit Card Apps for Secure Online Shopping