New Delhi, Jan. 12 -- Credit cards marketed as "lifetime free" often sound like a convenient deal - no joining fee, no annual fee, and access to rewards. But many users discover later that the card isn't entirely cost-free. Banks and issuers may not always prominently highlight the additional charges that may apply, and these fees can add up if you are not prepared.

This article explains the most common additional charges associated with lifetime free credit cards, why they occur, and practical strategies to avoid them.

Banks waive the annual and joining fee for the life of the card. However, that does not remove fees on cash withdrawals, overdue payments, foreign currency use, add-ons, or reward redemption. Terms vary, so read the Most...