A Monthly Fee is a monthly recurring charge that you will be billed each month for your domestic, direct-dialed long distance (excluding usage charges, taxes, surcharges and fees). A Monthly Commitment is a predetermined amount of long distance dollar revenue you commit to spend each month.

What is a monthly fee called?

Bank accounts often carry a fee — called a monthly service fee or a monthly maintenance fee — simply for being open. ... The good news is that there are ways you can avoid paying a monthly service fee, such as by keeping a minimum balance in your account.

Why is there a monthly service fee?

For example, some banks may charge a monthly maintenance fee if your account balance is under a certain threshold. These fees are charged by banks to help “maintain” your account, kind of like a service fee.