Author Topic: Credit Card Annual Fee  (Read 1689 times)

CommonCents

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Credit Card Annual Fee
« on: November 22, 2013, 09:27:31 AM »
Not particularly badass, but it was the best category I cound find.

Two years ago, I decided to get the US Airways card in order to stop 49K miles from expiring.  I paid my $49 fee, got a bunch of miles and figured it was cheap and I'd use the miles for a vacation.  Put a lot of wedding expenses on the card and built up a good stockpile of miles (that I have yet to use). 

Last year, I didn't want to pay the fee again, but we were house hunting so I did.  My mortgage broker said not to rock the boat with any changes to anything.  It's a new card, it shouldn't affect length of history (maybe would help?), but it would change the amount of available credit and just best not to risk it at all.  So I paid my $49 fee again.

Now, it's time to renew again.  We are actually just in the midst of buying a house with a closing date next month - worst time ever to make a change.  But this time around, I picked the phone and called them.  Told them I took up the card to avoid expiring miles.  That I have a no fee credit card that gives me 1% back (ok, over the past year it changed and now I have to spend a certain amount to get the 1% back, but it does give it).  I spend thousands on the card each year and that I didn't want to pay the fee anymore - could he waive it?

The answer?  Of course they want to keep me as a customer and they will waive it - but it has to hit the card first on the 29th before they can do it.  Call back the first week of December and thanks for being a customer.

It's ridiculous.  I call the cable company every year to get them to drop their prices for cable+internet (don't jump on the cable.  Mr. CommonCents won't give it up and I admit I enjoy it too.)  I am in the midst of arguing with an insurance company about my bill.  But I never thought to call up the card rather than canceling it.  Some weird mental block.  Demolished.

Next change: Not highlighting my hair.  Started doing it post a bad break up/grad school graduation in 2007 along with cutting it short.  I pushed it to every 4 months, and got it done near my parents for cheaper, but it's time to go back to my "roots" - grew up with my mom cutting my hair.