Well walk through the different methods on how to waive the annual fee. Jan 5 2018 First statement closes.
Im pretty sure that retentions would be given a generous leeway but i think due to the way credit card contracts are structured the annual fees wont technically change.
How to waive amex annual fee. Jan 4 2018 550 annual fee hits. With that said they are usually fairly generous in the bonus pointstatement credit department depending on various factors. Amex might if they are nice give a unilateral 100 credit to everyone but thatll be expensive for them.
Receive up to 13300 KrisFlyer miles with a min. How I Got My American Express Gold Card Annual Fee Waived. The Platinum Card from American Express has a hefty 550 annual fee that might deter people from applying.
Ive never tried with Chase as I want to cancel to improve my 24 month churn chances on most cards airline based at least. BOA wasnt helpful with the Alaska. What can we do.
When it comes to actually requesting a fee waiver this would normally be done at the point of requesting a cancellation on the card which is almost always over the phone. If you dont receive an offer you can ask to be downgraded to an alternative no annual fee credit card or a card with a lower annual fee. As much as I like the card a 175 in todays world is simply outrageous.
When reaching out to your card issuer simply state that youd like to have your credit card annual fee waived. Dec 5 2017 Signed up for Amex Platinum. American Express Gold Card Basic Card Annual Fee Waiver.
How to waive the Amex Platinum annual fee. Ruthie yes that was her name. Blog Post httpsbitly2Oj5e9Q.
Step 3 Call AMEX member services and ask about applying for the AMEX platinum card. However there are a few ways to get the Platinum card for less and potentially down to 0 depending on your situation. State that youre considering cancelling or switching cards because of the high annual fee.
Hotel cards that offer an annual free night rarely waive the AF IMO. Simply ask for it. Also customers receiving e-statements can access offers online waiving the annual fee on an AMEX platinum card if a specific amount of money is spent in a billing cycle.
You have 30 days from Jan 5 2018 to cancel for a full refund. Instead of over the phone you could also try using secure messaging in your banks message area to ensure the communication between you and your bank is clear. You can have the fee waived but it requires 25000 tied up and 5000 deposited monthly.
Here are the four requirements to have the fee waived. To get American Express Platinums annual fee waived call the American Express retention department at 1 800 452-3945. Being a good customer helps your cause too.
Most of the time if you call about a card that has an annual fee that you regularly use youre likely to get a retention offer. AMEX doesnt waive annual fees but sometimes theyll offer a statement credit to help offset the cost of the annual fee. The Amex Platinum has a hefty 550 annual fee.
Ask the issuer to waive the annual fee Call the number on the back of your card and being polite on this call can go a long way. Amex Ive not had any luck with Delta cards or my PRG. There is no way to know for sure if youll get an offer but its easy.
If your payment history is good on time and your usage is reasonable 2545 of your limit each month typically they will without having to do anything else. I really like the card but a 175 feel is just crazy. S17655 inclusive of GST First Year Fee Waiver.
Ask if the representative can help you with your request and leave it at that. The big thing to be aware of is the Platinum CashPlus cash management account has a 45 monthly fee. Spend of S3000 in your first 3 months and an additional complimentary stay at Conrad Centennial Singapore Deluxe Room worth up to S300 if you are new to American Express.
For instance recently some folks who hold the AMEX Platinum have called in and been offered a 300 statement credit which helps offset the 550 annual fee. AMEXs official stance is generally that they do NOT waive annual fees. Annual fees are free money to credit card companies.
Paying that fee for a year will cost 540 leaving you with just 10 savings on the card annual fee.