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Established Contributor
Posts: 1,044
Registered: ‎12-12-2011
0

Annual Fees on cards!!

Banks are very strict on removing or waiving the AF. My bank of America Cash $32AF and Wells Fargo $25AF. Well two cards are being closed soon.

Walmart / SYNCB - 1,000/12,000 | JCP MasterCard / SYNCB - 5,500 | Dillard's / Wells Fargo - 5,000 | Amazon / SYNCB - 1,000 | Belk / SYNCB - 3,000 | Aeromexico Visa / US Bank - 300 | Capital One - 500/3,700 | Bank Of America 123 Cash Back - 12,000 | Wells Fargo - 300 | AMEX Hilton HHonours - 2,000 | PenFed Platinum Rewards Visa Signature - 30,000 | PenFed Travel Rewards AMEX - 10,000 | PenFed PLOC - 5,000 | PenFed Thrifty Credit - 500 | Discover IT - 8,800 | Wyndham / Barclays - 2,500 | Citi Simplicity - 3,800 | Amazon.com Visa Signature - 5,000 | Chase Freedom Visa Signature - $6,200.
Frequent Contributor
Posts: 487
Registered: ‎12-07-2012
0

Re: Annual Fees on cards!!

There is no card out there I would be willing to pay an annual fee on.

Amex BCE $6,000 | BofA Power Rewards WMC $15,000 | Chase Freedom VS $10,000 | Chase Marriott Premier VS $5,000 | Citi Diamond Preferred $4,200 | DCU $4,300 | Discover It $3,900 | Local Bank MC $4,125 | Local CU Visa $3,500 | PenFed Platinum Rewards VS $9,000 | SallieMae Rewards $11,000
Valued Contributor
Posts: 1,673
Registered: ‎11-11-2012
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Re: Annual Fees on cards!!


ilovelisa wrote:

There is no card out there I would be willing to pay an annual fee on.


That might be true for you, but obviously for some there are cards where it makes perfect sense to pay an annual fee (e.g. BCP last year, if you know that the grocery spend is big, this was a no brainer.  For $75, I got $1200 back, or about $800 more than using another card.)

 

But as always of course before paying a fee, determine if the benefits are worthwhile to you!

Valued Contributor
Posts: 2,270
Registered: ‎07-23-2012
0

Re: Annual Fees on cards!!

in 2 years of history i havent paid any af. 

aside from my zync that will be due in september. ughh oh well. 

worth the backdating. 

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$6,400
Citi DC $10,000
Citizens Mastercard$7,000
Frequent Contributor
Posts: 487
Registered: ‎12-07-2012
0

Re: Annual Fees on cards!!


bs6054 wrote:

ilovelisa wrote:

There is no card out there I would be willing to pay an annual fee on.


That might be true for you, but obviously for some there are cards where it makes perfect sense to pay an annual fee (e.g. BCP last year, if you know that the grocery spend is big, this was a no brainer.  For $75, I got $1200 back, or about $800 more than using another card.)

 

But as always of course before paying a fee, determine if the benefits are worthwhile to you!


Geeez, how did you get back $1200, you must spend ALOT on groceries. 

Amex BCE $6,000 | BofA Power Rewards WMC $15,000 | Chase Freedom VS $10,000 | Chase Marriott Premier VS $5,000 | Citi Diamond Preferred $4,200 | DCU $4,300 | Discover It $3,900 | Local Bank MC $4,125 | Local CU Visa $3,500 | PenFed Platinum Rewards VS $9,000 | SallieMae Rewards $11,000
Established Contributor
Posts: 1,837
Registered: ‎08-20-2012
0

Re: Annual Fees on cards!!

+1

Valued Contributor
Posts: 1,524
Registered: ‎08-17-2008
0

Re: Annual Fees on cards!!

Most AF's are associated with rewards and some AF's are worth it IMO


$100K in Credit
Last Credit Card App: 11/16/13
Valued Contributor
Posts: 1,738
Registered: ‎08-13-2012
0

Re: Annual Fees on cards!!


bs6054 wrote:

ilovelisa wrote:

There is no card out there I would be willing to pay an annual fee on.


That might be true for you, but obviously for some there are cards where it makes perfect sense to pay an annual fee (e.g. BCP last year, if you know that the grocery spend is big, this was a no brainer.  For $75, I got $1200 back, or about $800 more than using another card.)

 

But as always of course before paying a fee, determine if the benefits are worthwhile to you!


You eat 5 meals a day ??? lol.......jk

It's a lot of cash back you earn last year buddie


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k

Frequent Contributor
Posts: 487
Registered: ‎12-07-2012
0

Re: Annual Fees on cards!!


chnceit wrote:

Most AF's are associated with rewards and some AF's are worth it IMO


Some, but certainly not cards like CapOne platinum, no rewards, with a $19 AF, and other cards like that.

Amex BCE $6,000 | BofA Power Rewards WMC $15,000 | Chase Freedom VS $10,000 | Chase Marriott Premier VS $5,000 | Citi Diamond Preferred $4,200 | DCU $4,300 | Discover It $3,900 | Local Bank MC $4,125 | Local CU Visa $3,500 | PenFed Platinum Rewards VS $9,000 | SallieMae Rewards $11,000
Contributor
Posts: 75
Registered: ‎11-12-2012
0

Re: Annual Fees on cards!!

really $1200? 

current cards
WM store
Cap1 platinum
WF secured
Amazon Chase :smileyhappy:
Gardening since 12/20/2012
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