Juniper/Barclays Bank Credit Card

[redwingsfan]

I just received a notice, that based on my credit bureau, I will now be charged an annual fee of $49.00, but will be given a 1% rewards program.  Had the account 2+ years, perfect payment record, and now I get this.  Can they do this?

[KIPPIE12]

I also have the Juni Visa for almost 2.5 years now.  Haven't heard or seen anything like that  yet from them.  Doesn't really sound like a negative, just another way to  charge an A/F, but offering something in return. Has your reports changed recently?  Some banks are now charging A/F's with nothing in return, but it seems like they are.  Maybe the rewards will  offset the fee?  I'll be checking my mailbox.

Maybe someone else can answer this.......

[redwingsfan]

There is nothing new on my bureau.  In fact my scores are higher now than they were when I got the card.  Just another way to generate revenue.  I didn't know they could do this!!

[KIPPIE12]

I would give them a call.  Maybe they are product switching you to another card brand.  Let us know how that goes, but i don't like the AF part, and would expect something special to offset that fee.

[android01]

The banks are going to try and find any way they can to raise fees now that the government is going to limit the interchange charges on debit cards.  I expect we'll be seeing many posts with similar stories.  

[slarano]

Request that they waive your annual fee. If they don't budge, close the card if you can.