Established Contributor
Posts: 731
Registered: ‎02-15-2012
Re: From Capital One $500 limit to American Express

twelfthjoe2 wrote:

webhopper wrote:
Congrats! Great card to have! Do they waive the fee for the first year?

I have not yet been charged the $450 fee and today was the first closing date. Maybe it will go on tonight or tomorrow. I'll post back ether way.


Annual fees usually post when the statement is generated, not simply on the closing date.  If today is the closing date, your statement will probably be generated tomorrow afternoon-ish and your annual fee will post then.  Amex almost never waives the Platinum's annual fee for the first year, it would have to be a targeted offer for that.

FICOs (2/24/12): EX 752, EQ 740
Chase Sapphire Preferred, Freedom; American Express PR Gold, Blue Cash Everyday