No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Just got the gold card and they billed the annual fee within the first statement. Is there anyway to waive that fee? I was told by one rep it's
"non-negotiable," but really doubt it.
I have great history with AMEX but would like to know if anyone has had any success in getting it waived on a new card?
@98Supra wrote:Just got the gold card and they billed the annual fee within the first statement. Is there anyway to waive that fee? I was told by one rep it's
"non-negotiable," but really doubt it.
I have great history with AMEX but would like to know if anyone has had any success in getting it waived on a new card?
I have to ask...so you applied fully knowing there was AF, but were hoping you'd get them to waive it after the approval?
No, I don't mind paying it. Just didn't know it was billed the first year, all my other cards bill it on the second year.
To first post, thank you for the info, guess I will just pay it.
Gotta read the terms when signing up.. Probably could cancel it if you dont want to pay it if you just got it and get a refund, but certainly won't help a relationship you might want in the future with AMEX.. Best of luck either way how you decide to move forward. I got the gold card recently again with no sign up bonus as have had it before, but was worth it with the restructuring of their rewards. As always everyones scenarios vary.
The fee is what it is, and isn't negotiable. There have been offers in the past with first year waived, but unless you apply under a specific offer, the fee is charged usually on the first statement.
Of course if you truly don't want to pay the fee, you could cancel the card and (I think) get a refund, but you run the risk of souring your history with Amex. So I would just pay it and enjoy the benefits, try it out for a year, and if it doesn't make sense, cancel at that time.
I don't know specifics with the Gold product, but banks will sometimes give retention offers to help offset a fee, but this would not be immediately after approval, more like after a year when the fee comes due again.
Been a continuous Gold Card member since 1980, I've asked various times about waiving the fee, they won't do it. That's their policy.
@98Supra wrote:No, I don't mind paying it. Just didn't know it was billed the first year, all my other cards bill it on the second year.
To first post, thank you for the info, guess I will just pay it.
Many cards offer the first year free, but not this one.
As a general rule, if the fee is above $100, it's not waived the first year. Make sure you check the terms when you apply. They're usually pretty clear about that up front.