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How much do you spend on CC annual fees? (total)

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Anonymous
Not applicable

Re: How much do you spend on CC annual fees? (total)

$0
Amex PRG will be closed in a few days. I just don't travel enough nor spend enough to take advantage of these cards with AFs.
Message 61 of 80
Loquat
Moderator Emeritus

Re: How much do you spend on CC annual fees? (total)

Just canceled Platinum and PRG before annual fee hit.  Keeping Ritz, Venture, Alaska Airline, and SPG.  

Message 62 of 80
Anonymous
Not applicable

Re: How much do you spend on CC annual fees? (total)

$0 or Zero Dollars I never pay to keep a credit card.

Message 63 of 80
acciofirebolt
Contributor

Re: How much do you spend on CC annual fees? (total)

Currently 0 but next year it'll be $190 for Citi TY Permier and SPG. That might change though depending on if I want to upgrade my BCE to BCP, I don't shop for groceries much but on the occassions when I do, I typically spend quite a bit.

Message 64 of 80
Anonymous
Not applicable

Re: How much do you spend on CC annual fees? (total)


@Anonymous wrote:

$0 or Zero Dollars I never pay to keep a credit card.


Fine, but this can also be expressed as the less sensible "I am never willing to invest money to make more money"

 

Now there are certainly people who wouldn't get any advantage from having a card with an AF, but, IMO, expressing it as above like a virture is almost missing the point of these cards.

Message 65 of 80
AndySoCal
Senior Contributor

Re: How much do you spend on CC annual fees? (total)

Nothing at all. Any card that decides to charge me an annual fee will be closed in a heart beat.

 

FICO Scores XPN v8 805 V2 831 (SDFCU) TUC V 8 800 07/25 EFX Bankcard v8 822 EFX FIC0 v8 808 Vantage score 4.0 817 via JC Penney
JC Penney 10/2008 4,700 US Bank Cash 08/2010 12,000 Citibank Custom Cash 5/2015 14,100, State Dept. FCU 06/2023 30,000 02/2024 Redstone FCU Signature VISA 10,000 08/23/2024 Commonwealth Credit Union 15000 07/25 Walmart One 5000 12/04/25
Banks and Credit Unions: Lafayette FCU Fortera FCU State Department FCU Redstone FCU Hughes FCU Commonwealth FCU Veridian Credit Union Utah Community Credit Union
My personal blacklist Axos Bank, Bank of America, Synchrony Bank Capital One TD Bank BMO Langley FCU Paypal
Message 66 of 80
Anonymous
Not applicable

Re: How much do you spend on CC annual fees? (total)


@AndySoCal wrote:

Nothing at all. Any card that decides to charge me an annual fee will be closed in a heart beat.

 


Regardless of the value proposition?

 

Sorry, I still don't get why people think that way!

Message 67 of 80
Anonymous
Not applicable

Re: How much do you spend on CC annual fees? (total)


@Anonymous wrote:

@AndySoCal wrote:

Nothing at all. Any card that decides to charge me an annual fee will be closed in a heart beat.

 


Regardless of the value proposition?

 

Sorry, I still don't get why people think that way!


I I have seen this also and fail to understand.  We got back from Amex BCP $360  from the grocery part alone. Plus atleast $60 on gas.  And finally $100 plus on Amex offers. The Amex offers alone paid the $95 fee.  If we had just used the Amex  blue cash regular we would have left over $200 on the table. The offers for Amex plain on our account are not always the same on BCP so some of that would have been  left also 

 

Unrelated to this we have an employee who will not spend $100 on a professional designation plus the $25/monthly association membership fee even though this will raise her pay over $5,000 per year. She simply wont spend the money.  

Message 68 of 80
Anonymous
Not applicable

Re: How much do you spend on CC annual fees? (total)

$95 because I have an illogical attachment to my Delta Gold AMEX - should downgrade to Blue but I don't. 

Message 69 of 80
wasCB14
Super Contributor

Re: How much do you spend on CC annual fees? (total)


@Anonymous wrote:

$95 because I have an illogical attachment to my Delta Gold AMEX - should downgrade to Blue but I don't. 


Don't fly enough? Don't check a bag? Have status?

Personal spend: Amex Gold, Amex Schwab Plat., BofA PR+CCR(x2), Costco
Business use: Amex Bus. Plat., BBP, Lowes Amex AU, CFU AU
Perks: Delta Plat., United Explorer, IHG49, Hyatt, "Old SPG"
Mostly SD: Freedom Flex, Freedom, Arrival
Upgrade/Downgrade games: ED, BCE
SUB chasing: AA Platinum Select
Message 70 of 80
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