Ask for Waiver of Credit Card Fee Before Canceling Account

Guest: angelo21
Post subject: Ask for Waiver of Credit Card Fee Before Canceling Account
Posted: Thu Jan 18, 2007 8:58 am

mouse wrote:
Joinarnold wrote:
I'm curious about something.

If you have a card that you don't use anymore...or want to get rid of because the card is about to ding you for the yearly fee...do you cancel your card?

I've read here that canceling cards isn't good. But what if you don't want to keep paying the yearly fee?

You can ask for a waiver of the fee or trade for a NO FEE CARD


I agree.

There is an old Spanish saying: "he that does not cry, doesn't nurse".

Call CS and get resolution.

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Guest: nobodyyouknow
Posted: Thu Jan 18, 2007 7:54 pm

i cancel all accounts i have no intention of using again.

If you have a long history (i.e., active accounts >10yrs. old) & good credit, it won't matter one bit. If you're lacking one or both of the above, keep them open.

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Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Thu Jan 18, 2007 7:56 pm

nobodyyouknow wrote:
i cancel all accounts i have no intention of using again.

If you have a long history (i.e., active accounts >10yrs. old) & good credit, it won't matter one bit. If you're lacking one or both of the above, keep them open.

WHAT EVER FLOATS YOUR BOAT...or SINKS IT

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Guest: NightStar
Board Monitor/ Administrator
Posted: Fri Jan 19, 2007 12:15 pm

If you end up canceling the card, then be sure to follow up in writing and keep a copy of the letter for your records.
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