A retention offer on a credit card can be the difference between keeping and canceling a card
I was offered $50 for my loyalty on a $0 annual fee card!
In one call to a bank, I got the annual fee on one credit card card waived and obtained approval for a new credit card application!
Hang Up Call Again is a simple but useful acronym
When a renewal fee hits, even if you have a credit card that you want to keep, call and see what offers exist for you to keep the card. I just received retention offers for both the Hyatt and the Starwood cards – I felt like I’d won a trophy!
I thought that phoning Barclay Bank to request a waiver of the $89 annual fee might be futile in light of the 15,000 bonus mile spend offer I’d recently received, but I was wrong!
The honeymoon is over. I’ve had the credit card fee-free for one year. I’ve earned bonus points. It’s the time of reckoning. The bill has arrived – Do I pay the renewal fee and keep the card or cancel it?
Sometimes I’d like to cancel most of my credit cards and be like the “normal folks” out there. Only be concerned with one or two credit card bills a month – always know when I’ve paid (instead of going through all of them every few days), and that would be that. I could sleep at … Read More