I hate to pay most annual fees on credit cards and I am sure you do too. Now there are some cards I don’t mind, like my DELTA AMEX RESERVE card for $450 for all I get for it. But others, if I cannot get a retention bonus like I blogged about here, I will either downgrade to a no-fee card or just cancel.
My annual fee just came up for my Capital One Venture card from the sweet 100,000 point new card offer from last year for myself and my wife. So we just called today and, after pleading our case that the fee is too high, both had the fee for this year and guess what, full credit for one more year – so 2 calls and $118 saved!
Do you take the time to call for either a retention bonus offer or the annual fee waved on all your travel cards? – René