Just a generic piece of life advice here: you can call up your credit card company and get the annual fee waved, for degrees of difficulty generally south of e.g. getting a bank to waive an overdraft fee. They want their plastic in your wallet if you have a premium card; the most direct incentive is interchange and/or interest and the other one is "We probabilistically pay $X00 [+] to find a new customer of uncertain quality; this bird-in-the-hand is of known quality; let's keep them happy."
[+] Cost of customer acquisition in credit cards is $250 on the low end.
> Just a generic piece of life advice here: you can call up your credit card company and get the annual fee waved, for degrees of difficulty generally south of e.g. getting a bank to waive an overdraft fee.
Interesting. Would you consider it feasible to do so for a card you don't have yet (i.e. obtaining a new card without its associated annual fee), or would you only consider that plausible as an existing customer of such a card?
And does that apply to the large vendors (such as Amex or Chase), or only to smaller ones?
Most people who do it call after they're already using the card. The waivers are generally one-off but some people get a one-off waiver like clockwork every year they ask for it.
I am unaware of any CC issuer in the US of any size or segment which, as a matter of policy, refuses all requests of this matter. It comes down to policies and often a judgment call by a line cSR.
[+] Cost of customer acquisition in credit cards is $250 on the low end.