Waive off credit card annual fee- how to do it?
Credit card companies may read out a long script if anyone questions about charging annual fee on the credit cards. Reasons can be elaborated by the companies but real intention is to make sure that everybody with a credit card account may use the cards as if the country has problem by using credit cards.
Good news for the users who have more than two cards, one being rewards card and another one no annual fee card. In su case, users may get out of paying annual fee. In case you have not get the annual fee waived off, better you pay instantly to avoid further problems in future. As we can see that America is terribly upset for hiding the truth and business people for not revealing the facts. So also, let us raise ourselves to such standards.
To be more clear and considering the above facts, you must have a clean credit card history with a record of on time payment of all credit card bills and no over-limit charges at any point of time. It means your record with credit card companies is spic and span.
In case you do not want to part with the existing two cards, better you opt for another card before calling.
Now, you can confidently contact the credit card company with well spoken conversation. Follow the famous sayings of Dale Carnegie and remember that with a friendly interaction, you can always win over others.
Impress the person that you have been getting the best services and rates and useful for qualifying for other cards. In case annual fee can not be waived off, you may have to shift to another card which is ready to issue without charging annual fee.
During the interaction with the representative of your credit card company, you can casually bring forth that you have noticed annual fee and would like to know the reasons. After hearing answer from the representative, you can further mention that you have noticed that similar companies are providing cards without annual fee. Now, you may enquire politely whether any possibility of obtaining credit card without annual fee.
The representative may put forth two options- one may be that since you have an excellent credit history, annual fee will be waived off for this year or he may bluff to refer your card to ‘cancellation department’. If the second option happens, you may say yes because that is usually a bluff on their part.
Quite often, representatives may say that they have nothing to do with this or may waive off after negotiation across the table. If it doesn’t happen and the fellow is still stubborn and saying that you are valued customer, option left for you is cancellation of card.
Most experienced card holders made a trail of this and succeeded in the effort. Since there is no proper reason or justification for paying annual fee, anyone can directly call the concerned and discuss the matter with the representative and request for waive off of annual fee.
A good deal more content regarding no annual fee credit and apr credit
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