Note that while you can close a card via secure message or chat without having to call up, typically if you call up, the retentions department may offer to waive the fee for another year or give you miles to keep the card. Even if they don’t do that, many cards can be downgraded to a free version and you’ll get a refund of the annual fee. You typically have between 30 and 60 days from when an annual fee is billed to have it refunded if you close a card though some people have had success getting a fee refunded by cancelling a card for up to 6 months after being billed. … [Read more...] about Building Credit And Credit Card FAQs: Your Questions Answered
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Frankly AMEX dispute resolution may be too good. I had one person dispute the $13 they paid for on an AMEX to attend a DansDeals seminar (the full proceeds of which were donated to charity). When I asked the attendee why they disputed the charge they said that they just didn’t recognize the charge, so they disputed it. He called AMEX right away to drop the dispute, but by that point it was too late and they refunded him the money and I got hit with a chargeback fee on money I had already donated. … [Read more...] about Just How Amazing Are AMEX Credit Card Protections?
Chaikel and DoC point to rumors that among other potential changes, the cards will lose their signup offer of 0% intro APR on purchases and balance transfers for the first 12 months that the card is open. It’s not surprising to see that offer go away in an era of rising interest rates. … [Read more...] about Rumor: Changes Coming To The Lucrative Chase Ink Card Offers Tomorrow
However, it’s important to note that business cards from most banks, including Chase business cards, do not get added to your 5/24 count of recently opened cards. That’s because business cards from most banks don’t show up on your personal credit report and the 5/24 count is based off of your personal credit report. That means that applying for these cards won’t “hurt” your 5/24 count. … [Read more...] about Rumor: Changes Coming To The Lucrative Chase Ink Card Offers
Ironically, I think the United Explorer card is still the best co-branded airline card and is a must have for United flyers. The Club card can still make sense if you need the club membership and don’t care about the new restrictions or if you need the extra free checked bags a few times per year, but the case for keeping the United Club card is worse than ever. … [Read more...] about Here’s How United Transformed Their Premium Club Card From Hero To Zero; The Worst Credit Card Devaluation Of All Time?
Several services popped up that managed to quickly kill this widespread benefit as they automated the price drop claims process, which wound up costing the credit card issuers a fortune. Clearly they never heard of the PGFHGS (pigs get fat, hogs get slaughtered) mantra that is part of DDF culture. … [Read more...] about Which Credit Cards Still Offer Price Drop Protection?