kdm31091 wrote:I agree with the sentiments above. At the end of the day, it's a card with annual fee, and the fee is charged in accordance with the benefits. The simplest way to avoid the fee is to either not sign up to begin with or to cancel the card.
Retention offers can happen but it's not just a matter of calling and asking and boom the fee is gone. If it were that simple, there'd be much less point in them charging the fee to begin with. People who are spending many thousands of dollars every month have a better chance of a waiver vs just "everyday users", IMO. Ultimately, the banks really don't care much about us "everyday users". If you aren't spending tons and tons of money and/or have a lot of assets held at a bank, they really could care less if you stay or go. Sad maybe, but true.
The best practice when signing up for a card is to fully anticipate paying the fee. If you can call and get it waived at some point, great, but don't expect it.
...not to mention, the people spending thousands of dollars a month on the card don't need (and probably don't care) if they waive the annual fee or not. But, I agree, the banks could give a shit if we stay or go.