- Centurion Member
- Posts: 107
- Joined: Thu Mar 29, 2012 7:55 am
- Location: Atlanta, GA
Waiving or refusing to pay annual fees seems like a lot of energy for a rather small battle. I have two Amex's with annual fees. I have the Gold PR and the Blue Cash Preferred, so each year I pay $250 in annual fees. I probably get $300-400 of rewards for my gold PR, and I make back about $500 from my Blue Cash, so I pay $250 and I get a minimum of $800 in rewards. Plus, I get two wonderful cards that have amazing Customer Service, which you can't put a price on in my experience. I pay roughly $21 a month in annual fees for two incredible cards. It's well worth the money when you're not dealing with predetory banks. Granted, I won't be opening 5 cards with annual fees or pay for annual fee for a card I rarely use.
If you're fretting about paying annual fees, really consider the time and what benefit you get from the annual fee both rewards and benefits of that card.
American Express '02: Platinum, Blue Cash Preferred 6k, SPG 2k, Delta Gold 1k
Barclaycard '11: Apple Financing Card 2.5k
Citi: Diamond Rewards 1.5k
Chase: Freedom 500
Discover '12: Discover IT 1.5k