divea wrote:I don't know why people are paying annual fees for the Visa Black and all these things when they don't even give you any real benefits.
Some of those cards give you great benefits IF you can use them. It is very easy to get your money's worth. But if you can't use teh benefits then you are right it does not make sense.
I have a Visa Signature card that is platinum or something like that. I pay an annual fee but I get a free airline ticket for that. I pay about $150 a year and the ticket is a free companion ticket for anywhere in the US. If I can use that it is worth at least $300 and often around $600. This is in addition to miles and other things I get. I have had this card for 13+ years and have gotten free trips in business class to Australia and several times to Europs all without ever paying a dime in interest. It has easily paid for itself.
BUT...because I am too busy with work and other stuff now I will probably ditch it in favor of a card that gives different benefits.
I don't have any argument with what you said about annual fees in general but I have personally found that you get much better perks if you are willing to pay one.
If you live near a big metropolitan area and socialize a lot some of those cards can get you good tickets, discounts, etc. Again, it's not for me where I live and maybe not for you. But it can be worth it for many people.