I got this credit card(a secured one) a lil more than a year ago from my bank.I was new to the CC world back then, and didn't mind paying a $29(annual fee)to get my credit history started.Lil did I know that after a year,when my service would be upgraded(i.e move from a secured to unsecured,with the bank refunding my initial deposit) my annual fee would still cling on.
Obviously, I don't want to pay this annual fee when I am getting so many better offers with no annual fee these days. The bank has also clearly stated that if I contact them soon to have this canceled,I wouldn't have to pay this fee.However, the thing about "closing a good standing ,especially the oldest card isn't good" is ringing in my head.what should I do?give me a better idea to negotiate with my bank
2007-10-09
11:16:46
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4 answers
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asked by
tenzin
1
in
Credit