Avoid Credit Card Annual Fees: Just Charge $2,400 Per Year :(:(

Discussion in 'Et Cetera, Et Cetera' started by B_Marius567, Feb 16, 2010.

  1. B_Marius567

    B_Marius567 New Member

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    Avoid Credit Card Annual Fees: Just Charge $2,400 Per Year :(:(
    Citibank wants me to pay 60.00 a year or put 2.400 on my citi card a year :(
    I have to pay 60.00 a year for a card I never use!!!!
    I guess my only options are to pay the $60 fee for a card or cancel the account.
    cards affected, including:
    • Citi AT&T Universal Card
    • Citi Diamond Preferred Rewards Mastercard
    • Citi Dividend World Mastercard
    • Citi Dividend AMEX Card
    • Citi Drivers Edge Card
    • Citi Home Rebate Mastercard
    • Citi mtvU Student Card
    • Citi Platinum Select Mastercard
     
    #1 B_Marius567, Feb 16, 2010
    Last edited: Feb 16, 2010
  2. williewanker

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    If you don't spend more than $2,400 a year on your credit card, there's absolutely no reason you need one that has an annual fee. Cancel the card and get a card more suited to your purposes with no annual fee.
     
  3. lucky8

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    Well if you don't use it just close the account. Personally I think it's utter bullshit that closing an account harms your credit, but I'd rather ding my credit a couple points than be forced to pay money for a piece of plastic sitting in my wallet.

    Credit card companies deserve everything coming to them. Right now their margins are insane. Charging 24% interest while the rate they borrow at is lower than ever. And let's not forget about the ridiculous fees. I would not be upset one iota if Citi had failed...that company is the biggest plague on our banking sector and should be dismantled. "Too big to fail" means too big for America. Poor managment and no ethics, bad combination
     
  4. b.c.

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    Yeah, FUCK Citibank too. I have a buddy who's catching hell from them for something they fucked up. Think twice and read the fine print!
     
  5. B_Marius567

    B_Marius567 New Member

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    I will just cut back on my spending so I will have money to pay for it :(
     
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