I have one of the now non-existent Chase Ink Bold charge cards that I applied for last year. The first year had the annual fee waived, so now that it’s June a year later, I saw the $95 fee hit on my statement.
- 5x Ultimate Rewards points at office supply stores
- 2x Ultimate Rewards points at hotels and gas stations
- Get 20% off airfare, hotels, car rentals and cruises when you redeem your points through Chase Ultimate Rewards. For example, a $625 flight requires just 50,000 points.
Not wanting to pay the $95 annual fee, I called in and asked what could be done. Interestingly, just a few seconds later, the representative said she’d be giving me a $95 statement credit (thus, waiving the annual fee) within 1-2 billing cycles. Awesome! Easy, and I didn’t have to do any prompting. It’s worth noting that I inquired whether another opportunities were available, and did not receive any other options. The only “retention offer” for me was to do the $95 statement credit.
I’m really happy at getting the fee waived, which is what I had in mind when I called. So, I got what was in my mind, and allows me to use this card fee-free for at least another year.
If your annual fee is coming due, it’s worth it to call in and ask for this waiver. FYI – My spending on this card is typically around $5,000 a month – a mix between legitimate travel purchases and office supply visits.
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