A reader named Becky emailed me yesterday:
Just wanted to say thanks for inspiring me to get my $95 annual credit card fee waived tonight. I remembered reading one of your previous entries about asking your bank (or credit card company) nicely for these types of things. I just got an AMEX and I asked if they’d waive my fee the first year…I think for $95, the 1 minute I spent on hold was worth it.
Of course, most people shouldn’t even pay an annual fee on their credit card. But if you spend enough to justify it, you can often get it waived by using the same principles I use when negotiating my bank overdraft fees.
Leave me a comment and let me know how it goes for you.