Can you ask credit card to waive annual fee?
Can you ask credit card to waive annual fee? Contact your card issuer The number can usually be found on the back of your card or on your monthly statement. Politely explain that you would like to have your annual fee waived. Explain your history as a reliable customer and emphasize that you would like to remain one. In the best case, they might simply say yes.
Why is Amex annual fee so high?
The main reason why Amex cards are so expensive is that many American Express credit cards offer generous rewards rates and high-end perks, which warrant steep annual fees.
Can you ask Amex to waive annual fee?
American Express ??cardholder??s can start by calling the customer service phone number on the back of their card, or the American Express retention department at 888-452-3945. Let the representative know you are considering canceling the card and would like to know if there is any way they can waive the annual fee.
Who gets Amex annual fee waived?
You can get the annual fee waived on The Platinum Card® from American Express exclusively for Morgan Stanley* if you have an eligible Morgan Stanley investment account and one of Morgan Stanley's Platinum CashPlus accounts (those also come with unlimited ATM fee rebates and they're FDIC-insured).
Is 3 credit cards too many?
If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.