Originally Posted by Koolau
If suddenly your Discover or Visa (now "free") starts charging annual fees but with no "perks", will you still be OK with that? I won't. I'll either beat them at their silly game or cost them 10 times as much as they gouge me. Wonder what it would cost them if I call up every day and complain for half an hour? Wonder what it will cost them if I dispute every charge on my card - one charge per call? Sorry, it's just my policy, nothing personal, heh, heh.
My Marriott Rewards Visa was previously a no-fee card; I opted into a Marriott Rewards Visa annual fee-based card because it seemed a better deal to me than the no-fee Marriott Rewards Visa. I have several no-fee cards that I use sparingly -- just to keep them open. My point is that several people are just getting totally turned off by the fee-based cards without fully appreciating benefits that affinity relationship, fee-based cards might offer, like a points-driven program. Some fee based cards are not very good deals, but there are some which I prefer over no-fee cards because of the affinity relationship with a points program or generous rebates like Costco or Chase-Marriott Rewards, Signature Card. For my needs, I'll take these cards over no fee, rebate cards,