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Citibank Will Waive My $95 Membership Fee If I Make 5 Purchases

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Apply for the Citi/AAdvantage Platinum Select World Elite MasterCard Here

 

As you know, many times the reason I apply for certain cards is because of lucrative sign-up bonuses.  Once I meet the spend requirements for the bonus, I usually retire the card into a drawer, not to be taken out again unless there is some other incentive associated with the card.

Learn More About American Airlines AAdvantage Program Here
Learn More About American Airlines AAdvantage Program Here

So what do I do when a bill comes for the annual fee?  I call the bank and ask them to waive the fee of course.  A bank like Chase always says no and I am forced to cancel certain cards to avoid paying the fee.  Don’t forget, canceling a card has a small impact on your credit score as long as other positive financial factors are in place. You can read about the effect of canceling a card on your credit score here.

But Citibank is another story.  I just got the bill for the $95 annual fee for my Citi/AAdvantage Platinum Select World Elite Mastercard.  I called yesterday and told them I did not want to pay the fee.  Citibank did not want to lose me as a customer, despite the fact I rarely use the card.  They made me an offer in which I need to use the card for 5 purchases of $20 or more over the next 3 months.   If I do this, Citibank will credit the $95 fee. (I need to first pay the fee).  I happily accepted.  Its a Win-Win!

K. Roth
... I saved $700 in annual fees and scored 120,000 worth of bonus points. I also got $100 off a pair of fancy headphones and $200 worth of airline gift cards. ....
D. Cohen
I am obsessed with Cindy "The Points Mom". Today she saved me 100,000 points and $1500 booking a flight...
M. Bernaducci
A huge shout out to CINDY GREENSTEIN, aka The Points Mom, for helping me book our flights to Greece using points. Money wise it would have cost $12k. I learned so much from her! Contact her. You will not be disappointed.

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