I want my CC annual fee waived?

**shadow** · February 13th, 2013 08:50 AM

whether you have an existing installment or not, they will waive your annual fee as long as you've been a long time card holder and siyempre with good standing...

sa sobrrang dami and bilis na kumuha ng CC ngayon eh, napakawalang kwenta na ng CC...banks will try to keep you happy...takot lang nila lumipat ka sa iba...

and another thing with the advent of call centers, ang dami-dami na default now sa mga CC dahil hinde mabayaran ng mga agents.kaya they will always try to keep yun mga lumang card holders na matagal na...

if they accept your threat of cancellation then cancel it and get a new card from other banks...

hinde na katulad dati na having a CC is a status symbol..wala ng kwenta CC ngayon. its just another junk in your wallet.

kahit sa mga banks where you have your accounts, wala rin ako kabilib bilib sa mga yan, gamitan lang yan. if they know you have the money and nakadeposit sa kanila para kang hari, but kung wala kang pera or ordinary depositors ka eh parang utang na loob mo pa na tinatangap nila yun pera mo...

kaya always put it in your brains na mas kailangan ka ng banko kesa kailangan mo sila, unless of course you needed to get a loan...then that;s a different story, pero kahit sa pag loan...bias din mga yan.

when I was younger and starting, ayaw ko mag CC but my dad told me then that having a card was a sign of good credit standing lalo na kung meron kang ka meeting na client or something for business, pangit nga naman tingnan na na after a business meeting eh cash ang ibabayad mo sa resto or kahit saan...parng walang kang credibility.

but now...pucha! CC is nothing... kahit Gold CC now is nothing...platinum wala na rin kwenta..pautot lang ng mga banks to pry you to pay higher annual fees.

yeah, monthly interest would be lower for the golds, platinum and other fancy precious metals they call their CCs. but if you always pay the full amount walang kwenta yan, rewards is better but come on...paminsan-minsan lang yan...kailangan mo pang brasuhin para bigyan ka...

maganda lang CC pang nag travel ka abroad.

kung ayaw nila i-waive cancel ang lipat sa iba.

I remebered dati uso PSP, meron ka makukuha sa HSBC...walanghiya nagtanong ako at nakakuha naman pero ang catch sa HK pa i claim, nagpa claim pa ako sa kapatid ng kaibigan ko sa HK then pinadala dito...

tapos CATS play sa citibank sila sponsor, kailangan pang humungi kung hinde mo tatanungin hinde ka bibigyan...

pero pinakasulit yun HSBC sa travel points which tinigil na nila dahil mautak mga pinoy....chop-chop ang bayad..my cousin got a 15 seats 2 way free flights * to US and Japan...kaya yun pamliya niya 3X pumunta ng japan and US 2 years ago

**ZENMasterTYL** · February 13th, 2013 09:03 AM

Originally Posted by shadow

kung ayaw nila i-waive cancel ang lipat sa iba.

+1000

**CVT** · February 13th, 2013 09:09 AM

Originally Posted by shadow

whether you have an existing installment or not, they will waive your annual fee as long as you've been a long time card holder and siyempre with good standing...

sa sobrrang dami and bilis na kumuha ng CC ngayon eh, napakawalang kwenta na ng CC...banks will try to keep you happy...takot lang nila lumipat ka sa iba...

and another thing with the advent of call centers, ang dami-dami na default now sa mga CC dahil hinde mabayaran ng mga agents.kaya they will always try to keep yun mga lumang card holders na matagal na...

if they accept your threat of cancellation then cancel it and get a new card from other banks...

hinde na katulad dati na having a CC is a status symbol..wala ng kwenta CC ngayon. its just another junk in your wallet.

kahit sa mga banks where you have your accounts, wala rin ako kabilib bilib sa mga yan, gamitan lang yan. if they know you have the money and nakadeposit sa kanila para kang hari, but kung wala kang pera or ordinary depositors ka eh parang utang na loob mo pa na tinatangap nila yun pera mo...

kaya always put it in your brains na mas kailangan ka ng banko kesa kailangan mo sila, unless of course you needed to get a loan...then that;s a different story, pero kahit sa pag loan...bias din mga yan.

when I was younger and starting, ayaw ko mag CC but my dad told me then that having a card was a sign of good credit standing lalo na kung meron kang ka meeting na client or something for business, pangit nga naman tingnan na na after a business meeting eh cash ang ibabayad mo sa resto or kahit saan...parng walang kang credibility.

but now...pucha! CC is nothing... kahit Gold CC now is nothing...platinum wala na rin kwenta..pautot lang ng mga banks to pry you to pay higher annual fees.

yeah, monthly interest would be lower for the golds, platinum and other fancy precious metals they call their CCs. but if you always pay the full amount walang kwenta yan, rewards is better but come on...paminsan-minsan lang yan...kailangan mo pang brasuhin para bigyan ka...

maganda lang CC pang nag travel ka abroad.

kung ayaw nila i-waive cancel ang lipat sa iba.

I remebered dati uso PSP, meron ka makukuha sa HSBC...walanghiya nagtanong ako at nakakuha naman pero ang catch sa HK pa i claim, nagpa claim pa ako sa kapatid ng kaibigan ko sa HK then pinadala dito...

tapos CATS play sa citibank sila sponsor, kailangan pang humungi kung hinde mo tatanungin hinde ka bibigyan...

pero pinakasulit yun HSBC sa travel points which tinigil na nila dahil mautak mga pinoy....chop-chop ang bayad..my cousin got a 15 seats 2 way free flights * to US and Japan...kaya yun pamliya niya 3X pumunta ng japan and US 2 years ago

Originally Posted by CVT

Citibank din,- matigas.... Some years ago,- nag-threaten ako na ika-cancel ko ang card ko kapag hindi nila ini-waive ang annual fee.... Ayun,- na-cancel nga... Dalawang beses nangyari sa akin iyon.... :hysterical:

Pero ngayon, okay na...(ginagamit kong reference si bro.shadow....

)

18.1K:rant:

O, sabi ko na sa inyo,- gamitin ninyong reference si bro.shadow,- panigurado,- waive ang annual fee ninyo....

18.1K:rant:

**fourtheboys96** · February 13th, 2013 09:23 AM

Originally Posted by CVT

O, sabi ko na sa inyo,- gamitin ninyong reference si bro.shadow,- panigurado,- waive ang annual fee ninyo....

18.1K:rant:

yan din advice ko kay esmi. meron siyang standard chartered CC na for the past decade na niya ginagamit. walang mintis ang misis ko sa pagbabayad kung anu man dapat bayaran. tapos nung mag request na taasan yung Php30K limit, ayaw pumayag. tapos singil ng singil ng annual fee.sabi ko sa susunod na hingan siya annual fee, tawagan niya at ipa-cancel na lang.

**testament11** · February 13th, 2013 09:24 AM

Originally Posted by shadow

but now...pucha! CC is nothing... kahit Gold CC now is nothing...platinum wala na rin kwenta..pautot lang ng mga banks to pry you to pay higher annual fees.

yeah, monthly interest would be lower for the golds, platinum and other fancy precious metals they call their CCs. but if you always pay the full amount walang kwenta yan, rewards is better but come on...paminsan-minsan lang yan...kailangan mo pang brasuhin para bigyan ka...

Well oo. Parang common na talaga, kahit yun mga higher CC levels. Example nalang nga eh ako. Wala akong kamalay-malay na magkakaroon ako ng isang gold CC from BDO. Eh wala nga akong ni fill-up na application form eh. Its just that yun FM namin ay under loan sa kanila for 2 years. Pero hindi ko iniisip na magkakaroon talaga ako.

With regards sa reward, sus, ang barat naman nila kasi magbigay ng points kaya nga sabi ko sa isang post ko dito, ang reward points is only secondary, if not least priority on acquiring a CC.

Tsaka may kamahalan annual fee ng gold card ko. Ewan ko pero parang mahal ata sa 2.4k? Though next year or sometime later this year pa naman...

**Horsepower** · February 13th, 2013 09:30 AM

Mine is BPI (both cards).

I just ask them nicely if they can waive my annual fee. For the past years, ok naman. Normally naman sa mga CSR, madali kausap lalo na pag female.

Citibank was offering me a card before (for me and my wife) kaso I heard horror stories about them like ghost transactions, rude CSRs etc. So, I declined.

**_Cathy_** · February 13th, 2013 10:19 AM

Originally Posted by shadow

but now...pucha! CC is nothing... kahit Gold CC now is nothing...platinum wala na rin kwenta..pautot lang ng mga banks to pry you to pay higher annual fees.

yeah, monthly interest would be lower for the golds, platinum and other fancy precious metals they call their CCs. but if you always pay the full amount walang kwenta yan, rewards is better but come on...paminsan-minsan lang yan...kailangan mo pang brasuhin para bigyan ka...

This is so true! I was offered an upgrade on my card to Platinum but I refused this because the AF was P5000 relative to Gold which was only P2500. The only perks were triple the miles, 5% (instead of 3% rebate on gas) and lower interest rate. The cost of the AF is not enough to offset the perks since I also pay my balance in full. I only maintain one Gold para sa proof of financial capacity, the rest are regular cards and I always request for a 25k credit limit so if the card gets stolen or hacked, not much could be charged.

I call lang to request for waiver of annual fee. The most that I had was 70% discount on AF with Citibank. My monthly purchases are not so high and I pay it in full so they don't earn too much from me unlike from revolvers.

**boybi** · February 13th, 2013 10:24 AM

Never pa akong nagbayad ng annual fee, nor any other fee sa mga CC. There were times na nakakalimutan magbayad, tapos may sa next bill may kasama ng late payment and finance charge, waived din naman.

Pag ayaw ng CSR na iwaive mga fees, tawag nalang sa manager ng bank

Sa dami ng naririnig or nababasa kong horror stories sa citibank cc, so far, wala pa naman kaming bad experience sa kanila. Kung mahilig kayong mag-accumulate ng points/miles, I think citibank pinaka-OK. hindi nageexpire miles nila, and pwede gamitin sa halos lahat ng frequent flyer programs.

the best naman sa mga promos is metrobank platinum. palaging may 50% off promos sa mga highend restaurants.

next is BDO Amex, daming freebies sa mga restos.

**boybi** · February 13th, 2013 10:28 AM

Originally Posted by Cathy_for_you

I always request for a 25k credit limit so if the card gets stolen or hacked, not much could be charged.

You can always file for a dispute with the CC company. 2 of my cards were hacked last december nung ginamit ng anak ko to purchase some online game items. The disputed charges were already reversed in my last billing statement.

Btw, what credit cards ba ang may rebates sa gas?

**vinj** · February 13th, 2013 10:31 AM

Originally Posted by boybi

Btw, what credit cards ba ang may rebates sa gas?

HSBC - Caltex
BPI Petron, BPI Toyota - Petron
Citibank - Shell

I only have two credit cards and so far my requests for waiver have always been granted. Once they did not want to so i politely asked them to cancel it, and suddenly nag-uturn na yung rep na kausap ko.