Will you pledge to stop doing business with any credit card which institutes an annual fee?

[Faryn Balyncd]

Perhaps these bankers would benefit from receiving a few million telephone calls to their Customer Service lines from paying customers who inform them that their business will immediately cease if they choose to institute such fees.

[michreject]

1. No

You would have to pay it off or have a outstanding debt when applying for a new card.

[spoony]

2. Is there a list of them?

I'd be more than happy to dump such sleazy companies.

[Uben]

3. Yes

I do not need credit, so I damned sure am not going to pay for the priviledge of having it. I have exellent credit as a result of my actions, not theirs!

[Blue_Tires]

4. i would eventually...

[T Wolf]

5. ALready cancelled one card that pulled this shit. "Warning" the other two (Visa & Disc)

also sounds like a good idea.

There MUST BE consequences for actions, or we get more rethug policies put in place.

[peace frog]

6. Amex has charged an annual fee

every year for the 23 years I've had the card. However they DO remove the fee when I request it, particularly when I remind them of how much money I make for them every year. Works like a charm.

[dixiegrrrrl]

7. I pay a small fee for a local bank card. Interest rate has never changed.

20.00 a year, 9.9% interest ( I never have a balance).
Have had the card since 1995. Any problems, I call the bank here in town.
Use it for online purchases.
So, for that, I have no objections.
My Citi card, OTOH, if they screw around with me, I will cut up.

[ecstatic]

8. Some people can't afford to see their credit scores drop

if they are in the process of getting a new job (many employers check credit now), buying a new car or home. Closing a long time credit card lowers your credit score (fyi).

That being said, anyone who doesn't want a card anymore should close it.

[Saturday]

9. My CC upped my minimum payment....

from 2% to 5%. I already told them after it's paid off it's bye bye to them.

[subterranean]

10. They'd probably be happy if I did.

I pay my bill in full every month, and never carry a balance. They hate deadbeat customers like me.

[Dreamer Tatum]

11. No nt

[dionysus]

12. hell yeah. any card with an annual fee would be closed out.

[Greyhound]

13. I've never paid a fee and never will.

The very idea of floating a short-term, high-interest loan to buy unneeded garbage is one definition of stupid, to do so to buy necessities is obscene.

[AllentownJake]

14. They don't care

They want people to cancel their accounts. They have more lines of credit out there, than they could possibly afford and lay-offs are continuing.