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American Express Gold Card £125 Annual Charge

I got one of these about 7 months ago, and as a promo the first years fee (£125 pa) was waived.

Now I quite like this card, as it lets me collect reward (hence avios) points, and allows me a little leeway until the end of the month BUT once this year is up, I don't think I like it enough to pay £125 pa for the priviledge of having one!

So basically, my question is, do you think there is any chance of having this fee waived or reduced?

In the past 6 months I have prob spent about £7k on my card, tho this is quite high as £3k was on a new kitchen and £1 was on holiday in the States.
So my average spend would prob be about £6k a year, all paid back on time and in full.

Cheers!

Comments

  • MrSilk
    MrSilk Posts: 1,518 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Highly doubt it... Call them, but be prepared to be disappointed.
  • sfax
    sfax Posts: 1,154 Forumite
    Interested to hear how you get on as I have the same card fee free and not sure if it will be worth keeping for the second year. Loving the £5 cashback promo at the moment though!
  • 19lottie82
    19lottie82 Posts: 6,033 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    sfax wrote: »
    Loving the £5 cashback promo at the moment though!

    I loved it until I discovered that it is only for English retailers and I'm in Scotland - raging! :mad:
  • sfax
    sfax Posts: 1,154 Forumite
    19lottie82 wrote: »
    I loved it until I discovered that it is only for English retailers and I'm in Scotland - raging! :mad:

    Sorry about that! :)

    I'm off shortly for a cheap lunch at Rasa Sayang in China Town... :D
  • Amex are more likely to give bonus MR points than reduce or waive the fee but generally they dont tend to do anything in year one as it otherwise sets a precedent that they wont want to follow.

    Ultimately phone them and see what they say.
  • I had this card in past and I tried to negotiate with Amex waiving the fee. 2 years ago it was halved without the problem and I also got double points for 6 months. In 2012 they said they can't really do anything about the fee, they offered me 6K points for staying for another year.

    I resigned as I have free BMI Card for miles.
  • If you're only wanting it for the Foursquare offers, why not convert it to a Basic Card with no annual fee?
This discussion has been closed.
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