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123 Credit Card Annual Fee Refund

Gizmo247
Gizmo247 Posts: 492 Forumite
Eighth Anniversary 100 Posts Name Dropper Mortgage-free Glee!
edited 6 March 2013 at 2:33PM in Credit cards
I've recently opened a 123 Credit Card and met the fee refund requirements of activation and DD to a 123 account.

Question is, on setting up a new card, does the annual fee really get charged and then refunded or is the annual fee just not charged for the first year. (No fee has appeared yet but only got the card today)

A ask this because as soon as possible, I would like to move the DD elsewhere where I "keeps me treasure". ;-)
MFiT-T3 #149: {Q4/14} (£46,447)-->(£0) ~ +£46,447=100%
Mortgage Free: 1st October 2014 :j

Comments

  • dazza.mk
    dazza.mk Posts: 1,927 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Gizmo247 wrote: »
    I've recently opened a 123 Credit Card and met the fee refund requirements of activation and DD to a 123 account.

    Question is, on setting up a new card, does the annual fee really get charged and then refunded or is the annual fee just not charged for the first year. (No fee has appeared yet but only got the card today)

    A ask this because as soon as possible, I would like to move the DD elsewhere where I "keeps me treasure". ;-)

    It was charged and refunded on mine before first statement
  • Gizmo247
    Gizmo247 Posts: 492 Forumite
    Eighth Anniversary 100 Posts Name Dropper Mortgage-free Glee!
    Thanks Dazza,

    So as soon as it has been refunded I can move the DD. :-)
    MFiT-T3 #149: {Q4/14} (£46,447)-->(£0) ~ +£46,447=100%
    Mortgage Free: 1st October 2014 :j
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