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123 Credit Card Annual Fee Refund

Gizmo247
Posts: 492 Forumite


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". ;-)
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
Mortgage Free: 1st October 2014 :j
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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 statement0 -
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 :j0
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