Originally Posted by
BTMaximus
I'm in the process of applying for the Presidential plus mastercard. I'm bummed that they can't waive the first year fee anymore- I'm not sure what part of the banking regulations prohibit waiving the annual fee of a credit card. Hopefully, my application made it in time before the offer was yanked. Also, I'm confused about what Scott said about the online revenue tracker in regards to the Presidential plus card. Was he referring to the PP card at all? If so, does this have to do with the "flex" EQM's you can earn with the card?
Yes, I too am disappointed at the loss of the credit for the card fee. I'd like to see the regulation that prevents a fee refund or credit. He wasn't refrring to the card apart from the no fee coments. The revenue tracking is for ticket revenue and is not associated with the card.
It isn't the first year fee that is being waived... it is the benefit of a free card for those of us at Presidential Platinum. That's what they can't do.