Originally Posted by
PowerMan572
FYI- I got my $395 annual fee refunded on my Ritz Carlton card a couple days ago!
https://www.travelhackguy.com/2015/0...-fee-refunded/
Looks like there's a law that prohibits banks from having the annual fee be more than 25% of our available credit. (I think) This is only valid for the first year. Even if your account was opened months ago, it should work.
Thanks Sir^ . That was fast. I lowered mt CL to 1000 yesterday after looking your post and now I see the $395 back to my account as membership fee credit. IMO, This has been one of the best credit card offer ever. I have already received 140k points+ 300 SW GC(2014) + 300 AA GC(2015) and hopefully 300 GC(early 2016) and also free lounge access and Marriott gold status all for free and then cancel it.