Originally Posted by
MD/DC Flyer
Guess it is official:
That is quite a blow - as even using it once a year made the card a zero annual fee.
This latest dropped shoe combined with the CSR fee increase, the Amex Gold Fee increase, Citi benefit cuts, all around tightening up on churning - shows that the oligopolists are in full profit taking mode. No more fighting for market share.
I was this close to shutting down my Ritz card but the Visa Discount Air benefit tipped the balance in favor of keeping it. Next they will start cutting back on the priority pass benefits.
I had my CSR fee post 25 days ago (old fee) but I'm canceling. Time to stick it to the man.