Originally Posted by
gmangg
Got cut by USBank. Typical "we exercise our right to terminate your account for any reason" sort of letter informing me the account would be closed in 30 days. Luckily this meant I could move all the post-statement points out of the account. I was running close to $1mm a month via Apple Pay on the Altitude card for a year, so it was inevitable. Given everyone else's experience with this card and giftcards, I am surprised they did not cut it earlier. They charged the annual fee around 6 weeks ago and are refusing to refund. Is there any way to force that to be prorated? Has anyone had luck reapplying?
You can file for arbitration.
Most of the time the bank will cave since the cost of refunding the annual fee is far less to the bank than just paying for the arbitration. And that doesn't even factor in the chance that they could lose the arbitration.