Originally Posted by
Madison Guy
I may well cancel it. I've had it for years and never paid the fee (it was always waived) up until the last three years or so (about the time the no-fee version appeared.) With status, the only two benefits (to me) are the zero foreign transaction fee (which the free version does not have) and the $125 credit (which, in fact, I rarely get as I usually don't spend the required $20k on it as I find other cards to have a higher value for use.) So, termination does seem in order.
But cancel or not, waiting 8-12 weeks (two to three months) for an electronic voucher to appear AFTER meeting all the qualification terms so clearly shown, is, to me, simply unacceptable in the 21st century. It bugs me - hence my post. I'm happy it does not bother you!
I suggest you google "which credit cards have no foreign transaction fees and no annual fee" and be done with it, especially since you rarely earn the $125 credit in the first place. Lots of free cards have no foreign trans fees.
But I guess you earned it this go around, if you're frustrated that you're waiting for it. I could see wanting to move on and feel stuck; hopefully you get it soon.