Originally Posted by
huey_driver
… military member …recently retired …..
Congratulations, even though (I presume) it’s Army retirement, nobody’s perfect
!
(Navy or Marine Corps rotor-head would be near perfect 😊.)
In all seriousness, THANK YOU
.
Originally Posted by
huey_driver
It seems to me, all these loopholes and machinations to try and use the credit on one particular airline naturally leads one to question the value (to the individual) of the card and its annual fee. …..
There is a significant amount of “hobby enjoyment” to this game we all like to some degree.
Originally Posted by
huey_driver
… I also had a UA Club card (again no fee) that I loved, …. Chase notified me I lost my annual fee waiver a year or so ago, and I dropped back to an explorer card and will happily join the 'unwashed' at the airport bar in exchange for the $600 AF…..
There is a way to get a UA Club card (and maybe any other high annual fee personal card) which I described in the clickable (click on white arrow in black circle, military pilots need things explained slowly
) posts/thread below after research following serendipitous refund of entire AF on a UA Club card. I’ll update that thread when (2nd) AF on my UA Club card is due in 2-3 months.
Originally Posted by
Dr Jabadski
… Thus far, no clawback of UA Club card SUB and no apparent adverse repercussions of lowering UA Club card CL (& AF refund) 4 months ago.
Bottom line: $1250 in AFs for 2 cards refunded, no SUBs clawed back, no apparent adverse actions by Chase, happy camper. I see this as a viable card management strategy going forward. Doesn’t seem to be as pertinent for AmEx as many AmEx high AF cards are Charge cards (without CL) not Credit cards…
Originally Posted by
Dr Jabadski
…
Discussion: For both UA Club Card and CSR it seems that one can receive & keep SUB and also take advantage of ALL card benefits (club and lounge access, various coupon book credits) WITHOUT paying the high AFs, definitely 1st year, possibly beyond 1st year.
Perhaps, contrary to the
Federal regulation link above and this
CFPB link, caps on high-fee cards DO NOT only apply to initial credit limit and the first year? Perhaps Chase offers a more liberal interpretation of the rule and extends that cap beyond the first year, similar to how Chase extended my SCRA* benefits for 2-3 years after my Navy Reserve Afghanistan mobilization (to active duty)? Maybe Chase delays charging 2nd (and subsequent year’s) AF when an AF has been previously credited? Maybe a simple oversight by Chase?
Footnote:
* (my underlining) AI Overview Under the
Servicemembers Civil Relief Act (SCRA), active-duty service members can have credit card interest rates capped at 6% for debts incurred before service. While the law does not strictly mandate it, major issuers like Chase, Capital One, American Express, and Citi often waive annual fees, late fees, and overlimit fees for eligible personnel and their spouses.