Has anyone already closed their AB credit card?
Sep 18, 2017, 1:03 pm
#1
Original Poster
Join Date: Jan 2015
Location: Berlin
Programs: BA Bronze, AF Silver, IHG Gold, Sixt Plat,
Posts: 63
Has anyone already closed their AB credit card?
The 5% cash back promotion was a nice attempt by LBB but considering the annual fee for (my card) is 89,90...
I am still holding on to mine to see what comes of it.
Just curious.
I am still holding on to mine to see what comes of it.
Just curious.
Sep 20, 2017, 8:07 am
#3
Moderator, SkyTeam and Germany
Join Date: Sep 2001
Location: FRA/STR/NUE
Programs: BA, LH, KL, EY, IHG, Marriott, Hyatt, Hilton, Radisson
Posts: 5,946
Same situation here - using the AB card for those payments with cashback; have just prepaid for a cruise next year via my travel agent which should save me several hundred bucks.
For any other payments and probably for the future I'll use my amex card to gain MR points which can be transferred into those currencies I need for hotel/flight awards quick and easy - and I guess MR points are one of the few currencies quite safe...
Not a fan of LH at the moment and the LH CC has lost most of its attraction for me with the lower earning and me losing SEN after >10 years at the end of last year...
Free now of any airline loyality and credit card affiliation to miles programs. I now only book best fare / best connection. Longhaul in premium classes I get the benfits anyhow, shorthaul I use Prioritypass now which comes with my Amex.
Looking forward to what LBB announces for AB card customers. If they offer a much better insurance package and lower yearly fee, low or no foreign currency fees and some kind of earning (eg. amazon points) or cashback I might stay with them at least as a backup to the amex card which is not accepted everywhere.
For any other payments and probably for the future I'll use my amex card to gain MR points which can be transferred into those currencies I need for hotel/flight awards quick and easy - and I guess MR points are one of the few currencies quite safe...
Not a fan of LH at the moment and the LH CC has lost most of its attraction for me with the lower earning and me losing SEN after >10 years at the end of last year...
Free now of any airline loyality and credit card affiliation to miles programs. I now only book best fare / best connection. Longhaul in premium classes I get the benfits anyhow, shorthaul I use Prioritypass now which comes with my Amex.
Looking forward to what LBB announces for AB card customers. If they offer a much better insurance package and lower yearly fee, low or no foreign currency fees and some kind of earning (eg. amazon points) or cashback I might stay with them at least as a backup to the amex card which is not accepted everywhere.
Sep 20, 2017, 12:00 pm
#4
Join Date: Dec 2013
Programs: AC, A3*G AB-G
Posts: 155
Same situation here - using the AB card for those payments with cashback; have just prepaid for a cruise next year via my travel agent which should save me several hundred bucks.
For any other payments and probably for the future I'll use my amex card to gain MR points which can be transferred into those currencies I need for hotel/flight awards quick and easy - and I guess MR points are one of the few currencies quite safe...
Not a fan of LH at the moment and the LH CC has lost most of its attraction for me with the lower earning and me losing SEN after >10 years at the end of last year...
Free now of any airline loyality and credit card affiliation to miles programs. I now only book best fare / best connection. Longhaul in premium classes I get the benfits anyhow, shorthaul I use Prioritypass now which comes with my Amex.
Looking forward to what LBB announces for AB card customers. If they offer a much better insurance package and lower yearly fee, low or no foreign currency fees and some kind of earning (eg. amazon points) or cashback I might stay with them at least as a backup to the amex card which is not accepted everywhere.
For any other payments and probably for the future I'll use my amex card to gain MR points which can be transferred into those currencies I need for hotel/flight awards quick and easy - and I guess MR points are one of the few currencies quite safe...
Not a fan of LH at the moment and the LH CC has lost most of its attraction for me with the lower earning and me losing SEN after >10 years at the end of last year...
Free now of any airline loyality and credit card affiliation to miles programs. I now only book best fare / best connection. Longhaul in premium classes I get the benfits anyhow, shorthaul I use Prioritypass now which comes with my Amex.
Looking forward to what LBB announces for AB card customers. If they offer a much better insurance package and lower yearly fee, low or no foreign currency fees and some kind of earning (eg. amazon points) or cashback I might stay with them at least as a backup to the amex card which is not accepted everywhere.
Sep 21, 2017, 1:26 am
#5
Join Date: Dec 2013
Programs: AC, A3*G AB-G
Posts: 155
Email received overnight... 5% cash back promotion has been extended to end of October, and additionally there is now 7% cash back when booking travel through LBB's affiliated travel agency.
However they are being a bit tricky since you only get the cash on November 30 and only if you have not cancelled your card by then, but nobody knows at this stage what will happen in the coming weeks with annual fees etc.
However they are being a bit tricky since you only get the cash on November 30 and only if you have not cancelled your card by then, but nobody knows at this stage what will happen in the coming weeks with annual fees etc.
Sep 21, 2017, 2:30 am
#6
Moderator, SkyTeam and Germany
Join Date: Sep 2001
Location: FRA/STR/NUE
Programs: BA, LH, KL, EY, IHG, Marriott, Hyatt, Hilton, Radisson
Posts: 5,946
Got the same info from LBB just now. Good thing - I'll use the card accordingly.
IMO this only makes sense if they plan to offer their customers an attractive new card soon. Maybe they are in talks with airlines/hotels or travel companies to find a new (mileage earning and burning) home. I would also hope for lower yearly fees and lower foreign currency fees. A better travel/car-insurance offer would be helpful too.
IMO this only makes sense if they plan to offer their customers an attractive new card soon. Maybe they are in talks with airlines/hotels or travel companies to find a new (mileage earning and burning) home. I would also hope for lower yearly fees and lower foreign currency fees. A better travel/car-insurance offer would be helpful too.
Sep 22, 2017, 8:10 am
#7
Original Poster
Join Date: Jan 2015
Location: Berlin
Programs: BA Bronze, AF Silver, IHG Gold, Sixt Plat,
Posts: 63
I am also hoping they are in talks with other airlines/hotels/travel companies and would essentially just give everyone a "product change" to whatever they end up deciding to do. If it ends up just being a purely cash-back card the only reason I would keep it if they dramatically lowered the yearly fee.
I was also thinking of just canceling it all together and upgrading my Amex Gold to the Platinum and stick and use the LH credit card when Amex is not accepted...
Choices choices choices
I was also thinking of just canceling it all together and upgrading my Amex Gold to the Platinum and stick and use the LH credit card when Amex is not accepted...
Choices choices choices
Oct 25, 2017, 4:15 am
#9
Moderator, SkyTeam and Germany
Join Date: Sep 2001
Location: FRA/STR/NUE
Programs: BA, LH, KL, EY, IHG, Marriott, Hyatt, Hilton, Radisson
Posts: 5,946
I think I will cancel in December if they don't have something new to offer.
Oct 25, 2017, 12:06 pm
#10
Original Poster
Join Date: Jan 2015
Location: Berlin
Programs: BA Bronze, AF Silver, IHG Gold, Sixt Plat,
Posts: 63
If we do close the card come December, do we receive a prorated refund of the annual fee?
Oct 27, 2017, 4:27 am
#13
Original Poster
Join Date: Jan 2015
Location: Berlin
Programs: BA Bronze, AF Silver, IHG Gold, Sixt Plat,
Posts: 63
I just wrote asking them to register me for advertising mail as I don't receive any of these promotions.
The thing that is really bugging me is that they haven't updated the annual cost of the cards yet. As TB is now gone and AB is withdrawing from OW, the pricing scheme for annual cards don't make sense.
The thing that is really bugging me is that they haven't updated the annual cost of the cards yet. As TB is now gone and AB is withdrawing from OW, the pricing scheme for annual cards don't make sense.
Jan 26, 2018, 2:32 am
#14
Original Poster
Join Date: Jan 2015
Location: Berlin
Programs: BA Bronze, AF Silver, IHG Gold, Sixt Plat,
Posts: 63
So it looks like there aren't any current promotions. They haven't changed the pricing structure and the Amazon promotion for December 2017 has ended.
Has anyone closed now? Thoughts?
Has anyone closed now? Thoughts?
Feb 21, 2018, 3:10 pm
#15
Join Date: Mar 2017
Location: DUS
Posts: 30
In my case, there is no way I can offset the 90 Euro yearly fee with Germania awards. I will be closing well before deadline for renovation. I still hope to find usage to my over 30k but certainly it does not look promising.
