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-   -   Cancelling B of A card to avoid first year annual fee (https://www.flyertalk.com/forum/credit-card-programs/1581699-cancelling-b-card-avoid-first-year-annual-fee.html)

Kpoxa May 31, 2014 8:22 pm
Cancelling B of A card to avoid first year annual fee
 
I recently signed up for BoA Virgin Atlantic card with 50K miles signup bonus. I met my spending requirements within first monthly cycle and bonus miles have been already credited to my VS account. The annual fee of $90 was just posted after the first monthly statement close and payment for that won't be due for another 7-8 weeks. Has anyone tried cancelling card after getting bonus miles to avoid paying first year annual fee?

philemer May 31, 2014 8:31 pm
I would not attempt it. One, you could be blackballed by B of A and two, they could claw back to miles. The AF is a small price to pay for those miles. Just pay the man.

pkoo May 31, 2014 10:10 pm
I agree with philemer but if you want to take one for the team and let us know what happens, please do.

jatink129 Jun 1, 2014 12:27 am
When I got this card,after getting the points, I tried to downgrade the card. They decided to just credit the AF for me. YMMV.

zipo Jun 1, 2014 12:47 am
Downgrade is much smarter to do then to cancel it.
I would try to downgrade NOT cancel

Kpoxa Jun 1, 2014 6:58 am
Originally Posted by jatink129 (Post 22958256)
When I got this card,after getting the points, I tried to downgrade the card. They decided to just credit the AF for me. YMMV.
Thanks, sounds like a good idea. What no AF card they can downgrade you to?


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