Cancelling B of A card to avoid first year annual fee
May 31, 2014 | 8:22 pm
#1
Original Poster
Join Date: Mar 2011
Location: PHL
Programs: US; AA; UA; Hilton Gold; Club Carlson Gold; IHG Platinum;
Posts: 398
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?
May 31, 2014 | 8:31 pm
#2
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Intermountain West
Programs: Too many to list
Posts: 12,745
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.
Jun 1, 2014 | 6:58 am
#6
Original Poster
Join Date: Mar 2011
Location: PHL
Programs: US; AA; UA; Hilton Gold; Club Carlson Gold; IHG Platinum;
Posts: 398