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Didn't Close the AmEx

February 12th, 2013 at 11:01 pm

I called AmEx to cancel the card and the CSR told me if I'd like to keep the card he was happy to waive (refund) the yearly membership fee.

I figured what the heck I'd go ahead and keep it. It is the only cc that we can use at Costco - where I fill up at the gas station at least weekly and shop in the warehouse about every six weeks. If I didn't use this card I would have to use our debit card and I wouldn't "earn" any reward points. We always pay this card in full every month so it is not costing us anything to keep it. Quite the opposite when I can redeem points for free dinner or clothes. Smile

Speaking of gas prices, they've been steadily climbing here. My last visit to the pump it was $3.82/gal. Many of the big name stations I pass each day are pushing $4/gal.
Diesel is well over $4/gal - $4.25/gal the last I looked?

Not liking this steady increase especially when we are still months away from the usual summer increase.

3 Responses to “Didn't Close the AmEx”

  1. creditcardfree Says:

    Good plan! Watch the card the following year to make sure they don't charge you the fee again. And thanks for the suggestion on my blog on another tax software to try. Smile

  2. PNW Mom Says:

    Gas prices are slowly going up in my area too...boo!

  3. FrugalTexan75 Says:

    Yep, gas is rising here as well. Frown

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