Saturday, February 13, 2010

Yay One Better On Our Credit Debt

When we paid some debt off with our tax return we paid off two of our credit cards. I wasn't sure that we were going to keep these cards open since they were charging a $39 per year membership fee. I called today to ask them to remove the fee and they did without any fight. It is only for one year but I can call again next year and ask them to waive the fees too. If they don't waive the fees then we can close the accounts but for now they are just in case of an emergency. We shouldn't have to use them because we have also put a little money in savings in case of life's little emergencies. I spent a total of 15 minutes on the phone and I saved us $78.00 this year. Yay I can put that money towards some other debt.


  1. Nice savings!! I did the same thing, sorta, recently. I was sick of paying the yearly fee for a card I RARELY used - so I called to cancel it and they offered to take the fee I kept it. :blush: oops! good idea on their part, I guess! But without that fee, I'm happy to keep it for emergencies!

  2. I agree I kept it mainly cause they took the fee off and there are no fees for inactivity so it is good for emergencies.

  3. Awesome! Those little bits add up. :)