Sebi Mitchell, Credit Cards Moderator
@sebim
The only way you may get the Chase Sapphire Preferred card’s $95 annual fee waived is if you’re an active servicemember and you check that box on the application. As long as Chase can confirm your active duty status, they may not charge you any fees. Otherwise, your odds of getting a Chase Sapphire Preferred annual fee waiver are pretty small.
Chase Sapphire Preferred Annual Fee Waivers Details
- If you’re in the armed forces full-time, you’re eligible to have all the Chase Sapphire Preferred card’s fees waived, except for the returned check fee. You can get this benefit by indicating your service on the application (there’s a box to check off) or by calling Chase Military Service at (877) 469-0110. Chase will have to verify your status.
- As a long-time customer who’s thinking about closing their account, talking to customer service may help. To keep you as a client, they might waive your annual fee, or even offer you a lower APR.
- If you want to try for a fee waiver or reduction, you can call the number on the back of your card or the Chase customer service line at (800) 945-2000. This isn’t guaranteed to work, but it’s worth a try.
There are a few details you should be aware of before asking for a fee waiver, though. In the likely event that you don’t get one, keep in mind that the card’s generous initial bonus, steady ongoing rewards, and other travel-related perks justify its annual fee.
Chase Sapphire Preferred’s annual fee is well above the $26.75 average for new credit card offers, according to WalletHub’s Credit Card Landscape Report. However, Chase Sapphire Preferred cardholders have plenty of opportunities to recoup the cost. For instance, the hefty initial bonus will cover the fee several times over once you meet the spending requirement.
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People also ask
Is Chase Sapphire Preferred free for the first year?
No, Chase Sapphire Preferred is not free for the first year anymore. The Chase Sapphire Preferred® Card’s annual fee is $95, and it is first charged when a new cardholder opens the account, then every 12 months after that. Unless you’re an eligible member of the U.S. military, it’s unlikely that Chase will waive the annual fee. Still, there’s no harm in calling customer service at 1 (800) 432-3117 to request an annual fee waiver or a discount.
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read full answer by Chip Lupo, Credit Card WriterIs there a way to get the Chase Sapphire Reserve annual fee waived?
The only surefire way to get the $795 annual fee of the Chase Sapphire Reserve waived is if you’re an active servicemember. As long as Chase can confirm your active duty status, they won’t charge you any fees. Otherwise, your odds of getting a Chase Sapphire Reserve annual fee waiver are not very high. However, it’s worth trying.
There are a few details you should be aware of before calling and asking for a fee waiver, though. And...
read full answer by Lawrence, Wallethub Credit Card AnalystHow do you get a credit card annual fee waived?
You can get your credit card annual fee waived by getting a credit card that waives the annual fee during the first year as a promotion, or one with no annual fee at all. Alternatively, you can call the issuer’s retention line, but it is not guaranteed that it will work. Beyond that, you’re unlikely to get your credit card’s annual fee waived unless you’re an active-duty member of the military.
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read full answer by WalletHub, Financial CompanyDid we answer your question?
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