I have been a Commonwealth Bank customer for a number of years and have had a Commonwealth Rewards Visa credit card since 2001.
Earlier this year I received a free offer to upgrade my standard Visa card to a Gold card which I accepted. I therefore do not have to pay any credit card fee up to July 2009. However I now wish to upgrade to a Platinum card (I am earning enough income to do so). A few questions:
(1) if I am accepted, will I have to pay a brand new annual fee for the card upfront, and, what is the likelihood I can get it waived?
(2) if not, I plan on closing my current card - will I be in a position to negotiate if I threaten to do so? (I have a batch of points I want to redeem before the 31st March).
Earlier this year I received a free offer to upgrade my standard Visa card to a Gold card which I accepted. I therefore do not have to pay any credit card fee up to July 2009. However I now wish to upgrade to a Platinum card (I am earning enough income to do so). A few questions:
(1) if I am accepted, will I have to pay a brand new annual fee for the card upfront, and, what is the likelihood I can get it waived?
(2) if not, I plan on closing my current card - will I be in a position to negotiate if I threaten to do so? (I have a batch of points I want to redeem before the 31st March).