I have a Signature Visa, opened June 15th. Statement cutoff date is June 4th. Will the annual fee be charged on the day of the anniversary or do I need to cancel before the June billing cycle starts?
Feedback from the call center, fee will be charged on day of anniversary. Tried to push for a reduced fee or any other incentive to keep the card but they didn't even blink. Mentioned the reduced earn rate and the response was "well, all your other cards will have the same issue". Fair point I guess.