The fun is over for everyone (confirmed on reddit)! Looks like people are getting letters from Barclay’s that the $995 annual fee will no longer be waived when the annual fee hits again. Thanks to reader Chris for the update. He writes:
Got the letter in the mail, no grandfather of older cards. We have until April [his month to renew] to spend our points and ditch the card or pay!
I securely messaged customer service since I did not see a letter myself, and I got this response:
Dear [Derp Report]:
Thank you for contacting us regarding your MasterCard® Gold Card™. We can certainly address your concern regarding the SCRA benefits on your account.
Although we can confirm all other terms of the SCRA benefits currently provided on your account will remain the same, while you remain on active duty; however, the annual fee will proceed to be billed on the next annual fee date of January 31, 2018. We apologize for any inconvenience this may cause.
If you have any other questions or concerns, please reply to this message.
Luxury Card Cardmember Care
So get on it! Spend your $200 airline bonus for the year, and cash out them points! Good thing USAA has their 2.5% cash back Limitless Card. Also don’t forget that your AmEx Platinum will be metal soon enough! Here is the text:
I got my card in January, so it looks like I got to squeeze almost one more year out of it! Also going to hold out till January to get another $200 travel bonus out of it! Look out for the letter in your mailbox soon!
Also remember to not be a Blue Falcon and bitch about the whole thing to Barclay’s. We all had the feeling that this was going away very soon. Many more cards to churn! Onward and forward!