You know whats not a good money move?

[riverwed070707]

Opening a CC to save $100 on airfare, paying it off but then forgetting to cancel before the $95 annual membership fee hits Well at least I still saved $5! haha

[MonkeyMama]

Well, that is certainly what they are hoping for.

Bummer!

[creditcardfree]

Many cards will refund annual fees if you close the account within the first few months. If it has been a year, you are likely out of luck. Those credit card rewards are only worth it if we can keep track of the requirements.

[snafu]

Why not call and ask it be cancelled and credit back the fee? Nothing to lose, sometimes they can be quite flexible.

[SuperSavingTips]

Definitely worth a call to try.

Whenever I have a trial membership or something else I have to cancel at a certain point to avoid being charged, I put it on my calendar so I get a notification that day reminding me to call.

[krantcents]

You should cancel when you get the statement! Better to cancel earlier, but you can still cancel.

[jpham540]

Yeah that suck, that's why i don't sign up for CC with an annual fee anymore. I always tend to forget to cancel it all the time.