I currently have a no fee VISA card with CBA. I wanted to also get a rewards card without paying an annual fee. I can see that there are only a couple of AMEX cards that meet these criteria. I have heard however that several banks will waive annual fees on some other cards if you call and ask. Does anyone have any recommendations for one of these cards?
Waiving annual fee on reward Mastercard or VISA
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I probably spend about $30000 every year on my Woolworths Everyday Money Credit Card. You normally pay $49 or so fee every year, waived in the first year. The first year I paid the fee but after that I asked them to waive it as my expenditure was quite high. To my surprise they did and have done it every year since. My spending has dropped quite a bit on the card recently and they may not continue to waive the fee. In which case I might change over to another card. The Go card sounds good, thanks Bmann999. The Woolworths card normally only pays 0.5% of every dollar spent, not as good as yours.
If Bmann999 has his or her housing loan with CBA, they will, by policy, agree to waive the annual fee permanently on their CBA Gold MasterCard (with rewards).
The go MasterCard from GE is no annual fee. Has $25 activation fee - once off. You can avoid the $5 monthly fee by having a balance of less than $10 on the day before the statement date (in my case if I have a nil balance on 1st of every month, I don't pay) . I've paid the $5 fee 3 times in 3 years as I forgot. Rewards are great - Westfield cards $100 for $ 13500 spend. Go also do bonus points like Amex.
http://www.gomastercard.com.au/mobile/index.html