Amazon Prime Credit Card - any cons???

JustaMom
Sun, 03 Sep 2017 17:17:05 +0000

I don’t mean to hijack this thread but a dear (elderly) friend asked me a question about these points credit cards…She was coerced into applying for a travel points card that offered a very nice sign-up incentive (and it was a great offer!). She didn’t realize until after she used the card and the bonus points that there’s nearly a $100 annual fee, and really doesn’t want to pay it (she said none of her “other cards” have fees) - is she able to cancel this card without a penalty (like having to pay back the points she used?), or is she on the hook forever? Does anyone know/have information?