National Bank ECHO Cashback card now has an annual fee
I just recently got this card and it was one of the better no-fee cashback cards on the market. They just however changed the structure so that there is a $30 annual fee, effective July 2018. Really bummed out, I registered in June so they've reversed my fee personally, but shame about it.
https://www.nbc.ca/personal/mastercard-credit-cards/echo.html
Posted Jul 27, 2018, 3:35 AM UTC
55
Didnt get charged for it yet and had the card for 2 months. Is this applicable to new cardholders only?
I took this card for the no fee as well. Had it since May 2018
I was told its only applicable to those who registered in July but I registered in June and was charged, had to call to get it reversed and was not notified of the charge, just showed up on my statement.
Lady on the phone said I shouldn't be charged next year and the no-fee structure is grandfathered, but I honestly don't really believe until I see it.
Thanks for clarifying and I'll take a look to make sure I dont get it in the next month!