7 Responses

  1. Billy
    Billy at |

    I think the Schwab checking account (with no ATM fee or foreign transaction fee), and is a checkcard is still around. Granted, no 2% back but a good card for ATM withdrawls traveling internationally.

  2. Tom
    Tom at |

    I’ve had this card for close to four years, sad to see it go. I’m definitely canceling as well I think.

    Any thoughts on the Fidelity Amex? I’m thinking about that one, except I just got a couple Amex cards this summer with all the wild sign-up bonuses that are (were?) going on.

  3. » Schwab Visa Traveling To…
    » Schwab Visa Traveling To… at |

    […] another mourner:  Seth at The Wandering Aramean.  The loss of both the 2% cashback and no foreign transaction fees have left me searching for a […]

  4. Carl
    Carl at |

    Almost all banking products are based on customer “stickiness”. The hassle of making a change, changing the account numbers stored on websites and for autopay, etc.

    They may hope you overlook a change or two, or that any one change is small enough that you decide it’s not worth the hassle of changing. I’m sure the purchase price was based on assuming a certain level of attrition and increasing profits of who stayed. As a connaisseur of credit cards, you would be expected to be part of the group that attritted (is that a word?)

  5. Dan
    Dan at |

    What about keeping the card in no-fee version simply for credit score purposes, that is for length of credit history and utilization percentage?

  6. hola
    hola at |

    as someone with lots of money in BofA, i can tell you that they are really uncutting their staff who want to drive the biz. getting rid of this credit card is just another reason to hate BofA, and stay away from them. firing 30K workers, people who have made them a tolerable bank for my needs is another reason to stay away