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Money Rehab with Nicole Lapin

Nicole Called Her Credit Card Company and Threatened To Cancel— Here's What Happened

Money Rehab with Nicole Lapin

Money News Network

Business, Education, Self-improvement

4.61.7K Ratings

🗓️ 24 May 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

Rumor has it that anyone can call up their credit card company and ask them to waive the annual fee as a retention offer. Nicole puts this to the test and brings you along for the ride. Originally aired June 2023

Transcript

Click on a timestamp to play from that location

0:00.0

When I'm not hosting this podcast, I am writing books, but it is really hard for me to write when I'm at home,

0:05.3

so I like to find remote cabins in the middle of nowhere to just hang out and write.

0:10.0

But I hate the idea of my house just sitting empty doing nothing but collecting dust and definitely not collecting checks.

0:16.6

And that's why I'm an Airbnb host. It's one of my all-time favorite side hustles.

0:21.0

Other popular side hustles are awesome too, don't get me wrong, but they often involve big startup costs. By hosting your space, you're monetizing what you already have access to. It doesn't get easier than that. And if you're new to the side hustle game and you're anxious about getting started,

0:34.3

don't worry because you're not in this alone. Airbnb makes it super easy to host. I mean if I could do it, you could do it.

0:40.6

And your home might be worth a lot more than you think.

0:42.8

Find out how much at Airbnb.com.

0:44.8

host.

0:46.1

I'm Nicole Lapin, the only financial expert you don't need a dictionary to

0:51.7

understand. It's time for some

0:53.7

money rehab. I've gotten into the habit of asking for discounts everywhere and honestly you'd be surprised how often it works.

1:07.0

I recently ordered a step and repeat which is the industry term for the type of backdrop that you often see behind red carpets with all

1:13.8

those partner logos splashed across them. I know this is a very niche example but the

1:19.1

step and repeat is for a very cool project that I'm really really excited to tell you about more on that

1:24.2

soon but anyway when I was putting the order together I just emailed the

1:27.6

company and I was like hey do you have any discounts right now and they gave me

1:31.8

12% off just like that. I've heard a rumor

1:36.3

that you can negotiate with your credit card company to get the annual fee

1:39.4

waived on your credit card. Now I know that there are other elements of your credit card that are

1:43.7

negotiable like the APR or annual percentage rate, that's the rate that the debt accumulates on your

1:49.2

credit card, that's negotiable, but the fee has gotten mixed negotiating reviews.

...

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