guys, i am a new CIMB Enrich World Elite card holder. Got the card last month. As with all the credit cards that I have used before, the annual fee is charged at the end of the 1 year term. This gives us the opportunity to cancel the card if the condition of the waiver for the annual fee is not met.

However, for CIMB Enrich World Elite, the annual fee is charged upfront upon the first statement. I have called up the CS and confirmed that it is charged upfront. this is however not mentioned in the card T&C.

My next course of action is to cancel card upon settlement of outstanding balance and request for a waiver. The waiver is subject to their approval and would be pro-rated to the duration you held the card.

Have anyone experience the same predicament before? what are the chances of me getting the annual fee back?