Barclays Business Missed Annual Fees Are Posting

For some time Barclays has not been charging the annual fee for business cards on time or at all. Barclays has now sent out letters to affected cardholders informing them of this issue and also stating that they will be charged for the annual fee in their next billing period.

Barclays annual fee refund rule is that you can cancel the card within 60 days of it posting to your account and get the full fee refunded. I wasn’t sure if this rule would apply when the annual fee was incorrectly not charged but it seems that it does.

Hat tip to TwG

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11 Comments
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Reese
Reese (@guest_1381705)
May 16, 2022 14:13

I canceled (via automated phone system) a week after the annual fee posted, and it was automatically refunded

Claire
Claire (@guest_1381666)
May 16, 2022 13:12

Does anyone know what would happen to ‘free checked bag’ on a flight booked with jetblue points while holding the business card, but taken after cancelling the card?

qmc
qmc (@guest_1381864)
May 16, 2022 18:40

You lose it, just as you gain it if you book a ticket and then get the card.

Amy
Amy (@guest_1381636)
May 16, 2022 12:19

Question: I know that normally the annual fee refund is 30 days for Chase cards. Do any other issuers have extended cancellation timelines for their cards?

Ryan Leftwich
Ryan Leftwich (@guest_1381686)
May 16, 2022 13:44

Best to check the card specific pages on “XX things you should know about [Card Issuer]”

https://www.doctorofcredit.com/credit-card-reference-pages/#Card_Issuer_Specific

Amy
Amy (@guest_1383084)
May 19, 2022 01:46

Thank you! This was exactly what I was looking for.

jeph36
jeph36 (@guest_1381620)
May 16, 2022 11:42

I can confirm that this was my experience. I had jumped in on the 100K JetBlue in Nov 2020 and just got charged the AF in the last few weeks. Called Saturday to cancel, did not need to talk to a human (always a benefit, especially if I open a card for P2), and the $99 AF shows as dropped-off my account as of this morning.

Monica
Monica (@guest_1381605)
May 16, 2022 11:13

Exactly the info I was looking for. Thank you for posting this.

Ff
Ff (@guest_1381598)
May 16, 2022 10:55

Can confirm, AF posted 6 mths late. Canceled and AF credited one day later.

Tim
Tim (@guest_1381586)
May 16, 2022 10:09

Cancelled when AF posted three months late on May 1 with no issues

RonX.
RonX. (@guest_1381597)
May 16, 2022 10:54

depends on cards, some might be good to keep