Will cancel amex
when next annual fee hits and pay the lower visa AF ($ 59) and keep the 70k flexperks I netted.
Say you opened the card in February — you can earn the full $ 200 credit before the calendar year ends, then once the credit resets on January 1, get it again before
your next annual fee posts, meaning you can get up to $ 400 in value from this credit each year.
, so I plan to downgrade to this card before
the next annual fee is due.
They'll sometimes waive
your next annual fee or offer bonus points to convince you to stay.
One bit of advice when you start going with multiple cards, always keep track of when
the next annual fee is coming up because you'll want to cancel or downgrade your card to a free card before it hits.
What would be the best way to downgrade those cards / cancel them before
the next annual fee?
You won't have to pay
your next annual fee until December 7, 2017.
Just keep an eye on how long you have until
the next annual fee hits on your current cards because you may want to apply for a new card in the same family before you cancel.
If you play three free rounds in 2015 and three more in 2016 before
the next annual fee, this benefit should be worth $ 500 to $ 1,500.
This would just be for the bonus, then cancel when
the next annual fee is due...
Since I know I'll use my next $ 250 Air Travel credit in 2016 before
my next annual fee is due, I consider it part of my sign up bonus.
This perk is capped at $ 250 per calendar year, which caps it at $ 500 by
your next annual fee.
Your next annual fee will post on Nov 1.
If you get the card in May 2015, you have the rest of 2015 to use one $ 250 Air Travel Credit, and you get a new $ 250 Air Travel Credit in 2016 that you can easily use before
your next annual fee is due.
If you apply for the card and use the airline fee credit twice before
the next annual fee, you can get all of this for the cost of the first annual fee:
Global Entry membership is valid for five years, so you could just get the card for one year and then cancel it before
the next annual fee comes due.