crimson12

My wife has an Amex Plat personal card, and a Gold business card. The Plat is up for its annual fee soon, and I want to cancel it because I have a Platinum card and I don't think we get enough benefit to justify to annual fees. (We got the cards in the heyday of the 100k point bonus.) We both got Global Entry, and we were using the $200 for points purchases which apparently aren't reimbursable anymore. I guess there's always lounge access, but we usually have another way in (one day passes, etc.), and I am often with her so I can at least get myself in on my Amex. Even if we paid for her lounge access it wouldn't hit $450 (or even $250, netting out the incidental credit) in a year, so I don't much mind that. My question is about the MR points.

My understanding is that her MR points will remain "active", and can be transferred to partners, etc., because she has the linked business Gold card. Is that correct? In other words, she won't lose any of the transfer/redemption possibilities on the MR points?

The biz card comes up for renewal in Feb 2013. My hope/thinking is that a decent sign up bonus will come along for the *personal* Gold card, and she can get that, and then cancel the business Gold when it's up for an annual fee. If this works, this also would keep the MR points "live", right?

Also, is there anything else I should be thinking about? Obviously I'll ask for some sort of retention bonus but I'm not holding my breath...