Originally Posted by
cmlsu
True but you're eligible to have the annual fee refunded if you cancel your account within 30 days from the mailing or delivery date of the billing statement on which the fee is billed. In theory, one could pay the annual fee and hope to get the annual certificate shortly before or after. Then apply for new card and then close old and get annual fee refund...maybe.
You won't get the annual cert quick enough to do that.