If I cancel this card after 6 months can I be reimbursed for the annual fee(prorated of course)? The Presidents club is not really that great to me and miles are worth practically nothing. The only real positives of the card are the free checked bags and elite access for ticketing and boarding. I have a Schwab brokerage and checking accounts so I would like to switch to their 2% cash back card.

If not, I will just hold on to it and cancel at the end of the term.