Originally Posted by
koctail
...they would reimburse the $60 annual fee.
It is my understanding and experience that card issuers are loath to refund annual fees. Their gambit to have you call back on the anniversary date seems cockamamie. There is no reason Chase cannot make the switch now, if they're willing to do so. My advice is not to wait. Downgrade the card now. If they won't, cancel the card.