Interesting. I am probably going to cancel the card before my annual fee hits next month, and plan to call Chase soon. I wonder if they will tell me anything about the future of the card.
It's a fine card; I originally got it because of the chip and I used it quite a bit during a trip to France this year and was very happy with it. But now I have a real chip and PIN card from the State Dept FCU, as well as a Chase Hyatt card with a chip, and most of my spend goes on either the SPG Amex or on meeting bonuses for new cards. I use the Amex rental car insurance.
So, since I don't need the card for any reason, I can't justify paying the annual fee. I've cashed out my UR points in anticipation of canceling.