Originally Posted by
GuySmylie
At the end of year one, what do you do? Close the account? Pay the yearly fee? Downgrade to a free version of the card that is not airline branded?
How do I then become elgible to do this again in a year or so?
At the end of the year I evaluate how much spend I put on the card, the benefits of the card, and decide if paying the AF is worth it to me.
If I decide the AF is not worth it, I'll call them up, say I'm thinking about canceling and explain why. Sometimes it will get you miles/fee waiver/something else. Other times you downgrade or cancel.
How long you have to wait varies from card to card and you should read the appropriate T&C of the card.