Not a big fan of cards with annual fees but recently signed up for a couple Chase cards with signup bonuses, not realizing that the "annual" fee is actually charged the first day (seems better described as "upfront fee with subsequent annual fee" but that's beside the point).

I've read that clawbacks are possible with some (chase) and more rare with others (citi). I was wondering how often clawbacks occur with the various institutions. I've also heard that canceling in the first 60 days (when the fee would be refunded) to avoid the annual fee can get you blacklisted. I was just wondering if anyone has any insight to how frequently this occurs or if this is mainly something that happens to people that severely abuse these programs....or if it is much more commonplace. I have had various other cards with this institution that I have had open for 6+ months. If I cancel these two cards to avoid these fees, how much risk is there? I would like to know more about what they consider constituting a "bad relationship" with these institutions.

If there's anyone with any first-hand experience with this I would really apprecaite your feedback. Thanks in advance.