Originally Posted by
mabramovich
My Platinum fee hit but I haven't used the travel credit yet for this year. Is there any point to try to do it? Will Amex still refund the 699 if I use the credit? I know the Alaska card is really picky about this.
Many datapoints indicate that Amex will only give you a refund amount of $499, or in other words $699 minus the current year's $200 travel credit. The unpublished trick is to try and use the $200 travel credit well beforehand and to then cancel the Platinum card BEFORE the annual fee posts. As a guideline, the $699 annual fee will post the next year after your first statement, on the statement cycle date.
I think it's a lost cause to get the full refund if you want to try using the $200 travel credit now. You'll have 60 days to cancel for the AF refund.