Originally Posted by
lkar
The first card needs to be open to get the bonus the second time. The terms state that you cannot receive a bonus if you have opened or closed a thank you product in the last 24 months. I probably could close the first Prestige now and maybe get a pro rated annual fee return, but there's no reason for me to do so -- I get a new $250 statement credit next year and I got a retention offer that gives me $50 statement credits over the next few months, which easily pays for my $350 annual fee.
Same here. I renewed my Prestige last Spring. $350 AF. I didn't bother with the retention offer of $50 a billing period. Most of my spend is MS, and after fees that wouldn't save me much at all. And all of my natural spend goes to min spnd on new cards.
I'll get $250 back after Jan 1st in airline statement credits, and another $100 when I renew my Global Entry, so the AF is a wash. Then before the next AF I will open a second Prestige, then close the first one when the fee comes due.
