Originally Posted by
pallhedge
Saving $95 is incorrect as you can wait the full 12 months and still not pay that fee. Just know that you are likely forfeiting any potential American Express signup bonus for the foreseeable future to get 50k Marriott points now instead of a few months from now. That's a terrible tradeoff. I implore you not to do this.
Will Amex really shut you down if you cancel a single card inside 12 months? My wife accidentally got approved for 2 SPG business cards (now marriott) and I was thinking of cancelling one since she certainly didn't need 2 accounts.