It goes both ways. Chase could raise the AF (with no accompanying benefits) on some cards and i'd still keep them. For other cards I'm either comfortable with the benefits for the AF paid, or I cancel them when that time comes or if my situation and needs change day to day. It's purely a mathematical question, not sure why everyone gets so emotional nor do I understand why people choose to ask questions or hurl accusations at companies with 12 figure market caps because they feel their individual situation got worse with bank changes. By default, FT posters are probably the worst demographic for profits for huge banks and it's almost as if people forget profits are the one and only goal of big banks. If most of us came on their radar and they dug under the hood the'd realize were mostly loss leaders. Some people do a good job of telling Chase just that with their activities.