I received this email from JP Morgan Wealth Management

Radonc1, welcome to your complimentary FoundersCard membership

I have (or had) no idea what in the world a "Founders Card" was, so I looked up a review of it on line.

FoundersCard Review – Is It Worth It? [2021]


My take away: It is not a credit card, but a discount card. Chase is willing to give me the first year ($595 + but reading between the lines, it may cost less).
Many of the benefits are duplicated by my Amex Plat card and my other credit cards (Hilton) or by my lifetime status in programs. Furthermore, with Covid basically eliminating my international travel for the foreseeable future, why have a card whose benefits are limited? But that is why we have FT

I could just take the deal. The problem is that renewal is $395/year and I have no idea what type of hoops I would have to jump through to cancel the program (maybe none).

I am looking to see if anyone has experience with this non-credit card card and opinions. The reviewer did a good job of hashing out the pluses and minuses, but other travelers opinions would be most useful

BTW: to mods, if I put this in the wrong forum, please feel free to move. I was thinking about Chase, but that was specific to Chase cards, and this seems to be for all credit cards and isn't a credit card anyway