Originally Posted by
flyer4512
We always cancel both cards just before the SECOND annual fee is due, we don't hold the card long enough to have the 2nd annual fee post therefore we are not getting the miles for the second year and then cancelling.
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Thanks, flyer4512. Just so I'm understanding correctly, the second annual fee post one year after opening the card. So you're canceling before the one year mark?
I currently have the SW Performance ($199 AF, opened 10/25/2022) and SW Premier ($95 AF, opened 11/26/2022) and also debating whether the $199 AF makes sense for us. My wife has the same two cards with similar open dates. We're a family of four so we both get the companion pass. I'm thinking of canceling the SW Performance now, before the AF, and keep the SW Premier for another year and cancel before the third AF.
From my understanding, we need to wait 24 month after posting of the SUB bonus before reapplying. So, we'll reapply in Jan/Feb 2025 for our next set of SW cards to get our 2025-26 CPs. Does this strategy make sense? Or should I pay the AF another year to prevent being on Chase's naughty list?