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Thread: Centurion cancelled my Amex after 15 years
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Old Feb 19, 2024 | 6:05 am
  #101  
Eujeanie
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Join Date: May 2009
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Originally Posted by badAmex
Fair question. Simple answer: wealthy family members and close friends who wanted the benefits of the card (it used to have better benefits, the US Airways status used to get me upgraded 90% of the time). Once you have it, it's easy to feel trapped and feel like you don't want to waste the initiation fee (sunk-cost fallacy).


So you were theoretically depriving Amex of potentially 7 more annual fees every year? And they decided they didn't like that?
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