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Thread: What will happen to annual fees and MR Points if Amex close all accounts?
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Old May 10, 2024 | 2:46 pm
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Boraxo
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What is it that you are specifically worried about?
  • If you cancel all your accounts that have Amex points and fail to transfer them, kiss them goodbye
  • If Amex closes your account for fraud you may get 30-60 days or maybe not
  • If you cancel a card in <12 months Amex may claw back points (per terms of application you signed)
  • I have never seen a pro-rate AF except on a product change
If you are worried about involuntary closure then transfer your points to an airline partner. Pretty simple.

I am not sure why anyone would voluntarily close all Amex accounts when there are no-fee options that allow you to retain your points (e.g. Amex Blue Biz Plus) assuming you can get a biz card.
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