I had 46,000 miles and was concerned that not only would they cut me off before I got another 4,000, but I would lose what I had. They're supposed to be sending out new applications (since the new card is through another bank) - the new Webmiles cards will continue to build mileage on your old account. The new cards that came out through Direct Merchants will build miles in an entirely new program (which have a 20,000 mile reward, but it limits the value of the ticket to $400 - a limit that Webmiles doesn't have). Direct Merchants came out with new cards in a hurry - I haven't seen anything (card or applcation) for Webmiles.