Originally Posted by
yyznomad
they don't. that's the point.

I figured as much. And further to that, if you cancel the card before expiry, do you get any pro-rated refund on the annual fee? Being a financial instituion, I doubt not. Therefore, just because a card was cancelled so as to not incur more charges, say, from a shop-happy spouse, but the fee was paid, I wouldn't even call into question the morals of using the card for the benefits paid for.