Cancelling AMEX Card - MR question
Jan 16, 2011, 11:31 pm
#1
Original Poster
Join Date: Mar 2009
Location: Brooklyn, NY
Posts: 1,470
Cancelling AMEX Card - MR question
I am leaving my job and have to hand in my corporate Amex card in about a week. The MR account that I have attached to this card, I pay for ($75/yr). Just got a notification that it's due for renewal. Is the annual fee a forward fee for the year? If so I can try to transfer my points out first then call Amex and ask them to cancel my MR membership since I won't need it and take off the $75 charge. Just trying to figure out if I understand this correctly. Btw I only have 6992 points in the account, just don't want to lose them and certainly don't want to pay the $75 fee if I am giving up my card in a week. No idea why kind of a card if any I get at the new job.
Jan 17, 2011, 6:55 am
#2
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,956
Yes. In principle you could open a personal American Express account which would preserve the Membership Rewards balance after the Corporate card account is closed, but for only 7,000 points it's not worth the distraction. Before you transfer look to see if you have any additional "pending" points and ask customer service to post them (which they will do if you have paid the bill). In general, you can only transfer in increments of 1,000 which means you will orphan a few hundred points.
Jan 18, 2011, 7:23 am
#3
Join Date: Aug 2010
Location: BHM
Programs: DL GM, Marriott Plat, Hilton Gld, SPG Gld, Hyatt, PC, CBP Global Entry
Posts: 147
I am leaving my job and have to hand in my corporate Amex card in about a week. The MR account that I have attached to this card, I pay for ($75/yr). Just got a notification that it's due for renewal. Is the annual fee a forward fee for the year? If so I can try to transfer my points out first then call Amex and ask them to cancel my MR membership since I won't need it and take off the $75 charge. Just trying to figure out if I understand this correctly. Btw I only have 6992 points in the account, just don't want to lose them and certainly don't want to pay the $75 fee if I am giving up my card in a week. No idea why kind of a card if any I get at the new job.
Jan 18, 2011, 7:32 am
#4
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,956
1. There is no annual fee for participation in the program, except as otherwise provided below. The annual fee to enroll an Executive Corporate Card or Corporate Card is $75.
2. The $75 annual fee for each Executive Corporate Card or Corporate Card linked to a program account with other eligible AMEX charge Cards will be billed to your Card account on the enrollment date and thereafter billed automatically each year on the enrollment date anniversary; it is not refundable.
2. The $75 annual fee for each Executive Corporate Card or Corporate Card linked to a program account with other eligible AMEX charge Cards will be billed to your Card account on the enrollment date and thereafter billed automatically each year on the enrollment date anniversary; it is not refundable.