When is it safe to cancel American Express cards?

Old Jun 20, 19, 11:59 am
  #1  
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When is it safe to cancel American Express cards?

I currently have both the Gold and Platinum Delta - there is no real reason to have both, and I would like to use the Gold slot to apply for another Amex card. I have had the Gold card for 14 months, and I paid the annual fee already. Is it safe to cancel this card while preserving the ability to get new sign up bonuses? I have not cancelled any other Amex card. Basically, I am looking for data points of people that have cancelled Amex cards in recent months and have received sign up bonuses subsequent to the cancellation.
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Old Jun 20, 19, 12:03 pm
  #2  
mia
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Originally Posted by Adelphos View Post
....use the Gold slot to apply for another Amex card. .....
How many American Express credit cards do you hold?
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Old Jun 20, 19, 12:08 pm
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Originally Posted by mia View Post
How many American Express credit cards do you hold?
5
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Old Jun 26, 19, 1:36 pm
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I think at least 1 year so they can't refer to their terms. If the fee is refundable keep it for like 14 months. That's what I'd do.
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Old Jun 26, 19, 4:59 pm
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Originally Posted by crisdean View Post
I think at least 1 year so they can't refer to their terms. If the fee is refundable keep it for like 14 months. That's what I'd do.
Can you elucidate? You mean even after 2 months into the yearly fee, they will give a refund? Just partial?
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Old Jun 27, 19, 2:38 pm
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I got this from here: https://www.headforpoints.com/2019/0...ee-first-year/
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Old Jun 27, 19, 5:18 pm
  #7  
mia
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Originally Posted by crisdean View Post
I got this from here: ....
Problem is that American Express policies are not the same worldwide. USA refund policy is discussed here:

Bye Bye pro-rated Annual Fee refunds (USA), September 2016, exceptions reported.
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Old Jun 27, 19, 5:33 pm
  #8  
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I was able to safely cancel my 15 month old Delta Gold and apply for the Delta Reserve and get the sign up bonus. I do spend on all of my AMEX cards
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