I finally decided to cancel my CCB account. So, I waited until the annual fee came on the statement, and called to cancel. Low and behold, they have a sleezeball clause in the cardmember agreement that says you have to cancel before you get the statement that has the annual fee. My question is: Is there any regulatory law regarding the annual fees and account cancellation? Are they just delaying by putting wording in their agreement that isn't legal? I do find some humor in the fact that they were unable to screw me until I decided to cancel my account. Instead of trying to save a perfect customer by waiving the fee, they are gonna take the $50 and run. I could care less about the $50, but I consider myself a solid business-person, and they screwed me good. I won't even waste my time typing about the customer service reps that can't even speak proper english (and we aren't talking about those for whom it is a second language). Go get em Bob. P.S. What's going on with class actions against these slimeballs?