If I were to cancel my green card after having it for only 2 months would they refund part of the annual fee? Is it worth paying the annual fee to have a card that is reported as OPEN or No Limit and get the double rate on everyday purchases, I am having a really hard time seeing that I am gonna get my monies worth out of this, I guess it was an impulse application and now I am questioning it, what should I do? Will this "no limit" card beget higher limits on other cards since the highest limit I have is 2,000? I am going to spend about 10,000 a year on it and most, about 3/4 of those, will be double points, anyone have any luck getting them to waive the annual fee in the 2nd year?
I don't know about AmEx, but I converted my Citi AAdvantage card to a Platinum Select card, and was really surprised when they refunded a portion of my annual fee. I think your real issue is deciding WHICH rewards card to use. If you do all your spending on AmEx Green, then the rewards are likely to be greater than the annual fee. But if you use other cards a lot, then AmEx Green may not be worth it.
