Marcov719 wrote:Alright everyone I need your opinon on closing my AmEx PRG or downgrading to regular gold or green. The card doesn't see much use anymore so I can't justify paying $175 for it but then again it was my very first AmEx card (actually green was but you get the point). I guess the card has some sentimental value to me lol. Is it a smart move to close this charge card or should product change to a card with a cheaper annual fee and keep if for back dating purposes? I also have a AmEx Everyday and AmEx Buisness.
lexrj wrote:I'd say close it, for that kind of AF and no use or real benefit its a no brainier. Unfortunately amex charge cards really lost their value for most ppl unless you're really taking advantage of the MR points or the Plat benefits. You can always get it again backdated.
Marcov719 wrote:keep if for back dating purposes?.
luvbullmarkets wrote:I shall be in the very same predicament coming August. My PRG A/F is due in September.
I figure it is best just downgrade to Green and save $80 in A/F.