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Does CSR earn 3x points at bars on drinks?
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They won't waive. Don't cancel the card. After your annual fee posts, use the travel credit and then downgrade.
C1, you'd be better off letting it renew, using annual travel credit, downgrade, and then get your annual fee refunded.
Will they reimburse the fee if you cancel within 90 days? Travel credit is calendar but fee is on annual cycle.
A1, after your fee posts this year, go into your CSR benefits page and you'll see your credit reset