Platinum fee refunds

[Chavonoz]

I have reached my Amex Platinum £6000 target for 40000 reward points after 4 weeks. I also have a BA Avios rewards card and am on my wife’s BA Avios card.
I would like to cancel my card and get a prorata refund on the £650 fee. When is the earliest time I can do this and is the refund calculated daily or monthly. I will be converting the reward points to Avios in my BA account. Any advice would be gratefully appreciated.

[strickers]

Arguably sooner but safer to let the points hit your BA account. Don’t forget to hang your head in shame for Amex allowing themselves to be milked!

[zio]

Calculated daily.

[Peter K]

Technically you can cancel and have 30 days to move your points out, but as above I would play it safe and make sure you move your points out first AND that they have arrived in the destination account, before cancelling.

[BJ]

If not cancelling for a shameful refund were to cause your blood pressure to rise then you could do it with a clear conscience as the high blood pressure would invalidate the insurance anyway.

[Chavonoz]

Thank you all. Already wearing black, seemed the decent thing to do. Anyone know how the refund is calculated? Bernard

[Chavonoz]

Sorry missed the daily calculation post. Thanks for that. B