Air Miles hunting for me for the past year has been virtually zero - we have switched mainly to PC Optimum as we are doing all our groceries through PC Express and I use my PC Mastercard for everything. Today I called AMEX to downgrade my AM AMEX from Platinum to regular AM AMEX so I no longer have an annual fee. The agent tried everything for me to keep the Platinum card even offering a one time $50 credit to offset the $120 annual fee. I advised that I had upgraded to the platinum AMEX to get the benefit of the extra AM but since we won't be travelling anytime soon, and I have only used my AMEX once since last March (working at home so hardly any need for fuel) it seemed pointless to have a credit card with an annual fee. The agent advised that since I had been a loyal customer of AMEX for 22 years - they would "allow" me to downgrade my AMEX.