I have had the card for almost 2 years. So, I am going to cancel mine before the renewal comes in about a month. In the meantime, my husband just applied and was approved for the premier with the 50,000 miles. So, if another 50,000 offer comes for the plus card he will try for that too. In the meantime, how long would I have to wait to apply again? I am thinking I would wait at least a year anyways since there is no benefit for me to have the card since he just got one and miles can't be combined. Does this effect your credit rating much by closing and then opening a card? It would be great if he got another card and we could use the companion pass, but even if not the 50,000 miles are great one their own.