LogFAQs > #956349495

Yes, but it is $95. I will try to see if I can get my reward and cancel before I am charged the fee, but even if I cannot do that, it's just 95 bucks vs 1,000 or 1,250 used on travel, so it isn't a big loss. Even with that fee taken into account, this is still the largest promo offer in Chase history.

Would I want a card with a fee for my every day card? No, because accruing cash back is a fairly slow process in most cases regardless of the cash back %(1, 1.5), so it takes a long time and lots of spending to offset the fee.