able to downgrade to a no AF version, but still allowing me to transfer TY points to travel partner?
If You mean to the regular thank you card ? Then the answer is no you can’t transfer points, you can gift (transfer) to another TY account up to 100k per year. And you can use the points to book travel at 1cpp , and you can transfer to jetblue at a bad ratio
do you mean I could gift my wife's TY account 100K for free?
Can this card be downgraded to a fee free card?
Yes
I just got charged the af what are my best options what to downgrade this card to?
Until when do I have for SUB 3 months or 3rd statement?