Is the card in any way worth keeping? Does it have any good benefits?
If you open it in November/December and time it well, the bonus pays for the 1st year annual fee, you triple-dip the $200 airline credit, get global entry and a flashy card to show your friends.
The lounge access seems to work after cancelling the card, but this is still TBD.
Already, for a TU pull this is pretty good...
When the 2nd fee hits, it's time to bounce.