I currently have an Amex Gold Business Account which I just got billed the annual fee on (which comes out to $175 + $50 for add'l cardholder). At this point, I'm not sure if I want to pay for the renewal (or possibly downgrade to to a Business Green Rewards card for less $$$). Would it make sense for me to try to upgrade my account from Gold to Platinum at this point for extra 30k pts? Will I automatically be approved for this? If they upgrade me, will they they credit the annual fees for the gold cards ($175+$50) and then charge me the annual fees for the Platinum cards ($450+$175)?
Thank you