<prompt> Human: I recently applied and was approved for the Amex Blue Cash preferred card. However, after some further debate and discussion with friends I think the everyday is a better fit no fee, but lower rewards - but Im living alone and wont spend that much anyways. So the card is on its way and I was wondering what happens if I choose not to activate it when it arrives. Should I still cancel the card or just cut it. And how will applying for the everyday effect my score. Also is it dumb to make this switch like this? Is there an alternative?ThanksAssistant: Dont cancel and reapply, just call Amex and ask if they can convert your account to the Everyday card. Human: They said no... any other suggestions? They supposedly will only switch between products if youve had the card for a year.  <response>: Did you get an introductory deal where the first years fee is waived? If so, then reap the better rewards for a year and make a calendar reminder to switch next June.If not, you can easily make up the annual fee through higher spending at the grocery store 6 cash back. Perhaps you can shift more of your spending there or maybe you could start cooking more. That helps not only this situation, but its also healthier, cheaper and bitches love cooking assuming you are a gentleman who loves bitches... apologies if this is an incorrect assumption.Edit: Oh yeah, and the answers to your other questions:- It is bad for your credit to just cut it up and reapply assuming that you can even do this, given their original response because it would create additional hard checks on your credit- I wouldnt say exactly that making a switch is dumb but the Blue Cash Preferred is one of the best cash-back cards out there I would argue the best and, while I understand many prefer to not pay a fee, the grocery cash back more than makes up for it 