read the fine print sa no annual fee for life.. anytime pwede nila bawiin.. ganyan yung nangyari don sa AMEX ko.. dati under nang Equitable Bank ang Amex when they gave me one.. no annual fee for life.. then BDO acquired Equitable.. pati AMEX napunta sa BDO.. bigla nag send lang nang email na cancel na daw yung no annual fee for life nila....