USBAR Unexpected AF Refund?

I just got the USBAR about a month ago before applications closed. The $400 AF was correctly charged when my first statement closed. Today, I noticed a $400 ‘Reversal Of Annual Membership Fee’. This obviously has me a bit concerned - are they ending this card and proactively refunding us? I’m wondering if anyone else has seen this.

Definitely not a thing for everyone, or else other people would have got a refund.

I have not seen this in my pending or completed charges!

My statement closes today… I will see if I get that.

My guess is seeing how US Bank isn’t the most tech-savvy bank, it’s probably a glitch. There’s a strong track record of them maintaining discontinued cards and grandfathering the card holders. I’d be pissed though if I got it a month ago and they’re already going to close it with no heads up.

@Quirin
They’re the only company afaik that redesigns their cards well after they’ve been discontinued…it’s weird.

My Annual membership fee of $400 just got deducted 30 mins back and the transaction is marked as completed.

Though my rewards are still 0.

I have spent 5k in the last month (still 0 points) but I have 65k points pending - not sure when they will move from pending to account.

@Vince
By “deducted”, do you mean the fee was charged or refunded (reversed)?

BettyClark said:
@Vince
By “deducted”, do you mean the fee was charged or refunded (reversed)?

Charged.