I have both the Amex PRG and the CSP. If I put air travel expenses on the PRG, I get 3 MR points / $ If I put them on the CSP, I get 2 UR points / $ AND trip cancellation insurance. Amex sells travel insurance separately, which covers more than trip cancellation but is also likely to cost me more than $100 / year. Has anyone experience of claiming against either travel cancellation insurance? Since Amex as of June 1st will have no foreign currency surcharge and will give 2 MR points for restaurants, I was thinking of cancelling the CSP. Travel, dining and foreign expenses are pretty much all I use it for. Since I need a visa or mc anyway, I would replace it with the Barclay Arrival + What do you think?