I closed mine before it even arrived in the mail.
I guess they must be doing this in waves. I just got notification about this yesterday. I already have the Cash Rewards card, so now I will have two? My rewards card was obtained 6 years ago and my score at that time was not as good as it is now, so I have always had this account treated a little differently than it could have been. Maybe this conversion will make it a more respected card from Barclays than the other. I remember when I got the Sallae Mae card it had a nice high limit. Getting luv from the rewards card was always harder, so maybe it will be best to replace the rewards card with a different product and keep this one?