Questions and Answers

Have a travel related question? Post it here, and I’ll do my best to answer it as quickly as possible.

While anyone can comment on regular blog post, registration is required in order to post a question in this space. Creating your account is free, and you'll be able to see when your question is answered, as well as like comments from other users. And of course, you'll earn status points for offering helpful answers!

This space is intended to be more of a community as well, so please jump in and share tips!

Filter by:

Chase reserve medical evacuation benefit


Amex or JetBlue MasterCard


Amex Platinum vs Chase Reserve


Lyft Cash: No Longer Earns Chase UR Points


Amex Plat-$50 offer for Best Buy & Home Depot


Platinum Confusion – Marriott Brilliant Amex


Miles & More European Credit Cards 50% Devaluation


Timing about canceling one card and applying for another


Can’t find Blue Business Plus


Annual fee for Virgin Atlantic M/C


Ask a Question

Everyone can read and comment, but you must login to post a new comment.

Answers (3)

Annual Fees

Annual Fees

  1. Anonymous


    I was wondering how you handle all the annual fees on all the credit cards. Do you cancel many cards, or do you feel that the benefits of the cards outweigh the $95 or so annual fee. For example, I have the Chase Freedom and Ink Plus, I would sign up for the Sapphire preferred for the sign up bonus, but after that, I don’t really need the card.


  2. MidSouthSkier

    Deon – as you note, sometimes it only makes sense to get the card for the sign-up bonus. But in general we’ll keep cards at least until the next annual fee is due, just to help lengthen our Average Age of Account (AAA), which is a factor in your credit score.

    Beyond that, most of us will keep the No Annual Fee cards like Freedom, Citi Double Cash and Discover because, why not? It helps lengthen our AAA and doesn’t cost us.

    For other cards it depends on your usage. Personally I dine out at least once a day so the CSP is very valuable to me since it gets 2x points at restaurants – though of course I use the Freedom during the quarter where it earns 5x!

    For me I put enough spending on my cash back cards to offset any of the annual fees that I pay.

    Lucky wrote this post back in August regarding how to justify annual fees: [URL][/URL]

  3. dnathan

    Thank you very much.

Sign in to help answer questions.