Or, consider other cards for 50,000 more miles or points that transfer into United miles with additional flexibility for your everyday spending.
$1,000 toward travel or transfer to United, Southwest, and more.
Citi® Hilton HHonorsTM Visa Signature® Card - no annual fee.
The new year is a good time to take stock of what’s in your wallet.
So you might be thinking whether one of the cards you have now is worth keeping once the annual fee comes due.
While getting an annual fee waived when you cancel a card after the fee hits your statement is completely at the discretion of the bank, we did contact each of the major banks that handles travel rewards cards, and got a sense for current exception practices.
You might find these useful as you plan your strategy for 2015.
Here’s the rundown:
And you might find if you try to cancel a card the bank may offer you a special incentive to stick around and keep your account open, like extra points, or a reduction of fees.
So it’s always worth calling up and asking what’s available if you’re on the fence about keeping a card in your wallet for another year.
Again, the above guidelines are always subject to change without any announcement as they aren’t formal parts of the cardmember agreements.
And your own experience may vary, as these kinds of things are case by case.
As for any points or miles you have earned during the year, with bank points such as American Express Membership Rewards or Chase Ultimate Rewards you have to keep at least one card that earns those points open in order to keep what’s in your account. An alternative is to transfer the points out to a transfer partner program before you close your account.
For traditional airline and hotel points with co-branded cards, the points in your account are yours regardless of whether you hold a card or not.
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Foreign Transaction Fee Waived
Points Can Transfer to Airline Miles ?
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