Three Credit Cards I’ll Never Cancel

There are a few reasons I would never cancel a credit card. I wouldn't cancel a card:

With no annual fee. There's not much point, and eventually these old accounts will improve the average age of my credit accounts which will help my credit score. Plus presumably the card offers at least one benefit that has some value to me.
With a renewal bonus more valuable than the annual fee. Several cards offer bonus points or free hotel nights every year you pay the annual fee.

LifeMiles U.S. Bank Credit Card Offering 35,000 Bonus Miles

The LifeMiles Visa Signature Card from US Bank now offers 35,000 bonus Avianca LifeMiles after $2,500 in purchases within the first 90 days of account opening.

How to Be Targeted to Get 91,000 Korean SkyPass Miles

Korean SkyPass offers co-branded business and personal credit cards to Americans through US Bank. The standard sign up bonus on the cards is a paltry 15,000 miles.

Because of the small sign up bonus, if you want Korean miles, you're normally better off getting a card that earns Ultimate Rewards or SPG Starpoints and then transferring them to Korean miles.

Comparison Table of Fixed-Value Bank-Point Cards

These offers have expired so their links have been removed. Click here for the top current credit card sign up bonuses.

Recently, United and Delta have devalued their award charts. At the same time, the banks have really stepped up their offers for fixed-value bank-point cards that earn rewards ideal for economy class travel.