Team Article: 3 Credit Cards We’ll Never Close

With a wallet full of credit cards, it's best practice to commonly assess your credit card portfolio to ensure that the benefits you receive from the cards outweigh the annual fees that you pay. If not, it's time to close that card or cards in most cases.

5 Ways to Offset American Express Gold Card Annual Fee

The American Express® Gold Card is a rather compelling choice for foodies looking to maximize the return on spending. The card earns a rewards multiplier on purchases at restaurants and U.S. supermarkets, and the perks include dining credits at select restaurants and Uber cash credits for Uber Eats orders.

When making purchases with the Amex Gold Card, you’ll earn rewards at the following rates:

4X Membership Rewards points per dollar spent at restaurants (including take-out and delivery)4X Membership Rewards points per dollar spent at U.S.

A Cost/Benefit Analysis for the Marriott Bonvoy Amex

In the spring of 2017 I opened a Starwood Preferred Guest Credit Card from American Express. At the beginning of this year, that card was product changed to the Marriott Bonvoy Amex Card.

The Mariott Bonvoy Amex Card is not open for applications. Those that have one were all product changed from a Starwood Preferred Guest Credit Card.

Addendum to Yesterday’s Post: Don’t Downgrade Your Reserve Until Reading This

Yesterday I wrote about your options downgrading a Chase Sapphire Reserve® Card, and all the factors you should consider when choosing to downgrade or cancel.

One point I did not bring up, that I wished to elaborate more on in a separate post, is picking an optimal time to downgrade if you applied for the Sapphire Reserve before May 21, 2017.

This is because earlier this year, Chase changed the way a very valuable benefit of the Sapphire Reserve works--the $300 travel statement credits.
History of the Sapphire Reserve's Travel Statement Credit Benefit
The Sapphire Reserve's most valuable benefit that

Amex Platinum Annual Fee Jumps to $550: Changes Coming March 30

REMINDER: If the new benefits described in this post don't seem worth it to you, apply for the Platinum card of your choice before March 30, 2017--Thursday of this week--and you will be grandfathered in to the $450 annual fee card. You'll get the new extra benefits and pay nothing for them for a year.

Master Thread of Which Airline Gift Cards American Express Reimburses

The American Express Platinum Card is one of the best credit cards for frequent travelers. The card comes with Delta, American, US Airways, and Priority Pass Select lounge access. (American/US lounge access ends 3/22/14.) Coupled with no foreign transaction fees and $100 towards Global Entry, this is a great all around travel card.

Many people balk at this card due to the $450 annual fee.