Credit Card Reward Programs for Travelers: An Introduction

In the coming weeks we’ll be looking at different types of credit cards and their reward programs, with an aim to introduce you to those frequently used by travelers. Such a topic can be divided into three categories: transferable programs, airline and hotel branded cards, and fixed point value cards.

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.