Oh Look – Airbnb Messed Up Again, Best Travel Blogs of 2020, Air Canada’s Pouring Salt Into Its Own Wounds, & More!

Happy Sunday to all of our travel friends, both near and far! Here are some articles we’ve read from other bloggers (and other sources) that we think you may like, as well, so we’re passing them along.

Continue reading “Oh Look – Airbnb Messed Up Again, Best Travel Blogs of 2020, Air Canada’s Pouring Salt Into Its Own Wounds, & More!”

A Credit Card Fee Reduced to $0, How To Avoid Closing The Wrong Account, Making The Most Of Free Hotel Nights (When They Let You), & More!

Happy Sunday to all of our travel friends, both near and far! Here are some articles we’ve read from other bloggers (and other sources) that we think you may like, as well, so we’re passing them along.

Continue reading “A Credit Card Fee Reduced to $0, How To Avoid Closing The Wrong Account, Making The Most Of Free Hotel Nights (When They Let You), & More!”

Why You Should Keep Your Sapphire Preferred Card

The $95 annual fee was due for Sharon’s Chase Sapphire Preferred card. That’s the time each year when I think about the card’s benefits vs. the cost and if I should keep, downgrade or cancel it. After giving it some thought, I decided that we’d keep the card but that didn’t mean I wouldn’t try to get a retention offer from Chase.

I had Sharon call (she hates these calls so I try to not to make her do them often) and she was told by a representative that there were no offers available for us right now. As per the notes I gave Sharon, she thanked them for looking and said that we could keep the card for now.

Chase Sapphire Preferred

The Sapphire Preferred is a good card for $95 but we hardly use it anymore now that I have the Sapphire Reserve. I was updating the annual fee spreadsheet and gave one more look at deciding if I wanted to keep the card or not. Continue reading “Why You Should Keep Your Sapphire Preferred Card”

A Year Of Retention Offers

When I’m charged the annual fee for a credit card, I take time to think if I want to keep, downgrade or cancel the card. For me to keep the card and pay the fee, without having any guilt, the benefits I receive have to be worth more than I’m paying for the card. Those benefits may come in the ability to earn points that allow Sharon and I to go on amazing trips around the world. A card might also provide certain savings on travel like getting a free checked bag with an airline or free WiFi when staying at a hotel. There also also cards that make our travel more comfortable by giving us access to airport lounges or room and car upgrades, like the SUV we received when we rented a base sedan from Sixt.

I’m not a computer programmer, but the equation is a simple one

  • If card benefits > cost, then keep card
  • If card benefits < cost, then cancel card

But what happens if when I go to cancel a card, the bank does something to alter the calculations? That’s how retention offers work.

Continue reading “A Year Of Retention Offers”