Keep, Cancel or Convert? Chase Marriott Bonvoy Boundless Credit Card ($95 Annual Fee)

Good morning everyone, happy Friday!  As part of my “Keep, Cancel or Convert?” series, I like to evaluate and reevaluate credit cards to make sure they still deserve a spot in my wallet (or credit card drawer). For today’s post, I was reviewing my Chase credit cards and noticed that the $95 annual fee posted to my Chase Marriott Bonvoy Boundless Credit Card.  I have had this credit card in various forms over the last few years, starting with the $395 JPMorgan Chase Ritz Carlton Visa Infinite Credit Card, then to the $85 Chase Marriott Rewards Premier Credit Card, then to the $95 Chase Marriott Rewards Premier Plus Credit Card, and now the $95 Chase Marriott Bonvoy Boundless Credit Card.  Hopefully that all made sense to you.

Even though I do not love Marriott Bonvoy (even more so after the upcoming Peak and Off-Peak pricing goes into effect), I have continued to keep this credit card for the free night certificate.  I can usually get $150-$200 of value from the Marriott Bonvoy 35K Free Night Certificate.  I always call when an annual fee posts and ask the credit card company to waive the annual fee (a really long shot), provide a partial statement credit (occasionally), or provide a targeted retention offer (sometimes).  If you do not ask, you have a 0% chance of success – the worst they can say is no.  So, what did I get offered and what I learn from the call?

Keep, Cancel or Convert? US Bank Radisson Rewards Business Credit Card ($60 Annual Fee)

Good morning everyone, I hope you had a great weekend.  As part of my “Keep, Cancel or Convert?” series, I like to evaluate and reevaluate credit cards to make sure they still deserve a spot in my wallet (or credit card drawer). For today’s post, I will review my US Bank Radisson Rewards Business Credit Card (no longer available to new cardholders) which just charged me the $60 annual fee.  The only reason I keep this credit card year after year is the 40,000 anniversary Radisson Rewards Points.  I am basically buying 40,000 Radisson Rewards Points for $60, which is 0.15 cents per point (CPP).  I probably value Radisson Rewards Points at 0.4-0.5 CPP, so I have no problem paying the annual fee every year.

Even though I planned on keeping this credit card, I called US Bank to ask if there were any retention offers available.  After reviewing my account, the rep first said she could cut my interest rate in half.  I politely declined that offer and said last year I was offered Radisson Rewards Points to keep the credit card open – was that offer still available?  The rep said yes, but it was only for 2,500 Radisson Rewards Points.  I told her that was better than nothing and accepted the offer.  The rep said I should see the 2,500 Radisson Rewards Points on my next statement.

Keep, Cancel or Convert? Chase IHG Rewards Premier Credit Card ($89 Annual Fee)

Good morning everyone, happy Friday!  Last week, I was checking my Chase IHG Rewards Premier Credit Card (currently offering a sign up bonus of 125,000 IHG Rewards Points after spending $3,000 in 3 months) statement and saw that the $89 annual fee posted to my account.  As part of my “Keep, Cancel or Convert?” series, I like to evaluate and reevaluate credit cards to make sure they still deserve a spot in my wallet (or credit card drawer).  There are 3 main reasons to keep this credit card: 1 free night certificate good for any IHG property up to 40,000 IHG Rewards Points, 4th night free when you pay for your entire stay with IHG Rewards Points, and 10x IHG Rewards Points when paying for IHG hotels (if you are a new credit card holder, you will get 25x at IHG Hotels for the first 12 months). 

This card is a keeper for me, but I decided to call Chase and see if they had any retention offers available.  I mentioned to the Chase rep that I also have the Chase IHG Rewards Select Credit Card and was hoping they would waive the annual fee on this credit card.  The rep looked at my account and said there were no retention offers available.  At that time, I thanked her for looking and told her I would keep the credit card open.

Keep, Cancel or Convert? Citi AT&T Access More Credit Card ($95 Annual Fee)

Good morning everyone.  As part of my “Keep, Cancel or Convert?” series, I like to evaluate and reevaluate credit cards to make sure they still deserve a spot in my wallet (or credit card drawer).  In today’s post, I will share my thoughts regarding my Citi AT&T Access More Credit Card.  I actually have 3 different Citi AT&T Access More Credit Cards, but my decision to keep, cancel, or convert all 3 credit cards is the same.  A few weeks ago, the $95 annual fee posted to my account.  This credit card is no longer available for direct applications, but you can convert from other Citi credit cards to the Citi AT&T Access Credit Card (no annual fee) and then upgrade to the Citi AT&T Access More Credit Card ($95 annual fee).  I love these Citi AT&T Access More Credit Cards and I will show you why I keep these credit cards year after year.

Keep, Cancel or Convert? Chase Marriott Bonvoy Premier Plus Business Credit Card ($99 Annual Fee)

Good morning everyone.  As part of my “Keep, Cancel or Convert?” series, I like to evaluate and reevaluate credit cards to make sure they still deserve a spot in my wallet (or credit card drawer).  In today’s post, I will share my thoughts regarding my Chase Marriott Bonvoy Premier Plus Business Credit Card (no longer available for new members), that was previously called the Chase Marriott Rewards Premier Plus Business Credit Card.  I was just charged the $99 annual fee and need to decide if this credit card is worth keeping for another year.