Award Travel 101

When to Hold 'em and When to Fold 'em

Season 3 Episode 63

Thanks to a recommendation from a member, we decided to review when to hold 'em and when to fold 'em.

  • Is there long-term value?
  • Are the benefits enough to offset the annual fee?
  • If not, is there a retention offer?
  • If no offer, is there a path to product change to preserve the credit line to help with utilization ratio
  • If there's no path to product change, consider closing the card as long as it’s not the oldest card
  • If no annual fee, little reason to close. If you’re not using them though, put a small charge on them periodically.

Links to Topics Discussed 

Where to Find Us

  1. The Award Travel 101 Facebook Community.
  2. To book time with our team, check out Award Travel 1-on-1.
  3. You can also email us at 101@award.travel
  4. Buy your Award Travel 101 Merch here
  5. Reserve tickets to our Spring 2026 Meetup in Phoenix now. award.travel/phx2026

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