I pay more than $4,000 in credit card annual fees, but with my travel schedule it's worth it thanks to the rewards and perks like free hotel night rewards
, so it's not hard for me to take advantage of the travel perks my cards offer.
Here are the details of my cards, their annual fees, and why I'm happy to pay them — in approximate order of how important the cards are to me and which benefits justify me keeping the card. While I do have some cards without annual fees that I love, those will not be included here.Keep in mind that we're focusing on the rewards and perks that make these credit cards great options, not things like interest rates and late fees, which can far outweigh the value of any rewards.
When you're working to earn credit card rewards, it's important to practice financial discipline, like paying your balances off in full each month, making payments on time, and not spending more than you can afford to pay back. Basically,While some cards may have overlapping benefits, once I've mentioned a benefit offered by one card , that benefit will not weigh into whether or not I keep a card that is lower down on my list.
I'm splitting my cards into two categories: my "spending cards" and my "holding cards." Some of my cards have benefits like an annual free night reward that make it worth it for me to keep them, but not generally spend money on, while other cards offer great spending benefits as well, such as strong bonus rewards. My spending cardsThis is my most important credit card. It offers a $300 annual travel credit each year, which effectively brings the annual fee down to $150.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
I'm living on $60 a week for a month in Los Angeles—here's howAfter an expensive move from NYC to LA, I'm ditching my credit cards for a month and limiting my spending to $60 a week, in hard cash.
Read more »
Marriott Bonvoy Brilliant Amex review: A premium hotel credit card for Marriott loyalistsThe Marriott Bonvoy Brilliant has a high annual fee, but offers plenty of perks that make it worth it for frequent Marriott guests, including a $300 annual credit for Marriott stays
Read more »
Credit One Bank and American Express launch new cash-back rewards credit cardCredit One Bank and American Express announced the launch of a new credit card on Wednesday. Cardholders receive unlimited 1% cash-back rewards on all purchases, in addition to a range of benefits.
Read more »
GPS company removes suspected killer's ankle monitor after he failed to pay its monthly feeThe district attorney's office called it a 'troubling loophole' that must be closed.
Read more »
11 Celebrities on Why They DGAF About Cellulite'I'm not ashamed of a few lumps, bumps or cellulite…and you shouldn't be either.'
Read more »
31 Clever Halloween Costumes You Can Get For Under $30I'm gonna be 'financially responsible' for Halloween.
Read more »