When to Hold 'em and When to Fold 'em

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Post of the week Penina Olar - My husband and I are considering a trip to Asia this summer. When is the best time book with points? My husband wants to fly business class but it’s showing the miles to be at 200K per person for one way. Will the price come down if I book closer to our trip? Most likely going in June. NewsZorkcast Episode of “Yo 11 Minutes” 70 - status matchingComplete Guide to Wells Fargo Transfer PartnersAir India Refreshes it’s Flying Returns ProgramIberia Plus Bonus: New Milestone RewardsApplication Fee Is Going up for Global Entry, NEXUS, and SENTRI, Kids Will Be FreeWhat bonuses did we get?AngieWhere's my 20K point checking account bonus?JoeAlaska Business CardAlaska Consumer CardTrip updatesAngieModified India trip - 3 separate carriers on 3 different ticketsDomestic flights used Business Platinum portal to get 35% points backJoeChicago Seminars flights 7K out & 11.4K back. Hotel (16K WOH) bookedTampa Dad/Son trip using 50K Breeze and 28K Southwest points plus WOHBooked GH Tokyo using 95K + Suite Upgrade Award $1,200 per night ($3,600)Highlight Feature: Strategy - When to Close Cards 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 t0 product change to preserve the credit line to help with utilization ratioIf there's no path to product change, consider closing the card as long as it’s not the oldest cardIf no annual fee, no reason to close. However, sometimes it helps if you close some no fee cards with no value. This was something one of our moderators did to get a Capital One card. If you’re not using them though, put a small charge on them periodically.Where To Find the Award Travel 101 Community

For questions, you can join us in the free 100,000+ member Award Travel 101 Community. For more intermediate and advanced strategies, join Award Travel 201 community To book time with our team, check out Award Travel 1-on-1. You can also email us at [email protected]. Support the AT101 Podcast/Community