✈ Credit Card Retention Offers, AirTags Save the Day Again & More Daily News From TPG ✈

Also: Newark's new Terminal A set to open [The Points Guy]( WHAT YOU NEED TO KNOW TODAY Jan 6, 2023 CREDIT CARDS: TO KEEP OR CANCEL Hi from Senitra Horbrook, TPG’s credit cards editor. This is my first contribution to the daily newsletter and I look forward to sharing my expertise with you over the coming months. The arrival of the new year brought my first annual fee, due this week for [The Platinum Card® from American Express](. This caused me to ask myself: Should I keep or cancel the card? If you’re on the fence about keeping a credit card, you can reach out to the issuer for options. You may be offered the opportunity to downgrade your card to one with a lower or no annual fee. The issuer may also have a retention offer, such as a statement credit or bonus points, to entice you to keep the card for another year. I’ve had my Platinum card since late 2020 and received a retention offer last year. The Amex Platinum has a hefty annual fee of $695 ([see rates and fees]( and I also have both the American Express Platinum Card for Schwab and Business Platinum Card® from American Express]( so canceling this card would not create a big hole in my card portfolio. Still, it’s been nice having double (or even triple) perks, such as the statement credits for airline incidental fees, digital entertainment, Uber and Saks Fifth Avenue. (Enrollment is required for select benefits.) The information for the Schwab Platinum has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer. I contacted Amex by chat to inquire about a retention offer, but I was told there were no offers available for me. So I decided to cancel my card. Check out these stories for more on retention offers and how to decide if you should keep or cancel a credit card: - [Your ultimate guide to credit card retention offers]( - [How 5 minutes of chat got me 85,000 points plus $150]( - [Is the Amex Platinum worth the annual fee?]( - [How to cancel a credit card]( Photo by Senitra Horbrook/The Points Guy. Senitra Horbrook, Credit Cards Editor Posts in this newsletter contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, [visit this page](. TODAY'S TOP STORIES [Newark’s stunning new Terminal A opens in just 1 week]( After a slight delay, the long-awaited opening day has been announced. [Read more]( [In a sea of checked bags, the $29 Apple AirTag is my holiday hero]( AirTags have proven to be money well spent. [Read more]( [Here’s why you need both a personal and business Marriott Bonvoy credit card]( Hint: It's the perks! [Read more]( [The 8 best places to visit in January]( Start making travel plans. [Read more]( [Free Wi-Fi is officially here as Delta unveils new personalized inflight experience]( Free Wi-Fi is only the start of a new personalized experience, dubbed Delta Sync, that was unveiled Thursday. [Read more]( THE LATEST 1 [5 things you should never pack in a checked bag — even though the airlines allow them]( 2 [Losing elite status this month? Keep benefits with these airline status matches and challenges]( 3 [The best cruise booking perks – and which ones are actually free]( 4 [Play deal: 23% off fares to Europe for the new year]( 5 [Book round-trip flights to Hawaii for as little as $197]( 6 [Save 23% on the Big Apple's best hotels with NYC Hotel Week]( 7 [Swiss first-class awards now bookable with United miles, but there's a catch]( 8 [American is cutting 3 more US cities, bringing pandemic-era total to 18 market exits]( 9 [Southwest Airlines customer service woes: From refund frustrations to missing bags]( 10 [This cruise line is doubling room service fees for orders around the clock]( [fb]( [insta]( [yt]( [tw]( [in](#) [mail](mailto:tpg@thepointsguy.com) You are receiving this because you opted in at [thepointsguy.com](. Where to find us: The Points Guy 100 5th Ave., 16th Floor New York, NY 10011 USA0 USA Changed your mind? You can [update your preferences]( or [unsubscribe]( at any time. Advertiser Disclosure: The credit card offers that appear on the website are from credit card companies from which [ThePointsGuy.com]( receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. Please view our [advertising policy page]( for more information. Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. THE POINTS GUY © ALL RIGHTS RESERVED 2023