Midtier Airline Cards Increasing Fees
Many midtier airline credit cards are now moving towards charging 3-digit annual fees, leaving cardholders wondering whether the perks offered are worth the cost.
What Are Some Common Perks Offered?
Some common perks offered by midtier airline cards include:
– Free checked bags
– Priority boarding
– Lounge access
– Companion tickets
– Travel credits
– Elite status qualification
Are The Perks Worth the Increased Fees?
Some factors to consider when determining if the perks are worth the increased fees include:
– How often do you fly with that particular airline?
– Do you take advantage of the perks offered?
– Can you maximize the value of the perks to offset the annual fee?
– Are there alternative cards with similar perks but lower fees?
What Should Cardholders Do?
If you are a current cardholder facing a fee increase, consider the following options:
– Calculate the value of the perks you use versus the annual fee.
– Contact the credit card issuer to negotiate a retention offer.
– Look into downgrading to a lower annual fee card within the same card family.
– Compare other credit card options to see if there are better deals available.
Ultimately, whether the perks offered by midtier airline cards are worth the increased fees will depend on your individual travel habits and preferences. Be sure to carefully evaluate your options before making a decision.
