Another day, another fee. The real winners in this game are clearly the credit card companies. They get you coming and going. That’s why it’s silly to feel bad when you complain or persist with an agent about a reasonable retention offer.
Today I was hit with a $95 annual fee on my SPG Business card, a card which has many benefits that are not beneficial for me: I already received the 2 stay credits so technically I could cancel and still enjoy that benefit. I am already an SPG Platinum so Sheraton lounge access, a feature the card provides, is superfluous. The Amex Platinum gives me Boingo access, something I barely use anyway, so this perk doesn’t tickle my fancy. Since I don’t rep the D by wearing John Varvatos, I don’t find too much use for Amex offers. Finally, I kept the SPG Personal so I will still get points for SPG stays booked on this card and avoid foreign transaction fees.
Clearly I should cancel, right? Let me tell you why I did not. First, I still have no idea what is going to happen with the Marriott merger. I’m like to pretend that it isn’t going to go through which is why I am still aiming to hit Platinum again for 2017. Keeping both cards may prove useful somehow. Second, the agent offered me 3000 SPG points which is a $90 value. Why do I value SPG points at 3 cents? Because that is the cost in points or cash of staying at one of my favorite hotels, the Aloft Bangkok.
And with that, another fee has been paid.