The $99 annual fee came due on my jetBlue card. I received the JetBlue 30k signup bonus last year and took a points qualifying flight that netted me 105k JetBlue points. A year later, I have to decide whether it is worth keeping the card. The perks of the card include a 10% rebate on all flights taken and 5k in anniversary points. Luckily, the 5k posted to my account before the fee is due. This leaves me to analyze if the 10% rebate makes keeping the card worth the fee.
In the last year, I redeemed 43,000 points by going to Colombia, Barbados, and Trinidad. I received 4,300 back in rebates. This year I have no flights booked on JetBlue and no big plans to go anywhere they fly. Assuming I fly the same amount as I did last year, I would lose 4k in points by not keeping the card. This amount is offset by the fact that the bonus was already credited. As a result, I see no reason to hold onto the card and will save my $99.
I’m sick of paying annual fees and really need a big retention bonus to stick around, something that Barclays hardly ever offers me.
Anyone holding on to his/her card or was lucky enough to get a retention offer?