July 2025 What's in My Wallet: Best Credit Cards to Keep, Cancel, or Downgrade

Jul 17, 2025

Explore the nuanced world of credit cards as the hosts delve into personal wallets! They examine a variety of cards, discussing the perks and fees of each one. Topics include the Alaska Mileage Plan, Chase Sapphire, and the Amex Platinum card. Listeners get tips on which cards to keep, downgrade, or cancel based on travel habits. The conversation is filled with valuable insights for savvy travelers looking to optimize their rewards strategy!

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ADVICE

Keep Alaska & Bilt Cards

Keep the Alaska Mileage Plan card for earning miles on rent and other spend.
Keep the Bilt card for rent payments and small subscriptions due to no annual fee.

ADVICE

Downgrade Chase Sapphire Reserve

Downgrade Chase Sapphire Reserve to Chase Sapphire Preferred to avoid rising fees.
New Reserve perks are not valuable due to little use of Apple, StubHub, and Lyft credits.

ADVICE

Maintain Separate Amex Platinum Cards

Keep Amex Platinum cards for individual lounge access despite annual fee hikes.
Each traveler having their own card is simpler and economically viable than sharing access.

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