Applying for a new card is exciting, but as time goes on, the same card may no longer serve your needs or fit your lifestyle. You could cancel your card, but that might affect your credit score and cause you to forfeit all of the rewards you've accumulated.
One way to protect your credit score, established line of credit and relationship with an issuer is to downgrade a credit card. Consider the Citi Strata Premier® Card (see rates and fees), a popular mid-tier travel card with a $95 annual fee.
Although the card has a low annual fee, cardholders may find it hard to justify paying it over time. The card's main travel benefit, the annual $100 hotel credit, is limited as it requires a hotel reservation of at least $500 booked through Citi Travel.
A great solo travel tip spotted this week on The Points Guy Articles.
