Join Date: Aug 2011
Location: Barcelona, London, on a plane
Programs: IB+ Gold, TK E+, Hyatt Globalist, Marriott LTP, IHG Diamond
Posts: 14,170
You should DEFINITELY cancel the card.
The card costs $95 per year I believe. You can stay at virtually any eligible Hyatt hotel in the US - even a Category 1 or 2 - and get $95 of value. But I guess you didn't in 2021 and don't think you will in the future...
But if the expiry of your free night bothers you so much that you don't want the credit card, why care about your elite status at a chain you have decided doesn't interest you any more?