Which cards to drop
 

I have the following:

Schwab 2% Visa -- going to end soon.

Skymiles Amex Platinum -- Long-time SM member but looking at other FF programs because of the rewards redemption problems.

Platinum Amex -- just got 6 months ago. Got two 50k points transfers so definitely worth the first year $450 fee.

Chase Sapphire Preferred -- just got it and working on the $3000 spend.

Citi AA Amex -- got it almost a year ago, with the 75k AA miles.

Logical choice right off is the Skymiles Amex Platinum. Already in the process of doing a status match challenge with CO.

Citi AA Amex is another candidate buy my AA balance is over 85k, not enough for redemption. For now, probably going to concentrate on CO/AA and Star Alliance for getting status and miles. But without a card it would be hard to keep the 85k AA miles active with minimal purchases here and there.
Plus I would need an Amex to use at Costco once I get rid of the Platinum Amex.

The other wrinkle is that with Schwab going away, I was looking at replacing and one candidate would be the Fido Amex. Other choice would be Capital One Cash or Venture with 1.5 or 2% rewards.

Not really sure how to advise you on this but before you drop your Amex Platinum please be sure to take advantage of their $200 airline credit for both 2011 and 2012 - as it's my understanding the credit is calendar year based, regardless of your renewal date. For ideas you can reference this thread on different strategies...

http://www.flyertalk.com/forum/ameri...-strategy.html

You've started an identical thread here and in the Credit Cards forum (http://www.flyertalk.com/forum/credi...ards-drop.html), which is prohibited by the FT T&C. IMO, this belongs in the other forum & not in MilesBuzz.

Sorry posted first in the wrong forum. I don't think I can delete this thread or consolidate both of them.

See the thread linked above. This thread is now closed.