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Hello all:

My first post to the Credit Card Boards pertains to those frequent flier Visa cards and how to determine whether or not to keep using them.

I received an offer from American Airlines about two years ago: sign up for their $50 Annual Fee Citibank Aadvantage card, and get one free companion round-trip ticket. I got the card: one round trip ticket (I went from DC-Dallas with a friend) cost about $300, so the split for my friend was about $150 and for me (including annual fee) was $200. Considering the varied cost of travel within the US, I considered that to be a decent to good deal.

I also like having a Visa card with a well-known bank name, such as Citibank; I recently had all my belongings stolen while travelling in LA, save my wallet and camera. I cancelled my Visa card nonetheless, as my card # was on my stolen travel itinerary, and Citibank was able to cancel, reissue and send me a new card the next day.

What I'm wondering is how should I determine whether or not to keep the card. I never carry a credit card balance, so interest rates to me aren't an issue. Most of my frequent flier miles are actually with Continental (I'm *this* close to getting an International round-trip based on bonus miles!) and unlike Continental miles, American miles expire. I'm also single and rent rather than own my home, so I'm not accumulating a ton of miles (eg spending) per month.

Hmm . . . it seems I've talked myself out of keeping a card with an annual fee. :) The other piece of information: in my previous three years out of college in different careers I travelled quite often on business, racking up mileage points, but now as a much happier Fool, I don't travel for work . . . at least not yet.

Any other comments or discussions about Frequent Flier visa cards or benefits/drawbacks to cards with annual fees? Thanks for the input!

Happy Holidays and soon to be Happy 1999!

TMF Dukie
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