I have been using the Barclays Arrival Plus for the past year as my "roadtrip" card. For budgeting /tracking purposes I put all trip expenses on it instead of my regular everyday visa. I noticed my annual fee is coming due and am not sure if it makes sense for me to keep the card though (my normal visa is free but only earns 1% rewards). Does anyone have any thoughts on this?
You can downgrade the card to a no annual fee version. You will still earn 2X on travel but 1X on other purchases. And most likely you will still be able to participate in the travel community.
My initial thought is you would receive a lot back more in rewards if you used your Arrival Plus for both road trips and every day spend. It wouldn't keep separate pots like you have arranged now, but you'd more than double your rewards for every day spend. Earning from everyday spend is kind of the beauty of this card, so take advantage of it.
It's honestly a little hard for me to defend keeping the card with the annual fee, when there are 2% straight cashback cards out there with no fee. I wish Barclay would do something to up the game on this card a little...
@Lenin1991 When I first got this card, they offered 10% miles back. Later, they downgraded it to 5%, but kept the annual fee the same. I agree they should do something to be more competitive with other card issuers. I am looking into Chase Sapphire Reserve since there are a plethora of benefits with that one (Priority Pass/lounges, TSA/Global Entry reimbursement, $300 travel credit, 1.5x on travel bookings through Chase portal, etc.) -- lots of travel comforts to entice a cardholder on long international hauls.
Yeah, that card is a different creature though, considering the fee!
But for the reason mentioned above, I recently downgraded by Arrival+ to the no-annual-fee Arrival. It keeps the chip+pin and no foreign transaction fees. And it even has a lower redemption threshold ($25)!