I’m trying to get into more travel hacking but having to keep track of so many cards is a little bit overwhelming to me. One question that I haven’t really seen an answer to is what to do about cards with annual fees. Do you just cancel them when the fee comes due?
Question 2 - if you cancel a young card, does it affect the age of your credit? I.e.lets say you have two cards, one that’s a 10 year old card and the other that’s a brand new card. If you cancel the brand new card within a year, does your average credit age go back to 10 years or do you permanently have a 1 year old card bringing down your average credit age forever?