Are most of you downgrading cards like the CSR or holding them through this COVID period? My CSR annual fee hit in May and payment is due on my June statement, which closes in a few days. (Continued)

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Use the “pay yourself back” option to cash out your points at 50% bonus. Also, groceries add up. Still pays for itself pretty quickly. DoorDash credit goes into this cycle since it’s new since you last paid.

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Yeah I’m considering the “pay yourself back” option but I could probably use that option today and then downgrade the card tomorrow if the annual fee isn’t deemed worth it. And groceries can add up, but I’m living with my parents and I’d likely use the $300 “travel” credit to buy a gift card, and I thought I heard the 5x on grocery purchases ends at the end of June aka 5 days from now. And I thought doordash was a calendar year perk, as in, Ive used the perk for 2020 and I’ll get $60 more to spend in 2021, which I assume would be the case even if I downgraded the card now and upgraded the card at some point next year

I already used the DoorDash credit for 2020, but I live with my parents and don’t have many expenses, especially during this COVID period. The majority of my expenses were travel and eating out with my girlfriend, but we don’t do much eating out anymore. I got the $100 credit in annual fee ($550 down to $450) so I’d use the $300 credit on groceries, bringing the annual fee down to $150 ($450-300), but I still don’t know if it’s worth it since I don’t see traveling in the future (and I was thinking about upgrading back to CSR when travel was more likely), but the issue is that, at that point, the $100 annual fee reduction credit would be gone and my annual fee would effectively be $250 instead of the $150. So I’m trying to weigh the pros and cons..any thoughts?

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Typically yes, but they’ve expanded the $300 “travel” credit to include gas station and grocery store purchases through 12/31/2020 since they realize many won’t be traveling

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