CancelNest
Credit card annual fees · Updated 2026

Annual fee - worth it or cancel?

Honest keep/downgrade/cancel breakdowns for every major card · Free guide

Your annual fee just hit - or it's coming up. Run through our breakdown before you call to cancel. We cover the math, the benefits you're actually using, and what to switch to.

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Credit card annual fee breakdowns

Amex Platinum Card
$695/yr
American Express
Lounge access, hotel credits, airline fee credits - but only worth it if you travel frequently and use the credits.
⚖ Depends on usage
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Chase Sapphire Reserve
$550/yr
Chase
$300 travel credit offsets the fee significantly - but if you're not using points or the travel credit, hard to justify.
✓ Worth it for travelers
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Amex Gold Card
$325/yr
American Express
Strong dining rewards but the credits require specific vendors. Worth it for heavy restaurant spenders.
⚖ Depends on dining spend
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Capital One Venture X
$395/yr
Capital One
10,000 anniversary miles + $300 travel credit make this nearly self-funding for most users.
✓ Worth it for most
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Chase Sapphire Preferred
$95/yr
Chase
One of the most popular travel cards - low fee but worth reviewing if you're not using the travel benefits.
✓ Worth it for most
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Amex Blue Cash Preferred
$95/yr
American Express
6% back at US supermarkets up to $6,000/yr. Easy to justify for most grocery-buying households.
✓ Worth it for families
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Delta SkyMiles Gold Amex
$150/yr
American Express / Delta
Free checked bag and priority boarding - worth it if you fly Delta even a few times a year.
⚖ Depends on Delta usage
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Marriott Bonvoy Boundless
$95/yr
Chase / Marriott
Free night certificate each year covers the fee - only worth it if you stay at Marriott properties.
⚖ Marriott loyalists only
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Hilton Honors Surpass
$150/yr
American Express / Hilton
Diamond status and free weekend night - great value for Hilton loyalists, weak for everyone else.
✗ Cancel if not Hilton-loyal
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Citi Strata Premier
$95/yr
Citi
Solid travel rewards but no lounge access and fewer perks than Chase/Amex alternatives at this price.
⚖ Compare alternatives first
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