Hi Carrie:

I got married and we are trying to consolidate credit cards. We share a Amex card already and would like to get a MC/Visa as a backup.

I have a airline mileage visa with a 20K limit on it and a zero balance. I have had it for ~9 years and never been late or ever carried a balance on it--but it is $60/year and I would rather have cash back and/or a no-fee card. I don't feel like the $60 equals much when it comes to the mileage benefit.

I called the credit card company and they said I cannot change out of this card to a no fee card. I have to close it and get a mileage business card or cancel it totally. Nice.

I am thinking of just canceling it totally. We already have a house and don't plan to buy a car in the next two years. We both have really good credit scores already (700+). I have a no fee MC (that I have owned for ~9 years as well) from our insurance company that would be a great back up.

What do you think I should do about the mileage Visa?

Thanks.