The Daily Drop Podcast

Upgrade, downgrade, or cancel?

December 14, 2023 Daily Drop Season 1 Episode 15
Upgrade, downgrade, or cancel?
The Daily Drop Podcast
More Info
The Daily Drop Podcast
Upgrade, downgrade, or cancel?
Dec 14, 2023 Season 1 Episode 15
Daily Drop

Join Mike and Megan as we dive in head first to the best travel hacking content. In this episode, we answer a listener's question about canceling or upgrading a card. We chat through the strategy of keep, upgrade, downgrade, cancel and when you should consider these options.

Episode Time Stamps:

0:21 - Listener question
1:02 - Mike’s answer to the question
1:54 - Why even consider doing a product change
2:39 - When to keep a card
4:30 - When to upgrade a card 
8:17 - When to downgrade a card 
9:16 - What to keep in mind for upgrade or downgrade 
11:03 - When to cancel a card
12:30 - Retention offers
14:14 - Should I NEVER cancel a card?
16:53 - Do we have any cards we’re thinking of upgrading, downgrading or canceling? 
17:28 - Surprising thoughts on the Amex Platinum
20:12 - What if I’m uncertain on what direction to go in?

Keep Up With Daily Drop:

Stay up to date with the newsletter: https://dailydrop.com/
Join the Lounge: https://www.facebook.com/groups/dailydroplounge
Check out our top cards: https://dailydrop.com/pages/our-top-credit-cards
Follow along on Instagram: https://www.instagram.com/dailydrop/
Hang out on YouTube: https://www.youtube.com/@DailyDrop
Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast

Show Notes

Join Mike and Megan as we dive in head first to the best travel hacking content. In this episode, we answer a listener's question about canceling or upgrading a card. We chat through the strategy of keep, upgrade, downgrade, cancel and when you should consider these options.

Episode Time Stamps:

0:21 - Listener question
1:02 - Mike’s answer to the question
1:54 - Why even consider doing a product change
2:39 - When to keep a card
4:30 - When to upgrade a card 
8:17 - When to downgrade a card 
9:16 - What to keep in mind for upgrade or downgrade 
11:03 - When to cancel a card
12:30 - Retention offers
14:14 - Should I NEVER cancel a card?
16:53 - Do we have any cards we’re thinking of upgrading, downgrading or canceling? 
17:28 - Surprising thoughts on the Amex Platinum
20:12 - What if I’m uncertain on what direction to go in?

Keep Up With Daily Drop:

Stay up to date with the newsletter: https://dailydrop.com/
Join the Lounge: https://www.facebook.com/groups/dailydroplounge
Check out our top cards: https://dailydrop.com/pages/our-top-credit-cards
Follow along on Instagram: https://www.instagram.com/dailydrop/
Hang out on YouTube: https://www.youtube.com/@DailyDrop
Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast