I have an Alaska Airlines Signature Visa card. I will be moving out soon after graduation. With that said, a lot of extra expenses will arise, like rent, utilities, and so on. I also love to travel, so I use my miles card for most purchases and have never missed a payment yet, paying it off in full each time. The downside is it’s $70-$75 a year, and I want to save money, and this card only applies to AK Airlines and their partners (like AA and Delta).
I know there are other cards out there with similar benefits. Amex Blue Sky looks to be the best, applies to any airlines, and has no annual fee whatsoever. But my AkAirlines card already has a $7,000 spending limit (highest for me so far). I’d like to switch over to Amex, but is it smart?



There is nothing wrong with the first posters answer concerning checking out the cash back cards, always an option. But with that being said, the Amex Blue Sky is probably one of the best travel rewards cards that is out there.
If that is the card that you prefer then I would suggest trying to get it before you close the AA Signature. Then, if approved, you might call BoA/FIA and tell them that the AA card no longer fits your needs and ask them if they will convert the card to another one. Before calling you should look over their products and have the names of at least 3 cards that you may want to convert to. Not all cards qualify to be converted to, or from, so it would be better to have several choices in case your first choice is shot down. Keep in mind that BoA has been somewhat finicky about converting cards ever since the Card Act (amazing how creditors like to blame everything on that). But, it never hurts to try.
Converting is not the same as applying for a new card. So if you can convert the card then the card you convert to will have the same open date, history and (should have the same) credit limit as the AA. If they won’t convert then close it if you no longer want to pay that AF.
Good luck and happy traveling.
Apply for a no-fee cash back card. Airline cards subject you to a single/group of carriers that may not go where you want to go. Plus the annual fee makes them not the best financial option.
A no-fee cash back card can be used to buy anything including airline travel that you likely can book for a discount anyway.