Competition in the premium travel rewards card segment continues to heat up. Chase and Amex have been going at it lately with Chase introducing the Sapphire Reserve card and Amex making enhancements to both the personal and business versions of the Platinum card. Now we have a new entrant into the fray: the Altitude Reserve card from US Bank.

Have your hopes for a dream vacation ever been ruined by a lack of airline award availability? Do you have miles in a bunch of different programs but not enough in any particular one to book an award? Do you find yourself confused by complicated airline award charts and routing rules? There is a great way to add simplicity and flexibility to your travel rewards portfolio: fixed value points.

The time to think about downgrading a premium credit card is when your annual fee is due and you don’t feel that the benefits you’re getting from the card are worth it anymore. There are many reasons to downgrade instead of just closing your account.