As people look to reduce expenses one of the things worth doing is looking at your credit cards with annual fees and cancelling ones that don’t make sense to keep. Before you cancel, it’s worth asking for a retention offer to keep the card. We’ve got a full guide on retention offers here. Keep in mind at the moment a lot of cards offer benefits that are of no use, for example the American Express Platinum card offers centurion lounge access but those lounges are currently closed. This is leading to some higher than normal retention offers and also offers on cards where they normally wouldn’t be offered.