We’re back, and the blog will actually be more active.
The Arrival+ is a popular card because of it’s large signup bonus, [backup] PIN capabilities, and effective ~2.105% earning rate. However, its $89 annual fee and Barclay’s tendency to not give waivers means it’s unlikely to hold a place in a wallet for more than a year.
Instead of immediately cancelling, consider first downgrading to the no annual fee Arrival. The standard conversion process gives a bonus of 1000 miles after your first purchase with the card. Choosing to cancel immediately leaves ~$10.53 on the table.
Combine that with the fact that the Arrival still has the lower redemption threshold of $25, and it’s much easier to get rid of any remaining points balance you may have had on the card.
The only reason I can see for cancelling without first downgrading is if someone needed to free up their credit limit with Barclay so they could get a different card. However, that only makes sense as an immediate need for something like a limited time offer since you can still cancel the regular Arrival after getting the bonus.
Other than that, there’s little downside to first downgrading before cancelling.