Treat it like any other subscription
A fee-carrying card is a paid service. You would not keep a streaming subscription you never open, and the same test applies here. The fee is justified only by benefits you would have paid for anyway, or by earning rates that clear the fee on your genuine spending.
Do the arithmetic on your own numbers
Take the elevated earning rate, subtract the rate you would get on a no-fee alternative, and multiply the difference by your realistic annual spend in those categories. If that number does not comfortably exceed the fee before you count any perks, the card is being sold to you on perks alone.
Count only the credits you will really use
Statement credits look generous on a marketing page and often go unused in practice. A credit that requires a specific merchant, a monthly claim or a category you rarely touch is worth a fraction of its face value to you. Count it at what you would honestly redeem, not at the number printed on the offer.
If you need a spreadsheet and a reminder calendar to break even on a fee, the card is charging you for someone else lifestyle.
Fees are not permanent decisions
Spending patterns change. A fee that made sense during a travel-heavy year can stop making sense the year you buy a house. Set an annual reminder a month before your renewal date and rerun the same arithmetic on the last twelve months.
The honest default
For most people most of the time, a no-fee card handles everyday spending perfectly well. A fee is worth paying when your spending is genuinely concentrated in the categories that card rewards, or when the benefits replace something already in your budget.
