I will offer to thee the sacrifice of thanksgiving
For deliverance from afflictions and death; for loosing his bonds, in every sense; for all mercies, temporal and spiritual; see ( Romans 6:17 ) ; Such sacrifices are according to the will of God; are well pleasing to him, when offered up through Christ, and in faith, and are a glorifying of him. These are more acceptable than all ceremonial sacrifices; and therefore the psalmist determined to offer this, and not them;
and will call upon the name of the Lord; (See Gill on Psalms 116:13).