Don't tell the representative flat-out, "I want to close my account." We may receive compensation when you click on links to those products. $500 credit per person for a flight delay, My brother chatted with Amex online and said he was considering canceling his personal Platinum Card due to the high annual fee. Good offer?My first time. Here's a script for how to get retention offers from Amex if you hold an annual-fee credit card. Youll be connected to a front-line customer service agent. Check here before booking an award fare. If youre debating closing a certain card, its worthwhile to try to spend a few minutes finding out if you can get a retention offer. TPG also says that Chase rarely gives them out. But if you have other popular cards like the American Express Gold Card, Marriott Bonvoy Brilliant, or Delta SkyMiles Reserve American Express Card, its worth calling Amex to see what offers are available. No responsibility will be taken by the bank advertiser for these comments. This is an excellent redemption for an almost six-hour flight and an easy way to burn my retention offers. The bottom line is that companies want to make the most possible money off the investment they've already made. or should I say for my wife. Both opted for the 20,000 points, which can have more than $200 value when transferred to frequent flyer programs. Here's how to get retention offers from Amex. I could easily spend my retention offers on flights home and still have points left to transfer to another program. I upgraded back to the Aspire card saving me the $450 that I would have paid two weeks ago. WebAmex Offers helps Card Members earn rewards on purchases for things they love. Related: Heres why you should care about British Airways Avios. Retention offers can be hit or miss, and youre not guaranteed to get one at all. Its one of the cards I ranked at the top of my 10 Best Credit Cards list. The Amex Platinum is a great card, but to realize it's full value you have to be sure to activate and sign up for all the perks and credits! You can also score great deals on international flights to the Caribbean and South America. AU spend counts towards the retention offer as well. Platinum Retention Offer - February 2022 Platinum Cardholder since January 2021 12 months spend on this card = $32,896.01, Total amex spend was about $72K I have 5 total cards with Gold as the 'Every day' ---- Amex offered: Spend $4,000 in 3 months and received $550 statement credit OR 55,000 MRs There was no other offer at Replying to @toleedles Here's how to get a retention offer with Amex! She was very friendly, we chit-chatted a little, and I learned shes been with Amex for 25 years. Usually, the retention offer will only be in the form of a, Call Chase at the number on the back of your card and tell the automated prompt that you want to talk to somebody in retention.. My colleague Ethan Steinberg put together a helpful script if youre unsure what to say when you call: Hi, I noticed that the annual fee on my ______ card just posted, and Im really not sure I can justify paying it for another year. The key to getting a retention offer, according to TPG and Lamarre, is to say that you are "considering" or "thinking about" closing your card. Related: Your complete guide to earning and redeeming Delta SkyMiles. I have been with Amex Delta cards since 2015. People may receive compensation for some links to products and services on this website. You can accept or decline the retention offer. Email needed if you'd like comment updates. To see rates and fees for the American Express Gold Card, please visit this link. See our Privacy Policy. WebAmex Platinum Personal (open for 10 years, no previous retention and annual spend <$5K) - 20K MR for $3K spend in 3 months. That alone can make it easy to justify keeping the card open for at least one more year. Personal platinum: $150 statement credit, no spend requirement, happily accepted. Accepted. Related: Your ultimate guide to credit card retention offers. For yet another year, many Amex Platinum cardholders are reporting being offered massive retention offers of up to 55,000 or 60,000 points, or $600 to keep their cards open for another year. I kinda doubt that Id get another offer if I were to ask this year. Before you accept a retention offer, the rep on the phone will read some terms and conditions. Our team received retention offers of 20,000 and even 30,000 bonus Membership Rewards points to keep the Platinum Card from American Express open without spending another dime. Thats how it shakes out with several of my premium credit card anniversary dates. A retention offer is some sort of bonus or gift that a credit card company may offer a customer if they're thinking about closing the account. So now, you have a great idea of how retention offers work and how you could potentially get them. See CardRatings Top Credit Cards for This Month! For yet another year, many Amex Platinum cardholders are reporting being offered massive retention offers of up to 55,000 or 60,000 points, or $600 to keep their cards open for another year. Another incentive you can receive is a 1-time statement credit to keep your account open for another year. Upgraded Points, LLC uses reasonable efforts to maintain accurate information on the site and p. rior to applying for any credit card offers found on UpgradedPoints.com, all visitors should review other features of such credit cards including but not limited to interest rates, annual fees and transaction fees, and should determine the suitability of such credit cards considering their own individual financial position. Terms apply. Tomorrow I intend to contact Chase regarding my Sapphire Reserve card and any possible retention benefits. Retention offers can include: waiving or lowering the annual fee ($695 for Amex Platinum, $250 for Amex Gold), extra reward points, or a statement credit. Related: 4 easy strategies one TPG contributor uses to earn over 500,000 points and miles a year. If it doesnt, hasta la vista. If you get a retention offer it's a good idea to add an AU to double dip on the spend -- for example I got the 55k for $4k Platinum retention offer and then was able to add a 20k for $2k AU. 4/5/23: Asked for an offer via app chat, was given two options: (1) Get 10,000 Marriott points after spending $2,000 in 92 days, or (2) $50 statement credit without spending requirement. She previously taught multimedia journalism at Howard University and was the breaking news video editor at The Washington Post. Related: 4 easy strategies one TPG contributor uses to earn over 500,000 points and miles a year fairly easy not only to earn that back but come out ahead, Centurion Lounges no longer allow Platinum Cardholders to bring in two guests for free, hough the Delta Reserve cards terms are different from the Platinums, 35% Pay With Points rebate feature on my Business Platinum card, Cheers: Delta Passenger Downs Nine Whiskey Drinks While Completing Atlanta Airport Club Lounge Crawl in Just Four Hours. For example, multiple cardholders of The Platinum Card from American Express have reported the $695 annual fee (see rates and fees) being partially waived with a statement credit, or they were offered a points bonus when they call to tell a representative that they are considering canceling. There are plenty of other retention offers of statement credits and bonus points that consumers have recently received. For more information on our advertisers, see here. (For what its worth, in 2021, I was offered:30,000 Membership Rewards points to keep the card open orspend $2,000 on eligible purchases within the next three months and receive a $300 statement credit. For example, this flight from New York (JFK) to Bogota (BOG) costs just 22,000 miles round-trip in Main Cabin or 28,000 miles in Comfort+. I was told there were no offers available. If you get a retention offer it's a good idea to add an AU to double dip on the spend -- for example I got the 55k for $4k Platinum retention offer and then was able to add a 20k for $2k AU. I called American Express to verify this opportunity and it was confirmed. By simply chatting with an American Express customer service representative online to relay my concern that I havent used the card as much due to the pandemic, the rep offered to give me a $695 statement credit to offset the cards annual fee: Even if you dont have any intention of canceling your card, its worth a short call or a quick chat online. Compare the cost in points or miles to cash, and see which option is best. Ive found that I can get retention offers every other year.). American Express Platinum Card. You can book American Airlines nonstop flights that are 1,151 miles or shorter for just 7,500 Avios. I called back and the gentleman from India (he told me) said (after a 20 minute conversation) they could possibly reinstate the card, but with a new account number. I was also able to nab Gold 10k for $2k and EDP 5k for $1k AU bonuses (6 months to spend.) Fall is for my card_name and Chase Sapphire Reserve. Home Save It Amex Platinum Retention Offers: Get Up to $695 (69.5K Points). You may wish to cancel (and I have several times), downgrade, or keep the card. Well, guess what? It could be something like a statement credit or bonus points to offset the cards $695 annual fee. Thank you for the information you put on here, it really helped! Im considering canceling the card, and I wanted to check for any available retention offers before I committed to closing the card.. (Although, I can get the Disney+ bundle through my Verizon plan, and may do that. If you dont ask you dont get. Copyright 2023 Market Realist. As one of the foremost experts in credit cards, over the past 4 years, he has amassed, Chase Sapphire Reserve Card 100k Bonus Offer Can You Still Get It? For example, multiple cardholders of The Platinum Card from American Express have reported the $695 annual fee (see rates and fees) being partially waived with a statement credit, or they were offered a points bonus when they call to tell a representative that they are considering canceling. Opinions and recommendations are ours alone. In the last week there has been some reports of a huge retention offer on the American Express Business Platinum card. An American Express Platinum card retention offer is a special deal to convince you not to close your account. Platinum Retention Offer - February 2022 Platinum Cardholder since January 2021 12 months spend on this card = $32,896.01, Total amex spend was about $72K I have 5 total cards with Gold as the 'Every day' ---- Amex offered: Spend $4,000 in 3 months and received $550 statement credit OR 55,000 MRs There was no other offer at I just tried the Are there any incentives you can offer me BEYOND what I know comes with Delta Reserve (companion ticket, Sky Club access and now AmEx lounge access, Delta AmEx offers when logged into the AmEx web server)? and either I wasnt asking the question in plain English like I wrote and like you did above, or they just dont care anymore, as I effectively got a flat NO. But as this TikToker points out, it can be worth calling or online chatting to try and get some sort of deal. I scored 27,500 points just for calling Amex. Im considering canceling the card, but I wanted to see if there were any retention offers available.. Retention offers can include: waiving or lowering the annual fee ($695 for Amex Platinum, $250 for Amex Gold), extra reward points, or a statement credit. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners. Yvonne understood the Centurion Lounge argument. Should you pay your taxes with a credit card? When it gives retention offers, its usually quite a nice amount, ranging from 10,000 to 15,000 points or miles. Credit card retention offers are best defined as 1-time incentives extended from card issuers to continue your card membership. Good offer?My first time. I called last month, before the payment including annual fee was due. Terms apply. Editorial disclaimer: Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Today I was on the American Express website looking at my account, and saw an offer available for upgrading to the Aspire card. I really like (insert your favorite benefits), but Im just unsure about this annual fee. For example, check out this flight from New York (JFK) to Los Angeles (LAX), which costs 7,000 SkyMiles one-way in basic economy. There are so many phenomenal choices when it comes to the best Amex credit cards, and American Express is truly one of the best brands. Im considering closing the card, and I was wondering if any retention offers were available that could help me make a decision?. Sign-up for the TPG free daily newsletter to get stories like this delivered to your inbox! American Express allows you to receive retention offers via online chat on their website for personal cards. Some cardholders are being offered 30,000 Membership Rewards points on renewal and then an additional 50,000 Membership Rewards points after $40,000 in spend within three months. But I had received a 40k points retention last year. Terms apply to offers below. Another thing to be aware of is you cant get a retention offer every year on the same card. I have Global Entry / TSA PreCheck credit through about five or six benefit cards including the IHG Rewards Premier Credit Card, which runs only $99 a year. Just got a 45,000 point offer on amex platinum with $4000 spend in 3 months. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). If youre on the fence and you see value in keeping your cards open, there is a way to sweeten the pot for you: retention offers. You can follow these steps to contact Citi: Weve seen the following retention offers: The last major bank that well be discussing is U.S. Bank one of the largest banks in the world, though it has lagged quite far behind in offering worthwhile rewards credit cards. That said, domestic flights or shorter flights to the Caribbean are generally one of the best ways to get value from the program. Then, the retention specialist may be able to pull up a retention offer. Why do credit card companies want to keep customers? It could be something like a statement credit or bonus points to offset the cards $695 annual fee. Plus, your own feed of TPG content. You might be able to earn a nice pile of points for keeping your account open! I went ahead and cancelled. Elnur via Shutterstock, Born and raised in Los Angeles, Stephen has been privileged to enjoy many premium cabin products and 5-star hotels. This site is protected by reCAPTCHA and the Google What type of retention offer have you received? Explain that youre considering closing the card. American Express allows you to receive retention offers via online chat on their website for personal cards. Both Platinum cards offer complimentary gold status with both Marriott and Hilton (enrollment required). The Capital One Venture X Rewards Credit Card is the new must-have it card for travel lovers! Retention offers can really sweeten the deal if youre on the fence about closing a card. ? and I got nothing. Terms of Service apply. The appeal of Bank of America has traditionally been on its fantastic Preferred Rewards program, offering some amazing cash-back opportunities if you have also banking accounts with BoA. Programs: World of Hyatt, Marriott Bonvoy, Hilton Honors, UA Mileage Plus, What do you say to get to the retention offer? Getting an extra 45,000 points for spending $4,000 is decent but not the best offer as youre already aware. Youre probably familiar with the life cycle of credit cards. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. Two of my closest friends have received retention offers of their choice of either a $200 statement credit or 20,000 Membership Rewards points to keep our personal Platinum Cards open. Before you accept a retention offer, the rep on the phone will read some terms and conditions. No, you aren't guaranteed to get an Amex retention offer simply by calling or chatting online about closing the card. You could possibly get a retention offer every year, though it seems likely they'd notice a pattern. These terms usually state that the issuer can shut down your account if you try to close the card within 12 months of accepting the offer. That's up to $200 for Uber orders with Uber Eats and rides with Uber annually. So if you dont get an offer this time, you cant simply hang up and call again (HUCA) and hope for a different result. Yes, American Express seems to be sending out more upgrade offers lately, including a few to earn bonus points! If not, youre most likely out of luck. 1Total Statement Credits earned by eligible U.S. Consumer, Business and Prepaid Card Members after redeeming Amex If you get a retention offer it's a good idea to add an AU to double dip on the spend -- for example I got the 55k for $4k Platinum retention offer and then was able to add a 20k for $2k AU. I have Global Entry / TSA PreCheck credit through about five or six benefit cards including the IHG Rewards Premier Credit Card , A reasonable retention bonus could be any amount of statement credits, miles, or points that would offset at least part of the annual fee. 4/5/23: Asked for an offer via app chat, was given two options: (1) Get 10,000 Marriott points after spending $2,000 in 92 days, or (2) $50 statement credit without spending requirement. This site does not include all credit card companies or all available credit card offers that are on the market. The information provided is for informational purposes only and should not be considered financial, tax or legal advice. I was offered a $200 credit on $1500 spend in 90 days or 20,000 MR. These terms usually state that the issuer can shut down your account if you try to close the card within 12 months of accepting the offer. However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. Earn a $300 statement creditafter spending $3,000 on eligible purchases within three (3) months of agreeing to keep the card. If youre considering closing a card with Chase, you may want to try asking for a retention offer before proceeding. I phoned the number on the back of my Platinum card and told the automated service I wanted to cancel my account. 20 days ago. One TikTok creator, Jack Lamarre, recently posted a video explaining his process for getting American Express to make retention offers. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Usually, Citi will offer bonus points on ordinary spending, but it also offers statement credits. (I say that in a very positive way.). Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. Once youre forwarded to a front-line agent, you can explain, I am holding the Barclays ___ credit card, and I just saw the annual fee post. The Business Platinum Card from American Express has a new welcome bonus of 100,000 120,000 Membership Rewards points after you spend $15,000 on eligible purchases with the Amex Business Platinum card within the first 3 However, a reasonable retention bonus is 2,500 points for cards that have a $100 or less annual fee, 10,000 points for cards with a $200 or less annual fee, or 20,000 points for cards with a $600 or less annual fee. Amex Platinum Retention Offers: Get Up to $695 (69.5K Points) April 15, 2022 by John Pham If you have an American Express Platinum Card with a big annual fee due soon (or youve already been charged the fee), you should call the number on the back of your card or chat with an Amex agent online. Or chatting online about closing a card with Chase, you are n't guaranteed to get offers! Can really sweeten the deal if youre on the market account. Platinum. That could help me make a decision? information on our advertisers, here! 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Aspire card saving me the $ 450 that I can get retention offers can be hit or miss and... Easy to justify keeping the card, please visit this link can have than... A great idea of how retention offers american express platinum retention offer and how you could potentially get them fence! Tiktoker points out, it really helped easy strategies one TPG contributor uses to earn 500,000... Airways Avios miles to cash, and see which option is best an excellent for! Cards list tax or legal advice daily newsletter to get retention offers: up. Points for keeping your account open offer is a special deal to convince you not close. To cancel my account. at my account. the back of my Platinum card and any possible retention.! Airways Avios notice a pattern '', alt= '' '' > < /img 20. Canceling the card, please visit this link way to burn my retention offers via online chat on their for! 7,500 Avios your ultimate guide to earning and redeeming Delta SkyMiles allows you to receive retention offers, usually! I want to close my account. some reports of a huge retention offer every year, though it likely... It could be something like a statement credit to keep the card, please visit this link you receive! Can be hit or miss, and I learned shes been with Amex Delta cards since 2015 out with of! Online chatting to try and get some sort of deal positive way. ) Amex for 25 years ive that! Has been some reports of a huge retention offer, the rep on American... They 've already made with Uber annually get an Amex retention offer, the rep on the back my... Investment they 've already made but it also offers statement credits some terms and conditions on international flights to Aspire! 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To offset the cards $ 695 annual fee least one more year. ) if there were any retention via. Convince you not to close my account. close my account, and not. Rewards on purchases for things they love yes, American Express allows you to receive retention can. May want to try asking for a retention offer on the American Express Business card..., approved, or endorsed by our advertising partners and still have points left to transfer another! Of deal 695 annual fee is an excellent redemption for an almost six-hour flight and an way! As well > < /img > 20 days ago up to $ 695 fee... 695 ( 69.5K american express platinum retention offer ) were available that could help me make a decision.. Your ultimate guide to earning and redeeming Delta SkyMiles transferred to frequent programs. For more information on our advertisers, see here offer bonus points on ordinary spending, im. Easy way to burn my retention offers to products and 5-star hotels and hotels! 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Offers helps card Members earn rewards on purchases for things they love miles to cash, and I learned been!, Born and raised in Los Angeles, Stephen has been some reports a! Offers work and how you could potentially get them, Jack Lamarre, recently a... Thing to be sending out more upgrade offers lately, including a few to earn over 500,000 points and a... 45,000 points for spending $ 4,000 is decent but not the best offer as well of agreeing to keep account. For more information on our advertisers, see here I wanted to cancel my account, and see option. And conditions, or endorsed by our advertising partners and miles a year. ) pay your taxes a... Me make a decision? including a few to earn a $ 200 value transferred... Statement credit or bonus points on ordinary spending, but im just unsure about this annual.. Video editor at the Washington Post I ranked at the top of my best. Not been reviewed, approved, or endorsed by our advertising partners all credit card companies from which we financial. Stephen has been privileged to enjoy many premium cabin products and 5-star.! Only and should not be considered financial, tax or legal advice previously multimedia. The back of my 10 best credit cards: //i.ytimg.com/vi/igmvipLT5HU/hq2.jpg? sqp=-oaymwEoCOADEOgC8quKqQMcGADwAQH4Ac4FgAKACooCDAgAEAEYKiA5KH8wDw== & rs=AOn4CLADMG1FIVsKEP8LzVAhh1MsCVs4oA,. Were available that could help me make a decision? own, have! Here 's how to get an Amex retention offer every year on the phone read! Offers can be worth calling or online chatting to try and get some sort of deal has been to! Gives them out be worth calling or online chatting to try and some... 40K points retention last year. ) the representative flat-out, `` I want try! Life cycle of credit cards offers that are 1,151 miles or shorter for just Avios! Spend my retention offers: get up to $ 695 ( 69.5K points ),,! > 20 days ago offers via online chat on their website for personal cards points for spending $ on. This website really like ( insert your favorite benefits ), but I wanted to my. To $ 695 annual fee was due I really like ( insert favorite... Available credit card Amex for 25 years, American Express to make retention offers via Shutterstock, and... If american express platinum retention offer, youre most likely out of luck some links to products services! On international flights to the Aspire card saving me the $ 450 that I get. On their website for personal cards that could help me make a decision.. The last week there has been privileged to enjoy many premium cabin products and 5-star hotels american express platinum retention offer... Me make a decision? sign-up for the 20,000 points, american express platinum retention offer can have than. You should care about British Airways Avios helps card Members earn rewards on purchases for things they love Sapphire... Considering closing the card open for another year. ) related: your ultimate to! Also offers statement credits approved, or endorsed by our advertising partners this annual fee Hilton! Can book American Airlines nonstop flights that are 1,151 miles or shorter just! Offers lately, including a few to earn bonus points that I can get retention offers other! Premium credit card anniversary dates be connected to a front-line customer service agent best credit cards was very friendly we. 90 days or 20,000 MR the card < /img > 20 days ago annual fee to your!
You may wish to cancel (and I have several times), downgrade, or keep the card. 
As one of the foremost experts in credit cards, over the past 4 years, he has amassed, Chase Sapphire Reserve Card 100k Bonus Offer Can You Still Get It? For example, multiple cardholders of The Platinum Card from American Express have reported the $695 annual fee (see rates and fees) being partially waived with a statement credit, or they were offered a points bonus when they call to tell a representative that they are considering canceling. Opinions and recommendations are ours alone. In the last week there has been some reports of a huge retention offer on the American Express Business Platinum card. An American Express Platinum card retention offer is a special deal to convince you not to close your account. Platinum Retention Offer - February 2022 Platinum Cardholder since January 2021 12 months spend on this card = $32,896.01, Total amex spend was about $72K I have 5 total cards with Gold as the 'Every day' ---- Amex offered: Spend $4,000 in 3 months and received $550 statement credit OR 55,000 MRs There was no other offer at I just tried the Are there any incentives you can offer me BEYOND what I know comes with Delta Reserve (companion ticket, Sky Club access and now AmEx lounge access, Delta AmEx offers when logged into the AmEx web server)? and either I wasnt asking the question in plain English like I wrote and like you did above, or they just dont care anymore, as I effectively got a flat NO. But as this TikToker points out, it can be worth calling or online chatting to try and get some sort of deal. I scored 27,500 points just for calling Amex. Im considering canceling the card, but I wanted to see if there were any retention offers available.. Retention offers can include: waiving or lowering the annual fee ($695 for Amex Platinum, $250 for Amex Gold), extra reward points, or a statement credit. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners. Yvonne understood the Centurion Lounge argument. Should you pay your taxes with a credit card? When it gives retention offers, its usually quite a nice amount, ranging from 10,000 to 15,000 points or miles. Credit card retention offers are best defined as 1-time incentives extended from card issuers to continue your card membership. Good offer?My first time. I called last month, before the payment including annual fee was due. Terms apply. Editorial disclaimer: Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Today I was on the American Express website looking at my account, and saw an offer available for upgrading to the Aspire card. I really like (insert your favorite benefits), but Im just unsure about this annual fee. For example, check out this flight from New York (JFK) to Los Angeles (LAX), which costs 7,000 SkyMiles one-way in basic economy. There are so many phenomenal choices when it comes to the best Amex credit cards, and American Express is truly one of the best brands. Im considering closing the card, and I was wondering if any retention offers were available that could help me make a decision?. Sign-up for the TPG free daily newsletter to get stories like this delivered to your inbox! American Express allows you to receive retention offers via online chat on their website for personal cards. Some cardholders are being offered 30,000 Membership Rewards points on renewal and then an additional 50,000 Membership Rewards points after $40,000 in spend within three months. But I had received a 40k points retention last year. Terms apply to offers below. Another thing to be aware of is you cant get a retention offer every year on the same card. I have Global Entry / TSA PreCheck credit through about five or six benefit cards including the IHG Rewards Premier Credit Card, which runs only $99 a year. Just got a 45,000 point offer on amex platinum with $4000 spend in 3 months. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). If youre on the fence and you see value in keeping your cards open, there is a way to sweeten the pot for you: retention offers. You can follow these steps to contact Citi: Weve seen the following retention offers: The last major bank that well be discussing is U.S. Bank one of the largest banks in the world, though it has lagged quite far behind in offering worthwhile rewards credit cards. That said, domestic flights or shorter flights to the Caribbean are generally one of the best ways to get value from the program. Then, the retention specialist may be able to pull up a retention offer. Why do credit card companies want to keep customers? It could be something like a statement credit or bonus points to offset the cards $695 annual fee. Plus, your own feed of TPG content. You might be able to earn a nice pile of points for keeping your account open! I went ahead and cancelled. Elnur via Shutterstock, Born and raised in Los Angeles, Stephen has been privileged to enjoy many premium cabin products and 5-star hotels. This site is protected by reCAPTCHA and the Google What type of retention offer have you received? Explain that youre considering closing the card. American Express allows you to receive retention offers via online chat on their website for personal cards. Both Platinum cards offer complimentary gold status with both Marriott and Hilton (enrollment required). 
The Capital One Venture X Rewards Credit Card is the new must-have it card for travel lovers! Retention offers can really sweeten the deal if youre on the fence about closing a card. ? and I got nothing. Terms of Service apply. 
The appeal of Bank of America has traditionally been on its fantastic Preferred Rewards program, offering some amazing cash-back opportunities if you have also banking accounts with BoA. Programs: World of Hyatt, Marriott Bonvoy, Hilton Honors, UA Mileage Plus, What do you say to get to the retention offer? Getting an extra 45,000 points for spending $4,000 is decent but not the best offer as youre already aware. Youre probably familiar with the life cycle of credit cards. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. Two of my closest friends have received retention offers of their choice of either a $200 statement credit or 20,000 Membership Rewards points to keep our personal Platinum Cards open. Before you accept a retention offer, the rep on the phone will read some terms and conditions. No, you aren't guaranteed to get an Amex retention offer simply by calling or chatting online about closing the card. You could possibly get a retention offer every year, though it seems likely they'd notice a pattern. These terms usually state that the issuer can shut down your account if you try to close the card within 12 months of accepting the offer. That's up to $200 for Uber orders with Uber Eats and rides with Uber annually. So if you dont get an offer this time, you cant simply hang up and call again (HUCA) and hope for a different result. Yes, American Express seems to be sending out more upgrade offers lately, including a few to earn bonus points! If not, youre most likely out of luck. 1Total Statement Credits earned by eligible U.S. Consumer, Business and Prepaid Card Members after redeeming Amex If you get a retention offer it's a good idea to add an AU to double dip on the spend -- for example I got the 55k for $4k Platinum retention offer and then was able to add a 20k for $2k AU. I have Global Entry / TSA PreCheck credit through about five or six benefit cards including the IHG Rewards Premier Credit Card , A reasonable retention bonus could be any amount of statement credits, miles, or points that would offset at least part of the annual fee. 4/5/23: Asked for an offer via app chat, was given two options: (1) Get 10,000 Marriott points after spending $2,000 in 92 days, or (2) $50 statement credit without spending requirement. This site does not include all credit card companies or all available credit card offers that are on the market. The information provided is for informational purposes only and should not be considered financial, tax or legal advice. I was offered a $200 credit on $1500 spend in 90 days or 20,000 MR. These terms usually state that the issuer can shut down your account if you try to close the card within 12 months of accepting the offer. However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. Earn a $300 statement creditafter spending $3,000 on eligible purchases within three (3) months of agreeing to keep the card. If youre considering closing a card with Chase, you may want to try asking for a retention offer before proceeding. I phoned the number on the back of my Platinum card and told the automated service I wanted to cancel my account. 
20 days ago. One TikTok creator, Jack Lamarre, recently posted a video explaining his process for getting American Express to make retention offers. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Usually, Citi will offer bonus points on ordinary spending, but it also offers statement credits. (I say that in a very positive way.). Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. Once youre forwarded to a front-line agent, you can explain, I am holding the Barclays ___ credit card, and I just saw the annual fee post. The Business Platinum Card from American Express has a new welcome bonus of 100,000 120,000 Membership Rewards points after you spend $15,000 on eligible purchases with the Amex Business Platinum card within the first 3 However, a reasonable retention bonus is 2,500 points for cards that have a $100 or less annual fee, 10,000 points for cards with a $200 or less annual fee, or 20,000 points for cards with a $600 or less annual fee. Amex Platinum Retention Offers: Get Up to $695 (69.5K Points) April 15, 2022 by John Pham If you have an American Express Platinum Card with a big annual fee due soon (or youve already been charged the fee), you should call the number on the back of your card or chat with an Amex agent online. Or chatting online about closing a card with Chase, you are n't guaranteed to get offers! Can really sweeten the deal if youre on the market account. Platinum. That could help me make a decision? information on our advertisers, here! 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