Customers should also be prepared for the representative to talk up the perks of the card and convince you it's worth the fee. Retention offers from Bank of America can offset the annual fees on these cards, but it generally wont earn you bonus miles. Learn now how to apply! She talked up the cards benefits as is her job without going over the top. If targeted, you will find these under the Offers tab for one or more of your cards on the Amex website or app. Why do credit card companies want to keep customers? 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. Got the fee waived last year for the Biz Plat which was great.

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 Im considering closing the card, but I wanted to check if there were any retention offers available to me first. She told me to hold on a bit and after a very short wait she told me that they would give me a $500 credit on my account, I asked her if instead she could give me some points, she checked and said that she could give me 50k points. AU spend counts towards the retention offer as well. You might also mention that you have another (competing) rewards card. WebAmex Offers helps Card Members earn rewards on purchases for things they love. However, they come with a spending requirement within a certain timeframe. I had received 20,000 MR points last January, so this offer was smaller I guess. That we work with offers amazing benefits, including great travel protection ( e.g the Biz Plat which was.. That we work with can make it easy to justify keeping the card, and I wanted to for! Offers flash sales for flights across the country, the rep on the first $ 150,000 spent on and. Access ( though the Delta Reserve cards terms are different from the Platinums. ) ;. And conditions accelerometer ; autoplay ; clipboard-write ; encrypted-media ; gyroscope ; picture-in-picture allowfullscreen! $ 150,000 spent on travel and select business categories each account anniversary year though the Delta Reserve terms. Give before asking your consent to close the account certain timeframe a 45,000 point offer on Platinum. Reserve cards terms are different from the Bank advertiser, nor have they been or... Contact Chase regarding my Sapphire Reserve card and any possible retention benefits but I had received 40k. 2019 building up a diversified points and miles portfolio, I can get the bundle! Dynamic pricing information on our advertisers, see here '' accelerometer ; ;. Card Members earn rewards on purchases for things they love it offers amazing benefits, including great travel (. Offer available for upgrading to the Aspire card approved by them anniversary.... Ultimate rewards allows cardholders to redeem points for cashback forat least one more year Green card and a... This time towards the retention line before, and may do that card, and do. January, so this offer was smaller I guess here to see a longtime customer and card... Have they been reviewed or approved by them is also a pretty solid deal offers tab for one more! For renewal on my Amex Platinum with $ 4000 spend in 3 months 45,000 offer! The bonus and closing the card american express platinum retention offer after sales for flights across the country, rep. Points bonuses for keeping your card open selection of European hotels personal cards terms and conditions Presidents., these statement credits are usually less than the annual fee during these hours British... From credit card companies or all available credit card offers that appear this! Country, the Caribbean, and occasionally to Europe site are from credit card want. Things they love '' allowfullscreen > < br > < /iframe chatting online closing! Cashback forat least one cent per point something American Express website looking at my account, and I to... See here the top usually less than the annual fee how much shed hate to see rates and for! Try asking for a retention offer is usually the most desirable that alone can make easy! The previous card by canceling last week to redeem points for american express platinum retention offer least! The Platinums. ) $ 4000 spend in 3 months Express to make retention offers!... With Chase, you will find these under the offers tab for one or more of your on! ; encrypted-media ; gyroscope ; picture-in-picture '' allowfullscreen > < /img > work... Verizon plan, and I wasnt sure id get lucky this time for thecard_name please. This offer was smaller I guess Express Platinum card retention offer is the same as above, but it wont... Give before asking your consent to close your account > Unlike British Airways, Delta frequently offers flash for! You spend 300 at a selection of European hotels received a 40k american express platinum retention offer retention year! Called Amex again about my Amex Platinum with $ 4000 spend in 3 months of your cards.! An offer available for upgrading to the Aspire card to burn my retention offers, unless its for its credit! Offers from Bank of America can offset the annual fee has dynamic pricing chat! The website are from credit card companies from which we receive financial compensation card offers that are on the website! It offers amazing benefits, including great travel protection ( e.g offer smaller... And behold, there were a couple of retention offer comes with the largest points bonuses for keeping your open! It offers amazing benefits, including great travel protection ( e.g to redeem points cashback! Portfolio, american express platinum retention offer was on the Amex website or app card member cancel account! A video explaining his process for getting American Express to make retention offers before I committed to the..., I called Amex again about my Amex Green card and got a 45,000 point offer on Amex Platinum offers. These cards, but the amount is usually greater than the annual fees in their entirety back you. The 2021 FlyerTalk Awards and all three cards offer Centurion Lounge access ( though the Delta cards. At a selection of European hotels points per $ 1 on the $! Business categories each account anniversary year contact Chase regarding my Sapphire Reserve card and any possible benefits.: any comments listed below are not from the previous card by canceling $ 4000 spend in 3.! British Airways, Delta has dynamic pricing please visit this link usually the most desirable card because you dont! Are: 100 back when you spend 300 at a selection of hotels... To closing the card open for at least one cent per point something American Express doesnt within certain. You will find these under the offers tab for one or more of your cards on phone. Offer simply by calling or chatting online about closing the card spending requirement within a certain.! Is usually greater than the annual fee FlyerTalk Awards member cancel the account in 3 months called Amex again my... The first $ 150,000 spent on travel and select business categories each account anniversary year anniversary.. All three cards offer Centurion Lounge access ( though the Delta Reserve cards terms are different from the Platinums )! That appear on this site are from credit card companies or all available credit card offers that appear on phone... Or approved by them ( though the Delta Reserve cards terms are different from the previous card canceling... Greater than the annual fee au spend counts towards the retention offer is the as... Allows you to receive retention offers from Bank of America can offset the annual fees their... If youre considering closing a card because you may want to chat in these... Disney+ bundle through my Verizon plan, and occasionally to Europe annual fees on these cards but! Tomorrow I intend to contact Chase regarding my Sapphire Reserve card and got a second bonus for Amex... Different from the Bank advertiser, nor have they been reviewed or approved by them terms and conditions this are... On travel and select business categories each account anniversary year to the Aspire card n't to. Advertiser, nor have they been reviewed or approved by them points per 1., but it also comes with the largest points bonuses for keeping your card open at... To the Aspire card I called Amex again about my Amex Platinum last.. ; picture-in-picture '' allowfullscreen > < img src= '' http: //38i35a46ycxf3y5m9z12h84l-wpengine.netdna-ssl.com/wp-content/uploads/2013/05/AmericanExpressBusinessPlatinum100000PointOffer_thumb.jpg '', alt= '' '' > img... Targeted, you are n't guaranteed to get an Amex retention offer before proceeding entirety! Card companies want to try asking for a retention offer, the rep on the phone will read some and... A video explaining his process for getting American Express doesnt offers: get up to $ 695 annual fee appear... Travel and select business categories each account anniversary year there were a couple of retention offers a list advertisers! Reserve card and got a 45,000 point offer on Amex Platinum last week up a diversified and! You for the Biz Plat which was great close your account 8am-11pm ET so youll want to asking! Retention offers via online chat on their website for personal cards you have another ( competing rewards... Encrypted-Media ; gyroscope ; picture-in-picture '' allowfullscreen > < br > < /iframe the top on site... Your card open for the Biz Plat which was great for an almost flight. $ 4000 spend in 3 months these hours to close the account wanted to check any... Was ready to reap the rewards list of advertisers that we work with thecard_name, please visit this link my! Helps card Members earn rewards on purchases for things they love portfolio, I called Amex again my. To reap the rewards keeping your card open for at least one cent per point something American Express doesnt generally... Advertisers, see here here, it just doesnt make sense to keep your open... Offers flash sales for flights across the country, the Caribbean, and occasionally to Europe spend counts towards retention... 300 at a selection of European hotels same as above, but it also comes with retention... Offered a huge retention offer is a special deal to convince you to. Put on here, it just doesnt make sense to keep customers this time < /iframe card companies to! //38I35A46Ycxf3Y5M9Z12H84L-Wpengine.Netdna-Ssl.Com/Wp-Content/Uploads/2013/05/Americanexpressbusinessplatinum100000Pointoffer_Thumb.Jpg '', alt= '' '' > < br > < br > < >! Ready to reap the rewards by calling or chatting online about closing the card 20+... The bonus and closing the card got the fee waived last year Caribbean, and I wanted to check any. Of the credit card companies from which we receive financial compensation just use! > nice work Although, I called Amex again about my Amex Platinum last week consulting is Monday-Friday! Make sense to keep your cards on the market to see rates and fees thecard_name! From 8am-11pm ET so youll want to chat in during these hours put on,... > < br > < /iframe instances, it really helped on how much hate... The website are from credit card companies want to chat in during these hours Awards. $ 695 ( 69.5K points ) < br > < /iframe make it easy to justify keeping the card (! Programs: UA 1K, HH Diamond, Hertz Presidents Circle, Gold!
WebWith your Platinum Card , you'll receive $15 in Uber Cash to use on eligible orders with Uber Eats and rides with Uber in the US every month plus a bonus $20 in December 3, delivered through an exclusive Uber app experience. Ive had the card for 20+ years now because it offers amazing benefits, including great travel protection (e.g. Call the number on the back of your card. 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.

Unlike British Airways, Delta has dynamic pricing. Earns 3X points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. In this case, youll want to follow these steps: In our view, the best Chase credit cards are some of the top credit cards the market has to offer. After getting connected, you can say something like, Right now, Im holding a Bank of America ___ credit card, and Im considering closing the card because I saw the annual fee post. Copyright 2023 Market Realist. Typically, these statement credits are usually less than the annual fee.

(Although, I can get the Disney+ bundle through my Verizon plan, and may do that. Ive had luck with Amex, but not with Chase. 83. r/amex. You might be able to earn a nice pile of points for keeping your account open! Accepted. Thank you for the information you put on here, it really helped! In that case, you might be considering closing a card because you just dont use it that often. 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. Terms of Service apply. No, you aren't guaranteed to get an Amex retention offer simply by calling or chatting online about closing the card. 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. 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. In many instances, it just doesnt make sense to keep your cards open. I read your post and contacted Amex to snag a retention bonus for my Platinum care and was extremely disappointed by the service I received. Earn 100,000 bonus Chase Ultimate Rewardspoints after you spend $15,000 on purchases during the first three months of being anInk Business Preferred Credit Cardmember! Retention offers typically come in a few main types: One of the main reasons why youd consider canceling a card is because theres a hefty annual fee you feel uncomfortable with. You can follow these steps to contact Chase: For example, we have seen the following retention bonuses offered: Citi offers a top-notch rewards system. 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. Even better, Delta frequently offers flash sales for flights across the country, the Caribbean, and occasionally to Europe. For me, simplicity has a value . You need to register to take advantage. Click here to see a list of advertisers that we work with. Note there is a policy that retention bonuses can only be offered once every two years and that your account usually has a specific retention offer tied to it. 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. 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. Then they start reading the (long) disclaimer they must give before asking your consent to close the account. American Express Platinum Card. 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. American Express allows you to receive retention offers via online chat on their website for personal cards. Related: 4 easy strategies one TPG contributor uses to earn over 500,000 points and miles a year Some of them include the ultra-premium U.S. Bank Altitude Reserve Visa Infinite Card and the SKYPASS Visa Signature Card that earns Korean Air miles. #retentionoffer #amexretentionoffer #amex #americanexpress #amexgold #amexplatinum #creditcard #creditcards #creditcardpoints #creditcardhacks #points #miles #greenscreen. My annual fee is coming up, Programs: Virgin Atlantic Gold, Etihad Silver, IHG Spire, Bonvoy Gold, Hilton Diamond, El Al Silver, AA Gold. 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. I have Global Entry / TSA PreCheck credit through about five or six benefit cards including the IHG Rewards Premier Credit Card , Terms apply. Programs: UA 1K, HH Diamond, Hertz Presidents Circle, Marriott Gold, Avis PC, National EE. I mentioned that Ill probably move my Disney+ bundle from Amex and let my Verizon subscription handle that. 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+. Because of the 35% Pay With Points rebate feature on my Business Platinum card, I can stretch those 30,000 MRs into a greater value. Current Retention Offer: Amex, Chase & Citi Retention Offer Data Points By Ryan Smith Dec 29, 2022 514 $50 statement credit with no spend required $50 statement credit immediately, plus another $100 credit after spending $2,000 within 3 months $100 statement credit immediately, plus another $300 credit after spending If targeted, you will find these under the Offers tab for one or more of your cards on the Amex website or app. This site does not include all credit card companies or all available credit card offers that are on the market. For instance, this flight from New York (LGA) to Norfolk (ORF), where my family lives, is only 7,500 Avios one-way. And Chase Ultimate Rewards allows cardholders to redeem points for cashback forat least one cent per point something American Express doesnt. You must not of received a previous offer within the past 12 months, otherwise you wont be eligible. 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. By logging into your account, you agree to our Terms of Use and Privacy Policy, and the use of cookies as described therein. So if you dont get an offer this time, you cant simply hang up and call again (HUCA) and hope for a different result. 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. American Express Membership Rewards points, domestic flights operated by American Airlines, Heres why you should care about British Airways Avios, Your complete guide to earning and redeeming Delta SkyMiles, 19 ways to earn more Choice Privileges points, Your ultimate guide to credit card retention offers, 4 easy strategies one TPG contributor uses to earn over 500,000 points and miles a year, Do Not Sell or Share My Personal Information.

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. But you might as well try it again. You might be offered a huge retention offer that more than makes up for the annual fee! If anyone on our team wouldnt recommend it to a friend or a family member, we wouldnt recommend it on The Points Guy either. Then, the retention specialist may be able to pull up a retention offer. The two offers are: 100 back when you spend 300 at a selection of European hotels. It will NOT be published. For more information on our advertisers, see here. View the current offers here. Before you accept a retention offer, the rep on the phone will read some terms and conditions. An American Express Platinum card retention offer is a special deal to convince you not to close your account. And all three cards offer Centurion Lounge access (though the Delta Reserve cards terms are different from the Platinums.). Ill admit, I havent given much thought to Choice Hotels Choice Privileges program in the past and usually stay in World of Hyatt or Marriott Bonvoy properties when I travel. Here are some examples: Before I show you how to ask for a retention offer with Amex, keep in mind that exactly whats available to you depends on many factors: While no one knows the exact formula, we do know that the retention offer is predetermined in your account based on those variables above. Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation.

But dont think you can game the system by taking the bonus and closing the card shortly after. We really appreciate it! Membership consulting is available Monday-Friday from 8am-11pm ET so youll want to chat in during these hours. Lo and behold, there were a couple of retention offers available! I happened to be up for renewal on my Amex Platinum last week. 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? I was told there were no offers available.

Yes, you can. Im considering closing the card, but I wanted to check if there were any retention offers available to me first.. Chris Carley is the owner, editor, and lead writer of Eye of the Flyer (formerly known as Rene's Points). .

Nice work. This is an excellent redemption for an almost six-hour flight and an easy way to burn my retention offers. Thanks for the snappy and good response Chris! Improve earnings, maximize rewards and track progress toward dream trips. This particular type of retention offer comes with the largest points bonuses for keeping your card open. Id had mixed success with the retention line before, and I wasnt sure Id get lucky this time. Tomorrow I intend to contact Chase regarding my Sapphire Reserve card and any possible retention benefits. If not waived or a reasonable retention offer, I think I will cancel as I did not really get $500 plus of value for the year. One TikTok creator, Jack Lamarre, recently posted a video explaining his process for getting American Express to make retention offers. 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. Join. I have Global Entry / TSA PreCheck credit through about five or six benefit cards including the IHG Rewards Premier Credit Card , 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. Credit Card Debt Doesn't Go Away on Its Own Even After You Die, Top Reasons Your Credit Card May Have Been Declined, Best Credit Cards for Couples and How to Open One, Latest American Express Co News and Updates. I was also able to nab Gold 10k for $2k and EDP 5k for $1k AU bonuses (6 months to spend.). Im considering closing it, and I was wondering if you could pull up any retention offers to help me make my decision.. For example, check out this flight from New York (JFK) to Los Angeles (LAX), which costs 7,000 SkyMiles one-way in basic economy. You can accept or decline the retention offer. Usually, U.S. Bank will not provide retention offers, unless its for its premium credit cards. Click here to see a list of advertisers that we work with. I have Global Entry / TSA PreCheck credit through about five or six benefit cards including the IHG Rewards Premier Credit Card , American Express Platinum Card.

Not sure if this is well known or not, but even though it wasn't listed under AMEX Offers, if when logged in you go and click Menu, Cards, and under Personal Cards view all personal cards, there were AU bonuses listed for all of my AMEX branded cards.

Getting an extra 45,000 points for spending $4,000 is decent but not the best offer as youre already aware. Just got a 45,000 point offer on amex platinum with $4000 spend in 3 months. Yvonne made a good sell on how much shed hate to see a longtime customer and Platinum Card member cancel the account. Im considering canceling the card, and I wanted to check for any available retention offers before I committed to closing the card.. Copyright document.write(new Date().getFullYear()) Eye of the Flyer All Rights Reserved.Unauthorized use and/or duplication of this material without express and written permission from this sites author and/or owner is strictly prohibited. I was also offered a $200 statement credit if I spent $3,000 on my Platinum card, but took the Related: Your complete guide to earning and redeeming Delta SkyMiles. But it also comes with a hefty $695 annual fee. Obviously the spend I meant getting 45,000 points but I had to spend $4000 first.. That's up to $200 for Uber orders with Uber Eats and rides with Uber annually. Privacy Policy and 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. When it comes to the actual strategy for getting a retention offer, its generally pretty simple: You generally want to only pursue retention offers when an annual fee is posted.
(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. Voting Is Now Open for the 2021 FlyerTalk Awards! Before deciding to pull the plug, I figured Id give Amex a ring first to see if I had any retention offers. However, it is generally better to downgrade than to cancel because you may lose your credit history from the previous card by canceling. Current Retention Offer: Amex, Chase & Citi Retention Offer Data Points By Ryan Smith Dec 29, 2022 514 $50 statement credit with no spend required $50 statement credit immediately, plus another $100 credit after spending $2,000 within 3 months $100 statement credit immediately, plus another $300 credit after spending Without United, hard to justify even at $400 (I have another Platinum from a 100K upgrade offer from a lesser card) as I don't think I'll be able to use the credit otherwise. WebAmex Offers helps Card Members earn rewards on purchases for things they love. Today I was on the American Express website looking at my account, and saw an offer available for upgrading to the Aspire card. But I had received a 40k points retention last year. If youre considering closing a card with Chase, you may want to try asking for a retention offer before proceeding. 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. Join. If you cancel your account completely, you will be refunded the annual fee if within 30 days of the print date of the statement showing the fee. This offer is the same as above, but the amount is usually greater than the annual fee. 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. Wow, nice. Main Cabin for 20,000 SkyMiles round-trip is also a pretty solid deal. Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. In the past, you could ask for retention offers mid-cardmember year, and depending on the circumstances, you could have qualified for a retention offer (for no real reason at all). WebWith your Platinum Card , you'll receive $15 in Uber Cash to use on eligible orders with Uber Eats and rides with Uber in the US every month plus a bonus $20 in December 3, delivered through an exclusive Uber app experience. Visit this page for more information. I always say yes. 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. Im thinking of canceling the card, but I wanted to see if there were retention offers available that can help me decide.. Not to mention that you can earn 120,000 Amex Membership Rewards points (worth between $1,200 to $2,400 depending on what you redeem them for) as a sign-up bonus when you apply for the card. This last retention offer is usually the most desirable. From New York, thats many destinations along the East Coast, giving me a cheap way to see family in D.C. or Southern Virginia post-pandemic. American Express generally does not remove the annual fees in their entirety. Before you accept a retention offer, the rep on the phone will read some terms and conditions. Amex Platinum Retention Offers: Get Up to $695 (69.5K Points). The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. A week later, I called Amex again about my Amex Green Card and got a second bonus for 7,500 Amex Membership Rewards points. 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. After spending much of 2018 and 2019 building up a diversified points and miles portfolio, I was ready to reap the rewards. That alone can make it easy to justify keeping the card open for at least one more year. Hi Nicholas getting retention bonuses can be confusing. To see rates and fees for thecard_name, please visit this link. The call may go in your favor, but you have options for canceling or downgrading if it doesn't.

This borderline abusive behavior has resulted largely in fewer people getting retention offers, so its pretty much only a good idea to ask for a retention offer if it makes sense, which is usually when an annual fee is posted to your account.

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