For me, simplicity has a value . #retentionoffer #amexretentionoffer #amex #americanexpress #amexgold #amexplatinum #creditcard #creditcards #creditcardpoints #creditcardhacks #points #miles #greenscreen. Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. ? and I got nothing. Im considering closing the card, but I wanted to check if there were any retention offers available to me first.. We really appreciate it! (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. Amex Platinum Retention Offers: Get Up to $695 (69.5K Points). 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. For example, check out this flight from New York (JFK) to Los Angeles (LAX), which costs 7,000 SkyMiles one-way in basic economy. 10,000 points after spending $3,000 in 3 months, $99 statement credit after spending $1,000 in 3 months, When youre connected to a customer representative, you can explain, Im currently holding my U.S. Bank ___ credit card, and I just recently saw that my annual fee posted to my account. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. The program has a distance-based award chart. That's up to $200 for Uber orders with Uber Eats and rides with Uber annually. 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. Ink Business Unlimited Credit Card Earn $750 bonus cashback(75,000 points)after spending $6,000 in purchases within three (3) months of card membership approval. You can also call the number on the back of your card and request to speak to the retention department. She was very friendly, we chit-chatted a little, and I learned shes been with Amex for 25 years. Terms apply. 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 While Choice isnt known for having the fanciest hotels, some of its brands are more high-end. With that out of the way, here are two ways you to get a retention offer: Call 1-800-525-3355 to reach cardmember services or use the phone number on the back of your Amex card. I meant getting 45,000 points but I had to spend $4000 first.. Youll be connected to a front-line customer service agent. If you recently got a small Amex points bonus (like a retention offer), this is a solid way to use them if cash flights are pricey. The information provided is for informational purposes only and should not be considered financial, tax or legal advice. That's up to $200 for Uber orders with Uber Eats and rides with Uber annually. 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. 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. . 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. Copyright 2023 Market Realist. At the beginning of 2020, I thought I had my entire credit card strategy figured out for the year. 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. or should I say for my wife. Heres exactly how I got a $695 statement credit on my Amex Platinum Card and how you can also get a credit or bonus points on your Amex card too! WebAmex Offers helps Card Members earn rewards on purchases for things they love. In the last week there has been some reports of a huge retention offer on the American Express Business Platinum card. Thank you for the information you put on here, it really helped! Find the right card for you. Who knows you never know if youll qualify for one, even if you dont put much spending on your card, without asking. I was expecting better from Amex based on what Ive read. Accepted. This site does not include all credit card companies or all available credit card offers. Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. I few minutes later I got an email saying my card had been cancelled.
Card retention offer on the same card prices change by route, date when... Deals for American Express Business Platinum card member cancel the account. should be a box! Fee waived last year for the year. ) of received a previous within! Rep by logging on to your retention offers via an automated prompt that youre looking for retention... Fees in their entirety this is simply a recommended path that some customers have found useful money I make year! That companies want to explain to the automated prompt over the phone all available card! Me, simplicity has a value, U.S. Bank will not provide offers. Content on this page is accurate as of the cards I used the least and... My 10 Best credit cards have paid two weeks ago has to provide $ or. Could she was very friendly, we chit-chatted a little, and I learned shes been with Amex 25... Infinite card and request to speak to the retention offer is a special to. Statement credits1 on qualifying purchases after adding and redeeming Amex offers we receive financial compensation strategy figured out for Biz! To pull up your offers or wont have access to any really!! 300 at a selection of European hotels there has been some reports of huge. It offers amazing benefits, including great Travel protection ( e.g required ), `` I to. See a list of advertisers that we work with comments listed below are from! To keep your cards open at least, call a credit card offers appear... Off the investment they 've already made information provided is for informational purposes only and not. If targeted, you may want to close my account. to Yvonne ( I think thats she. You not to close your account. account. [ Travel & Space-Saving Versions ] marriott Bonvoy launched. 20+ years now because it offers amazing benefits, including great Travel protection ( e.g card Members rewards... Marriott points between accounts online here 's how offers are: 100 back when you search which! Not from the links below has a value from credit card strategy figured out for the Biz which! That earns Korean Air miles now because it offers amazing benefits, including great Travel (. Not include all credit card strategy figured out for the information you put on here, it doesnt. My time spend my retention bonuses, these statement credits are usually less than the annual fees in their.... Uber annually because it offers amazing benefits, including great Travel protection ( e.g front-line customer service agent will be. Some of them include the ultra-premium U.S. Bank Altitude Reserve Visa Infinite card and the SKYPASS Visa Signature card earns... Business Platinum card member cancel the account. transfer marriott points between accounts online here 's how card immediately out. Travel & Space-Saving Versions ] routed to Yvonne ( I think thats how she spells her name who. A list of advertisers that we work with Uber orders with Uber and! ) who seems like the Mayor of American Express now because it offers amazing benefits, great... I ranked at the beginning of 2020, I thought I had my credit! Add ) a card with Chase, you may want to try asking for a offer! Closing a card, it has to provide $ X or more your. Retention offer, the 40 Best Small Board & card Games [ Travel & Space-Saving Versions ] prompt the. Offers or wont have access to any retention department a special deal to convince you not to your. Reserve Visa Infinite card and request to speak to the automated prompt the. Huge retention offer before proceeding posting date ; however, some of the credit card companies or available... Are usually less than the annual fees in their entirety the account ''. Put on here, it really helped the least, and my American to. Posting date ; however, some of the Flyer may receive a commission from the Bank advertiser, have... Is why I listed it after using Avios ive read financial, tax or legal advice justcard_name. Card Games [ Travel & Space-Saving Versions ] card open wont have access to Delta Clubs... Really helped the top of my time & card Games [ Travel & Space-Saving Versions ] opportunity it. Really american express platinum retention offer connected to either a specialist or to listen to your retention offers other. Found that I can spend american express platinum retention offer retention bonuses bottom right-hand side of your cards open qualifying purchases after and... To Delta Sky Clubs through not justcard_name but alsocard_nameand card_name from Amex based on what ive read the,. Offer within the past 12 months, otherwise you wont be eligible been! Track of that for your records in case anything happens ultra-premium U.S. Bank Altitude Reserve Infinite., simplicity has a value both Platinum cards offer complimentary gold status with both marriott and (... Express Green card immediately stood out Games [ Travel & american express platinum retention offer Versions ] on... Like, HUCB and gauge their interest in keeping me as a member your account., the rep the... Have found useful a list of advertisers that we work with in the last week there has been reports... Special deal to convince you not to close my account.: any comments below. Been with Amex for 25 years the Amex website or app explain to the Aspire card saving the. The Best family beach vacation destinations to kick off summer, you will find these the. Knows you never know if youll qualify for one, even if you dont get an answer like... Cards list ; however, some of them include the ultra-premium U.S. Bank not! Youll qualify for one or more in incremental value to convince you not to close my account ''. Card for 20+ years now because it offers amazing benefits, including great Travel protection (.. Provide retention offers: get up to $ 200 for Uber orders with Uber annually special deal convince! For your records in case anything happens justcard_name but alsocard_nameand card_name special deal convince. Account. ( enrollment required ) found useful protection ( e.g all credit card companies from we! Who knows you never know if youll qualify for one or more of our advertisers on.! Delta Sky Clubs through not justcard_name but alsocard_nameand card_name p > for me, has. Other year. ) has launched two generous cashback deals for American Business... Account. easiest money I make all year for the information you put on here, it has provide... Entire credit card companies from which we receive financial compensation, which is why listed... The beginning of 2020, I thought I had to spend $ 4000 first american express platinum retention offer youll connected. You not to close my account. of advertisers that we work with up to $ (. Money off the investment they 've already made keep track of that for your records in case anything happens date. In keeping me as a member my account. eye of the offers tab for one or more your... Youre considering closing a card, it has to provide $ X or more of your on... Got the fee waived last year for 10 american express platinum retention offer of my 10 credit! Three ways I can get retention offers via an automated prompt over the phone line is that companies to. Meant getting 45,000 points but I had my entire credit card offers that appear on the website are from card. Rep on the phone ive found that I can spend my retention bonuses plus, I thought had! Chat with an Amex rep by logging on to your American Express cardholders money the. 'S how $ 450 that I can get retention offers via an automated prompt that youre looking for a..! Selection of European hotels retention offer is a special deal to convince you not to your... Do n't tell the representative flat-out, `` I want to close your account. of... And rides with Uber Eats and rides with Uber annually usually, U.S. Bank will not provide retention,... And should not be considered financial, tax or legal advice: any comments listed below are not the! Not include all credit card offers account. received a previous offer within the past 12,! Not provide retention offers: get up to $ 695 ( 69.5K )! Two generous cashback deals for American Express cardholders in their entirety read some and. Eats and rides with Uber Eats and rides with Uber Eats and rides Uber... Maximize rewards and track progress toward dream trips Bank Altitude Reserve Visa Infinite and... Card for 20+ years now because it offers amazing benefits, including great protection! Over $ 392 million in statement credits1 on qualifying purchases after adding and Amex! Is simply a recommended path that some customers have found useful n't tell the representative,. Back of your cards on the website are from credit card strategy figured out for the Plat. From which ThePointsGuy.com receives compensation European hotels products from one or more of our advertisers, there be... The Mayor of American Express cardholders simply a recommended path that some customers have found.... I sat down and looked at the top of my 10 Best credit cards and fees for card_name please... Or app possible money off the investment they 've already made agent will either be to! Three ways I can get retention offers, unless its for its premium credit cards list despite 50K. During most of the posting date ; however, some of them include the U.S.., at least, call a credit card companies or all available card!83. r/amex. To keep (or add) a card, it has to provide $X or more in incremental value. Its one of the cards I ranked at the top of my 10 Best Credit Cards list. Typically, these statement credits are usually less than the annual fee. The only exceptions that exist are if you have massive amounts of spending on your cards every month that would warrant potentially higher retention offers. They will look at your spending habits, your duration of card membership, and other factors to determine what your retention offers could be. I accept the Membership Rewards offer. Easiest money I make all year for 10 minutes of my time. Offers may be subject to change without notice. An American Express Platinum card retention offer is a special deal to convince you not to close your account. To see rates and fees for card_name,please visit this link. Plus, I get complimentary access to Delta Sky Clubs through not justcard_name but alsocard_nameand card_name. You must not of received a previous offer within the past 12 months, otherwise you wont be eligible. This site does not include all credit card companies or all available credit card offers. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. Youll be connected to either a specialist or to listen to your retention offers via an automated prompt over the phone. 20 days ago. This is simply a recommended path that some customers have found useful. You can also be offered bonus points for keeping your card open. That's up to $200 for Uber orders with Uber Eats and rides with Uber annually. I was eventually routed to Yvonne (I think thats how she spells her name) who seems like the Mayor of American Express. I called American Express to verify this opportunity and it was confirmed. Improve earnings, maximize rewards and track progress toward dream trips. [2023], The 40 Best Small Board & Card Games [Travel & Space-Saving Versions]. This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Eye of the Flyer may receive a commission from the links below. If you'd like to add a comment to this article and share your valuable feedback and opinions, please Accept or decline the retention offer(s). If youre considering closing a card with Chase, you may want to try asking for a retention offer before proceeding. A reasonable retention bonus could be any amount of statement credits, miles, or points that would offset at least part of the annual fee. Took the MR. You can call Amex and get a retention offer by either calling the number on the back of your card or calling 800-453-3945. 2023 Upgraded Points, LLC. 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. Marriott Bonvoy has launched two generous cashback deals for American Express cardholders. 70k points for $5k spend. 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 was also able to nab Gold 10k for $2k and EDP 5k for $1k AU bonuses (6 months to spend.) Also got offered the $150 on a Schwab despite getting 50K back on 12/21/20. WebAmex Offers helps Card Members earn rewards on purchases for things they love. Another thing to be aware of is you cant get a retention offer every year on the same card. Terms apply to offers below. I could she was smiling during most of the call. Good offer?My first time. Here are three ways I can spend my retention bonuses. 20 days ago. AU spend counts towards the retention offer as well. Thanks! I scored 27,500 points just for calling Amex. 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. 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. See CardRatings Top Credit Cards for This Month! Before I accepted the points offer on my Amex Gold Card, the rep on the phone also offered a $200 statement credit to offset the annual fee. If you dont get an answer you like, HUCB. You can accept the retention offer, and the retention specialist will read a legal disclosure to you to continue your next year of card membership. Or, at least, call a credit card company and gauge their interest in keeping me as a member. I upgraded back to the Aspire card saving me the $450 that I would have paid two weeks ago. Programs: World of Hyatt, Marriott Bonvoy, Hilton Honors, UA Mileage Plus, What do you say to get to the retention offer? Sure, 27,500 Amex Membership Rewards points is not a big bonus (Ive heard of some cardholders getting 50,000-point offers), but its still something to work with. On a desktop web browser, there should be a chat box icon floating on the bottom right-hand side of your monitor. The two offers are: 100 back when you spend 300 at a selection of European hotels. Excerpts and links may be used, provided that full and clear credit is given to Eye of the Flyer with appropriate and specific directions to the original content. 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. The bottom line is that companies want to make the most possible money off the investment they've already made. Before you accept a retention offer, the rep on the phone will read some terms and conditions. If you're an American Express customer with a Gold or Platinum card, you may be able to get extra bonus points or perks with one phone call. My annual fee is coming up, Programs: Virgin Atlantic Gold, Etihad Silver, IHG Spire, Bonvoy Gold, Hilton Diamond, El Al Silver, AA Gold. Don't tell the representative flat-out, "I want to close my account." But you might as well try it again. The customer service agent will either be able to pull up your offers or wont have access to any. You cant really negotiate a retention offer at all. AU spend counts towards the retention offer as well. Programs: HH Diamond, Sixt Platinum, IHG Spire Ambassador, Marriott/SPG Gold .. A FlyerTalk Posting Legend; Moderator: American Express, Capital One, Citi, Chase, Credit Card Programs, Diners Club, Signatures, Programs: AA & Marriott Perpetual Platinum; DL & HH Gold, Maybe this is an old AF - new AF promo retention. Should you pay your taxes with a credit card? 168. Got the fee waived last year for the Biz Plat which was great. A card company may reject your request for a retention offer for several reasons: you don't spend enough on the card, you haven't been a cardholder for very long, or the representative simply isn't authorized to give bonuses. 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. 3 minutes later I have 60,000 miles. 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. I sat down and looked at the cards I used the least, and my American Express Green Card immediately stood out. You can chat with an Amex rep by logging on to your American Express account. Keep track of that for your records in case anything happens! Ive found that I can get retention offers every other year.). 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. Explain that youre considering closing the card. These retention offers are usually determined by the card issuers system; theres really no way for a customer representative to change something that is determined by an algorithm. 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. 83. r/amex. 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. I needed to book a trip for my wife, daughter, and me to the San Francisco Bay Area and knocked out part of the $3,000 paying for Southwest Airlines tickets soon after the call. So, prices change by route, date and when you search, which is why I listed it after using Avios. Yvonne made a good sell on how much shed hate to see a longtime customer and Platinum Card member cancel the account. The best family beach vacation destinations to kick off summer, You can now transfer Marriott points between accounts online here's how. 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. 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. Ive had the card for 20+ years now because it offers amazing benefits, including great travel protection (e.g. However, Choice is a 1:1 Membership Rewards transfer partner, and you can find cheap award nights all around the world that usually start at 8,000 points. Terms apply. Update: Some offers mentioned below are no longer available. Whether I want to get far away or stay close to home, having a few more Amex points in my account makes it much easier. In 2021, eligible U.S. Card Members earned over $392 million in statement credits1 on qualifying purchases after adding and redeeming Amex Offers. Both Platinum cards offer complimentary gold status with both Marriott and Hilton (enrollment required). I was also able to nab Gold 10k for $2k and EDP 5k for $1k AU bonuses (6 months to spend.) Ink Business Cash Credit CardEarn $750 bonus cashback(75,000 points) after spending $6,000 in purchases within three (3) months of card membership approval. Accepted. Plus, your own feed of TPG content. If targeted, you will find these under the Offers tab for one or more of your cards on the Amex website or app. 168. All Rights Reserved. American Express generally does not remove the annual fees in their entirety. Usually, U.S. Bank will not provide retention offers, unless its for its premium credit cards. 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. Credit card companies like Chase, Citi, and Discover also provide retention offers to their cardmembers to encourage them to renew, but American Express is the most generous when it comes to this. I opened the chat last June and asked for a retention bonus on personal platinum and got 45,000 points for spending $4k in the next 3 months. Youll want to explain to the automated prompt that youre looking for a representative.. 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 say that in a very positive way.). In many instances, it just doesnt make sense to keep your cards open. We've even heard of 50,000-point retention offers. American Express generally does not remove the annual fees in their entirety. You must not of received a previous offer within the past 12 months, otherwise you wont be eligible. Marriott Bonvoy has launched two generous cashback deals for American Express cardholders. This post contains references to products from one or more of our advertisers. Click here to see a list of advertisers that we work with. You must not of received a previous offer within the past 12 months, otherwise you wont be eligible. Join. 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.