Amex plat retention offer

[jsucool76]

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@Anonymous wrote:

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@jsucool76 wrote:

i just got a $200 statement credit.

ETA: Ran about $5500 through it in my first account year. 

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I got the same offer or 25k points. Do you think that makes it worth keeping the card? Similar to the OP, I have not been able to use much of the perks. Just don't fit with my profile it seems after trying for one year.

EDIT: with the potential for AMEX for compete with Reserve by modifying the Platinum, maybe it will be worth hanging onto?

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To me, it's a $450 fee, $200 credit as retention, $200 in airline gift cards. $50 fee left, and that is one centurion lounge visit.

[wasCB14]

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@jsucool76 wrote:

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@Anonymous wrote:

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@jsucool76 wrote:

i just got a $200 statement credit.

ETA: Ran about $5500 through it in my first account year. 

---

I got the same offer or 25k points. Do you think that makes it worth keeping the card? Similar to the OP, I have not been able to use much of the perks. Just don't fit with my profile it seems after trying for one year.

EDIT: with the potential for AMEX for compete with Reserve by modifying the Platinum, maybe it will be worth hanging onto?

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To me, it's a $450 fee, $200 credit as retention, $200 in airline gift cards. $50 fee left, and that is one centurion lounge visit.

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Did you explicitly tell them to close it before they countered with the retention offer? Or you just made a noncommittal general inquiry as to whether you could get a retention offer?

[jsucool76]

Called up, asked for retention offers. Said something along the lines of "Yeah, my fee just posted, and I'm noticing a lot of overlap in my credit card benefits, so i'm hoping to get an offer otherwise i'll have to close my account."


They transferred me, dude offered me $200 on the spot. None of that "let me explain the benefits to you" bull that some companies do.