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amex retention offer

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Anonymous
Not applicable

amex retention offer

Have ppl been getting bad retention offers from amex? My friend who usually puts a lot on his card and usually gets his AF fee waived (in return MR pts) cancelled his card this yr bc they wouldnt waive it this yr.

 

I dont spend as much as him but i put $15k annual spend and was only offered 2500 MR and then an additional 7500 after spending 1k in 60 days. Which isnt hard so i should get 7500 MRs in the end. But still a pretty weak offer imo. I prob should have hung up and tried w another CSR but was too lazy.

 

What have other ppl been getting?

 

Message 1 of 8
7 REPLIES 7
Anonymous
Not applicable

Re: amex retention offer

Your best bet to find out what other people are getting for Amex retention offers is to look on FlyerTalk.  Dedicated thread there about the topic.

Message 2 of 8
lokobo
Regular Contributor

Re: amex retention offer

Called to cancel my Amex Platinum a week ago, was offered 20000 MR points with 3k spend and also with 100 account credit, but declined and was eventually offered PC to PRG with the first years annual fee waived which I took. 


Message 3 of 8
red259
Super Contributor

Re: amex retention offer


@lokobo wrote:

Called to cancel my Amex Platinum a week ago, was offered 20000 MR points with 3k spend and also with 100 account credit, but declined and was eventually offered PC to PRG with the first years annual fee waived which I took. 


That seems like a somewhat decent plat retention offer, although its no fun to spend on the plat card because of the lack of bonus categories. 

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 4 of 8
satasat360
Regular Contributor

Re: amex retention offer

 since amex changed in to 1 bonus/card in the lifetime you have lost 50k MR  for the PRG unless you got that prior.


@lokobo wrote:

Called to cancel my Amex Platinum a week ago, was offered 20000 MR points with 3k spend and also with 100 account credit, but declined and was eventually offered PC to PRG with the first years annual fee waived which I took. 


 


Starting Score: 669
Current Score: 777
Goal Score: 800


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Message 5 of 8
NRB525
Super Contributor

Re: amex retention offer


@red259 wrote:

@lokobo wrote:

Called to cancel my Amex Platinum a week ago, was offered 20000 MR points with 3k spend and also with 100 account credit, but declined and was eventually offered PC to PRG with the first years annual fee waived which I took. 


That seems like a somewhat decent plat retention offer, although its no fun to spend on the plat card because of the lack of bonus categories. 


Except for the issue if lokobo did not have a PRG sign up bonus in the past, that now goes poof --- All gone.

The 20,000 bonus, without having to use a HP, along with the $100 AF reduction seems like a good offer. The 3k spend becomes 23k MR points so getting 7 MR per dollar for that spend, plus the benefits of the Platinum for another year on $350 cash cost.

 

If the PRG was desired, maybe better to just app for that on the 50k offer since that has first year no AF anyway.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 6 of 8
red259
Super Contributor

Re: amex retention offer


@NRB525 wrote:

@red259 wrote:

@lokobo wrote:

Called to cancel my Amex Platinum a week ago, was offered 20000 MR points with 3k spend and also with 100 account credit, but declined and was eventually offered PC to PRG with the first years annual fee waived which I took. 


That seems like a somewhat decent plat retention offer, although its no fun to spend on the plat card because of the lack of bonus categories. 


Except for the issue if lokobo did not have a PRG sign up bonus in the past, that now goes poof --- All gone.

The 20,000 bonus, without having to use a HP, along with the $100 AF reduction seems like a good offer. The 3k spend becomes 23k MR points so getting 7 MR per dollar for that spend, plus the benefits of the Platinum for another year on $350 cash cost.

 

If the PRG was desired, maybe better to just app for that on the 50k offer since that has first year no AF anyway.


Agreed. I wouldn't PC to the prg unless I had already gotten the bonus in the past. 

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 7 of 8
takeshi74
Senior Contributor

Re: amex retention offer

I haven't had the need to cancel anything nor do I have cards that don't have justified AF's to threaten cancellation for a retention offer.  I'd +1 the suggestion to check out the dedicated thread on FT.

Message 8 of 8
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