topic Re: Chances for Amex Retention offer in Credit Cards

Chances for Amex Retention offer

redpat — Sat, 19 Mar 2016 15:59:32 GMT

My Amex Plat AF is coming up and I'm wondering the success for retention offers?

I will have put between $20k - $25k through the plat.

I have put another $30k - 35K through EDP, will that help? That extra 50% bonus really adds up.

A lot of my business reimbursements went through Amex.

Is asking for 20k - 25k MR be unreasonable? Or could I get more?

Thanks for your thoughts.

Re: Chances for Amex Retention offer

Open123 — Sat, 19 Mar 2016 16:05:00 GMT

While I have no idea what makes up their computer algorithms for bonuses, From my experience, your expenditures on "other" cards either are not a factor, or a very minor one.

I've been offered a bonus of 50MRs for spending $3K, but not every year. It's more like every other year. I have a business parther who actually spend quite a bit more on hers, but was only offered 20K bonus. Not sure if this matter, but while I requested a PC to the Bus Green to trigger the retention offer, my Bus partner threatened to cancel the card.

Good luck!

Re: Chances for Amex Retention offer

redpat — Sat, 19 Mar 2016 16:12:12 GMT

@Open123 wrote:
While I have no idea what makes up their computer algorithms for bonuses, From my experience, your expenditures on "other" cards either are not a factor, or a very minor one.

I've been offered a bonus of 50MRs for spending $3K, but not every year. It's more like every other year. I have a business parther who actually spend quite a bit more on hers, but was only offered 20K bonus. Not sure if this matter, but while I requested a PC to the Bus Green to trigger the retention offer, my Bus partner threatened to cancel the card.

Good luck!

Thanks.

Maybe I'll tell them I was looking at the Prestige and their benefits to push them along, who knows. The problem is that since I have the Ink+now my business expenses are going on that card and my spend on plat will go down one half next year.

Thanks also on EDP spend, I won't mention that on trying to get a retention offer. I'm going to keep the card though, so my bluff of cancelling could be called, lol.

Re: Chances for Amex Retention offer

ibmrad7 — Sat, 19 Mar 2016 16:27:07 GMT

I'll tell you my own experience with retention offers for my personal Platinum

2014 - 50K pts, ran close to 70-80K

2015 - 25K, ran close to 60-70K

2016 ( called them last month ) - 40K, ran over 100K.

PS: You can't really ask for a specific MR amount, it's what the computer spits out.

Re: Chances for Amex Retention offer

redpat — Sat, 19 Mar 2016 16:33:05 GMT

@ibmrad7 wrote:
I'll tell you my own experience with retention offers for my personal Platinum

2014 - 50K pts, ran close to 70-80K
2015 - 25K, ran close to 60-70K
2016 ( called them last month ) - 40K, ran over 100K.

Looks like 50k and above mybe the magic number. I'll try anyway, nothing to lose and see if I can get anything.

Re: Chances for Amex Retention offer

Open123 — Sat, 19 Mar 2016 16:37:33 GMT

@redpat wrote:
@ibmrad7 wrote:
I'll tell you my own experience with retention offers for my personal Platinum

2014 - 50K pts, ran close to 70-80K
2015 - 25K, ran close to 60-70K
2016 ( called them last month ) - 40K, ran over 100K.
Looks like 50k and above mybe the magic number. I'll try anyway, nothing to lose and see if I can get anything.

Or, you could try this.

This worked a couple of years ago, but not sure if it still will. During the off year I wasn't offered a bonus, the Analyst hinted that I could PC the card to a Bus Green to receive a 5K bonus, then PC again to the Bus Plat for a 50K bonus. This not only worked, but as an added bonus, I even triggered another 10K MR for the POT feature.

Re: Chances for Amex Retention offer

redpat — Sat, 19 Mar 2016 16:58:50 GMT

@Open123 wrote:
@redpat wrote:
@ibmrad7 wrote:
I'll tell you my own experience with retention offers for my personal Platinum

2014 - 50K pts, ran close to 70-80K
2015 - 25K, ran close to 60-70K
2016 ( called them last month ) - 40K, ran over 100K.
Looks like 50k and above mybe the magic number. I'll try anyway, nothing to lose and see if I can get anything.

Or, you could try this.

This worked a couple of years ago, but not sure if it still will. During the off year I wasn't offered a bonus, the Analyst hinted that I could PC the card to a Bus Green to receive a 5K bonus, then PC again to the Bus Plat for a 50K bonus. This not only worked, but as an added bonus, I even triggered another 10K MR for the POT feature.

They added POT automatically no MR. I didn't remeber to call and cancel and I was too late.

I use the benefits a lot and I read info about retention offers and thought I might get one, I guess I will see soon enough.

Re: Chances for Amex Retention offer

ibmrad7 — Sat, 19 Mar 2016 17:03:52 GMT

Google: "amex retention offers flyertalk".

Tons of recent posts on that link.

Re: Chances for Amex Retention offer

redpat — Sat, 19 Mar 2016 17:04:57 GMT

@ibmrad7 wrote:
Google: "amex retention offers flyertalk".
Tons of recent posts on that link.

Thanks, will do.

Re: Chances for Amex Retention offer

red259 — Sat, 19 Mar 2016 18:18:57 GMT

@Open123 wrote:
@redpat wrote:
@ibmrad7 wrote:
I'll tell you my own experience with retention offers for my personal Platinum

2014 - 50K pts, ran close to 70-80K
2015 - 25K, ran close to 60-70K
2016 ( called them last month ) - 40K, ran over 100K.
Looks like 50k and above mybe the magic number. I'll try anyway, nothing to lose and see if I can get anything.

Or, you could try this.

This worked a couple of years ago, but not sure if it still will. During the off year I wasn't offered a bonus, the Analyst hinted that I could PC the card to a Bus Green to receive a 5K bonus, then PC again to the Bus Plat for a 50K bonus. This not only worked, but as an added bonus, I even triggered another 10K MR for the POT feature.

The card you started this with was it the personal plat? I was going to pick up the amex business plat down the line after getting rid of my personal plat, but I was going to wait for a 75-100k signup offer. Was the 50k offer just for switching or did you have to meet a spend requirement on it? Since I have the prestige card I don't necessarily have a huge use for amex plat and therefore the signup offers are the best part of it

Re: Chances for Amex Retention offer

Open123 — Sat, 19 Mar 2016 22:37:42 GMT

@red259 wrote:
@Open123 wrote:
@redpat wrote:
@ibmrad7 wrote:
I'll tell you my own experience with retention offers for my personal Platinum

2014 - 50K pts, ran close to 70-80K
2015 - 25K, ran close to 60-70K
2016 ( called them last month ) - 40K, ran over 100K.
Looks like 50k and above mybe the magic number. I'll try anyway, nothing to lose and see if I can get anything.

Or, you could try this.

This worked a couple of years ago, but not sure if it still will. During the off year I wasn't offered a bonus, the Analyst hinted that I could PC the card to a Bus Green to receive a 5K bonus, then PC again to the Bus Plat for a 50K bonus. This not only worked, but as an added bonus, I even triggered another 10K MR for the POT feature.
The card you started this with was it the personal plat? I was going to pick up the amex business plat down the line after getting rid of my personal plat, but I was going to wait for a 75-100k signup offer. Was the 50k offer just for switching or did you have to meet a spend requirement on it? Since I have the prestige card I don't necessarily have a huge use for amex plat and therefore the signup offers are the best part of it

It was a Bus Plat, where I PC'ed to a Bus Green for 5K MR and new 10K POT sign-up bonus. Then, in a few months, I PC'ed back to the Bus Plat receiving 50K MR Bonus for spending $10K in 3 Months.