Jump to content

Please consider disabling your adblocker for CreditBoards if you have not already done so.  This site depends on advertising revenue to stay online.


Sign in to follow this  

Amex retention

The last post in this topic was posted 834 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Recommended Posts

Went to cancel my Amex Platinum today but found out my fee isn’t due until November. Still I told them I  wanted to cancel and she said she could give me 5,000 points and another 15k if I spend $3000 in next 3 months (which is easy for me). Not sure if that’s a regular thing or not but figured I’d put it out there in case it could be useful to others. Still plan on canceling because I have five or six amexes from the backdating days. 

Edited by trubliever82

Share this post


Link to post
Share on other sites

16 minutes ago, trubliever82 said:

Went to cancel my Amex Platinum today but found out my fee isn’t due until November. Still I told them I  wanted to cancel and she said she could give me 5,000 points and another 15k if I spend $3000 in next 3 months (which is easy for me). Not sure if that’s a regular thing or not but figured I’d put it out there in case it could be useful to others. Still plan on canceling because I have five or six amexes from the backdating days. 

FWIW, there are some data points on FTF on retention for many major issuers.

 

why cancel? downgrade and keep the D*

 

ETA: https://www.flyertalk.com/forum/american-express-membership-rewards/1812751-american-express-retention-offers.html

in case you want to compare your DP to others'

Edited by hegemony

Share this post


Link to post
Share on other sites

Well I’m 35 but got 5 amexes d* to 1970 so I actually was calling to inquire about a pc but I have the green and gold already so I started off with the cancellation and was going to maybe work back to a pc if possible. If I couldn’t pc I was going to cancel because my AAOA is over 10 years and I don’t really need anymore cards having almost 1mil in available credit and pif every month.

 

Then when she told me I have until November til fee is due again I figured why not keep it. However, as soon I said cancel she started throwing offers to me. She told me she could give a $75 credit and I said no thanks. Then said the 5k free points and I said no, then she threw in the 15k and I bit. Afterward I was thinking if she would’ve went higher but was happy with that. 

 

I have have so many cards, 42 if I remember correctly, and it’s a job anymore to try to keep them open let alone research rentention offers. I’m sure I could get a lot of them, however, I’m trying to free up my schedule and life to have more time for enjoyment. Im hoping to semi retire in November and only do things I enjoy to make an income since I’ve done well for myself. Only issue is I enjoy making money so all I do is work. But I don’t need as many cards to rely on anymore to accomplish that, but it is very hard to cancel cards. I guess I’m lucky to have that being a struggle and not something else. It’s nice coming to the forum and knowing I’m not alone in the struggle 😁

 

 

Share this post


Link to post
Share on other sites

If you spend ANY amount of time traveling, you should re-evaluate closure.  Nothing under Plat gets you Centurion Lounge.  And it beats the hell out of most lounge products, to say nothing of the steps taken to limit the salamanders bringing in the whole brood.

Share this post


Link to post
Share on other sites
If you spend ANY amount of time traveling, you should re-evaluate closure.  Nothing under Plat gets you Centurion Lounge.  And it beats the hell out of most lounge products, to say nothing of the steps taken to limit the salamanders bringing in the whole brood.


I agree completely. I can easily justify the fee for this card because of the benefits included. Being a regular Uber rider and airport passenger helps.


Sent from my iPhone using Tapatalk

Share this post


Link to post
Share on other sites
3 hours ago, hegemony said:

FWIW, there are some data points on FTF on retention for many major issuers.

 

why cancel? downgrade and keep the D*

 

ETA: https://www.flyertalk.com/forum/american-express-membership-rewards/1812751-american-express-retention-offers.html

in case you want to compare your DP to others'

I try to justify it but I’ve never been on vacation or have ever flown on a plane so I don’t know anything about airport lounges. I gave my fiancé who does fly the card because she’s a AU and told her all the benefits but she comes back always paying cash for everything because that’s her. I do get $15 Uber or Uber eats credit per month and I guess some benefits for car rental. Maybe if they give a retention offer each year I try to cancel I can justify. I didn’t plan on them ending D*. I thought I’d open then close after a few months. Man those were the good days

Share this post


Link to post
Share on other sites
On 7/10/2018 at 5:36 PM, trubliever82 said:

I try to justify it but I’ve never been on vacation or have ever flown on a plane so I don’t know anything about airport lounges.

 

Today is a great day to start!  

 

:)

Share this post


Link to post
Share on other sites

The last post in this topic was posted 834 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  




  • Member Statistics

    • Total Members
      179,447
    • Most Online
      2,046

    Newest Member
    worktogetoutofdebt
    Joined

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines