First renewal and spent about 35k so far.
Was offered:
1) $200 spend in next 2 billing cycles for $95 credit; 500 TYP bonus for $500/month spend for 16 months.
2) 1k spend in each of next 3 billing cycles of $95 credit, plus some TYP bonus terms that I can't remember exactly but didn't sound better than 1).
Took 1).