Called the retention department directly this evening at 800-444-2568 regarding Thank you Premier card.

Stated reason for cancellation was due to annual fee.

Was given 3 offers:
$95 statement credit for spending $3K in the next 3 months
$50 statement credit for making 5 purchases of $10 or more over the next 3 months
$95 statement credit + 1000 TYP for spending $1K per month for the next 3 months

Accepted the third offer. Wiki updated