FlyerTalk Forums - View Single Post - American Express retention offers (2022)
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Old May 29, 2022 | 4:49 pm
  #529  
friedablass
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Originally Posted by MichaelJFK
Personal Platinum, 22 year member. Called to close my account and offered 55K MR points or $550 statement credit. Didn't push because my intent was to close since the value is no longer there for me personally -- so closed the account. I've had Diner's Club longer and while always had some lounge access now get Priority Pass included in the $95/year annual fee which meets my needs.
55k/$550 is probably on the higher end of their retention offers. I wonder what made it not worth accepting because to me 55k points mostly covers the annual fee as does $550 and even if you just use 1 single benefit such as the $200 airline credit you're more than fully covered. Then if you use more benefits, i.e. $200, FHR, $100 saks, $200 uber, etc you're automatically on the winning end. I get this card isn't for everyone but with a good retention offer like that I'd hold onto it for another year.
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