FlyerTalk Forums - View Single Post - American Express (USA) retention offers (2024)
Old Jun 17, 2024 | 9:47 pm
  #438  
friedablass
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Originally Posted by Dr Jabadski

Understanding that any card can be cancelled at any time, please clarify. Do you mean you can cancel next March and accept the possible repercussions of cancellation less than 12 months after receiving a retention offer? Some other aspect to cancelling? Thank you.
Meaning to say that if I do meet the spend on the retention offer and get the 40k point I'm on the hook to pay $695 next March because I must keep the card open and can't cancel until after 6/17/2025 (12 months after acceptance of retention). If I don't meet the spend, I don't get points so I can cancel next March if I choose to do so and not pay the AF again and not suffer any repercussions since no bonus points were ever received. Hope this clarifies it.
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