My American Express Platinum Retention Offer Results
The annual fee posted for my Ameriprise Financial American Express Platinum card a few weeks ago. I decided to give American Express a call and see what type of Platinum retention offer I could get. If you remember last year I called on this same card and received a decent enough offer that I kept the card. I was curious if I would get a similar retention offer this time around.
Details On The Card
The Ameriprise Financial version of the Platinum card is unique in the fact that the annual fee is waived the first year. You also have the opportunity to add up to 3 Authorized Users at no charge the first year. This is a good option if you have already had the regular personal Platinum, hopefully with a 100K welcome offer, because this version comes with no welcome offer.
I have only put a few thousand dollars of spend on the card from Amex Offers, Airline Credits, Saks Fifth Avenue credits, and a few taxes and fees on award flights. Because of this, and because of what I received last year, I was not expecting much.
My Retention Offer
My retention offer was a big fat nada, zilch, a lump of coal, a whole lot of nothing! The American Express representative told me about all of the credits and perks I would be passing up. When I asked if there were any offers to offset the annual fee he said no because I had one last year. I have heard of them doing this more often lately. Some people are only getting a retention offer every other year.
I was kind of hoping that I would get an offer that I couldn’t pass up like 30,000 points etc. If it had been a regular Platinum version I probably would have downgraded to the new Gold card but I would have had to take the Ameriprise Financial version which isn’t the same thing. My next move is to pick up the Charles Schwab version since I have never had that one.
Let me know your recent retention offers on the Amex Platinum card in the comments section.