🚨📲GET TRANSFER BONUS NOTIFICATIONS! markscreditcards.com/transferbonusalerts 💥👇 VIEW CREDIT CARD OFFERS! markscreditcards.com/offers 🛍 RAKUTEN - Earn More Cash Back! markscreditcards.com/rakuten ⬆ (More links in Description below video!)

For my wife the only offer they had was a lower apr, so the card went where it belongs, garbage. In a few months I'm supposed to renew my card, and I will give them one chance, if no offer or the same kind of garbage offer card will be cancelled without any doubt.

@runforrestrun2428

Ай бұрын

Me too! I’m thinking about canceling my gold card if they do not give me a good retention offer

@basnetgl

Ай бұрын

@@runforrestrun2428 To be honest with you all, I have a feeling it may be difficult to get retention offers at this point in time.

@ayman.ibrahim

Ай бұрын

Well done , the card is completely not worth it.

@reubenmorris487

Ай бұрын

Is this the reason why AMEX is offering 90,000 point welcome offer? Because so many people are cancelling the Gold??

@angelarias8366

Ай бұрын

I did the same and I cancelled the card, y wife card is coming due and if we don’t get an offer it will be cancelled as well

I come to this channel and just click on a random video in the list when I need a pick me up and to watch what this guy is up to next.

LITTERALLY JUST DID IT WORD FOR WORD AND IT WORKED! 25K POINTS FOR 3K SPEND FOR 3 MONTHS , YOU'RE THE BEST MAN!

@MarkReese

Ай бұрын

Congrats & enjoy!

@lewis20002000

Ай бұрын

......WOW.....I like this data point, this one will keep me, so I will keep using my card every day until the af hits next month.

@aspiringwhale7306

19 күн бұрын

Bro.....he has been red pilled and loving the conversation between customer service rep and others! 4D Chess. ***Bookmarking this video*** for next year AF if apply for this card!

Yeah. No. Amex REFUSED to give me a retention offer. My renewal was in april. They absolutely flat out refused. I called 3 different times and they all did not even try to hear it.

@MarkReese

29 күн бұрын

Bummer.

Appreciate the tips on maximizing retention offers! You also inspired me with that competitor card play, will definitely try the same.

Thank you so much for this video Mark! My Amex Gold annual fee posted April 15th and was rejected for a retention offer back then. I immediately chatted with them again after watching your video and BOOM they offered me the same 15K after $2,000 spend. Thank you so much!

@MarkReese

Ай бұрын

Great to hear, congrats!

Thanks for the info + video!

Very well done brother, my af us due in July, and honestly if I don't get a nice offer I'm fine without the card and the monthly hassle.

I got the 10,000 point offer mentioned in this video last year for my Gold Card retention offer which came at perfect timing since I had plans to buy a PlayStation 5.

Great video. My renewal had just posted two weeks ago. I followed your steps and I got offered a 25K for spending $3k in 90 days

@MarkReese

Ай бұрын

Congrats!

My anniversary and fee was about 2-3 months ago but I might still try

I've heard many DP on AMEX handing out retention offers on the personal Gold... this only means many valuable cardholders were cancelling

You the only can do that it's six years done that 😮 you are the best

Worked!

Love seeing a way to get more value out of a card that will likely see an annual fee increase soon 😬

@MarkReese

Ай бұрын

So do I 🌟 Countdown to (a very likely) $325 AF!

@randomthomas2947

Ай бұрын

@@MarkReese when it goes to that price I am canceling

I accepted a 30000 points after 2000 spend retention offer in February . Will reconsider next year irrespective of expected fee hike

@MarkReese

Ай бұрын

Great offer!

Thank You! Got 25k points after $3k spending within 3 months

@MarkReese

Ай бұрын

Congrats!!

Hey there, I just renewed my card this year. I wished I would have seen your video sooner!

@MarkReese

Ай бұрын

You can still ask if an offer is available. Your call!

Thanks for the great video! I recently tried to get a retention offer on my Gold Card and it was like pulling teeth. Your offer of 15.000 points is better than the 10,000 point offer I got, but I took it. I was happy to get a retention offer and I was not going to quibble about it.

@MarkReese

Ай бұрын

Glad to hear you got one!

@basnetgl

Ай бұрын

@@MarkReese Thanks for the kind words! I think it is length of account that determines the size of the retention offer. I put like $12k per year on my gold card, but I only got my gold c ard a couple of years ago. I heard all of the good stories about it's point earning ability and I had to get one.

The king of retention offers has return!

Great video 🎉

@MarkReese

Ай бұрын

Thanks!

Thanks for this interesting new video Mark! Do you know if it s possible to get two retention amex offers for the same amex card two years in a row ?

@MarkReese

Ай бұрын

Not sure these days. I haven't gotten back-to-back retention offers in awhile.

Genius 🥂👍

I also have had amex chat apply something agreed to to the wrong card twice! Now, I specifically ask the chat person to confirm that the closure or rention offer is attached to the card ending in 1234. I make them type the last 4 numbers to confirm they don't close or apply the offer to the wrong card.

@MarkReese

Ай бұрын

Smart 👌

Now you must to spend 4,000 in 3 months with the 2 gold cards. Thanks for your video

@MarkReese

Ай бұрын

Correct 👍

I was given a $175 retention offer in April for my gold card, with 3K spend in 3 months I believe

@MarkReese

24 күн бұрын

Good offer, congrats!

On August 11 of 2023, I upgraded my green to gold and was not eligible for the welcome bonus on gold of course. I already paid the full gold annual fee in March 14, 2024. I might either downgrade back to green or cancel the gold entirely, especially with the rumored gold card annual fee going up. They better not use resy as a partner or else I’m out and going back to team no annual fee on Amex or back to green. I went on two cruises with green, but the credits are garbage. so I have a decision to make within the next few months to nine months from now

@Miggy2222

Ай бұрын

Never upgrade; always apply for the new card and cancel the old card

@Th33Vultur3

Ай бұрын

I was in pop-up jail

@tranquil5892

Ай бұрын

@@Miggy2222 Yup, unless you've already had the bonus on the card you're upgrading to.

Thank you so much. I just did this for my gold card unfortunately only got 10,000 MR points.

@MarkReese

Ай бұрын

Congrats on getting the 10K!

Hi Mark, my renewal just posted a couple of days ago, and I used your steps and was offered 25,000 points after spending $3k within 90 days. I appreciate your tips and advice!

@MarkReese

22 күн бұрын

Congrats & enjoy!

I only got 10k points retention for 2k spend last month, guess it depends on how much spend you put on it in the previous year

@justice9898

Ай бұрын

It depends on how much you put on the card,/if you ask for a retention offer last year/etc

Followed your advice step by and step and just got a retention offer (they call it a loyalty bonus) of 25,000 points if I spend $3k in the next 3 months

@MarkReese

Ай бұрын

Congrats!

@joshs9066

Ай бұрын

Thanks I love free money 🤑

Hey Mark! Do you believe that these offers are based on spend or time holding card? My AF won’t post till early next year but I should have about 19000 in spend. I will only have had it one year. Thanks.

@MarkReese

Ай бұрын

Not sure. That's not data I have info on.

Appreciate it got 30k points spending 3k$!!!

@MarkReese

24 күн бұрын

Fantastic, congrats!

Would this work with the co-branded cards as well Hilton/Marriott/Delta?

@MarkReese

Ай бұрын

Potentially. I received a retention offer on my Bonvoy Brilliant card before.

I got offered 10K for 2k spend in 3 months. Cancelling the card and gonna use the CSP instead

HA, GOT EM!

Data point: I just did this process, opened my card in 2022, and received offer for 25k points for $3k spend in 3 months. And this was 6 months past my last annual fee, so right in the middle of a year I already paid for.

@MarkReese

Ай бұрын

Congrats & thanks for sharing your data point!

@links212

25 күн бұрын

They refund a prorated annual fee if you cancel

@MarkReese

24 күн бұрын

@@links212 - It's my understanding that was the case years ago. But in more recent years, if you cancel an Amex card within 30 days of the closing date for the billing statement on which the fee appears, then you'll get a full refund. Beyond that period, a refund - in full or prorated - is not possible. However, product changes may be eligible for prorated annual fee refunds.

@links212

24 күн бұрын

@@MarkReese Ah I see, must be thinking of product changes then

Does Chase Sapphire preferred or venture x have this retention offers?? or what about hyatt credit card haha

@MarkReese

Ай бұрын

Chase is known to offer retention offers, though they're usually smaller statement credits.

Super credit card executive pro

I am new to credit card points and i only have the no fee amex blue cash. Your annual spend of approx $800 on the recently opened gold card with a fee of $250? Don't i have to spend at least $6000 a year on groceries and restaurant to break even? For those of us who have low monthly spend, do you still recommend amex gold and platinum for sub?

@MarkReese

Ай бұрын

1. I use the card primarily for referrals each year. Amex allows you to earn up to 100K points per card per year in referrals. 2. If your spending habits would already make use of the 2 credits ($120 each for Grubhub and the Dining Credit partners), then the effective annual fee is $250 - $240 = $10. If you wouldn't normally use those credits, then the $250 annual fee doesn't make sense for small spenders. 3. An exception to #2 above is getting a large welcome offer in Year 1 and using it for flights. In that case, you could look at it as paying $250 for a flight costing $600, $900, or more.

Seems like I always get the bad luck when it comes to getting retention offers. They love throwing the "but you've used all the credits already so it makes sense for you to keep it" lol

@MarkReese

29 күн бұрын

Gotta come up with a strong counterargument 💪

If keeping the card, which gold does it better the rose gold or the regular classic gold?

@MarkReese

Ай бұрын

No difference in the rewards or benefits.

Hi Mark. I got 25k/$3k/3 months on Plat. It doesn’t completely offset the AF but helps a bit. Was hoping for a higher offer. Still new to this. Is there an optimum time to ask for retention offer? Before/after AF hits?

@MarkReese

Ай бұрын

Congrats! I'm not aware of an optimum time.

My AMEX Gold Card AF posts next month on July 11th. Can I attempt to get the retention offer before it posts? I spent $5k on this card last year, but I don't live in an area that I can use the Uber or Grubhub credits. I assume they will give me an offer, but I am really considering closing and opening a $0AF card to park my MR points on. I just value CO and UR points higher than Amex points and tend to focus my spending on other cards personally. I hope I get a good one since the Gold card has a bit of a cool factor.

@MarkReese

22 күн бұрын

You can ask whenever you like.

Increased annual fees don't affect me. I have the card waived of all fees with active military.

@MarkReese

Ай бұрын

💯🇺🇸

Retention offer will be hard to accept if they raise the annual fee for the Gold before October 25 for me.

@BillyBlakeington

24 күн бұрын

Get the blue business plus to keep your points and not waste one of you limited amex cards on an everyday card

Are there any retention offers available for CHASE annual fee cards?

@runforrestrun2428

Ай бұрын

Yeah I would like to know as well!

@MarkReese

Ай бұрын

Occasionally, yes. Chase often does smaller statement credits.

What if i use 5% cash back cards on everything and then buy points when they are on sale. Would this strategy out earn the points strategy ?

@MarkReese

Ай бұрын

When points are maximized highly, no.

Mark with the rumor going around the annual fee going up Do you think from your experience it'll have a elevated welcome offer to come with? I'm thinking about getting the card Since I've never ever had it before And I want the most points I can get even with a higher annual fee

@MarkReese

Ай бұрын

There isn't a way for me to know. I sure hope to see higher welcome offers!

when you said another account, did you mean an authorized user account or other accounts totally? thanks for your video!!

@MarkReese

26 күн бұрын

I have 2 separate Gold Cards (primary accounts).

This is my first year and about to hit my annual fee .. can I do this year or should I do next year ..??

@MarkReese

Ай бұрын

Up to you! It's possible to get a retention offer after Year 1.

Does anyone know if chase offers a retention offer on the sapphire?

@MarkReese

Ай бұрын

They have in the past. Chase often does smaller statement credits.

Mark, is it "safe" to follow the steps in your video if my Amex Gold is my only Amex card? I don't want to threaten cancellation, only for them to say "Ok cya" and I lose all my points!

@MarkReese

14 күн бұрын

If the Amex Gold Card is the only Amex card you have that earns Membership Rewards points, then closing it will mean you'll lose the points. The agent will not close the account without you agreeing to it. An easy way "out" is to simply say something like, "Thanks, I need to think about this a bit longer. Please keep my card open for now."

This is what I got… 😵‍💫 “I have reviewed and there is no retention offer available on your gold crad currently.” Any suggestions when I try to reach out again?

@MarkReese

24 күн бұрын

There's nothing you can say that would change that. If their system isn't showing an offer, they can't force one to show up. I'd simply check back at other times throughout the year, perhaps even weekly. I'd also consider asking about offers on any other Amex cards I had.

I went ahead and tried, being careful with my wording and got a 25k pts offer for $3k spend

@MarkReese

14 күн бұрын

Congrats on receiving the offer!

You hit them hard with the the US bank plow!!!

Seems like Amex wants to give a retention every other year. They quote you got one last year so we can’t do one this year.

@MarkReese

Ай бұрын

That's been my recent experience, too.

hello this is patrick

It's actually been awhile since a "I keep amex because of retention bonus" videos

@BruceLeeCredit

Ай бұрын

True. Don't think I'd ever ask Amex for a retention offer though until I get all the card subs from them first. Scared that will put me in popup jail if I do.

Are retention offers given on co branded cards also?

@MarkReese

Ай бұрын

It's possible & always worth asking! I got a retention offer on my Bonvoy Brilliant some time ago.

@joanreilly6419

Ай бұрын

Thanks!

👍🏻

I just call and talk to a person. Much less BS that way.

I tried recently with my Platinum and there were no offers. But they said I should check back in a few days. I wonder if that would make any differences?

@MarkReese

Ай бұрын

It could! Check out the comment by Yamah Naim / @thecreditcardmd

@wshnus

Ай бұрын

@@MarkReese ok! I'll give it a try!

@wshnus

Ай бұрын

@@MarkReese 2nd attempt also no offers, I went ahead and cancelled the card. It just takes a lot of work to track all the credits. I will be upgrading my CSP to CSR later this year.

@wshnus

Ай бұрын

@@MarkReese I just cancelled the Platinum card, and I already have a green card. Now it seems like I get an upgrade offer from Green to the Platinum and I will get 25k MR points after spending 2k. If I do that, will they red flag me? I also get an upgrade offer to Gold for 15k points after spending 1k, I wonder if I do that first and will I get another upgrade offer to Platinum may be next year?

@MarkReese

Ай бұрын

@@wshnus - There isn't a way for me to know what Amex will / will not do. Accepting an upgrade offer should not be a problem provided you keep your account upgraded for a full year. If the Platinum Card doesn't make sense for you & if you find it frustrating to use all the credits, then 25K points likely isn't worth it.

No retention offer available for me this year 😔

@TheNeotobeo

Ай бұрын

Same for me.

@MarkReese

Ай бұрын

☹

@basnetgl

Ай бұрын

@@MarkReese Wow! Now I feel lucky.

@BillyBlakeington

24 күн бұрын

Keep trying, some people have gotten it after multiple attempts

I thought I can only have 1 gold card not 2 how you get 2 gold cards from Amex ?

@MarkReese

Ай бұрын

I applied for them both. Just realize that you'll only get the welcome offer on one, though. You can also end up with 2+ of the same card by product changing.

I opened my gold card April 2023 and I spent 65k in 2023, in April 2024 I asked for retention offer 3 diff days after seeing my annual fee posted to the account, no offer☹️☹️☹️☹️☹️

@MarkReese

Ай бұрын

☹

@5215fdever

Ай бұрын

@@MarkReese I also opened my platinum card in feb 2023, this feb I asked for retention offer, 3 times in 3 diff days, no offer. I spent around 130k on both cards last year, I was surprised to see that you have offer while you spent so little on your cards last year. Don’t understand how their system work😭😭

@MarkReese

Ай бұрын

@@5215fdever - Bummer. I don't know either. That's crazy!

@robertwebster7833

Ай бұрын

I had a similar issue, on one of my attempts, the chat team mentioned that I may get an offer to help increase the card benefit if I was to enquirer after the date I did so last year. I waited a few more days until the date they specified and hey presto! Maybe that’s just it…

Damn you dont spend any money 😂 im going to see what they can do for me come time. Thanks

@MarkReese

Ай бұрын

Go get it!

I got 50k for 4k spend. Took it

@MarkReese

23 күн бұрын

🏆🏆🏆

Is the Amex gold card annual fee now $325?

@MarkReese

Ай бұрын

As I write this reply on 6.07.2024, no. It's still $250.

Has 2 cards but says he doesnt get any value...AMEX should have told Mark to kick rocks

@MarkReese

Ай бұрын

😂

They'll never get me card back, even if I pretend with a retention hack.

I got offered 10k to keep mine so I did.

@MarkReese

Ай бұрын

Congrats!

They didnt give me any offer this year for me sadly😢

@anthonyblack9906

Ай бұрын

Do something ab out this!!!!! didn't up!! im hurting

@MarkReese

Ай бұрын

☹

@jaykid007

Ай бұрын

Every other year

@Creditcardnerd

Ай бұрын

Make sense! This was my first year having it. My first annual fee was when I apply this card. So on the 2nd renewal?

@BillyBlakeington

24 күн бұрын

​@@jaykid007year 1 then every other year I've heard

i was offered 30k points for 3k spend in 3 months

@runforrestrun2428

Ай бұрын

When did you get the retention offer?

@MarkReese

Ай бұрын

💥💥💥

@joethong726

Ай бұрын

@@runforrestrun2428 january this year

They didn’t offer me One. Those bastards lol.

@MarkReese

Ай бұрын

☹️

Valid to Canada as well?

@MarkReese

Ай бұрын

Can't confirm that. Give it a try 👍

@avishaimoscovich453

Ай бұрын

@@MarkReese They don't have chat support in Canada. They asked me to call them on the phone. Should I?

@MarkReese

Ай бұрын

@@avishaimoscovich453 - Sure.

@avishaimoscovich453

Ай бұрын

@@MarkReese I called them and there is no retention offers at the moment. The Canadian AMEX program is crap.

@MarkReese

Ай бұрын

@@avishaimoscovich453 - Bummer. Good that you gave it a try.

😁👌

How is it possible to have two Amex Gold cards?

@MarkReese

Ай бұрын

Amex allows you to have multiples of the same card without an issue. You can do upgrades / downgrades within the same family of card products, or do what I did and apply for them directly (only got the bonus on 1 though).

@wshnus

Ай бұрын

But what's the benefit of having multiple though? You can only get the bonus only once.

@MarkReese

Ай бұрын

@@wshnus - Referrals. Amex allows you to earn up to 100K points per card per year.

@wshnus

Ай бұрын

@@MarkReese I see. This would work if you have a lot of referrals.

@F_Bibiloni

Ай бұрын

@@MarkReeseand then they will send you a 1099 on it 🤬

Yo

Mark, why do you motivate non-profit people to keep bothering Amex? Didn't you think you are the reason they keep increasing AF and adding more coupons? Just close the damn card if you are not using it. Common bring something to the table and stop just exploiting people who do. So un-American I cannot stand it!

@MarkReese

Ай бұрын

Thanks for expressing your perspective. Sounds like we see things differently, and that's fine. If you don't resonate with the channel or approach, there are others out there.

@someguy2345

Ай бұрын

@@MarkReese I do like your videos. It's just this one seemed like contradicting with my views and values. I apologize for being too emotional in my comment. I hope you will get some value from it nevertheless. And thanks for your response!

does anything think its so dumb you have to beg for a retention offer. why can't amex offer retention bonuses for loyalty

BOOOOOM SHAKALAKA 🤪🤪