Another week has gone by and it is time for me to summarize this week’s posts for those who have missed out. Links are provided to each one for curiosity.
The last week was another quiet one. I was busy with family on Labor Day (Monday), so I lost a key day for writing. But I published two news posts and a post that updated readers about the status of my card lineup.
American Express Business Platinum Card Retention Call Results
Tuesday was a big day for me personally because I called to cancel my American Express Business Platinum Card. My card’s annual fee posted at the end of August and I was not using the card’s perks as much as I thought I was. Furthermore, the earning structure was terrible for my spending.
I called American Express and I had a tough time convincing the retention specialist to cancel the card. He did not offer me a single point or credit. Instead, he offered to downgrade me to the Business Gold or Green Cards. I declined both downgrade offers and cancelled the card successfully.
My card lineup is now consolidated to six cards. One of them is an American Express that has no annual fee. Therefore, Amex will not lose my business because the card will remain in my wallet forever.
World of Hyatt Card Offering $250 Statement Credit
Wednesday’s post discussed a $250 statement credit offer for Chase World of Hyatt cardholders. Cardholders must use their World of Hyatt Card to spend $500 at Hyatt Ziva or Hyatt Zilara resorts. By doing so, they will receive the $250 statement credit, which is like getting 50% back for your trip.
This is a cool offer because Hyatt is promoting their all-inclusive resort brands. But I find it interesting that they only targeted those who have their co-branded card. Hyatt usually offers deals like this one to all members.
The Amex Business Platinum Card Has a 100,000-Point Offer
Two days after I cancelled my Business Platinum Card, Amex revealed a limited-time, non-targeted offer for it. The offer is worth a huge 100,000 Membership Rewards (MR) points. However, the minimum spend threshold is also huge at $25,000. This threshold is unattainable for most individuals and small businesses. But medium businesses with at least $25,000 in quarterly expenses should go for this offer.
I hope that everyone has a great Sunday! Stay posted for more content next week!