Amex Gold Charge Retention Offer March 2025 - Discussion

[sjmajumder]

Dear Friends,

I just called Amex to request a reversal of the annual fees on my Gold Charge Card and I was given the following options:

1. 50% waiver of the fees, i.e. reversal of Rs. 2655
2. Spend 1L in 90 days.

On option 2, I tried to bargain on the amount. When I didn't succeed on that tried to bargain on the duration. That didn't work either. Finally I asked do I have to pay the fees if I cancel the card? The answer was if I please the cancellation request before the due date the complete charges will be reversed and card will be cancelled.

I didn't opt for anything at the moment. I'll have to call back before the due date and let them know which option I have decided to go with.

Do you think I can get a better offer if I say that I am going with cancellation? I have MRCC too - spend target met.

 

[drsel]

I just called back and took offer 2.

Requested for extension to 120 days but was told it is not possible at the moment, however if I am unable to meet the target in 90 days, I can call again before 90 days are over and request for the same - no assurance but may work.

Got a mail stating: SAC Promise To Spend (P2S) Offer

It's better to pay 50%
this card is only good for 1000 x 6 times every month American Express rewards multiplier site

 

[sjmajumder]

It's better to pay 50%
this card is only good for 1000 x 6 times every month American Express rewards multiplier site

This 1L will cover the 1000 x 6 for 4 months (5 months in case I get the extension to 120 days). I have to spend additional 70K/76K.

 

[DaDarkkNight]

Amex plays cleverly here when it comes to giving retention offers on gold and platinum travel

Last Year, during my gold card renewal, I was given spend based (1.5L) retention offer for gold charge, or pay 50% fee. They were ready to negotiate on spend criteria for it (down to 1L). However I chose to close the card and retook the same after a few months.

For platinum travel cc, they were giving all other retention offers but not the spend based full waiver. Denied even after multiple requests. Finally when I called after a few days to close the card, they immediately offered spend based fee waiver (1.5L in 90 days) on my platinum travel card. This is recently in March this year

 

[ALOAK]

I just called back and took offer 2.

Requested for extension to 120 days but was told it is not possible at the moment, however if I am unable to meet the target in 90 days, I can call again before 90 days are over and request for the same - no assurance but may work.

Got a mail stating: SAC Promise To Spend (P2S) Offer

Yes you would get the email once they promise you. If you want to complete it use mobikwik wallet

 

[Riya]

I

Dear Friends,

I just called Amex to request a reversal of the annual fees on my Gold Charge Card and I was given the following options:

1. 50% waiver of the fees, i.e. reversal of Rs. 2655
2. Spend 1L in 90 days.

On option 2, I tried to bargain on the amount. When I didn't succeed on that tried to bargain on the duration. That didn't work either. Finally I asked do I have to pay the fees if I cancel the card? The answer was if I please the cancellation request before the due date the complete charges will be reversed and card will be cancelled.

I didn't opt for anything at the moment. I'll have to call back before the due date and let them know which option I have decided to go with.

Do you think I can get a better offer if I say that I am going with cancellation? I have MRCC too - spend target met.

Also got same offers and while bargaining just like you when they didn't budged even a little, I went for option 1 since I like Gold card's return ratio

 

[gg123]

I

Also got same offers and while bargaining just like you when they didn't budged even a little, I went for option 1 since I like Gold card's return ratio

Same in my case I got only 2 offers
2.5L in 60 days or 50% fee waiver

I tried negotiating the spend offer they said the system doesn't allow. I initially took 2.5L in 60days as I have a big spend coming up (1.8L). The merchant did not accept it and I had called them again to re negotiate the offers.

Finally caved in for 50% off.

 

[Riya]

Same in my case I got only 2 offers
2.5L in 60 days or 50% fee waiver

I tried negotiating the spend offer they said the system doesn't allow. I initially took 2.5L in 60days as I have a big spend coming up (1.8L). The merchant did not accept it and I had called them again to re negotiate the offers.

Finally caved in for 50% off.

Whooaaa... 2.5L spend for 5.5k fee waiver is a big thing to ask... Almost 2% returns

 

[gg123]

Whooaaa... 2.5L spend for 5.5k fee waiver is a big thing to ask... Almost 2% returns

Exactly. I might be the only guy who got the worst retention offer.

 

[Riya]

Exactly. I might be the only guy who got the worst retention offer.

True that 🤣

 

[Ra.One]

i too called and got the spend 1.5L in 90 days offer from my Plat Travel, but didnt receive a P2S mail. My offer started on 17 March. Should I call again?

Yes you would get the email once they promise you. If you want to complete it use mobikwik wallet

 

[DaDarkkNight]

y

i too called and got the spend 1.5L in 90 days offer from my Plat Travel, but didnt receive a P2S mail. My offer started on 17 March. Should I call again?

yes call and get that P2S mail, that is a written proof of confirmation of agreed terms for renewal offer

 

[great]

I opted 3rd ootion - cancallation of gold charge card
They have given temperory credit for one month to redecide and also link to apply for mrcc card

 

[ALOAK]

i too called and got the spend 1.5L in 90 days offer from my Plat Travel, but didnt receive a P2S mail. My offer started on 17 March. Should I call again?

Iyes you can call them and I form them or chat with them on amex app. Meanwhile you can start off your milestone spend, so that you don't lose your time.