Retention Bonuses = Free Miles for You! (and me)

Please note this site has financial relationships with American Express and this post may contain affiliate links. Read my Advertiser Disclosure policy here to learn more about my partners.

Last month I wrote about getting 2,500 miles from my Continental Onepass Credit Card just for asking. This month, I have done it again with my Chase Rewards card. Basically what I am doing is asking for a retention bonus. I few years ago I got one without asking, but for the most part you won’t get it unless you ask (unless it is a standard benefit of your particular credit card). What I typically do is wait until around the month that my credit card is due for an annual fee and then write them explaining that I would like to be considered for a “retention bonus” in order to help justify paying another year’s annual fee. I have heard of instances where the annual fee ends up getting waived, but that has never happened to me. I’m not complaining though, because in both cases this year I have received 2,500 points in my account just for asking. The value of those points is typically somewhere between $25-$50, depending on what you use them for. Not at all a bad deal just for asking!

Here is how the conversation went this go round:

I make initial request:

They respond with something other than points:
I edited some of the response out as they just went on about different credit cards, one of which I already had!

I clarify what I am asking for:

They send it to the “appropriate department” – always a good sign!

And voila, success!

Of course there is never a guarantee that they will grant the points, but it doesn’t hurt anything to ask! You can also do it over the phone if that is more your style. I recommend asking in a way similar to what I’ve just demonstrated and timing it a month or so before your annual fee is due. Then just be polite, but persistent, and see what you get!

Comments

  1. Thanks so much for taking the time to write this. I am learning something new tonight, and will definitely use this technique soon 🙂

    • So glad it is helping you! Retention bonuses really have worked out well for us – hopefully they will for your family, too!

Leave a Reply

Your email address will not be published. Required fields are marked *