Called to cancel my AmEx. Got offered 30k points to stay

I called up to cancel my American Express card. And after going through all the questions and regular Spiel The customer service rap offered me 30,000 points if I decided to change my mind right then and there. Thought I’d share this with you all

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Comments

  • So did you stay ?

    • No

      I’ll wait the 18 months to be eligible for new offer

      • +13

        ANZ did the same thing to me, but 20k points. Took the 20k and cancelled the next month.

        • When was this? And how long did you have the card for?

  • What kind of Rap did they perform?

    • +6

      Money money money money
      Any way you like it
      Money money money money
      Any way you like it
      Fat cat
      Megalomaniac
      Watch his fingers snap
      Fat cat
      Megalomaniac
      Watch his fingers snap

      • +2

        Fingers Snap while I Rap
        Taking interest getting fat
        Credit card is where its at
        American express eat that

    • Amex are probably the best company I’ve had to deal with (financially)

      She said her few lines about any debt
      Left over etc etc

      Why I want to leave

  • Any prove ?

  • +1

    get the points and then goto cancel :)

    • True. I didn’t even think of that lol

  • +6

    Thought this was illegal?

    • How so?

    • Every time I have cancelled an AmEx card (even when not specifically saying the word 'cancel' or anything like that like others have suggested) they have told me that is against the law to offer any points to incentivise me to stay (have cancelled 3 cards so far with significant spending history on 2 of them - Altitude Black and Qantas Ultimate Cards).

      Seems to really depend on which call centre operator you end up talking to.

  • +2

    whaat, i did that the last time and was told it's illegal and they cant offer me anything to keep. Which amex card did you have?

    • +2

      Same thing happened to me. Wouldn't offer me anything to stay.

    • +2

      Only the essential one

      • +2

        even more jawdropping! 30k to stay on an essential?!?!!?! I was cancelling a $375 amex plat and they said goodbye without any hesitation :(

      • +1

        Mine was Altitude Black….and offered nothing

      • +2

        Did you ever pay interest on the balance or always paid in full?

        • Me? Always in full. Never paid any interest

        • Me? Always paid in full. We are ozbargainers!

  • +3

    yea they aren't supposed to do this anymore. friend tried to threaten to cancel and they just immediately cancelled the card without making any offer.
    lost some remaining benefits too lol

  • This happened to me about 6 months ago. Velocity platinum AMEX, said they'd give me 25k velocity points to think about it for 3 days. I took it and cancelled as soon as the points hit my account. Easy points.

  • All depends on how you ask now. If you say I want to cancel, they will.

    If you say, I have been a customer for 3 years, I was wondering if there are any bonuses if I stay another year. They will offer something

    • hmmm just tried this but did not work for me.

    • also didn't work for me

  • +1

    I actually like my AMEX Qantas Discovery card with no annual fee… I'm thinking it's not worth the risk of bluffing and then having to cancel it, and having to set up all my direct debits again.

  • What's the operator's name? I'd like to speak with him/her.

    • I think it was Maddie. I’m about 50% positive it was … loo

  • I did the same. The only difference is they offered me 600 points for over 10 years loyalty.

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