Ketchikan Alaska

It’s standard practice with credit card churning to close the card when the annual fee is due. Some card issuers like American Express are notorious for extending retention offers as a means of incentivizing you to keep your card open. I’ve never had success getting a retention offer from Bank of America so I was surprised by the outcome of my call last week.

I opened the Alaska Airlines Business Card in January to get the sign-up bonus. Even though it’s been less than a year, I decided to close out the card so that I can open it again in the near future. I only spent the $1,000 required for the sign-up bonus so I cited not using the card as my reason for closure.

I was pleasantly surprised when the customer service representative offered me 5,000 Alaska Airlines miles just to keep the card open…no additional spending required. I happily said yes but still plan close before the annual fee posts again.

Has anyone else received a retention offer from Bank of America?

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.