Good afternoon everyone, there are a few questions regarding the new Southwest Airlines devaluation (Travel Summary post). The questions that come to mind are: why now?; what exactly is changing?; and how will this affect my traveling plans? I’m sorry, I don’t have answers to any of those questions, but I have a tip on how to make the devaluation less painful.
Before I go on, a friend of mine created this Facebook Page: Where’s the LUV? to protest the devaluation. Southwest Airlines gave us no explanation for why the devaluation is occurring or what is changing. If enough of us like this Facebook page, maybe Southwest Airlines will start answering some of our questions.
Last week, I wrote about retention offers / spending bonuses available for Citi: 1 Call to Citi to Inquire about 5 Credit Card Retention Offers. I live by this rule: if you don’t ask, you won’t get anything. It never hurts to ask. With that said, I would not go crazy with HUCA calling Chase several times. For more retention tips, please read this Doctor of Credit post.
Anyway, if you have any of the following Chase credit cards…
- Chase Southwest Airlines Plus
- Chase Southwest Airlines Premier
- Chase Southwest Airlines Plus Business
- Chase Southwest Airlines Premier Business
…you should be able to get a retention offer of 3,000 bonus Southwest Airlines Rapid Reward Points for keeping the credit card open. Last July, I got a 3,000 bonus point retention offer on my Chase Southwest Airlines Premier Credit Card, along with the usual 6,000 anniversary bonus points. The bonus points posted in 2 separate statements.
With that said, I called Chase a few days ago and asked if there were any retention offers available for my Chase Southwest Airlines Plus and Premier credit cards. After a few minutes on the phone, the Chase rep was able to offer me 3,000 bonus points to keep both of my credit cards open, even though my annual fees aren’t until June (Plus) and July (Premier). I was told that the bonus points would show up on my next 1-2 statements. I got 6,000 bonus Southwest Airlines points for a 10 minute phone call. Not bad!
If you have any questions, please leave a comment below. Have a great day everyone!