Good afternoon everyone, I hope your week is going well. Last week, the $99 annual fee posted to my legacy / grandfathered Chase Marriott Bonvoy Premier Plus Business Credit Card (no longer available for new members). The only reason I keep this credit card is for the 35K Marriott Free Night Certificate, which I value slightly more than $99. I decided to call Chase to see if I was eligible for a retention offer. I explained to the Chase rep that I wasn’t travelling much this year and asked if the annual fee could be waived. The Chase rep said I could get a $50 statement credit or product change to the no annual fee Chase Marriott Bonvoy Bold Credit Card. I gladly accepted the $50 statement credit and that credit posted to my account about a week later.
When I signed into my Marriott Bonvoy account, I can see that the 35K Marriott Free Night Certificate posted on April 13 (~17 days prior to the annual fee posting). I have 1 year to use the certificate, unless Marriott extends the certificates before I can redeem the certificate.
Long story short, if you have an annual fee that posted to your credit card, call the credit card company to see if they have a retention offer available. It only takes a few minutes and you might receive $50, or $100, or more in value from a single call. That is a great return on investment :) If you have any questions, please leave a comment below. Have a great day everyone!