Good morning everyone. A few days ago, the $95 annual fee posted to my Citi Strata Premier Credit Card. I never use this credit card for purchases (I have other Citi and non Citi credit cards that have better bonus categories and bonus multiples), but I keep this credit card for the ability to transfer my Citi ThankYou Points (TYPs) out to transfer partners. As part of my routine, whenever a credit card annual fee posts to any of my accounts, I call the credit card company and ask for a retention offer (read my recent post Midyear Review: My Credit Card Retention Offer Thought Process & Results).
Since I haven’t put any purchases on this credit card in several months, I was doubtful that I would receive any retention offers, but I wouldn’t know for sure until I called. During the call, I told the rep that I was considering closing the account due to the $95 annual fee. The rep transferred me to the retention offer department. Surprisingly, the retention offer rep had 2 decent offers available:
1: Receive a $95 statement credit + 1,000 TYPs after spending $1,000 on the credit card each month for 3 consecutive months
2: Receive 10,000 TYPs after spending $3,000 on the credit card in the next 6 months
