I have stopped being lazy when it comes to calling in for retention offers. With the economy sputtering, maybe banks will be a little kinder when it comes to subsidizing annual fees with perks. That was not the case with Chase Hyatt Business.
Me: Calling to cancel my card.
Chase: Why?
Me: Annual fee.
Chase: OK, card is closed.
There was no hesitation. He didn’t even read a disclosure where I could interject. It was over before it began.
I have no regrets about canceling. The $199 annual fee is not worth the sticker price. There is no annual free night like its personal partner. The only benefit for most people is two $50 statement credits when staying at a Hyatt.
Sucks that there were no retention offers. I just spent $50k on this case in the last few weeks. Had a chase spend bonus of double pts for the first $15k spend. Also, wanted my 10% points back. (20,000 pts back ~ $150). + $50 & $50 credits. Basically breakeven on the card. But I’m also just 30 nights from Globalist without a single stay yet this year.
Yeah globalist is nice to have but I found it useless based on where I stayed last year with it.
Fair point. I kind of have to go out of my way to travel to places with nicer Hyatts
Yes, but which ones! I’ve done most of the aspirational ones.
I got the exact same response when I canceled my southwest business card yesterday. I was a little surprised they didn’t offer something but it just didn’t make sense for me.
Typical