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Both the Chase Marriott Bonvoy Boundless credit card and the (no longer available) Marriott Bonvoy Premier Plus Business Credit Card carry a $99 annual fee.
While I’ve not historically found Chase to be super easy going with retention offers, they have not only rolled back the $550 annual fee on the Chase Sapphire Reserve to $450 for existing cardmembers (technically, it’s still $550 but they credit you back $100) through at least February 2021 for card renewals, but they were also offering some cardmembers a $100 or even $200 additional credit to not cancel or downgrade the card.
I tried my luck a couple of times for the $100 – $200 Reserve credit and was denied. But now I had annual fees post on both my Chase Marriott Bonvoy Boundless credit card and Marriott Bonvoy Premier Plus Business Card, so I figured I’d call again.
The front line agent wasn’t very helpful, and tried referring to a list of Marriott COVID adjustments. I asked to speak to a retentions specialist as I “might” cancel or downgrade the Boundless if there was no way to credit even part of the fee. That got me a very friendly retentions agent who checked over my account.
On both Marriott Bonvoy cards, she was able to credit me $50 out of the $99 – $100 total for a 10 minute phone call. I tried my luck on my Chase Ink Business Preferred’s $95 annual fee, but no luck.
I then tried my luck on my Alaska Airlines business card. Last year, I was offered 5,000 Alaska miles in lieu of crediting my $75 annual fee. This year, within minutes I was offered a credit of the full $75. Very quick and easy call.
Long story short: $175 for about 20 minutes of phone calls. I’ll take it.
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You can find credit cards that best match your spending habits and bonus categories at Your Best Credit Cards.
New to all of this? My “introduction to miles and points” book, MilesTalk: Live Your Wildest Travel Dreams Using Miles and Points is available on Amazon and at major booksellers.