The Amex Platinum has a hefty $550 annual fee. We’ll walk through the different methods on how to waive the annual fee. [ Blog Post ] [ Retention offer data points ]
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0:00 MLA
1:12 Retention offers
2:58 Schwab Platinum
5:09 Morgan Stanley Platinum
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44 comments
Follow Ask Sebby on Instagram: https://www.instagram.com/asksebby/ Less than 100 away from 10,000!! ✨
THANKS DUDE ! This video saved me $250 of my B. Platinum
How can someone send themselves direct deposits?
Hi Sebby! You mention not downgrading during the first 12 months on a card. How bad is it, as regards applying for future cards with the same or other companies, if you downgrade after the 12 months? Can you say more about this blacklist idea? I'm planning on downgrading at card due to the high annual fee, to one in the same "family" (HH) that has no annual fee. They say they'll transfer the credit level over. We'll see. Thanks.
Easy, join the military
AmEx didn't offer any retention offers to me. They just offered to downgrade me to the Green card.
Who is part of the FREE club? (ME!) haha
Liking and commenting for the algorithm👍
I love how you get right to the topic in your videos 😃
They are free for all the military member . I’m using one for free now and just earned 60.000 points
What are your thoughts about the cash plus account? Amazing video as always!!!
Does chase sapphire reserve offer a retention? I’m debating on canceling since not traveling like I use to….and they added crap for an additional $100 to annual fee
I just got accepted for the gold card and im only 19 so pretty decent plus I go college and only have a part time job
Called in and got 20k of extra points for retention offer. Worth it for 5 minute phone call.
I am with CSP for 7 years and paying six years of AF now… average annual spending > $7.5k. I am an idiot..
I don't think they'll waive the annual fee on my Amex Cash Preferred card. I only use it for the 6% cash back categories and I pay it in full every month. I am what they would call a "deadbeat".
If you hate the player you will have a losing season.
I heard that Morgan Stanley one was when you put $5k direct deposit every month and maintaining 25k instead of or maintaining….
Hi. Question…. i went into amex in incognito mode for amex offers and found the amex platinum card for zero annual fee for the 1st year and then $175 thereafter along with $300 in statement credits after i spend $3,000 in the 1st 3 months…. however when card arrived the annual fee read $550 and i called in and they read a different offer which they claim is spend $2,000 in st 3 months and get $40,000 points …..
Very weird! Your feedback is greatly appreciated. Also how do you see you offers once approved? I'm very confused and feedback is greatly appreciated
I just called and got a $500 credit for my retention offer! Thanks man!!!
@asksebby I really wanted to apply for this card, but didn't think I could get it. So I applied for the Gold card instead, and was approved. Immediately I thought damn, I should've applied for the Platinum. Is it worth it to apply for the Platinum now, or wait until after meeting the minimum spend on the Gold?
Thank you so much, after watching this video a call American Express and I asked them I need retention offer ,they offer me 50,000 points. 👍👍👍👍👍👍
I have an MS Access account. Currently, it has less than $5k in it. I applied for cash plus plat online and it was automatically denied. Do I have to keep $5,000 in access, $5,000 deposits to cash plus plat, and $25,000 avg daily for this to work?
What's the voice over at 3:13?
Free for military, hmm I wonder if I can get that to work in the UK. I have a few emails to make 😉
What is an AM retention offer? I have an open/Active AM Acct on my credit report with a$40k line of cr(?) opened when I was 10. Is this retention(?) I’m assuming my mother opened it for me…..any advice(?)
It would be nice if Military Veterans could get 50% off of the annual fee. I wont hold my breath though.
The information you talk mostly about regular AMEX platinum card and it doesn’t work on Business platinum. Can you have or make a exclusive business platinum video please.
This did NOT work for me! Been a member since 2010 and never missed a payment. The AF just posted yesterday 😔😔😔
Just called Amex and got offered 50K points or $500 statement credit. thanks for the great content, literally putting money in my pocket!
If you are active duty you can get this car for free because the annual fee is waived, thate what I did. The CSR fee is waived too. I pay $0 fees for $1100 cards.
bump
Man Sebby thanks for the vid! Called in today and go 30k points off the get go and no minimum spend!!!
I have a question with regards to getting the MS Platinum fee waived, would depositing your own personal check into the account monthly adding up to $5k fulfill that requirement to get your fee waived?
So repeatedly deposit and withdraw 5K monthly works with the Morgan Stanley Platinum CashPlus account?
Say, in addition to the 25K balance, deposit 5K early in the mont and then withdraw the 5K later in the month.
Fuck what people like or don’t like ….
is it 5000 AND 25000 or 5000 OR 25000, can you deposit and withdrawal 5k to do that?
I had to like the video because of that troll sponsor
I am active Navy and I have all the top cards for the next 11 years. And for my YouTube business I have 4 business cards. Thanks to you, credit shifu and jake bro.
Why do people say it’s not fair but then say thank you for your service LOL
I just called. Not a chance, they left me at the lower annual fee of $550
When is the best time to make this call? Like right before the annual fee is due?
I would probably go for the Morgan Stanley method.
Will the engagement bonus be paid out every year or is it only a one time bonus?