Do American Express offer any retention deals?

Mishomeister

I am due to receive ny cashback in the next few weks from my AMEX Platinum Cashback card. As soon as I get it I plan cancel it straight away as I do not find paying £25 fee for 1.25% cashback card being a good deal. I already have 1% Mastercard so extra 0.25% is not worth £25 fee.

However I have house move coming really soon and really want to have 5% cashback offer asap.

My current plan is to apply for Platinum Cashback Everyday Credit Card so I could have 5% offer for 3 months.

However I am not sure if this is a good idea because I am thinking if Amex would offer me 5% for three months as a retention deal meaning I can keep my current card without having to apply for worse Everyday card

Of course I could wait until I get cashback and find out myself but I really need to start buying appliances for my new home asap and can not wait for 3 weeks to find out if Amex offer me any deal.

So I wanted to ask if any of the forumates had any retention deal from Amex?

King_Of_Fools

Which Mastercard have you got?

Deru

King_Of_Fools wrote: »

Which Mastercard have you got?

Ditto. My Cap One World Mastercard had the cashback removed so still on the look out for a replacement.

I'm in the same boat I guess with Amex 1.25% cashback with £25 pa Fee. My dad has the 1% cashback card no fee though. I wonder if I can just downgrade. Mine's due in March.

Sorry, no feedback on retention offers.