$100 credit to Chase card holders

[dylpickle85]

With the recent news, I called Chase to see what would be involved if I wanted to cancel my card. They immediately offered me a $100 credit to retain me, that will post in 1-2 months. I accepted. They also advised that there are no strings attached, and I can cancel the account the day after the credit posts. Further, the annual member fee will be pro-rated back to the day of cancelation.

Just wanted to share in case others were considering doing this.

[gsking]

Thanks.  Just considered this myself, especially since I’m close to getting my CP already.

 I’d even accept $100 in points.  But would prefer more.

[Andysouthwest]

Cancelled my card with no offers 😡

[ZevSupport]

Bummer!

[wkkunkle]

The changes don't go into effect until next year.  I'd just be patient and see what information comes out in September at the investor's meeting or by year end.  I could be 100% wrong (wouldn't be the first time - haha), however, I'm sure they are aware of the "perks" they offer on the credit card (such as upgraded boarding) and have already considered what that could be replaced with under the new operating structure.

Note: Chase will flag your account as an account that received a credit and be less apt to assist in the future if you have an actual problem, because they can see you already received the credit (they won't care the "why").  So I'd use it sparingly.