Call about annual fees to get bonuses

My annual fee hit for my United Visa card this weekend. I decided to call Chase to see if they can give me some sort of incentive to keep the card. Otherwise I was going to close the account to avoid paying the fee.

It took them all of 5 minutes to offer me a credit to my account for the fee or 10,000 miles. I took the miles since I value them well above $60. I essentially just bought those 10,000 miles for $60. Under normal buy mile prices $60 would have gotten me 2,000.

So my cost is $0.006 per mile which is an excellent deal any time!

Never hurts to ask!

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