What Does This Mean?
[ SLANG ][ CREDIT CARD CHURNING ][ POINTS COMMUNITY ]
A bonus points or statement-credit offer a credit card issuer gives an existing cardholder who calls in threatening to cancel, meant to retain the account instead of losing it.
REAL-WORLD EXAMPLE
"Called to cancel and they threw a retention offer at me before I even finished the sentence."
LORE & ORIGIN
Standard credit-card-points community terminology for a well-known negotiating tactic, discussed as a routine annual step many cardholders take before their renewal fee posts.
FIRST SEEN
2018
PEAK ERA (EDITORIAL)
Not established
CURRENT STATUS
Mainstream Slang
Related To:Amex Pop-Up Jail
EQUIVALENT CONCEPTS IN OTHER LANGUAGES
AURA IMPACT ⓘ
+5 AURA
TREND STATUS
→ STEADY
EDITORIAL ESTIMATE
CULTURE CATEGORY
[ SLANG ][ CREDIT CARD CHURNING ][ POINTS COMMUNITY ]
RELATED TERMS
MENTIONS OVER TIME
DOCUMENTED SINCE
2018
NOW
Radar observation data not yet available for this term.
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