Newegg Card

[Anonymous]

Uggh...dont tell me this. It all sounds bad.

I just applied because I like Newegg and found a great deal on a Surface Pro.  I figured i could take advantage of a the 0% financing.  I got a $1200 limit....my lowest limit on a card.  Engouh for my purchase but it puts me at $73% UTI. So I called for a CLI and go totally shot down...not a penny above.  I cerntialy hope they dont do two hard pulls for new accounts.  I also was hoping since its Synchrony Bank they do soft pull CLI.  My Amazon card has grown very quickly.

[UncleB]

---

@Anonymous wrote:

Uggh...dont tell me this. It all sounds bad.

I just applied because I like Newegg and found a great deal on a Surface Pro.  I figured i could take advantage of a the 0% financing.  I got a $1200 limit....my lowest limit on a card.  Engouh for my purchase but it puts me at $73% UTI. So I called for a CLI and go totally shot down...not a penny above.  I cerntialy hope they dont do two hard pulls for new accounts.  I also was hoping since its Synchrony Bank they do soft pull CLI.  My Amazon card has grown very quickly.

---

From what I've read, Newegg seems to be one of the Synchrony 'outliers' that's not handled by Credit Solutions and all CLIs are a HP, similar to Care Credit.

Amazon, on the other hand, is one of the cards handled by Credit Solutions, and most CLIs are only a SP. 

I still have yet to figure out why Synchrony doesn't treat all of their accounts the same, especially the ones attached to a retail partner (i.e. Newegg).

[AverageJoesCredit]

Pep boys is the same, not part of Sync that gets credit solutions, fyi. The " outliers's" seem much harder to get clis. If all Sync cards were like these ,probably be less problems, everyone would be stuck with like Citi Dc sls lol

[CBetc]

I really wish they hadn't stepped away from their previous "account" service with BillMeLater/PayPal... 

Aside from whatever one wants out of credit reporting with it, I actually found the deals on that account to be much greater. Had it for about 10 years before they did their switch over. Working in IT, I was always doing random purchases here and there either for work or for myself, and the 6/12/18 months-no-interest was great. Combined with a $4K credit line and it not reporting on any of the agencies, it was an account I actually *used* a lot.

I already have too many cards as it is so didn't feel the need to sign up for another one. The few times I purchase goods, I'll just use one of my Rewards or CB cards nowadays and live without the interest-free financing. More often than not, though, I'll get parts through Amazon for the convenience, unless there's just a super amazing NewEgg deal.