Sync Bank Selling accounts

[chalupaman]

I mean I've always done it on the website and never really had a problem. Hmmmmm.

I ought to try paying directly from my bank account with their bill pay service next time to see how effective that might be.

[PandiferBear]

This is scary.  I really hope Amazon stays with Synch.  The only Synch cards I have are them and Wally.  Surely Amazon pulls in enough money for them?  Please no hard pulls!!! I am in the garden dagnabit!!!!!

[Boonie]

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@taxi818 wrote:

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@MJ-san wrote:

SYNBC is selling their Meijer (midwest hyper-market) store card and co-brand portflio to Comenity (just announced last week). Already announced over the summer was Dillards going to Wells Fargo. PayPal Connect and Ebay MasterCard are also not expected to continue with SYNCB as PayPal Credit has been beefind up the relationship w/Comenity. 

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I have a paypal smart connect. and if it goes to anyone else. i will be canceling asap. as i hate this card anyway. they link a business debi card to this. so when i wanted to transfer all my balances i could not do it with this card. so i say. good riddance.

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According to their recent quarterly report, Synchrony has extended their program agreement with PayPal until October 2016 and do not expect it to extend beyond that date.  They also extended American Eagle, Gap, Lowes, QVC and Sams Club.  It also mentions that Five retail customers are not being renewed (un-named accounts).

[CreditJim]

Interesting, thanks for sharing. Glad to hear Walmart and Lowe's are staying with Sync. Lowe's is a very useful large account for me to have available for the long 0% offers. If Amazon is sold I think I'll be dropping them like a hot potato.

[corymcd88]

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@PandiferBear wrote:

This is scary.  I really hope Amazon stays with Synch.  The only Synch cards I have are them and Wally.  Surely Amazon pulls in enough money for them?  Please no hard pulls!!! I am in the garden dagnabit!!!!!

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I hope it get sold to Chase so that I can ask for the visa card.

[CreditJim]

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@corymcd88 wrote:

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@PandiferBear wrote:

This is scary.  I really hope Amazon stays with Synch.  The only Synch cards I have are them and Wally.  Surely Amazon pulls in enough money for them?  Please no hard pulls!!! I am in the garden dagnabit!!!!!

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I hope it get sold to Chase so that I can ask for the visa card.

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This would also work for me - so that I could close it still and move the CL to another Chase card!

[cbracer1980]

I hope Care Credit doesn't get sold at least until I get some CLI's from them.

[PandiferBear]

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@CreditJim wrote:

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@corymcd88 wrote:

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@PandiferBear wrote:

This is scary.  I really hope Amazon stays with Synch.  The only Synch cards I have are them and Wally.  Surely Amazon pulls in enough money for them?  Please no hard pulls!!! I am in the garden dagnabit!!!!!

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I hope it get sold to Chase so that I can ask for the visa card.

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This would also work for me - so that I could close it still and move the CL to another Chase card!

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Okay.  I can agree with both of you.  If this gets me a Chase card that would be okay.  I just REALLLLLLY hope it is not someone else. Right now I am holding off on Chase for next year.  I really don't know that Chase would buy Synch's cast-offs though.  I HOPE but I do not THINK.

[chalupaman]

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@corymcd88 wrote:

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@PandiferBear wrote:

This is scary.  I really hope Amazon stays with Synch.  The only Synch cards I have are them and Wally.  Surely Amazon pulls in enough money for them?  Please no hard pulls!!! I am in the garden dagnabit!!!!!

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I hope it get sold to Chase so that I can ask for the visa card.

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Oh God. Yes! that would be the best thing ever. Even better is if they would let me convert it into a Freedom card. I'd end up with a second Chase card without a HP.

[Slim1Der]

I wonder if they'll be selling my Jerome's furniture account. I just got a nice CLI with it!