the Lowes and HHGregg cards are revolving cards that work at their respective stores.
@Anonymous wrote:Hello All,
I applied and was approved for three Synchrony cards. One card is from Hhgregg, another Lowes and another a furniture store. The limits are 4200, 4200 and 3000 respectively.
I'm wondering if these cards are actual lines of credit or are they just credit cards which will report balance and mess up my utilization. I need to buy furniture and appliances for a new home but I can only use about 1/4 of the card limit on each if they revolve.
Thanks,
Frogger
Lowe's I know is a "traditional" credit card, and I'm pretty certain HHGregg is as well.
AFAIK, all of the Synchrony cards (at least the ones usually discussed around here) are revolving credit cards. Some of the cards have varying finance 'deals' with reduced or no interest for various terms, but they will report to the credit bureaus as a revolving account.
If the credit limits in your message were assigned upon approval, I would say you're a 'shoe-in' for a CLI on all of them if you call Credit Solutions. You can ask for $25k for each (they will counter if necessary), that way you don't have to be concerned with your utilization.
Note that Credit Solutions is not the number on the back of the card. 