topic Re: Old Navy Card recon and other questions l in Credit Card Approvals

Old Navy Card recon and other questions l

RaeC — Mon, 14 Mar 2016 15:48:06 GMT

I app'd for the ON card and was approved for a $400 limit thru Synchrony Bank. However, I can't tell if it is the Visa card or the store card. I was given a temporary card to use online and I downloaded the cardholder agreement and it just is referred to use the Gap Inc. Card.

One, it says full limit but could this be temporary?

Two, how can I tell if it is store card or Visa?

Three, is it possible to recon for a higher limit? We shop there so much!

Thanks in advance!

Re: Old Navy Card recon and other questions l

ddemari — Mon, 14 Mar 2016 15:58:33 GMT

can you set up an account online? 400 dollar limit sounds like a typical store card limit.

Re: Old Navy Card recon and other questions l

RaeC — Mon, 14 Mar 2016 16:03:25 GMT

I don't think I can until I have the actual card. Otherwise I already have an account. Can I recon this cl? It's low and I like to shop here which means only small purchases every month.

Re: Old Navy Card recon and other questions l

lindsaydruart — Mon, 14 Mar 2016 16:10:09 GMT

It's not the Visa. The minimum Visa limit SL is $1000. It's the store card. You might have a slightly higher limit. If the card number begins with a 6, it's the store card. If it begins with a 4, it's the Visa. Call Credit Solutions to find out the details.

Re: Old Navy Card recon and other questions l

RaeC — Mon, 14 Mar 2016 16:20:29 GMT

I'll do that once I'm off work. Hopefully I can get a slight increase so I can keep my utilization lower.

Re: Old Navy Card recon and other questions l

lindsaydruart — Mon, 14 Mar 2016 16:22:45 GMT

Even if you don't get the increase, you can make multiple payments. Synchrony actually likes that. What I did, when I got a low limit, I apped for the other brand cards too. Old Navy and Gap will give you the lowest SLs. Banana Republic is slightly higher and Athleta is the highest. I have them all to spread my spends across the cards so I'm never over a certain usage but that's just me. As soon as I can get one to a Visa, the other three are getting the ax.

Re: Old Navy Card recon and other questions l

RaeC — Mon, 14 Mar 2016 17:17:30 GMT

If I app'd for Gap today, would it count as 1 hp? Also, can I use the Gap store card at ON?

Re: Old Navy Card recon and other questions l

lindsaydruart — Mon, 14 Mar 2016 17:21:28 GMT

Unfortunately, you would get an HP for each but you can use all 4 at all 4 stores. The rewards program is the same across all cards too so they are interchangable. 5% on $100 is the reward. I use all 4 in Old Navy because that's all we have in this podunk town of mine but I order online from Gap too. If you want the higher limit but only want to app for 1 more, go for Athleta. Their clothes are expensive so the SL is higher.

Re: Old Navy Card recon and other questions l

RaeC — Mon, 14 Mar 2016 17:29:40 GMT

Is it guaranteed I'd get approved for Athleta if I did with ON?

Re: Old Navy Card recon and other questions l

MyLoFICO — Mon, 14 Mar 2016 17:47:52 GMT

I would call credit solutions first and see if you can get the limit increased. If they do, then you would probably be okay to app again. Don't do like I did though and get a bunch of their cards. I got approved for 7 Sync cards in 1 day. My ON has a 6k limit. My teenage daughter follows me around like a puppy when I take it out of the safe. All my Sync cards together have a CL of over 43k now and I have had them for a month. Good for padding the Util if you can get the CLI's. Call and ask for 15k on each one you get.

Re: Old Navy Card recon and other questions l

lindsaydruart — Mon, 14 Mar 2016 17:34:49 GMT

Nothing is guaranteed but you stand a good chance. My ON is at 200 and my Athleta is at 500.

Re: Old Navy Card recon and other questions l

jacetx — Mon, 14 Mar 2016 17:46:38 GMT

@lindsaydruart wrote:
Unfortunately, you would get an HP for each but you can use all 4 at all 4 stores. The rewards program is the same across all cards too so they are interchangable. 5% on $100 is the reward. I use all 4 in Old Navy because that's all we have in this podunk town of mine but I order online from Gap too. If you want the higher limit but only want to app for 1 more, go for Athleta. Their clothes are expensive so the SL is higher.

Absolutely not accurate. SL is decided by all factors at the time of the application (income, scores, inquiries, AAoA) not the price of the items at the store.

Re: Old Navy Card recon and other questions l

RaeC — Mon, 14 Mar 2016 17:50:05 GMT

15k? Eep. I'd be happy with 2k! I'll call this evening. I have an Amazon Synchrony card wits a 1k limit. Hopefully they'll take that into consideration.

Re: Old Navy Card recon and other questions l

jacetx — Mon, 14 Mar 2016 17:50:37 GMT

@RaeC wrote:
I don't think I can until I have the actual card. Otherwise I already have an account. Can I recon this cl? It's low and I like to shop here which means only small purchases every month.

OP what I recommend is that you wait until the card arrives and give Credit Solutions a call and explain that you need a higher limit. Keep in mind that there are no guarantees.

Credit Solutions 877-379-8173

Re: Old Navy Card recon and other questions l

MyLoFICO — Mon, 14 Mar 2016 17:55:57 GMT

@RaeC wrote:
15k? Eep. I'd be happy with 2k! I'll call this evening. I have an Amazon Synchrony card wits a 1k limit. Hopefully they'll take that into consideration.

Nah, you might get it but they get calls like that all the time and are used to it. You won't shock them at all and they won't ask you why you need it. I was scared to call at first too. Call on ON and Amazon but on two different calls. You might be pleasantly surprised. But, do not let the higher limits tempt you to get in over your head. With great credit comes great responsibility.

Re: Old Navy Card recon and other questions l

lindsaydruart — Mon, 14 Mar 2016 17:59:28 GMT

@jace8602 wrote:
@lindsaydruart wrote:
Unfortunately, you would get an HP for each but you can use all 4 at all 4 stores. The rewards program is the same across all cards too so they are interchangable. 5% on $100 is the reward. I use all 4 in Old Navy because that's all we have in this podunk town of mine but I order online from Gap too. If you want the higher limit but only want to app for 1 more, go for Athleta. Their clothes are expensive so the SL is higher.
Absolutely not accurate. SL is decided by all factors at the time of the application (income, scores, inquiries, AAoA) not the price of the items at the store.

Actually very accurate. The least SL you can get on the Athleta is 500 because of the price point of the store. If you can't qualify for that, you won't get the card. I work for Gap Inc and have for 10 years. I know what I'm talking about. The mimimum for ON and Gap is 200, Banana 300, Athleta 500. When you've worked for a company for a decade, feel free to tell me I'm wrong.

Re: Old Navy Card recon and other questions l

MyLoFICO — Mon, 14 Mar 2016 18:00:09 GMT

@lindsaydruart wrote:
@jace8602 wrote:
@lindsaydruart wrote:
Unfortunately, you would get an HP for each but you can use all 4 at all 4 stores. The rewards program is the same across all cards too so they are interchangable. 5% on $100 is the reward. I use all 4 in Old Navy because that's all we have in this podunk town of mine but I order online from Gap too. If you want the higher limit but only want to app for 1 more, go for Athleta. Their clothes are expensive so the SL is higher.
Absolutely not accurate. SL is decided by all factors at the time of the application (income, scores, inquiries, AAoA) not the price of the items at the store.
Actually very accurate. The least SL you can get on the Athleta is 500 because of the price point of the store. If you can't qualify for that, you won't get the card. I work for Gap Inc and have to 10 years. I know what I'm talking about. The mimimum for ON and Gap is 200, Banana 300, Athleta 500. When you've worked for a company for a decade, feel free to tell me I'm wrong.

You just confirmed a theory I had about Sync and why I get approved for some store cards and denied by others. I always wondered if the stores set the parameters of approval like minimum score, AAoA and things like that.

Re: Old Navy Card recon and other questions l

lindsaydruart — Mon, 14 Mar 2016 18:02:05 GMT

Each store has their own criteria. An in with Synchrony helps but you still have to meet that store's criteria. I can't get Amazon to save my life but Synchrony throws everything else at me....Belk, TJX, Gaps, Walmart....declined for Amazon. Minimum Amazon is 600 BTW.

Re: Old Navy Card recon and other questions l

MyLoFICO — Mon, 14 Mar 2016 18:06:02 GMT

@lindsaydruart wrote:
Each store has their own criteria. An in with Synchrony helps but you still have to meet that store's criteria. I can't get Amazon to save my life but Synchrony throws everything else at me....Belk, TJX, Gaps, Walmart....declined for Amazon. Minimum Amazon is 600 BTW.

I can’t get approved for any new Sync accounts. I think it’s because of inquiries, AAoA, and # of new accounts. Maybe that is what is keeping Amazon at bay for you?

Re: Old Navy Card recon and other questions l

lindsaydruart — Mon, 14 Mar 2016 18:10:32 GMT

That's what the letter says but I just got a TJX and a Belk last week. I have the business Amazon with a 5k limit now so I don't really need the personal one anymore. I've given up on it lol.