topic Re: Update: SYNCHRONY IS CRAZY!!! in Credit Card Approvals

Update: SYNCHRONY IS CRAZY!!!

MrCreditInternational — Tue, 02 Jul 2019 04:36:18 GMT

So I started with 500$ limit on my Amazon store card in November 2018 and got a CLI to 1000$ last month.
I read somewhere online that after 6 or so months of getting a Synchrony card you should call them at (877) 379 - 8173 and ask for a CLI to 25k (worst case they'll counter with an offer).

I just called and asked for 10k and they said we're sorry and gave me 5k instead (5xCL)!!!!!!
I'm really happy especially that I actually use this card a lot.

I'll try later this month with my GAP and AEO cards (waiting for my Schwab card to report!)

Update:
I went ahead and applied for a CLI on both my GAP and AEO cards. Asked for an increase from 1900 to 5000 and was approved instantly on both(2.5xCL)!!!!!
The total CLI across the 3 cards is 10,200$!!!!
Synchrony is going to spoil me

Re: AMAZON STORE CARD 1k --> 5k CLI!!!

Remedios — Tue, 02 Jul 2019 03:07:35 GMT

Congrats on your increase

Re: Update: SYNCHRONY IS CRAZY!!!

Anonymous — Tue, 02 Jul 2019 03:21:34 GMT

Congrats on the Cli's!

Re: Update: SYNCHRONY IS CRAZY!!!

KLEXH25 — Tue, 02 Jul 2019 03:22:18 GMT

Wow nice!!! Which card was this, Amazon?

Re: Update: SYNCHRONY IS CRAZY!!!

MrCreditInternational — Tue, 02 Jul 2019 03:24:53 GMT

Thanks everyone!

@KLEXH25: I called for the Amazon store card first then did the other two cards online using their portals

Re: Update: SYNCHRONY IS CRAZY!!!

Anonymous — Tue, 02 Jul 2019 05:59:29 GMT

Congras on some very nice increases there! Enjoy!

Re: Update: SYNCHRONY IS CRAZY!!!

Anonymous — Tue, 02 Jul 2019 13:22:16 GMT

Congrats on your increases!!

Re: Update: SYNCHRONY IS CRAZY!!!

BallBounces — Tue, 02 Jul 2019 17:09:52 GMT

I agree, Synchrony is crazy. My 350/5000 service line has been chased to 0/150.

(To be fair, not entirely undeserved but the swings in both directions were similarly irrational.)

Re: Update: SYNCHRONY IS CRAZY!!!

MrCreditInternational — Tue, 02 Jul 2019 19:01:22 GMT

That really sucks. I heard that they're score driven, meaning you can get CLI if your scores jumped or get chased if your scores went down.

If you don't mind me asking, what happened?

Re: Update: SYNCHRONY IS CRAZY!!!

calyx — Tue, 02 Jul 2019 19:47:45 GMT

Congrats on the increases - they're pretty nice!

Re: Update: SYNCHRONY IS CRAZY!!!

BallBounces — Tue, 02 Jul 2019 19:49:12 GMT

My scores went quickly from 700s to the low 500s when several deliquencies hit my CRs. Sync was not at all part of the delinquencies, but they cut the limit (understandable) and then chased it almost monthly (irritating) once it reached my balance (painful), while I paid it off to 0 while still charging and paying each month (profitable).

Scores (in my sig) are back on the rebound and should be 700s again some time early next year and all above 670 in the next month or two.

As you said, on the tranche for this card, they seemd to be entirely score sensitive but willing to swing to the margins, with no view on specific card profitbaility. Huge CLI followed by Huge CLD with no change to card usage or payment behavior. Hopefully they revert to that CLI sooner than later. It was a nice UTL safety net.

In fact, the irony in these things, not unique to this scenario, but I would probably gain 20 points across the board if they raised the CLI back to 5000 today and no other changes were made. (to clarify, I am not suggesting they should)