topic Re: Synchrony Card Visa/MC Odds--Better In Store? in Credit Card Applications

Synchrony Card Visa/MC Odds--Better In Store?

Credit-hoarder — Sun, 03 Jul 2016 00:39:57 GMT

Hello All. I was thinking of adding maybe one more Synch. card in hopes of getting the Visa or MC version while waitng for my TU score to go (back) up. Considering TJ Maxx, Old Navy, or American Eagle (not interested in Stash or Marvel). My question is: If I apply for any of these in store, are the Visa/ MC odds any better as opposed to app-ing online? Any input appreciated.

Re: Synchrony Card Visa/MC Odds--Better In Store?

Anonymous — Sun, 03 Jul 2016 01:25:54 GMT

@Credit-hoarder wrote:
Hello All. I was thinking of adding maybe one more Synch. card in hopes of getting the Visa or MC version while waitng for my TU score to go (back) up. Considering TJ Maxx, Old Navy, or American Eagle (not interested in Stash or Marvel). My question is: If I apply for any of these in store, are the Visa/ MC odds any better as opposed to app-ing online? Any input appreciated.

I will restate what you are asking:

"If I apply for any of these in store, are the [various data points and records on my credit reports] any better as opposed to app-ing online?"

90% of the time, there are no outside factors that will improve your approval possibility simply by sending the app in via a store, as opposed to somewhere else. Applications are processed and/or reviewed with the data contained on whichever credit report(s) are pulled for that application. Your reports do not show different things when the store sends the application in for you, versus you sending it in yourself.

The main exception to this would be a borderline denial with a bank with which you have an existing positive relationship with, years of established responsible history, etc.since sometimes a banker has a few options for convincing an underwriting department to reverse a denial.

Re: Synchrony Card Visa/MC Odds--Better In Store?

CountryLivin — Sun, 03 Jul 2016 02:06:16 GMT

@Credit-hoarder wrote:
Hello All. I was thinking of adding maybe one more Synch. card in hopes of getting the Visa or MC version while waitng for my TU score to go (back) up. Considering TJ Maxx, Old Navy, or American Eagle (not interested in Stash or Marvel). My question is: If I apply for any of these in store, are the Visa/ MC odds any better as opposed to app-ing online? Any input appreciated.

Usually doesn't make any difference!

Re: Synchrony Card Visa/MC Odds--Better In Store?

pizza1 — Sun, 03 Jul 2016 03:19:10 GMT

Synch is all about TU score! and it depends on which card too. Stash and Ebates will be a little different I think than say, Toys R US mc.

FYI...I got all my majors with them with a 717 TU. I think 700+, your chances are good!...680-690...50/50 shot.

oh, and the only ones I applied for in store were Gap Visa, and Banana Rep Visa...all the others were online, and instant approvals.

Re: Synchrony Card Visa/MC Odds--Better In Store?

Meanmchine — Sun, 03 Jul 2016 04:15:54 GMT

The only bonus to apping in the store is if there is a verification issue, you might be able to deal with it immediately instead of waiting for the 7-10 day letter

Re: Synchrony Card Visa/MC Odds--Better In Store?

RonM21 — Sun, 03 Jul 2016 20:44:38 GMT

There really should not be much difference, as the same info must be accessed to see if you're approved.

Re: Synchrony Card Visa/MC Odds--Better In Store?

Anonymous — Sun, 03 Jul 2016 23:43:25 GMT

Like Pizza said. Also the reason I avoid walking into the Gap like the plague. I have no restraint from saying Yes! At the register.

I'm a big supporter of the Amazon Prime and Marvel cards, but since no to Marvel, Prime is great 5% back or 0% financing for online shopping IMO. My profile supported a yes at TU 670 w 1 paid collection. I know it's not an everywhere card, but hey, lazy shopping.

Re: Synchrony Card Visa/MC Odds--Better In Store?

Creditplz — Sun, 03 Jul 2016 23:53:03 GMT

I wouldn't think so, Synchrony is all about TU score... I got Ebates 25K, Stash 25K, Marvel 15K, Chevron 10K, and a few others with 733 TU, Also got the lowest APR on marvel 15.xx.

Re: Synchrony Card Visa/MC Odds--Better In Store?

Anonymous — Sun, 03 Jul 2016 23:56:17 GMT

@Creditplz wrote:
I wouldn't think so, Synchrony is all about TU score... I got Ebates 25K, Stash 25K, Marvel 15K, Chevron 10K, and a few others with 733 TU, Also got the lowest APR on marvel 15.xx.

They pulled my EX for Marvel - and gave me the highest 25.xx APR and a useless 1500 SL, with EX being around 760 at the time.

Re: Synchrony Card Visa/MC Odds--Better In Store?

Credit-hoarder — Mon, 04 Jul 2016 01:18:59 GMT

Yeah---right now my TU is only about 671--but that's the highest it's been in 2 years since I had a collection from Verizon (paid) hit my reports back in August 2014. I'm gonna hold of on Synch for a little while until TU gets closer to 690 or 700 where it used to be---and then app for the elusive EBATES!

Re: Synchrony Card Visa/MC Odds--Better In Store?

ddemari — Tue, 05 Jul 2016 01:39:12 GMT

OP with a 671 its borderline whether instore would help you out better. But I know from experience if you were 685+ and when into a gap and applied for the card, you would get the visa in store more than likey if you applied online (from my experience with synch).

I think a lot of us know that applying in store is a lot better with synch. granted it depends on our credit profile, a lot of us used to go by the 720+ rule for online synch apps to get the mc/visa.

Re: Synchrony Card Visa/MC Odds--Better In Store?

kdm31091 — Tue, 05 Jul 2016 13:55:55 GMT

I think it makes absolutely no difference as far as the decision. Underwriting is underwriting and your application goes through the same channel regardless of how or by whom it is submitted.

Like others note, the one advantage could be being able to nip verification problems in the bud. Other than that, don't think it matters. Even with major cards, some people feel going into a branch and talking to a banker makes a difference, but I'm not sure how much it truly does, unless the banker is really going to fight for you.

Re: Synchrony Card Visa/MC Odds--Better In Store?

Anonymous — Wed, 06 Jul 2016 00:54:26 GMT

I have burned more than a few inquiries to test this and my findings with Synch are that you DO have a better shot in store at a VISA or MC than you do online IF you are under 700 like ddemari mentioned. I have literally applied for a card online only to be approved for the store version... cancelled it, then turned around a few days later, gone to the mall, applied and after verification received the MC or Visa. I did this with AE, Walmart, TJ Maxx.

Re: Synchrony Card Visa/MC Odds--Better In Store?

Credit-hoarder — Wed, 06 Jul 2016 01:22:51 GMT

@Dave451985: Funny thing is I was JUST at Old Navy a few minutes ago. I went there with the intention of app-ing (and I needed a couple of shirts) but chickened out at the register. However I appreciate your burning the INQ's to make the experiment into this b/c now if I do decide to app for a Synch store card, I'll def. do it in store with the hopes of getting the Visa or M/C. BTW: were most of the pulls you incurred done on TU or EX?