topic Re: Comenity vs Synchrony Bank in Credit Card Applications

Comenity vs Synchrony Bank

Creditbuilder36 — Mon, 11 Jul 2016 01:03:01 GMT

It's seems that Comenity bank loves me and we'll Synchrony seems to take their time I recived my Jcpenny card in December way before my J Crew card and I've already gotten an increase on my J Crew ~~250 to 500 but my Jcpenny card (synchrony bank ) still is sitting at 500. I have several Comenity cards and they all seem generous to me ~~> Synchrony seems to be stricter

Re: Comenity vs Synchrony Bank

ddemari — Mon, 11 Jul 2016 01:28:30 GMT

Synchrony does things differently but better imho, granted synch wants 4 statements to cut before you can get an increase via their luv button, with JCP u can usually chat an increase immediately or call credit solutions and ask for a CLI, it's a soft pull and takes just minutes.'

Re: Comenity vs Synchrony Bank

Creditbuilder36 — Mon, 11 Jul 2016 01:31:34 GMT

I will try that with Jc penny also I have a Walmart Card and an American Eagle card the latter 2 accounts are newer but I've had my Penny's account since Dec so I will try what you suggested. And let you know what happens thanks

Re: Comenity vs Synchrony Bank

CountryLivin — Mon, 11 Jul 2016 01:52:55 GMT

I have cards from both companies, but I use my comenity cards more.......they have been much better to me in terms of credit increases.

Re: Comenity vs Synchrony Bank

Anonymous — Mon, 11 Jul 2016 11:06:40 GMT

Banks love no one. They will shut your accounts down quicker than you could ever say "Comenity bank loves me".

Re: Comenity vs Synchrony Bank

Creditbuilder36 — Mon, 11 Jul 2016 11:39:03 GMT

That's a figure of speech I know how banks are What I meant was Comenity seems to be giving increases more than Synchrony Trust me I'm well aware of how things run 🙂

Re: Comenity vs Synchrony Bank

MrsCHX — Tue, 12 Jul 2016 14:05:51 GMT

I think it's always, always, always "you will get what your profile can bear".

I have synch cards (Amazon, Walmart, TJ Maxx, Care Credit). I have had both Amazon and WM for 5 months - NO LUV. No luv via button, via chat, via Credit Solutions. I can't get anything with them so far. My TU score has increased almost 30 points since opening the cards (614 to 641). Nothing.

I have Comenity cards (JCrew, Pier1, Ann Taylor, Victoria's Secret). AT Is 3 months old the others are 5 months old - NO LUV. No luv via button or via Robot Lady. Again, my TU score has increased.

I have given up requesting CLIs on any of these for awhile. It's frustrating. So while I've seen success; down to 1 collection from 6, my student loans will be rehabbed in December, removing 12 lates on each of 3 loans, my utilization is down to maybe 20%...I still have 2 judgments. One will fall off summer 2017 and the other summer 2018. And I can only get so far with those on my reports.

Re: Comenity vs Synchrony Bank

Creditbuilder36 — Tue, 12 Jul 2016 14:20:06 GMT

I do believe you have a point there I'm also experiencing that with my Kohls account through Capitol one but Comenity seems to share the love with me for whatever reason I just make sure I'm careful and responsible because just as sure as they can issue it they also can take it ✔️ Synchrony seems to be giving me a tough time with the increases (Walmart Jcpenny and American Eagle ) I have had my Jcpenny card since December ~~> no luv

Re: Comenity vs Synchrony Bank

AverageJoesCredit — Tue, 12 Jul 2016 15:06:32 GMT

Hi @ MrsCHX, Dont give up hope just yet your score is rising and you are almost near the score i believe Walmart and such will give you better clis, i think once you get above 670 you will have much better chances. Heck i got those increases nd i still have my bk7 on my TU til next April so keep your head up. They will come soon enough! Cheers

Re: Comenity vs Synchrony Bank

MrsCHX — Tue, 12 Jul 2016 19:28:08 GMT

@AverageJoesCredit wrote:
@Anonymous @ MrsCHX, Dont give up hope just yet your score is rising and you are almost near the score i believe Walmart and such will give you better clis, i think once you get above 670 you will have much better chances. Heck i got those increases nd i still have my bk7 on my TU til next April so keep your head up. They will come soon enough! Cheers

Thanks When I get in the rut I remind myself "marathon, not sprint". I've had a 720+ score before and can do it again. Patience, patience, patience.

Re: Comenity vs Synchrony Bank

Anonymous — Tue, 12 Jul 2016 23:38:42 GMT

They both SUCK, plain and simple
I liked Sync before they started playing games last week...

Re: Comenity vs Synchrony Bank

Creditbuilder36 — Tue, 12 Jul 2016 23:58:22 GMT

What do you mean what games if you may be more specific

Re: Comenity vs Synchrony Bank

UncleB — Wed, 13 Jul 2016 00:35:42 GMT

It seems that with Synchrony it's all about the TU score; much more so than income, at least in my case.

Many people start to see real movement once their score passes +/- 670, and then usually passing +/- 700 gets a bit more as well.

Once you get to the mid-700s it seems there's very little holding you back (seriously).

Keep in mind, of course, there are other threads going right now on the 'perils' of "too much too soon" with Synchrony, but that's beyond the scope of this thread (and is easily found on it's own).

Note: the scores I listed above are just "guesstimations" based on my own experiences and the reported experiences of others... as with most things credit, YMMV.

Re: Comenity vs Synchrony Bank

Anonymous — Wed, 13 Jul 2016 00:38:11 GMT

Please read the thread in the Credit Card Forum. .. whats up with Synchrony.

That will explain it all!

@Creditbuilder36 wrote:
What do you mean what games if you may be more specific

Re: Comenity vs Synchrony Bank

Grafton88 — Wed, 13 Jul 2016 02:16:00 GMT

@Creditbuilder36 wrote:
It's seems that Comenity bank loves me and we'll Synchrony seems to take their time I recived my Jcpenny card in December way before my J Crew card and I've already gotten an increase on my J Crew ~~250 to 500 but my Jcpenny card (synchrony bank ) still is sitting at 500. I have several Comenity cards and they all seem generous to me ~~> Synchrony seems to be stricter

YMMV.

I got two Synchrony cards and one Comenity card in Dec 2015.

My Comenity card, Wayfair, started at $2000 and now is at $2200.

My Synchrony cards were Amazon Prime that started at $1000 and a Walmart card that started at $150. I got them both up to $6000 in May and just yesterday got my Amazon Prime card to $10000.

Certain Synchrony cards seem to give you a better limit.

Re: Comenity vs Synchrony Bank

Anonymous — Wed, 13 Jul 2016 15:21:24 GMT

Comenity: We take your cards away, then send you new ones the very same day.

Synchrony: We freeze all of your accounts and you find out when you go to pay for dinner at the grocery store while with 3 small children who are tired, hungry and need a nap.

Neither scenario is ideal.

Re: Comenity vs Synchrony Bank

Anonymous — Wed, 13 Jul 2016 15:53:37 GMT

@Anonymous wrote:
Banks love no one. They will shut your accounts down quicker than you could ever say "Comenity bank loves me".

bahahaha Bank dollars

Re: Comenity vs Synchrony Bank

Creditbuilder36 — Wed, 13 Jul 2016 16:28:12 GMT

That's sounds about right banks 💕 Dollars And that's true with Comenity also I've been thru that before with them ~~~<

Re: Comenity vs Synchrony Bank

Anonymous — Wed, 13 Jul 2016 19:20:15 GMT

@MrsCHX wrote:
I think it's always, always, always "you will get what your profile can bear".

I have synch cards (Amazon, Walmart, TJ Maxx, Care Credit). I have had both Amazon and WM for 5 months - NO LUV. No luv via button, via chat, via Credit Solutions. I can't get anything with them so far. My TU score has increased almost 30 points since opening the cards (614 to 641). Nothing.

I have Comenity cards (JCrew, Pier1, Ann Taylor, Victoria's Secret). AT Is 3 months old the others are 5 months old - NO LUV. No luv via button or via Robot Lady. Again, my TU score has increased.

I have given up requesting CLIs on any of these for awhile. It's frustrating. So while I've seen success; down to 1 collection from 6, my student loans will be rehabbed in December, removing 12 lates on each of 3 loans, my utilization is down to maybe 20%...I still have 2 judgments. One will fall off summer 2017 and the other summer 2018. And I can only get so far with those on my reports.

Congrats on the progress you have made so far with your credit! Even though your TU score has increased, you still have a long way to go. Don't focus on obtaining CLIs, especially with the current environment with Synchrony, now. IMHO, I think your focus should be on building a solid credit profile. As your scores increase, CLIs will come.

Focus on keeping your utilization in check and not carrying balances on high interest rate cards. If you are already doing these things, that's awesome. Stay focused! Stay positive!

Re: Comenity vs Synchrony Bank

Anonymous — Wed, 13 Jul 2016 19:22:24 GMT

@MrsCHX wrote:
@AverageJoesCredit wrote:
@Anonymous @ MrsCHX, Dont give up hope just yet your score is rising and you are almost near the score i believe Walmart and such will give you better clis, i think once you get above 670 you will have much better chances. Heck i got those increases nd i still have my bk7 on my TU til next April so keep your head up. They will come soon enough! Cheers
Thanks When I get in the rut I remind myself "marathon, not sprint". I've had a 720+ score before and can do it again. Patience, patience, patience.

Exactly! Patience is uber important. Best of luck!