topic Re: How Many Synchrony Cards Is Too Many? in Credit Cards

How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:26:54 GMT

So I need some emergency dental work done tomorrow. I recently obtained 3 Synchrony cards- Wal-Mart in August, Amazon in November and Belk in December. I'm thinking about apping for Carecredit but I don't want to set off red flags for fraud, etc. How many is too many synch cards in a short period of time? And will this set off an alarm? Thank you in advance!

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:28:40 GMT

@Anonymous wrote:
So I need some emergency dental work done tomorrow. I recently obtained 3 Synchrony cards- Wal-Mart in August, Amazon in November and Belk in December. I'm thinking about apping for Carecredit but I don't want to set off red flags for fraud, etc. How many is too many synch cards in a short period of time? And will this set off an alarm? Thank you in advance!

I wouldn't worry about it one bit. Go for it!

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:30:43 GMT

Are you sure, Nixon? Because I'm a little nervous but this could come in handy. Also, if I apply tonight under that specific dentist will my information go straight to their system or do I do that when I get there?

Re: How Many Synchrony Cards Is Too Many?

CreditMagic7 — Wed, 07 Jan 2015 22:31:44 GMT

Oct. Sams 5-3-1 MC

Nov.PayPal MC

Dec. Ebates Visa..............on top of 4 others already obtained in a year. Don't worry you'll be fine with Care Credit and all the best with the procedure.

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:32:06 GMT

@Anonymous wrote:
Are you sure, Nixon? Because I'm a little nervous but this could come in handy. Also, if I apply tonight under that specific dentist will my information go straight to their system or do I do that when I get there?

I've heard talk that if you're at the office it's an easier approval, but I am not sure i'd put too much faith in that. Do you have someone who'd be willing to go in Joint with you? Better chance of high CL.

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:33:34 GMT

Okay! Thank you @CreditMagic7. I don't even know if I'll get approved or if it's even worth a HP for. I have way too many new accounts so it may be a denial.

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:35:05 GMT

I don't have anyone that can joint app. My family is anti-credit. No joke. I'm rolling solo on my credit journey. Well solo and the Myfico community of course!

Re: How Many Synchrony Cards Is Too Many?

pizza1 — Wed, 07 Jan 2015 22:35:49 GMT

Let me just set the record straight right her and now, you can never have too many synch cards, lol!!! I have 6, obtained 5 of those all within a 3 month span, and care credit was my last one in October.

You should apply, ask high! I asked for $5k and got instantly approved, called 2 days to the automated # they give you with your preapproval, asked for $10k and they countered back with $7k.

So, ask higher, they will counter offer. I love all my synch cards and they have a special purpose in my life lol!!

Re: How Many Synchrony Cards Is Too Many?

CreditMagic7 — Wed, 07 Jan 2015 22:37:20 GMT

@Anonymous wrote:
@Anonymous! Thank you @CreditMagic7. I don't even know if I'll get approved or if it's even worth a HP for. I have way too many new accounts so it may be a denial.

It's yet another Synchrony card for me that i know i'm going to have to have sooner or later. I have a ton of new accounts and i just listed the 3 in-a-roll in 3 months they had no issue approving.

Best of Luck for a good approval.

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:37:36 GMT

I was just instantly approved for Care Credit the other day for $14,000.

I have over 30 INQ and 17 new accounts within the past 6 months (3 from GE). You should be golden.

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:38:09 GMT

You give me hope pizza... thank you! Do you mind if I ask your stats at the time of your Care Credit approval?

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:39:51 GMT

Wow @codypendant! You also give me hope. I have 10 INQ'S on TU but only 3 recent. I have 100% on time payments but low AAoA.

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:40:23 GMT

Shoot high with your request; They will counter.

Re: How Many Synchrony Cards Is Too Many?

CreditMagic7 — Wed, 07 Jan 2015 22:41:45 GMT

@Anonymous wrote:
Shoot high with your request; They will counter.

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:42:00 GMT

Okay! Do you know if I app tonight if I will be able to use it tomorrow or will I have to wait? Also, what if I ask high on the app but that's a no go... will they counter what they'll approve me for?

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:42:40 GMT

My AAoA is the minimum (I think it is 1 year for FICO calculations). CK has me at 3 months AAoA.

Re: How Many Synchrony Cards Is Too Many?

pizza1 — Wed, 07 Jan 2015 22:44:04 GMT

Shoot... My stats...lets see at the time, BK7 from 2013, 19 derogs that were IIB showing, TU 650, 5 other synch accts in good standing, inquires I think 23?? Maybe more.. Lol..

Re: How Many Synchrony Cards Is Too Many?

Anonymous — Wed, 07 Jan 2015 22:45:26 GMT

I originally only asked for 8k. Instantly approved. 48 hours after approval, I called the automated system and asked for a 20k CLI. The system said the max CLI I was eligible for was 6k. So now I have 14k. If you shoot really high like I did, then the system will give you the max you are able to receive from them.

Re: How Many Synchrony Cards Is Too Many?

chalupaman — Wed, 07 Jan 2015 22:45:36 GMT

I've never had any issue getting approved for more Sync Bank cards. My most recent one has been Care Credit and that was two months after getting my $5k Ebates Visa and those $2k CLIs on my other two.

Re: How Many Synchrony Cards Is Too Many?

pizza1 — Wed, 07 Jan 2015 22:47:18 GMT

They should counter... And you should be able to use tomorrow. In the app there's a section I believe that it ask "do you already have a place in mind to use?", you could put it down on the app so the know you're serious. Just make sure the place you're going to accepts care credit first! You can find out on the care credit site good luck!!