topic Re: are comenity and synchrony the same? in Credit Cards

are comenity and synchrony the same?

Anonymous — Wed, 29 Jun 2016 01:45:38 GMT

Curious if they are the same or part of the same company

Re: are comenity and synchrony the same?

Scupra — Wed, 29 Jun 2016 01:46:45 GMT

Not at all

Re: are comenity and synchrony the same?

securingourfuture — Wed, 29 Jun 2016 01:52:03 GMT

Heck no lol

Re: are comenity and synchrony the same?

baller4life — Wed, 29 Jun 2016 01:53:08 GMT

Oh hellllllll naw!!!!

Re: are comenity and synchrony the same?

Anonymous — Wed, 29 Jun 2016 03:48:19 GMT

@Anonymous wrote:
Curious if they are the same or part of the same company

Using google or wiki etc would answer the question for you. Comenity is part of Alliance Data Systems Corporation, Synchrony was GE Capital before it had its IPO.

But that's just the public story. Whether they are all REALLY part of the same shadowy global financial conspiracy run by [your favorite destroyers of civitization group here], well, it's not safe for me to say.

Re: are comenity and synchrony the same?

Benzman — Wed, 29 Jun 2016 04:06:03 GMT

Talk about apples and oranges.

Re: are comenity and synchrony the same?

Anonymous — Wed, 29 Jun 2016 04:26:47 GMT

They're both owned by the Illuminati.

Re: are comenity and synchrony the same?

My2cents — Wed, 29 Jun 2016 04:27:42 GMT

Then which is better. Explain why. Please give me your two cents

Re: are comenity and synchrony the same?

baller4life — Wed, 29 Jun 2016 05:01:08 GMT

@My2cents wrote:
Then which is better. Explain why. Please give me your two cents

IMO Synchrony is better. Comenity has the infamous SCT which consists of a lot of low limit store cards and Total Rewards and Sportsman Visa. They have been under a lot of scrutiny this past year for approving cards for members only to shut them all down for too many inquiries. Synchrony on the other hand has a better selection of cards IMO with the ability to grow substantially with sp clis.

Re: are comenity and synchrony the same?

ddemari — Wed, 29 Jun 2016 06:04:29 GMT

I'm a bigger fan of synch bank. i had a good romance with comenity/comenity capital but at the end of the day, synch has been more consistent. and when talking about synch bank consistency is not the first thing I usually think of lol.

Re: are comenity and synchrony the same?

RonM21 — Wed, 29 Jun 2016 20:04:43 GMT

Not the same, and I don't have any Comenity cards. Because of that, up until recently, I couldn't tell you which was better. But lately Comenity seems to be doing some strange things from what I've read on here, making me glad I don't have to worry about that.

Re: are comenity and synchrony the same?

jwduke — Wed, 29 Jun 2016 21:46:24 GMT

Neither are okay to me... Both have 3rd world sub prime rates!

Re: are comenity and synchrony the same?

Anonymous — Wed, 29 Jun 2016 21:55:48 GMT

Synch has slightly higher standards in approving cards.

Sometimes it seems like Comenity will hand out cards like candy through the SCT for people with any kind of credit with a soft pull, but they've also shut down accounts out of the blue.

Since we're generally speaking talking about store cards, the value is more in whether you normally shop at the store the card is for or not. It's silly to get store cards for places you wouldn't normally shop at. I do carry a Comenity card (well, it lives in my sock drawer) but I do buy stuff from there every now and then. Yeah, I could use one of my major cards at that store but carrying the card gives me a crapload of coupons and one time $100 worth of merchandise cost me less than $4 so I'll use their card for that alone.

Never, ever, ever carry a balance on one of those cards though. Mine has a 26% interest rate. No thanks.