topic Re: Newegg Card in Credit Cards

Newegg Card

Anonymous — Thu, 23 Jun 2016 11:20:36 GMT

What's up with this card? Anyone have any luck getting increases? Mine has been stuck at $800 since last year and they won't budge it. This appears common from the few threads around here I've seen. Meanwhile my other Synchrony cards are floating up like a bunch of air balloons. What's the deal? I'd kick it to the curb, but given the 0% APR financing, I'd like this one to grow high for down the road.

TU score 721 and never carried a balance.

Re: Newegg Card

Anonymous — Thu, 23 Jun 2016 11:50:12 GMT

Same boat. 800 no increases not that I've tried in the last 8 months. Just going to let it close due to inactivity.

Re: Newegg Card

RonM21 — Thu, 23 Jun 2016 22:31:58 GMT

Don't know much about this card, but if you think it is not growing with you, then I say do what you have to do, if it fits your personal situation.

Re: Newegg Card

BRIVERS73 — Thu, 23 Jun 2016 23:46:28 GMT

Mine started out at $1,200 about 8 months ago & I recently asked for a cli of 5k through their automated service and was granted one the next day. It did take a hard pull though & if I've known that I would've asked for more. They pulled Experian and my score was 768

Re: Newegg Card

Anonymous — Thu, 23 Jun 2016 23:48:14 GMT

@BRIVERS73 wrote:
Mine started out at $1,200 about 8 months ago & I recently asked for a cli of 5k through their automated service and was granted one the next day. It did take a hard pull though & if I've known that I would've asked for more. They pulled Experian and my score was 768

Good to know, have you used it much? I will try again when my scores cross 750 this fall. Maybe they just hold a bit of a tigher leash on this card.

Re: Newegg Card

BRIVERS73 — Thu, 23 Jun 2016 23:50:40 GMT

I haven't used it at all actually but will run it through come Christmas

Re: Newegg Card

Anonymous — Thu, 23 Jun 2016 23:52:21 GMT

Cool, thanks

Re: Newegg Card

BRIVERS73 — Thu, 23 Jun 2016 23:53:11 GMT

No problem

Re: Newegg Card

Anonymous — Fri, 24 Jun 2016 20:13:57 GMT

Sry but what is the egg card? Curious

Re: Newegg Card

CreditCuriosity — Fri, 24 Jun 2016 20:22:01 GMT

@Anonymous wrote:
Sry but what is the egg card? Curious

newegg.com computer stuff basically

Re: Newegg Card

Anonymous — Sat, 27 Aug 2016 15:53:19 GMT

Uggh...dont tell me this. It all sounds bad.

I just applied because I like Newegg and found a great deal on a Surface Pro. I figured i could take advantage of a the 0% financing. I got a $1200 limit....my lowest limit on a card. Engouh for my purchase but it puts me at $73% UTI. So I called for a CLI and go totally shot down...not a penny above. I cerntialy hope they dont do two hard pulls for new accounts. I also was hoping since its Synchrony Bank they do soft pull CLI. My Amazon card has grown very quickly.

Re: Newegg Card

UncleB — Sat, 27 Aug 2016 16:06:10 GMT

@Anonymous wrote:
Uggh...dont tell me this. It all sounds bad.

I just applied because I like Newegg and found a great deal on a Surface Pro. I figured i could take advantage of a the 0% financing. I got a $1200 limit....my lowest limit on a card. Engouh for my purchase but it puts me at $73% UTI. So I called for a CLI and go totally shot down...not a penny above. I cerntialy hope they dont do two hard pulls for new accounts. I also was hoping since its Synchrony Bank they do soft pull CLI. My Amazon card has grown very quickly.

From what I've read, Newegg seems to be one of the Synchrony 'outliers' that's not handled by Credit Solutions and all CLIs are a HP, similar to Care Credit.

Amazon, on the other hand, is one of the cards handled by Credit Solutions, and most CLIs are only a SP.

I still have yet to figure out why Synchrony doesn't treat all of their accounts the same, especially the ones attached to a retail partner (i.e. Newegg).

Re: Newegg Card

AverageJoesCredit — Sat, 27 Aug 2016 16:22:55 GMT

Pep boys is the same, not part of Sync that gets credit solutions, fyi. The " outliers's" seem much harder to get clis. If all Sync cards were like these ,probably be less problems, everyone would be stuck with like Citi Dc sls lol

Re: Newegg Card

CBetc — Mon, 29 Aug 2016 19:21:11 GMT

I really wish they hadn't stepped away from their previous "account" service with BillMeLater/PayPal...

Aside from whatever one wants out of credit reporting with it, I actually found the deals on that account to be much greater. Had it for about 10 years before they did their switch over. Working in IT, I was always doing random purchases here and there either for work or for myself, and the 6/12/18 months-no-interest was great. Combined with a $4K credit line and it not reporting on any of the agencies, it was an account I actually *used* a lot.

I already have too many cards as it is so didn't feel the need to sign up for another one. The few times I purchase goods, I'll just use one of my Rewards or CB cards nowadays and live without the interest-free financing. More often than not, though, I'll get parts through Amazon for the convenience, unless there's just a super amazing NewEgg deal.