topic Re: Synchrony increasing limits to those affected by Irma and Harvey in Credit Cards

Synchrony increasing limits to those affected by Irma and Harvey

Anonymous — Wed, 13 Sep 2017 20:41:03 GMT

Did anyone else get this email? I got it and got my amazon store card increased to $10K, Lowes increased to $7k and Marvel increased to $8k. Thanks to them for the increases. I asked them if it was temp or permanent and each rep stated permanent. Good luck guys. I'm in Tampa and we were hit pretty good. Just got power back this am.

Re: Synchrony increasing limits to those affected by Irma and Harvey

CreditMagic7 — Wed, 13 Sep 2017 20:48:13 GMT

In a situation as that, every little bit helps and every single encouragement found can mean a great deal.

Appreciate you sharing this and hope things begin to improve for the better.

Re: Synchrony increasing limits to those affected by Irma and Harvey

Anonymous — Wed, 13 Sep 2017 20:52:40 GMT

Thank you CM, we got hit pretty good. Some damage but not a total loss. We are lucky. This was devastating.

Re: Synchrony increasing limits to those affected by Irma and Harvey

CreditCuriosity — Wed, 13 Sep 2017 20:57:07 GMT

I work for an insurance company(medical malpractice) and for area that were impacted by Harvey and Irma we are waiving finance charges, late fees along with cannot pay premium and not cancelling policies for a x period of time (still to be determined). I assume many companies are doing such things. What would be nice if Sync either waived or lowered the interest rate for say 12 months to help them out vs. just credit line increases.

Re: Synchrony increasing limits to those affected by Irma and Harvey

CreditMagic7 — Wed, 13 Sep 2017 21:06:36 GMT

@Anonymous wrote:
Thank you CM, we got hit pretty good. Some damage but not a total loss. We are lucky. This was devastating.

I completely understand.

I have very cherished childhood friends living in Tampa. They are OK but very very worried not having ever experienced anything even remotely as they just went through. Very disturbing for them.

Re: Synchrony increasing limits to those affected by Irma and Harvey

fltireguy — Wed, 13 Sep 2017 21:19:20 GMT

@Anonymous wrote:
Thank you CM, we got hit pretty good. Some damage but not a total loss. We are lucky. This was devastating.

Trekkie, I am so sorry.. My GF lives halfway between Clearwater and Vero off of 60, and I stayed there for the storm, as my home is just north of Tampa... The last model was worrying me... She had minor branches down in her yard, took us a few hours to clean up. I went home Monday morning expecting the worst, and I had no branches down, or anything. Not even a leaf in the backyard.. Took me a whole 5 minutes to rake up the Spanish moss that was covering my front lawn..... I got lucky... That's all I can say

I dodged Charlie... And Irma in the past 18 years of living here.... Next time I might not be so lucky. GF lived in Ft.Lauderdale during Andrew, and Wilma... She's a pro at this stuff now. Lol

Re: Synchrony increasing limits to those affected by Irma and Harvey

Anonymous — Wed, 13 Sep 2017 21:28:02 GMT

@CreditCuriousity wrote:
I work for an insurance company(medical malpractice) and for area that were impacted by Harvey and Irma we are waiving finance charges, late fees along with cannot pay premium and not cancelling policies for a x period of time (still to be determined). I assume many companies are doing such things. What would be nice if Sync either waived or lowered the interest rate for say 12 months to help them out vs. just credit line increases.

Yeah, i dont really see how bumping up peoples credit lines is very helpful during a time when they are likely desperate/more likely to make poor long term fiancial decisions.

If anything it actually seems like they are taking advantage of these potentially desperate people by hoping this situation encourages them to rack up a large amount of high-interest debt

Re: Synchrony increasing limits to those affected by Irma and Harvey

AverageJoesCredit — Thu, 14 Sep 2017 00:40:39 GMT

Gotten like 8 different emails from Sync and Sync financial. Glad your ok Trekkie and nice to get those increases. As for taking advantage of people, so long as there is money to made, people, and banks will always find a way. Sad but true.

Re: Synchrony increasing limits to those affected by Irma and Harvey

Anonymous — Thu, 14 Sep 2017 01:30:35 GMT

I shouldn't have to delete a post that suggests that any state deserves a natural disaster. Do better or don't post.

Re: Synchrony increasing limits to those affected by Irma and Harvey

sueblue34 — Thu, 14 Sep 2017 01:35:49 GMT

I saw this on their website for my care credit account. When I asked the rep about it, they said it was still based on credit approval but couldnt say wether it would be a hp or sp. Was the increase automatic?

Re: Synchrony increasing limits to those affected by Irma and Harvey

Anonymous — Thu, 14 Sep 2017 01:39:03 GMT

OMG! So happy for everyone now don't spend it all in one place haha.

Re: Synchrony increasing limits to those affected by Irma and Harvey

CreditMagic7 — Sat, 16 Sep 2017 23:30:14 GMT

Are any others in those areas seeing additional assistance with your synchrony cards over this?

Wanted to bring this back up so it doesn't drop off from the front forum for those who might wish to see a benefit from it.

Re: Synchrony increasing limits to those affected by Irma and Harvey

credit_is_crack — Sun, 17 Sep 2017 03:17:32 GMT

I received the emails on both my JCP and Marvel cards, offering same option of incresing limits, but didn't specify how you'd get it or terms, did call in about it either so just going off the email.

I also got emails from PenFed, Chase, Citi, BoA, FNBO, Discover, NFCU and I've received zero emails from AmEx. Almost all my Banks sent me something regarding Irma relief. Even my Harry's shave club sent me one and in there's it said "let us know if we can, even if it isn't related to Harry's"....there's been a gracious outpouring of support

Re: Synchrony increasing limits to those affected by Irma and Harvey

CreditMagic7 — Sun, 17 Sep 2017 02:46:28 GMT

@credit_is_crack wrote:
I received the emails on both my JCP and Marvel cards, offering same option of incresing limits, but didn't specify how you'd get it or terms, did call I. About it either.

I also got emails from PenFed, Chase, Citi, BoA, FNBO, Discover, NFCU and I've received zero emails from AmEx. Almost all my Banks sent me something regarding Irma relief. Even my Harry's shave club sent me one and in there's it said "let us know if we can, even if it isn't related to Harry's"....there's been a gracious outpouring of support

Thanks so much.

Had no idea of that with those other lenders.

Hopefully some others who been out of the loop without access can benefit soon.

Everything helps right now for those affected no matter how little.

Re: Synchrony increasing limits to those affected by Irma and Harvey

credit_is_crack — Sun, 17 Sep 2017 03:30:15 GMT

I've been telling everyone I know as some may not have access to even see it like you said. Here are the screenshots of those emails if it helps get the word out to someone who could benefit from it

CITI

USAA

FNBO

BOA

CHASE

SYNCHRONY

NAVY FEDERAL

Re: Synchrony increasing limits to those affected by Irma and Harvey

marypoppins70 — Sun, 17 Sep 2017 12:22:22 GMT

Unfortunately it didn't work for me. I live in the hardest hit area of Irma's path outside of the Keys and Amazon wouldn't increase my line I've had a lot of new accounts added within the last 6 months but not super high utilization on any of my cards; however my TU score is currently around 680 so that might be why...

Re: Synchrony increasing limits to those affected by Irma and Harvey

sueblue34 — Sun, 17 Sep 2017 14:55:23 GMT

I spoke to a rep from Synchrony(carecredit) and they said that the increases are not automatic they still check credit for it and unable to say if it will be a sp or hp.