topic Re: Crate & Barrel soon to be Synchrony in Credit Cards

Crate & Barrel soon to be Synchrony

IaBoy62 — Thu, 16 Aug 2018 16:57:58 GMT

Important Information about the Crate and Barrel Credit Card Program
On September 21, 2018 Synchrony Bank will acquire eligible Crate and Barrel accounts currently issued by Comenity Bank.

After the transition from Comenity Bank, eligible accounts will receive billing statements and a new Crate and Barrel Credit Card with a new account number from Synchrony Bank. Please note, the current customer service phone number will remain the same for accounts transitioning to Synchrony Bank.

Comenity Bank will continue to service accounts not eligible for transfer. After the transition on September 21, 2018, the new customer service phone number for accounts remaining with Comenity Bank will be 1-800-820-8799 (TDD/TTY: 1-800-695-1788).

I just noticed this today when I went to login.

Re: Crate & Barrel soon to be Synchrony

FinStar — Thu, 16 Aug 2018 19:24:57 GMT

Thanks for sharing this OP.

I suppose that for MF folks who have very high CLs on their current Crate & Barrel CCs would make for an interesting transition if their overall SYNCB exposure is close to the max 😏

Re: Crate & Barrel soon to be Synchrony

redpat — Thu, 16 Aug 2018 19:28:34 GMT

@FinStar wrote:
Thanks for sharing this OP.

I suppose that for MF folks who have very high CLs on their current Crate & Barrel CCs would make for an interesting transition if their overall SYNCB exposure is close to the max 😏

Lol! I'm thinking of one Poster w/ a huge C&B CL.

Re: Crate & Barrel soon to be Synchrony

FinStar — Thu, 16 Aug 2018 19:37:24 GMT

Those were my thoughts exactly. She had to have seen the splash message on their site! 😂

I once considered this CC several years ago, but I passed. I already have plenty of Comenity land mines.... errrr, I mean tradelines.

Re: Crate & Barrel soon to be Synchrony

K-in-Boston — Thu, 16 Aug 2018 19:39:12 GMT

Seems like a lot of store cards (I'll include PayPal Credit) are switching around lately.

Re: Crate & Barrel soon to be Synchrony

Anonymous — Thu, 16 Aug 2018 19:44:49 GMT

Thanks for sharing OP.

I love this store....so glad we don’t have one where I live. Too much temptation lol.

Re: Crate & Barrel soon to be Synchrony

IaBoy62 — Thu, 16 Aug 2018 22:55:39 GMT

Walmart MC 6,000

Ebates VISA 10,000

Stash VISA 8,000

BP VISA 5,000

Chevron VISA 4,000

Smart Connect 10,000

PP Credit 5,627

Amazon 7,500

Sam's Club 8,500

Lowe's 6,000

Care Credit 4,000

JCPenney 1,500

I'm a little concerned....my Crate & Barrel limit is 15,500 and it will have to be closed immediately if it goes to Synchrony .....I have already lowered JCP, Care Credit, and Lowe's credit limits last winter to keep my exposure under some kind of control....my total exposure had been almost 99,000 and I knew PP Credit was joining the fold.

Re: Crate & Barrel soon to be Synchrony

IaBoy62 — Thu, 16 Aug 2018 22:58:26 GMT

Maybe I should just close Crate & Barrel now since it's days of heavy use are over.??

Re: Crate & Barrel soon to be Synchrony

Anonymous — Thu, 16 Aug 2018 23:20:18 GMT

Only close one?

Re: Crate & Barrel soon to be Synchrony

CreditCuriosity — Thu, 16 Aug 2018 23:58:15 GMT

@IaBoy62 wrote:
Walmart MC 6,000
Ebates VISA 10,000
Stash VISA 8,000
BP VISA 5,000
Chevron VISA 4,000
Smart Connect 10,000
PP Credit 5,627
Amazon 7,500
Sam's Club 8,500
Lowe's 6,000
Care Credit 4,000
JCPenney 1,500

I'm a little concerned....my Crate & Barrel limit is 15,500 and it will have to be closed immediately if it goes to Synchrony .....I have already lowered JCP, Care Credit, and Lowe's credit limits last winter to keep my exposure under some kind of control....my total exposure had been almost 99,000 and I knew PP Credit was joining the fold.

Personally here is what I would close

JCPenney their stocks just took a dive of 25% today or yesterday just a matter or a year or so until BK.

Walmart as you have the Sam Club card.. What is purpose of both??

Smart connect - Worthless IMO didnt know they even had that anymore thought it was just the PP MC of whatever flavor

Stash - Another worthless card IMO although if you stay at their hotels i suppose it has some value although earn rate is bad imo.

That would free up more than you need if you wish to keep Crate and Barrel

Re: Crate & Barrel soon to be Synchrony

Anonymous — Fri, 17 Aug 2018 02:09:33 GMT

And maybe one of the gas cards to continue @CreditCuriosity list.

Re: Crate & Barrel soon to be Synchrony

UpperNwGuy — Fri, 17 Aug 2018 02:21:18 GMT

@Anonymous wrote:
And maybe one of the gas cards to continue @CreditCuriosity list.

Make that BOTH of the gas cards.

Re: Crate & Barrel soon to be Synchrony

pizza1 — Fri, 17 Aug 2018 02:29:08 GMT

This is just weird too me. Why would only some accounts move and not all of them? What deciphers an "eligible" account?

More importantly, why are are they only moving some accounts, and not all?

Also, did anyone note the "new account number" quote? I wonder if that means new account reporting as well?

I had this card right out of BK several years back, and closed it almost 2 years ago, so it doesn't affect me, but Id be curious if it will be a new account reporting starting over with Synch, or if it will maintain the history with the "new account number"?

Re: Crate & Barrel soon to be Synchrony

shoegal — Fri, 17 Aug 2018 02:51:53 GMT

@Anonymous wrote:
Thanks for sharing OP.
I love this store....so glad we don’t have one where I live. Too much temptation lol.

I have one right in front of my apartment complex. ☹️🙃

Re: Crate & Barrel soon to be Synchrony

Anonymous — Fri, 17 Aug 2018 02:55:28 GMT

@pizza1 Eligible is probably a safeguard to exclude past due, over limit accounts etc.

@shoegal omg.....My house would be full of “look but don’t touch or use” items 😂.