topic Re: Synchrony 2% Unlimited Cashback MC Invitation in Credit Cards

Synchrony 2% Unlimited Cashback MC Invitation

Adkins — Fri, 25 Jun 2021 02:20:00 GMT

I received this in my informed delivery today:

But will the limits grow??

Which also lead to here, via link in my informed delivery email: https://www.synchronybank.com/creditcard/

This will be interesting if they are offering the card outside of a product change. Has anyone else gotten this?

Edited to add: $150 statement credit for $1500 spend in 3 months plus 0% apr on purchases for the first 12 months.

Re: Synchrony 2% Unlimited Cashback MC Invitation

Anonymous — Tue, 24 Sep 2019 14:22:08 GMT

Oh I hope they send me that offer. That one actually can be managed with their app!

They can send it to me next year so I stay in the garden.

Re: Synchrony 2% Unlimited Cashback MC Invitation

CreditCuriosity — Tue, 24 Sep 2019 14:28:59 GMT

How is this really different than the PayPal 2% MC? Just dont have to have paypal acct?

Re: Synchrony 2% Unlimited Cashback MC Invitation

AverageJoesCredit — Tue, 24 Sep 2019 14:33:46 GMT

Took me a moment to realize this wasnt ppmc. Wasnt this card meant for people who may have had mc versions of stores closed like Toys R Us, etc?

Re: Synchrony 2% Unlimited Cashback MC Invitation

Anonymous — Tue, 24 Sep 2019 14:34:37 GMT

@CreditCuriosity wrote:
How is this really different than the PayPal 2% MC? Just dont have to have paypal acct?

No PayPal, lower APR tiers (13.99% is the lowest), no redemption (automatically redeems each month for statement credit), full alerts and an app.

Re: Synchrony 2% Unlimited Cashback MC Invitation

CreditCuriosity — Tue, 24 Sep 2019 14:39:56 GMT

@Anonymous wrote:
@CreditCuriosity wrote:
How is this really different than the PayPal 2% MC? Just dont have to have paypal acct?
No PayPal, lower APR tiers (13.99% is the lowest), no redemption (automatically redeems each month for statement credit), full alerts and an app.

Just curious where you got the 13.99 apr from this? Don't doubt you, just not clear...

edit: nvm... clicked on link

Re: Synchrony 2% Unlimited Cashback MC Invitation

Brian_Earl_Spilner — Tue, 24 Sep 2019 14:44:14 GMT

Statement credit? Fuggetaboutit

Actual cashback with paypal

Re: Synchrony 2% Unlimited Cashback MC Invitation

Anonymous — Tue, 24 Sep 2019 14:47:46 GMT

@CreditCuriosity wrote:
@Anonymous wrote:
@CreditCuriosity wrote:
How is this really different than the PayPal 2% MC? Just dont have to have paypal acct?
No PayPal, lower APR tiers (13.99% is the lowest), no redemption (automatically redeems each month for statement credit), full alerts and an app.
Just curious where you got the 13.99 apr from this? Don't doubt you, just not clear...

edit: nvm... clicked on link

Yeah even their highest 26.99% APR is lower than the PayPal's 28.99% and the lowest PayPal is 21.99%.

Re: Synchrony 2% Unlimited Cashback MC Invitation

staticvoidmain — Tue, 24 Sep 2019 15:03:02 GMT

@CreditCuriosity wrote:
How is this really different than the PayPal 2% MC? Just dont have to have paypal acct?

Well, for one, it would probably have access to the Synchrony mobile app (vs no mobile app on PPMC).

Also, there seems to be no language about FTF. If it charges FTF, then that's another important difference.

Re: Synchrony 2% Unlimited Cashback MC Invitation

Anonymous — Tue, 24 Sep 2019 15:14:45 GMT

@Brian_Earl_Spilner wrote:
Statement credit? Fuggetaboutit

Actual cashback with paypal

I would gladly give that up to never have to deal with that awful website again. The Synchrony app is actually very nice.

Re: Synchrony 2% Unlimited Cashback MC Invitation

Anonymous — Tue, 24 Sep 2019 15:15:22 GMT

@staticvoidmain wrote:
@CreditCuriosity wrote:
How is this really different than the PayPal 2% MC? Just dont have to have paypal acct?
Well, for one, it would probably have access to the Synchrony mobile app (vs no mobile app on PPMC).
Also, there seems to be no language about FTF. If it charges FTF, then that's another important difference.

I would assume this is the same card they offered to Toys R Us MasterCard holders and that had no FTF but definitely something to look out for.

Re: Synchrony 2% Unlimited Cashback MC Invitation

FinStar — Tue, 24 Sep 2019 15:37:56 GMT

@Brian_Earl_Spilner wrote:
Statement credit? Fuggetaboutit

Actual cashback with paypal

Yup, I like the flexibility of the cashback redemption. The app is not a driver for me since redeeming via PayPal is fairly easy for my needs.

Re: Synchrony 2% Unlimited Cashback MC Invitation

Brian_Earl_Spilner — Tue, 24 Sep 2019 16:38:46 GMT

@FinStar wrote:
@Brian_Earl_Spilner wrote:
Statement credit? Fuggetaboutit

Actual cashback with paypal
Yup, I like the flexibility of the cashback redemption. The app is not a driver for me since redeeming via PayPal is fairly easy for my needs.

I concur. I log in, I pay, I leave. Redeem my cash to PayPal, transfer to savings or let it sit. Don't need app benefits like alerts because Google pay will alert me if it's used.

Re: Synchrony 2% Unlimited Cashback MC Invitation

staticvoidmain — Tue, 24 Sep 2019 16:44:39 GMT

@Brian_Earl_Spilner wrote:
transfer to savings or let it sit. Don't need app benefits like alerts because Google pay will alert me if it's used.

Wait... How is this possible? Only AMEX has this ability for me. The "Show All Purchases (include purchases not made with Google Pay)" checkbox is showing on all my AMEX cards but not on PayPal. And I have checked this with all my cards.

Re: Synchrony 2% Unlimited Cashback MC Invitation

Brian_Earl_Spilner — Tue, 24 Sep 2019 16:54:31 GMT

@staticvoidmain wrote:
@Brian_Earl_Spilner wrote:
transfer to savings or let it sit. Don't need app benefits like alerts because Google pay will alert me if it's used.
Wait... How is this possible? Only AMEX has this ability for me. The "Show All Purchases (include purchases not made with Google Pay)" checkbox is showing on all my AMEX cards but not on PayPal. And I have checked this with all my cards.

It works for all of my cards. The only thing that won't alert me is a purchase using my PayPal account, unless I'm using my ppmc for the PayPal purchase. Then, I'll get the card alert.

EDIT: just remembered that my mission Visa doesn't work with Google pay.

Re: Synchrony 2% Unlimited Cashback MC Invitation

JR_TX — Tue, 24 Sep 2019 22:16:02 GMT

I’m curious if it’s similar to Synchrony Financial that HPs every CLI request?

Re: Synchrony 2% Unlimited Cashback MC Invitation

Basspro2 — Tue, 24 Sep 2019 23:24:58 GMT

I got the same letter to @13.99 .. That's what they are offering. Went to the site filled in all the codes and info and 13.99 apr is what it is.. Never pulled the trigger I have enough credit and never carry a big balance anyway... Not to the point of, if I can't pay off if something bad happened to me. Finally got my scores in the 800's and want to stay there.

Re: Synchrony 2% Unlimited Cashback MC Invitation

AlpedHuez — Wed, 25 Sep 2019 01:23:38 GMT

I heard about this card on DoC, it seems like after Toys R' Us went out of business they (Synchrony) converted cardholders of their store card to this card.

https://www.doctorofcredit.com/toys-r-us-credit-card-to-become-2-synchrony-mastercard/

Re: Synchrony 2% Unlimited Cashback MC Invitation

Adkins — Wed, 25 Sep 2019 02:45:20 GMT

@Anonymous wrote:
Oh I hope they send me that offer. That one actually can be managed with their app!

They can send it to me next year so I stay in the garden.

My offer is good until the second week in November, so I'm going to put it on the maybe pile. I'm trying not to get anymore sync cards, but I really hate the PayPal app set up, so a replacement 2% card would be nice.

Re: Synchrony 2% Unlimited Cashback MC Invitation

Adkins — Wed, 25 Sep 2019 02:46:31 GMT

@CreditCuriosity wrote:
How is this really different than the PayPal 2% MC? Just dont have to have paypal acct?

It's not true cash back, as I'm sure someone has noticed by now. I think the cash back statement is deceptive, since you can't actually deposit that money into an outside account.