topic Re: Synchrony Premier™ World Mastercard in Credit Cards

Synchrony Premier™ World Mastercard

Anonymous — Fri, 25 Jun 2021 01:58:31 GMT

So couldn't really find anything on the forums regarding this card to much. I received a invitation to apply with a sold APR of 13.99. Looks like it is a invitation only card and can't apply directy. Just looking for any data points and if anyone has any experince with this card. It is a 2% CB card with no annual fee.

Re: Synchrony Premier™ World Mastercard

FinStar — Fri, 25 Jun 2021 02:24:30 GMT

Yup, this one comes up for air from time to time. For your reference, below is an older thread on this particular CC:

https://ficoforums.myfico.com/t5/Credit-Cards/Synchrony-2-Unlimited-Cashback-MC-Invitation/td-p/5752842

Re: Synchrony Premier™ World Mastercard

Ficoproblems247 — Fri, 25 Jun 2021 02:31:45 GMT

I received this mailer too. I'd probably bite if I didn't already have two other 2% catch-all cards. Looks like Apple and PCR already have you covered in that area. The Sync card probably would have easy growth up to the 10k mark at least.

Re: Synchrony Premier™ World Mastercard

Anonymous — Fri, 25 Jun 2021 02:38:33 GMT

@Ficoproblems247 wrote:
I received this mailer too. I'd probably bite if I didn't already have two other 2% catch-all cards. Looks like Apple and PCR already have you covered in that area. The Sync card probably would have easy growth up to the 10k mark at least.

Still debating on applying the Apple Card is good for places that take Apple Pay. I don't have the 2% on the the PenFed since I primarily bank with Navy. This could be a contender to epilate both my Cap1 cards since I think even the Walmart is still only a 2% back at store.

Re: Synchrony Premier™ World Mastercard

Anonymous — Fri, 25 Jun 2021 02:40:03 GMT

@Ficoproblems247 wrote:
I received this mailer too. I'd probably bite if I didn't already have two other 2% catch-all cards. Looks like Apple and PCR already have you covered in that area. The Sync card probably would have easy growth up to the 10k mark at least.

Still debating on applying the Apple Card is good for places that take Apple Pay. I don't have the 2% on the the PenFed since I primarily bank with Navy. This could be a contender to eliminate both my Cap1 cards since I think even the Walmart is still only a 2% back at store.

Re: Synchrony Premier™ World Mastercard

Ficoproblems247 — Fri, 25 Jun 2021 02:50:38 GMT

@Anonymous wrote:
@Ficoproblems247 wrote:
I received this mailer too. I'd probably bite if I didn't already have two other 2% catch-all cards. Looks like Apple and PCR already have you covered in that area. The Sync card probably would have easy growth up to the 10k mark at least.
Still debating on applying the Apple Card is good for places that take Apple Pay. I don't have the 2% on the the PenFed since I primarily bank with Navy. This could be a contender to epilate both my Cap1 cards since I think even the Walmart is still only a 2% back at store.

Ah, gotcha. This may make sense for you to go for it in that case since the PCR isn't giving you the 2% and you need something to fall back on when Apple Pay isn't available. It honestly looks like a decent card after reading through the thread that Finstar posted. Looks like they offered you the lowest APR too so that's an encouraging sign! I'd strongly consider it myself but I just opened my AMEX BBC last month and and have my DC to fall back on when someone doesn't take AMEX. It would be pointless for me to start collecting a bunch of 2% cards. Keep us in the loop if you go for it since there don't seem to be an overly abundant amount of DPs on it.

Re: Synchrony Premier™ World Mastercard

FieryDance — Fri, 25 Jun 2021 04:39:18 GMT

I received an invitation as well, 13.99% APR, $100 SUB, accept by 8/20/2021.

Not sure how their marketing algorithm selects targets; I have never had any Synchrony product as far as I know.

Re: Synchrony Premier™ World Mastercard

Duriel — Fri, 25 Jun 2021 03:40:58 GMT

I got one today but it was for the worst of the 3 cards. It said use it everywhere and even listed categories but it has no Cashback on anything 😂.

Re: Synchrony Premier™ World Mastercard

JonStur — Fri, 25 Jun 2021 11:10:40 GMT

Also received an invitation yesterday with the same apr. I just don't think it adds anything to my lineup so the paper shredder got an extra meal....

Re: Synchrony Premier™ World Mastercard

rgd51 — Fri, 25 Jun 2021 16:28:28 GMT

I don't understand why synchrony has 2 2% cards, paypal and this one. Any idea why? Seems inefficient in my opinion.

Re: Synchrony Premier™ World Mastercard

coldfusion — Fri, 25 Jun 2021 17:08:18 GMT

Caters to those in their target demographic who would be interested in a 2% card but who can't get or don't want a Paypal account.

Re: Synchrony Premier™ World Mastercard

rgd51 — Fri, 25 Jun 2021 17:11:11 GMT

Doesn't make sense to me that their in house 2% card is invitation only though. You'd think they'd want as many people as possible to sign up for it?

Re: Synchrony Premier™ World Mastercard

coldfusion — Fri, 25 Jun 2021 17:15:14 GMT

@rgd51 wrote:
Doesn't make sense to me that their in house 2% card is invitation only though. You'd think they'd want as many people as possible to sign up for it?

They're cherry-picking. There could also be specifics tied to their agreement with Paypal.

Re: Synchrony Premier™ World Mastercard

Anonymous — Tue, 29 Jun 2021 21:40:20 GMT

I got the mailer today as well, but like the other poster above, no intro 0% or spend bonus, likely a product of my credit-seeking ways this past year. I've gotten a lot of new accounts in the past year and don't want to rock the Synch boat so I wouldn't be accepting it regardless. Even with the 2% back, it'd just be duplicating Apple and PCR. With the lower APR, SUB, and 2% it looks like a decent catch-all card. For me though, it's a No. Looks like the in-laws have new material to line their birdcage with.

Re: Synchrony Premier™ World Mastercard

coldfusion — Wed, 30 Jun 2021 13:03:29 GMT

They're also started sending out preapproval mailers for the Plus WMC, which is a 1% CB card.

Re: Synchrony Premier™ World Mastercard

Anonymous — Wed, 30 Jun 2021 17:39:56 GMT

Hmm... I wonder if we are about to have a whole batch of "Synchrony sent me this preapproval offer and I was approved and then they closed all my cards!" posts...

Re: Synchrony Premier™ World Mastercard

FinStar — Wed, 30 Jun 2021 17:46:13 GMT

Anything is possible, just like someone who had their Venmo account closed after a week. Again, we don't know what SYNCB is looking for internally, so it can still be a non-event for a lot of people here and outside of MF. My SYNCB accounts are still active and I plenty of other individuals' as well. So, this isn't [SYNCB] doomsday for everyone.

Re: Synchrony Premier™ World Mastercard

Anonymous — Wed, 30 Jun 2021 18:52:47 GMT

@FinStar wrote:
Anything is possible, just like someone who had their Venmo account closed after a week. Again, we don't know what SYNCB is looking for internally, so it can still be a non-event for a lot of people here and outside of MF. My SYNCB accounts are still active and I plenty of other individuals' as well. So, this isn't [SYNCB] doomsday for everyone.

Yeah, my Amazon Store Card is still intact after my 3 card non-Sync spree last month, just seems like many of the shutdowns have seemed to draw attention with new Sync accounts or CLIs on existing ones.

Re: Synchrony Premier™ World Mastercard

FinStar — Wed, 30 Jun 2021 19:24:32 GMT

@Anonymous wrote:
@FinStar wrote:
Anything is possible, just like someone who had their Venmo account closed after a week. Again, we don't know what SYNCB is looking for internally, so it can still be a non-event for a lot of people here and outside of MF. My SYNCB accounts are still active and I plenty of other individuals' as well. So, this isn't [SYNCB] doomsday for everyone.
Yeah, my Amazon Store Card is still intact after my 3 card non-Sync spree last month, just seems like many of the shutdowns have seemed to draw attention with new Sync accounts or CLIs on existing ones.

I honestly think you'll be safe. Now, if you had the others like B&H Payboo (which I actually still think it sounds funny as I type it), PPMC, etc., then *maybe*. But, I can understand better safe than sorry in case the hammer comes down unpredictably. That said, you have a back up for AMZ (on the biz side), if anything.

Re: Synchrony Premier™ World Mastercard

Anonymous — Wed, 30 Jun 2021 20:02:09 GMT

@FinStar wrote:
@Anonymous wrote:
@FinStar wrote:
Anything is possible, just like someone who had their Venmo account closed after a week. Again, we don't know what SYNCB is looking for internally, so it can still be a non-event for a lot of people here and outside of MF. My SYNCB accounts are still active and I plenty of other individuals' as well. So, this isn't [SYNCB] doomsday for everyone.
Yeah, my Amazon Store Card is still intact after my 3 card non-Sync spree last month, just seems like many of the shutdowns have seemed to draw attention with new Sync accounts or CLIs on existing ones.
I honestly think you'll be safe. Now, if you had the others like B&H Payboo (which I actually still think it sounds funny as I type it), PPMC, etc., then *maybe*. But, I can understand better safe than sorry in case the hammer comes down unpredictably. That said, you have a back up for AMZ (on the biz side), if anything.

Oh yeah, I am not worried about it. My spreeing only dropped my TU VS3 scores by a single point each - 817 to 816. I also went from 787 to 783 on VS4. Two of three FICO 8s are still over 800, haven't pulled EQ (sucks that Langley switched to EQ9 because now the only way I can get that one is Experian trials) but I'm sure it's still high. Honestly I am surprised that the only negative impact was from my AoYRA going back under a year which cost me those points and the rest was a nothingburger.

I have the Affinity card for Amazon as well if Sync got twitchy. Things kind of blew up in my face with my business plans, my anxiety really ramped up again, so that AMEX won't get much usage really.

And yes, that Payboo card was the most ridiculous name ever haha. I agree that dropping my Sync exposure to just the single card likely pulled me off their radar.