topic Re: CareCredit Quirks in Credit Cards

CareCredit Quirks

Creditwiser — Wed, 19 Apr 2023 17:32:10 GMT

For those of you with >10k CL ,or therabouts on your Sync CareCredit , how often do you use it and whats your typical spend? I ask because it seems well known on here that Sync is quick to CLD for non use, but what about usage well below your CL ?

I've had the card for about 16 months with a few CLI's to 12k. Lately Ive only used it a few times for max $100 at Walgreens. Current 0.00 bal. I'm planning some dental work within the next 6 months but I'm concerned my spend pattern doesnt meet their criterea to support the CL.

Re: CareCredit Quirks

Drifter73 — Wed, 19 Apr 2023 18:18:08 GMT

@Creditwiser wrote:
For those of you with >10k CL ,or therabouts on your Sync CareCredit , how often do you use it and whats your typical spend? I ask because it seems well known on here that Sync is quick to CLD for non use, but what about usage well below your CL ?

I've had the card for about 16 months with a few CLI's to 12k. Lately Ive only used it a few times for max $100 at Walgreens. Current 0.00 bal. I'm planning some dental work within the next 6 months but I'm concerned my spend pattern doesnt meet their criterea to support the CL.

I use mine for out of pocket insurance expenses, dentist visits, eye visits, Walgreens pharmacy, Walmart pharmacy, and the occasional 0% for 12mo. Promo to finance larger medical bills. If you have pets, many vets take it too.

All my children's dental work is leveraged with care credit. So my card generally stays active.

Re: CareCredit Quirks

Creditwiser — Wed, 19 Apr 2023 18:27:46 GMT

Good point on the Vet bill ! Thanks as I forgot all about that perk.

Re: CareCredit Quirks

fury1995 — Wed, 19 Apr 2023 22:57:02 GMT

@Creditwiser wrote:
For those of you with >10k CL ,or therabouts on your Sync CareCredit , how often do you use it and whats your typical spend? I ask because it seems well known on here that Sync is quick to CLD for non use, but what about usage well below your CL ?

I've had the card for about 16 months with a few CLI's to 12k. Lately Ive only used it a few times for max $100 at Walgreens. Current 0.00 bal. I'm planning some dental work within the next 6 months but I'm concerned my spend pattern doesnt meet their criterea to support the CL.

I got this card about 12 years ago specifically for vet visits. The card has grown from $6K to $20K only from vet payments.

The thing with Sync is that when you get CLD it's not necessarily adverse action. Sync will lower a credit line when it appears dormant which is better than just closing the line out of the blue for non use. Historically, when that happens you should be able to increase the line in one of two ways .. 1 -use the card for any transaction and the line should auto increase to your previous limit 2 -requiest a limit increase online, it's usually a soft pull and will likely result in the previous limit.