topic Re: Paypal CLD in Credit Cards

Paypal CLD

bs1234 — Wed, 11 Feb 2026 19:39:13 GMT

Just got an alert, from Chase, that my Sync Paypal card went from $25K to $1.5K. Basically since I got the Smartly, it hasn't seen use, so not too surprising.

Re: Paypal CLD

AndrewF — Thu, 12 Feb 2026 17:15:23 GMT

@bs1234 wrote:
Just got an alert, from Chase, that my Sync Paypal card went from $25K to $1.5K. Basically since I got the Smartly, it hasn't seen use, so not too surprising.

Synchrony is well known for doing this. They'll issue you a really high credit limit, but they'll take most of it right back if you're not spending much on the card.

Many of their cards also have an exorbitant interest rate, or they'll start out lower and just keep raising it. They're a bank that wants you to owe them a lot of money at high interest rates. While other cards might charge 22-29%, Synchrony often charges 36-39%.

In my case, I just looked. It's at 36.99% right now, which is only 3 points lower than the penalty rate of 39.99% even though I have never done anything wrong with the card.

Re: Paypal CLD

NoMoreE46 — Fri, 13 Feb 2026 18:33:27 GMT

@bs1234 wrote:
Just got an alert, from Chase, that my Sync Paypal card went from $25K to $1.5K. Basically since I got the Smartly, it hasn't seen use, so not too surprising.

Ooh well. Looks like it aint a big loss

for you.

Do you know what the actual CL on this card is now?

Re: Paypal CLD

bs1234 — Sat, 14 Feb 2026 15:03:36 GMT

@NoMoreE46 wrote:
@bs1234 wrote:
Just got an alert, from Chase, that my Sync Paypal card went from $25K to $1.5K. Basically since I got the Smartly, it hasn't seen use, so not too surprising.

Ooh well. Looks like it aint a big loss
for you.
Do you know what the actual CL on this card is now?

As above, it went to $1.5K I called, wouldn't give me a CLI (perhaps because my CRBs are frozen) so I closed the card.

When it was a generic 2% with no FTF, the card was pretty good (and heavily used by me). But when it became 3% on for PP (and added the FTF) it became much less useful, with the BCE giving a (capped) 3% on online and then the 4% Smartly

Re: Paypal CLD

NoMoreE46 — Sat, 14 Feb 2026 15:49:36 GMT

$1500 thanks.

Hopefully someone can clarify this for us.

When Synchrony drops the CL with the last two digits being $X,X96

or something like that, it is an

indicator of some kind.

I was trying to see if this was your case.

@bs1234 wrote:
@NoMoreE46 wrote:
@bs1234 wrote:
Just got an alert, from Chase, that my Sync Paypal card went from $25K to $1.5K. Basically since I got the Smartly, it hasn't seen use, so not too surprising.

Ooh well. Looks like it aint a big loss
for you.
Do you know what the actual CL on this card is now?

As above, it went to $1.5K I called, wouldn't give me a CLI (perhaps because my CRBs are frozen) so I closed the card.

When it was a generic 2% with no FTF, the card was pretty good (and heavily used by me). But when it became 3% on for PP (and added the FTF) it became much less useful, with the BCE giving a (capped) 3% on online and then the 4% Smartly

Re: Paypal CLD

bs1234 — Sat, 14 Feb 2026 20:10:42 GMT

@NoMoreE46 wrote:
$1500 thanks.

Hopefully someone can clarify this for us.
When Synchrony drops the CL with the last two digits being $X,X96
or something like that, it is an
indicator of some kind.

I was trying to see if this was your case.

Yes, I remember discussion of that. In my case, the new CL was exactly $1,500. I've received an email from Sync confirming card closure, followed by another telling me to use the card for Federal tax payments. Oh well, now I have no Sync cards