topic How does Synchrony report on the Walmart Mastercard? Confused - Please Help! in General Credit Topics

How does Synchrony report on the Walmart Mastercard? Confused - Please Help!

Anonymous — Tue, 14 Aug 2018 19:57:58 GMT

Last week my husband was approved for the Walmart MC ($500 limit) and added me on as an authorized user.

I had heard about the card reporting to CB's even before receiving the card in the mail, which was true in our case since we just got the cards yesterday, yet had a statment generated with our 1st due date and reported to both credit files since last Friday.

My concern is in regards to how often Synchrony reports to the CBs. Last Friday on my Experian CR it showed a new acct with a balance of $114, which was correct since we took advantage of the $25 credit if we shopped on same day as approval. Well fast forward to today, I noticed that the balance was updated yesterday, and is now reflecting an additional purchase we made over the weekend! We planned to PIF before the due date of Sep 2nd...so I don't understand why they are reporting the CB's so frequently....is this normal??? Mind you, it's only doing this on my CR, and I am only the AU.

My husbands report still only shows the original balance of $114. I thought Synchrony only reported once a month....can anyone elaborate???

Re: How does Synchrony report on the Walmart Mastercard? Confused - Please Help!

FinStar — Tue, 14 Aug 2018 20:05:04 GMT

It's been reported that some SYNCB CCs can report multiple times per month, but in most other cases only once during a statement cycle depending on the ending balance.

Perhaps others who have been recently approved for Walmart (or any SYNCB CCs) can provide some input as to the reporting frequency.

Re: How does Synchrony report on the Walmart Mastercard? Confused - Please Help!

gdale6 — Tue, 14 Aug 2018 20:38:56 GMT

Seems my Wally will report semi monthly if I run it over $100 so I make sure not to exceed this until it reaches 2 weeks before statement cut then I pay them off prior to the cut.

Re: How does Synchrony report on the Walmart Mastercard? Confused - Please Help!

Anonymous — Tue, 14 Aug 2018 21:22:36 GMT

@gdale6 wrote:
Seems my Wally will report semi monthly if I run it over $100 so I make sure not to exceed this until it reaches 2 weeks before statement cut then I pay them off prior to the cut.

Sorry for the dumb request for clarification LOL but I do not seem to understand.

So you mean that anytime you use your card AFTER the statements cuts and your balance is already over $100, it will report again?

This CL is pretty low but we do frequently shop at Walmart for our household stuff & groceries...so I do expect to spend over $100 per month on it....but I don't want balances reporthing every week...

Re: How does Synchrony report on the Walmart Mastercard? Confused - Please Help!

Gmood1 — Tue, 14 Aug 2018 21:27:45 GMT

I also noticed them reporting multiple times a month. I didn't notice this until the card started hitting $1000 or more a month.
Hopefully after y'all build some history. You can get the limit raised high enough to where it doesn't matter when or how many times they report.

The Wally card is the main groceries CC in my household.