Synchrony Bank Mastercard/Visa

MCM1 · ‎04-06-2022

Does Synchrony extend higher limits on different general use cards - Synchrony Plus MC, Venmo Visa, Sam's Club MC, etc.

I want to add a Synchrony Mastercard or Visa but trying to decide which might have the highest limit with same credit profile.

CCrew · ‎04-06-2022

Dunno if it helps, but with pretty much a stable profile it's run like this for me on Sync. Obviously YMMV. I have a bunch of their cards so I don't poke the bear much for CLI's.

Synchrony Premier MC: $5k

Verizon Visa Signature: $5K

Sams Club Plus MC $7k

Paypal MC $8k

Hope that helps as a DP.

bigseegar · ‎04-07-2022

My Sync VZW Signature Visa (metal card) started at $5,000 in November, 2021 and is now at $10,000. I understand it tops out at $20,000 though and you have to be a VZW customer to apply.

AverageJoesCredit · ‎04-07-2022

@MCM1 wrote:
Does Synchrony extend higher limits on different general use cards - Synchrony Plus MC, Venmo Visa, Sam's Club MC, etc.
I want to add a Synchrony Mastercard or Visa but trying to decide which might have the highest limit with same credit profile.

Not necessarily. Every card has different underwriting even though each card may be backed from Synchrony. One may get a big limit to start on one card and then get a $300 sl on another despite already having established history with other Sync cards. Profile specific. To note I had multiple Sync cards and when I got the PPMC, I still only got a $300 sl. It's 10k now but you can see no one can predict their sl.

MCM1 · ‎04-07-2022

Yes I expected that and why I asked if anyone had experience in the highest limits on their cards to start.

AverageJoesCredit · ‎04-08-2022

@MCM1 wrote:
Yes I expected that and why I asked if anyone had experience in the highest limits on their cards to start.

Understood. But in my experience here on myFico, when I see someone getting large sl to start with out the gate, it tends to be someone with little to no Sync exposure or not alot f credit to their name. Problem is though until one applies , even those who received higher limits, one won't know where they will start out. Eve then the lending environment has changed drastically and getting cli is not the same as 2016-2018 . Sync now relies heavily on trend data, Lexus Nexus, Sagestream, etc and Vantage 4 scoring models. Years ago I wouldn't have to worry about taking selfish for an approval or even getting double pulled for credit. Now, better be prepared lol.