cancel
Showing results for 
Search instead for 
Did you mean: 

Synchrony double/triple dipping?

Auto Loans for ANY Credit Situation. Immediate Response.
Advertiser disclosure
Established Member

Synchrony double/triple dipping?

Hi,
I was looking at PayPal credit as well as PayPal 2% cash back credit card and Cathay Pacific Visa card. Since they are all issued by Sychrony bank, is it possible to double/ triple dipping, like, apply 2 or 3 (card)accounts in one day with a single HP?

Some creditors may distinguish a hp for a specific card with a unique name on a HP, like Citi. So if sychrony pulls in this way then the combination of HPs may not be possible. Is there any dp about Synchrony?
Message 1 of 4
3 REPLIES 3
Valued Contributor

Re: Synchrony double/triple dipping?


@brian6 wrote:
Hi,
I was looking at PayPal credit as well as PayPal 2% cash back credit card and Cathay Pacific Visa card. Since they are all issued by Sychrony bank, is it possible to double/ triple dipping, like, apply 2 or 3 (card)accounts in one day with a single HP?

Some creditors may distinguish a hp for a specific card with a unique name on a HP, like Citi. So if sychrony pulls in this way then the combination of HPs may not be possible. Is there any dp about Synchrony?

Each card has different underwriting standards and have unique names, so each one is a new HP.

Yes, the spade is back!
Message 2 of 4
Valued Contributor

Re: Synchrony double/triple dipping?

I would also think that all 3 would be HP's with this Lender.
                               

Total Credit: $240,100Credit Utilization: 1%AAoA: 5 years, 7 monthsInstallments: Car Lease, Marcus LoanNegatives: 0

LOWES-35k | BOA-32.5k | AMEX-30k | DISC-27.1k | ALLIANT-25k | NFCU-25k | BARC-15k | BBUY-12k | CHASE-10k | WAL-10k | CITI-9.7k | PENFED-9.7k


Message 3 of 4
Moderator

Re: Synchrony double/triple dipping?

Sorry OP, no double or triple "dipping" with SYNCB.

As mentioned above, there will be a separate HP for each product.
Message 4 of 4
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.