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Venmo VISA card invite asking for last 4 SSN ?

4sallypat
Established Member

Venmo VISA card invite asking for last 4 SSN ?

So I received an email to apply for the new Venmo VISA credit card issued through synchrony bank.

 

I have 5 different synchrony merchant accounts with them almost all are paid down.

 

When I started to apply using the link provided it asked for the last four digits of your Social Security number does that mean they will do a hard pull or a soft pull?

Message 1 of 10
9 REPLIES 9
CreditSweeper
Established Contributor

Re: Venmo VISA card invite asking for last 4 SSN ?

Hard

Personal Credit -
AMEX: Platinum, Gold, Green, Blue Cash Preferred
PNC: Cash Rewards, Points
BOA: Cash Rewards
NFCU: Flagship Rewards, Cash Rewards, CLOC
PSECU: Founders
BB&T: Spectrum Cash Rewards
CapOne: Quicksilver
Discover: IT Chrome, IT
Synchrony: PayPal 2%, PayPal Credit
Barclays: Uber
PenFed: Power Cash Rewards, Platinum Rewards
Alliant: Visa Signature
Goldman Sachs: Apple Card
BBVA: Clear Points
FNBO: Rewards
Store Cards: Target, Macy’s



Business Credit-
AMEX: Delta Gold, Amazon Prime, Simply Cash Plus
PNC: Visa Business
Synchrony: Lowes
Message 2 of 10
quantum001
Regular Contributor

Re: Venmo VISA card invite asking for last 4 SSN ?

+1 for a hard pull.

 

They also reported as a new account in less than a week, the quickest I've ever had a new account show up.

Message 3 of 10
AverageJoesCredit
Community Leader
Mega Contributor

Re: Venmo VISA card invite asking for last 4 SSN ?


@quantum001 wrote:

+1 for a hard pull.

 

They also reported as a new account in less than a week, the quickest I've ever had a new account show up.


Ive had Sync report in less than 2 daysSmiley Wink

Message 4 of 10
ImTheDevil
Community Leader
Senior Contributor

Re: Venmo VISA card invite asking for last 4 SSN ?

Same - my Lowe's card reported the day after I opened it.

 

OP, be very careful about opening another Synch card. They've been on a tear the past year shutting people down for perceived high risk, irrespective of good payment history, high scores, and solid profiles. Most people who were hit had several cards with them, and most had all of them summarily closed without warning.



Platinum NPSL | Rose Gold NPSL | BCP | Delta Gold | Hilton Surpass | Hilton Honors | FNBO Prime Visa | PenFed PCR | Navy Platinum | IT Cash | IT Chrome | GHSFCU Visa Plat | Quicksilver | Target | VS | Home Depot | Lowes | Sams MC | Firestone | Overstock | Kohl’s | Key Bank auto loan (2017 Audi A6 Premium Plus S-Line)





TCL $112,400 | Agg. Util under 10%
Message 5 of 10
CreditMagic7
Super Contributor

Re: Venmo VISA card invite asking for last 4 SSN ?


@ImTheDevil wrote:

Same - my Lowe's card reported the day after I opened it.

 

OP, be very careful about opening another Synch card. They've been on a tear the past year shutting people down for perceived high risk, irrespective of good payment history, high scores, and solid profiles. Most people who were hit had several cards with them, and most had all of them summarily closed without warning.


+1

 

Proceed with utmost caution. Fact is we just dont have enough hard details on exactly when they pull the plug. And when they do, they take down the whole shebang of ALL synchrony cards in a swoop without warning.

Message 6 of 10
ImTheDevil
Community Leader
Senior Contributor

Re: Venmo VISA card invite asking for last 4 SSN ?

Here's a whole lot of info on the topic:

 

https://ficoforums.myfico.com/t5/Credit-Cards/Master-Synchrony-Account-Closure-Thread/td-p/6119157

 

 



Platinum NPSL | Rose Gold NPSL | BCP | Delta Gold | Hilton Surpass | Hilton Honors | FNBO Prime Visa | PenFed PCR | Navy Platinum | IT Cash | IT Chrome | GHSFCU Visa Plat | Quicksilver | Target | VS | Home Depot | Lowes | Sams MC | Firestone | Overstock | Kohl’s | Key Bank auto loan (2017 Audi A6 Premium Plus S-Line)





TCL $112,400 | Agg. Util under 10%
Message 7 of 10
CreditMagic7
Super Contributor

Re: Venmo VISA card invite asking for last 4 SSN ?

One more fly in the oinment to contend with. I have my years ago PIN to unfreeze if needed. But really, enough is enough for jumping hoops in what should be and has been for years simple applications.

Message 8 of 10
4sallypat
Established Member

Re: Venmo VISA card invite asking for last 4 SSN ?

Well that was an interesting read!

 

Thanks ImTheDevil.

 

I will not be applying for the Venmo card !

 

Would hate to lose the CLs from Synchrony:

Americas Tire $3500

B&H Photo $4000

Mattress Firm $6000

Amazon SC $5000

Mathis Bros $3500

Message 9 of 10
ImTheDevil
Community Leader
Senior Contributor

Re: Venmo VISA card invite asking for last 4 SSN ?

@4sallypat You're very welcome - it's always good to know what's happening. Dollar-wise I would think you're safe. Your lines add up to $22,000 woth Synch. I would be more concerned due to the number of lines and six may well be pushing your luck. Most people being shut down were carrying close to $100,000 in credit lines, largely unused. I only have two Synch accounts, Sam's MasterCard at $6000 and Lowe's at $30,000, and I will not attempt to increase either one again until this is shown to be in the past. I think you're wise to hold off on apping for Venmo.



Platinum NPSL | Rose Gold NPSL | BCP | Delta Gold | Hilton Surpass | Hilton Honors | FNBO Prime Visa | PenFed PCR | Navy Platinum | IT Cash | IT Chrome | GHSFCU Visa Plat | Quicksilver | Target | VS | Home Depot | Lowes | Sams MC | Firestone | Overstock | Kohl’s | Key Bank auto loan (2017 Audi A6 Premium Plus S-Line)





TCL $112,400 | Agg. Util under 10%
Message 10 of 10
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