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Lowes and Synchrony bank - auto CLI with minimal use?

Anonymous
Not applicable

Lowes and Synchrony bank - auto CLI with minimal use?

I got this card a few months ago.  In a couple consecutive months I charged around $280 one month and the next was around $220.  Each of those months was PIF.

 

Initial approval was for $2,000 and I asked for $5,000 and was approved (called in to CS).  This morning I received an alert that my credit line increased to $12,000.  Needless to say I was quite shocked to more than double my CL on a card I have very minimal use on.  I have gotten (2) auto CLI's from Chase but I was using those cards very heavy and PIF each month.

 

So this is my only account with Synchrony and wondered if this is normal for them or odd?

EDIT TO ADD:  Also in the same 24 hours I received an email from "Lowe's Credit Services" saying "Ask for 36 fixed monthly payments at 1.99% until PIF on flooring, appliances, kitchen and bath". <-- Is this the most likely reason for the CLI?

Message 1 of 5
4 REPLIES 4
Method2Madness
Regular Contributor

Re: Lowes and Synchrony bank - auto CLI with minimal use?


@Anonymouswrote:

EDIT TO ADD:  Also in the same 24 hours I received an email from "Lowe's Credit Services" saying "Ask for 36 fixed monthly payments at 1.99% until PIF on flooring, appliances, kitchen and bath". <-- Is this the most likely reason for the CLI?

 

 

 

 

Probably not. I got that email too.


Total Available Credit: $145,950   ||Feb 2018||EQ08-705||EX08-728||TU08-741||



Message 2 of 5
Adkins
Legendary Contributor

Re: Lowes and Synchrony bank - auto CLI with minimal use?


@Method2Madnesswrote:

@Anonymouswrote:

EDIT TO ADD:  Also in the same 24 hours I received an email from "Lowe's Credit Services" saying "Ask for 36 fixed monthly payments at 1.99% until PIF on flooring, appliances, kitchen and bath". <-- Is this the most likely reason for the CLI?

 

 

 

 

Probably not. I got that email too.



Ditto. They send that email out every 3-6 months it seems, season depending. 


Last HP 08-07-2023



Message 3 of 5
Anonymous
Not applicable

Re: Lowes and Synchrony bank - auto CLI with minimal use?


@Method2Madnesswrote:

@Anonymouswrote:

EDIT TO ADD:  Also in the same 24 hours I received an email from "Lowe's Credit Services" saying "Ask for 36 fixed monthly payments at 1.99% until PIF on flooring, appliances, kitchen and bath". <-- Is this the most likely reason for the CLI?

 

 

 

 

Probably not. I got that email too.



Well, that makes sense.

 

So those with experience with Synchrony how else can I make sense out of this auto CLI with such minimal use of my card?  My profile has not changed and if anything my utilization reporting right now is higher than when I was approved for the card.

Message 4 of 5
AverageJoesCredit
Legendary Contributor

Re: Lowes and Synchrony bank - auto CLI with minimal use?

We dont see alot of auto luv from Sync apart from normslly in the first couple of months it can happen or probably more auto for general population. Its possible Sync while sping your reports sees how your other cards are and wants to entice you into spending more at LowesSmiley Happy
Message 5 of 5
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