New Comenity card (mini) rant

MileHigh96 · ‎07-10-2023

On Thursday the 29th of June, I was shopping online at Petco, where I buy a fair share of stuff for my dogs. At checkout, they were offering 20% off your purchase if you are approved for the Comenity backed Petco Pay card. Since you can rack up points for Petco purchases and even though I had a bunch of HP's and approvals in June, I still decided WTH, I'll give it a try, what's one more HP since I was going to be done applying for anything until July 2024 letting all the HP's age out. Thought it would probably be declined, but that if I was going to be approved, it would be for the Petco store card, not the MC, but if I was declined, no big deal. Well, I was approved, and for the MC surprisingly. Only a $1600 SL but it's not like I am going to use this card many other places besides Petco because I have better rewards cards to use elsewhere.

Two days later, on 7/1, the trade line is now being reported to all 3 credit bureaus and reporting a balance. Now granted, it's not a lot, but other than 2 cards I'm using with 0% interest, I pay all my other cards before the statement cuts and a balance gets reported. Fast forward a week to this past Saturday the 8th, and the bill arrives in the mail (I absolute HATE paper statements coming in the mail). I haven't even received my physical card yet, so I can't set up online access to my account and I can't add the account to online billpay at my CU where I do my main banking at.

I just find it absolutely crazy how fast that all happened before even receiving the card in the mail. I've never had anything happen that quickly before when applying for and being approved for a card.

BK7 discharged - 06JUL2021
Loans:

Revolving Accounts (in the order they were opened):

Ally Everyday Cash Back Mastercard (converted from Ollo Platinum Rewards Mastercard) $5700 CL (opened 7/21/21)

Mercury Mastercard $5060 CL (opened 7/23/21)

Upgrade Triple Cash Rewards Visa Card $17,500 LOC (opened 8/4/21)

PenFed Pathfinder Rewards $6000 CL (opened 11/9/21)

Dell Pay Credit (converted from Dell Financial Services account) $8500 CL (opened 12/6/21)

Capital One Kohls Visa (converted from Kohls store card) $4050 CL (opened 12/13/21)

Upgrade Cash Rewards Visa Card $7,000 LOC (opened 3/17/22)

Capital One Quicksilver MC (PC'd from a Platinum card) $3200 CL (opened 5/6/22)

Capital One Savor One MC $5000 CL (opened 10/20/22)

Merrick Bank Double Your Line MC $2500 CL (opened 11/1/22)

NFCU cashRewards Plus $36000 CL (opened 3/17/23)

Affinity FCU Pure Rewards Visa $1500 CL (opened 5/18/23)

Bread Cashback AmEx $16500 CL (opened 5/23/23)

Canvas Select MC $3000 CL (opened 5/25/23)

NFCU Go Rewards Visa $27000 CL (opened 6/16/23)

Petco Pay Mastercard $5100 CL (opened 6/29/23)

Barclays GM Rewards Mastercard (converted from GS My GM Rewards Card Mastercard) $5500 CL (opened 8/1/23)

Denver Broncos Extra Point Visa $12500 CL (opened 12/8/23)

NFCU More Rewards AmEx $17000 CL (opened 2/8/24)

Ally Unlimited Cash Back Mastercard $3000 CL (opened 4/3/24)

Service Credit Union Everyday Visa $2500 CL (opened 8/19/24)

BECU Cash Back Visa $16000 CL (opened 8/21/24)

Best Buy Platinum Visa $4000 CL (opened 10/17/25)

Liberty FCU Platinum Credit Rewards Mastercard $12000 CL (opened 11/5/25)

Capital One T-Mobile Visa $16000 CL (opened 11/7/25)

Lands' End Visa $6800 CL (opened 11/13/25)

Associated Bank Max Cash Preferred Visa $500 CL (opened 11/17/25)

Affinity FCU Cash Rewards Visa $7500 CL (opened 11/18/25)

Williams Sonoma Signature Visa $7500 CL (opened 06/12/26)

AmEx Blue Cash Everyday Card $5000 CL (opened 07/15/26)

Closed accounts:

Mission Lane Visa - first starter card after discharge (opened 7/7/21 - closed 4/1/23)

Capital One Quicksilver MC (downgraded from a Walmart Rewards MC and transfered CL to older QS card) (opened 11/4/22 - closed 04/09/25)

Best Egg Visa (opened 05/17/22 - closed 04/14/25)

2/6, 8/12, 10/24 new accounts
TCL: $239.4K

Beefy1212 · ‎07-10-2023

Synchrony bank does the same thing they have a 48 hour reporting window.
It isn't a huge issue by your own words you don't plan to use credit again for 12 months and in 20 or so days this will be another card reporting zero dollars.

CreditMagic7 · ‎07-10-2023

@Beefy1212 wrote:
Synchrony bank does the same thing they have a 48 hour reporting window.
It isn't a huge issue by your own words you don't plan to use credit again for 12 months and in 20 or so days this will be another card reporting zero dollars.

+1

It depends on how new you are to this credit game i suppose. As mentioned Synchrony is lickity-split rapid in reporting a new card especially one with a Balance on it. Just something to make note of. For me it's always a juggling match when approved by either Lenders. I have seen Comenity go 2 months before reporting but that was with a new card with No Useage too.

FireMedic1 · ‎07-10-2023

Its like going to Best Buy. Would you like a card and get a special deal for your 80" OLED TV if approved. Sure. Theres your new card coming with a balance.

BK Free Aug25

CreditAggie · ‎07-12-2023

Congratulations on your Petco Mastercard approval! Thank you for the DPs with the card reporting and generating a statement even before you receive the physical card.

Current Cards (in order of approval):

Current FICO 8 | 9 (August 2026):

Credit Age:

Inquiries (6/12/24):

Banks & CUs:

NoMoreDebt · ‎07-13-2023

Congrats on the approval

AMEX CHARLES SCHWAB PLATINUM NPSL / AMEX GREEN NPSL/ AMEX BLUE BUSINESS PLUS $20000 CL/ FIDELITY REWARDS VISA $23,500 SL

SOCKDRAWER/ NFCU FLAGSHIP $40,000 CL/ NFCU MORE REWARDS $40,000/ WELLS FARGO AUTOGRAPH $8200/APPLE CARD $6500/DISCOVER IT $3000 SL/CITI COSTCO ANYWHERE VISA $6000 SL