B&H Payboo Synchrony Cards Shutting Down

[UncleB]

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@Rudy1 wrote:

That intresting to hear. I always thought about applying for this card but I didn't want another Synchrony account. I might actually apply for a card from the new lender. My guess is it will be Comenity. Though we could get really unlucky and it could be Capital One then I wouldn't apply.

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Same here... I'm very selective when applying for anything from Synchrony these days due to my existing exposure and the fact that my two oldest accounts are with Synchrony (and I don't want them closed).

If the new issuer is Capital One it'll be a hard 'no' for me (not worth the triple-pull) and if it's Barclays it'll be out of my reach (blacklist), but if it does happen to be Comenity then I might consider it.  If it's Wells Fargo or Citi, well, I'll have to think about it, LOL.

Oddly, the last 10-15 years I've somehow managed to have accounts with nearly every bank except Comenity.  (Not counting the now-defunct Blispay, which was 'sorta' Comenity near the end of its existence.)

[Rudy1]

Yeah im the same in terms of Synchrony they aren't my oldest account but I do have a good amount of CL with them less than a lot of people but I still wouldn't want to lose it. 

Ha @UncleB! If the new issuer is Cap1 not only is not worth the tripple pull it would not be worth it to get a $3000 limit. I think B&H is making a mistake if they go with Cap1 or Barclays. Honestly I could see my self apping for the card from Barclays if it went to them once i'm out of the garden but a HP for a cli sucks. 

I've had a Comenity Mastercard ex Wayfair for a while now and have no complaints. I have had other Comenity cards before and enjoyed them all. If your buying camera equitment the other good things is Comenity will give large CL's and CLI's.

[MJ-san]

On a photography forum, a member claims to have gotten a reply from a B&H rep who said they were moving away from Synchrony because so many customers were complaining and having accounts closed without any reason.

Sound familiar to folks here?? 

[AverageJoesCredit]

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@MJ-san wrote:

On a photography forum, a member claims to have gotten a reply from a B&H rep who said they were moving away from Synchrony because so many customers were complaining and having accounts closed without any reason.

Sound familiar to folks here?? 

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Lol i highly doubt thats why they are parting ways but wouldnt it make those with closed accounts feel better. 

[4sallypat]

Looks like Comenity picked up the B&H account!

Yay! 

I love Comenity.

Here's the new thread that just started:

https://ficoforums.myfico.com/t5/Credit-Cards/New-B-amp-H-Payboo-card-Comenity/td-p/6475826