Just a wasted new card slot and hard pull for 2 years. Not even a SUB to show for it.
Citi:
US Bank:
Chase:
Aven:
RH:
Sorry you got stung by this lender... I won't ever let myself get that deep with them!
However, I'm on board with 2 cards through them. Discount Tire & Family, Farm, & Home.... Both due to interest free promotionals. Discount Tire, I have been on their roller coaster ride already... Requested an increase, was approved, then to be taken away and then some. I need new Tires on the RV this season so I'll continue to use it when it works out for me. Family, Farm, & Home was a late season zero interest card for 3 years on a new zero turn lawn mower. I've seen and heard enough on this board to be mindful of this lender. I've often been tempted to hop on the Lowes bandwagon, but I just prefer Home Depot or Menards to be perfectly honest.
Starting Score: 547EX
@BallBounces wrote:The one slightly irritating aspect of this one of course is, the nature of Care Credit doesn't allow for much use. You would think they may have different algos for that card based on use patterns that forgive long periods of no use.
If you have a pet you can put their yearly exams/vaccinations on it to keep it active.
Agreed on the algorithms. They do keep cards like Ashley Furniture open longer than 12 months with no activity for this very reason, but I agree the same should apply to the CareCredit card as well. Mine was closed very quickly due to inactivity, but I haven't missed it much.
As far as other Synchrony cards, I've found value in Amazon store card (5-6% back or 0% APR promos), Sam's Club (5% back at gas/EV charging), TJX (5X points in brand), Venmo (3% cash back on health/beauty), and Verizon Wireless (4% on dining). None of these have an annual fee, and the cash back in each respective category beats most other cards out there. I use each solely for the categories listed to maximize our cash back return each month.
Obviously, if you're aiming to simplify this year, spreading out all of these categories probably doesn't fit with your goals. However, a few may give you a better return than what you're getting now, which could fit into a longer-term swap/consolidation plan.
Charge on!
