Read about Sync unveiling their own 2% card/renaming their old products....
What do folks know about the Sync Premier MC? And how does it compare to say the Paypal 2% MC and the Toys R Us consolation prize....
@Anonymous wrote:It's probably this.
https://www.synchronybank.com/creditcard/
ETA: On the surface it looks like they decided to just rebrand the 2% as the Premier so they could launch Preferred as a base card and Plus as a 1% card to cover more of the market.
One downside with that card was that there was no app despite the fact that Synchrony Bank has their MySynchrony app they could easily add it to.
I like the FAQs at the bottom of the Synch page. "How have I heard of Synchrony?" "Is Synchrony a bank?" These are the burning questions we ask of every credit card issuer.
Some days I think Synch should be classified as a CFA not a bank... =)
-J
@Credit12Fico wrote:They listed Chase Freedom Unlimited as a competitor lol.
That chart was a little confusing to me. Does "no categories" mean no category restrictions on statement credit redemption, in which case Disco It (presumably It Miles) should have an X and CFU shouldn't? Or does it mean no bonus categories, which would be the reverse of that and not a negative anyway. I'm also not aware of any earnings caps on It Miles or CFU.
@Credit12Fico wrote:
@Slabenstein wrote:
@Credit12Fico wrote:They listed Chase Freedom Unlimited as a competitor lol.
That chart was a little confusing to me. Does "no categories" mean no category restrictions on statement credit redemption, in which case Disco It (presumably It Miles) should have an X and CFU shouldn't? Or does it mean no bonus categories, which would be the reverse of that and not a negative anyway. I'm also not aware of any earnings caps on It Miles or CFU.
I'm not sure what they had in mind for that chart...They are all no category, uncapped, cashback cards.
Maybe they got the Freedom Unlimited and the Freedom Flex mixed up...Likewise for Discover.
Anyway, I think Sync has a long way to go before they can name themselves in the same vain as powerhouses like Discover and Chase.
Yeah, issuer aside this would be a very decent card: flat 2% from a bank (I read the FAQ!) w/o any little hoops to jump through w/ regards to earnings or redemptions. But as an issuer Sync has a ways to go before they themselves aren't a hoop, imo.