I'm sure this has been written about on these boards.
But for those who may not have read it, Synchrony canhave a bit of an insecurity habit where releasing available credit is concerned.
Case in point:
DW has used their cards for some time. Same spending pattern, same payment amounts...NEVER a missed payment (or even carried balance).
Last week, she paid off her Old Navy VISA to the tune of about $900. For the week that has followed, Synch has kept her available credit $473 (??) lower than her credit limit.
Not to be outdone, she used her PayPal credit account...and then paid it in full, as usual. With that card, they are holding the ENTIRE available credit for 10-14 business days.
Oddly enough, they didn't hold her CareCredit available credit hostage...even though the usage and payment were larger than the ON and PP accounts.
No changes to her credit profile or income. Just Synch being Synch, but buyer beware. They can ALWAYS pull these annoying little stunts...just as all CCCs can. 
Synch & Comenity are a little over the top on holding available credit when making payments. They dont have the deposit bases other banks do and a lot of their credit cards are going poof as merchants either go bankrupt or pull their CC offerings due to covid-19.
@CreditCrusader wrote:I'm sure this has been written about on these boards.
But for those who may not have read it, Synchrony canhave a bit of an insecurity habit where releasing available credit is concerned.
Case in point:
DW has used their cards for some time. Same spending pattern, same payment amounts...NEVER a missed payment (or even carried balance).
Last week, she paid off her Old Navy VISA to the tune of about $900. For the week that has followed, Synch has kept her available credit $473 (??) lower than her credit limit.
Not to be outdone, she used her PayPal credit account...and then paid it in full, as usual. With that card, they are holding the ENTIRE available credit for 10-14 business days.
Oddly enough, they didn't hold her CareCredit available credit hostage...even though the usage and payment were larger than the ON and PP accounts.
No changes to her credit profile or income. Just Synch being Synch, but buyer beware. They can ALWAYS pull these annoying little stunts...just as all CCCs can.
I've never seen this myself, but I'm not at all surprised to hear it! From what I've gleaned about Synchrony, they pretty much play by their own rules--which don't necessarily resemble 'normal' rules at all.
