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Synchrony new accounts reporting 24 hours

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Anonymous
Not applicable

Synchrony new accounts reporting 24 hours

I know from my prior Synchrony accounts that they report new accounts quickly, usually within 2-7 days. My new Sam's Club Mastercard is the fastest I've ever seen - showing up 24 HOURS later on both Experian and Equifax. Have not yet checked Trans Union. Wow! They have all the makings of a Barclay's Bank, who is also a fast reporter.

 

Alternately, Synchrony can be a fickle animal sometimes - when receiving a CLI, they will sometimes do mid-cycle reporting so it shows up quickly (i.e., when they increased my AEO Visa to $15,000, the new limit was showing up on credit reports a week later), but other times for the same card(s), they will not report the CLI until the normal date that credit card reports to the bureaus. Funny.

 

I try to pay charges as soon as they post to my Synchrony cards, as sometimes the occasional mid-cycle reporting can be a surprise. Surprise - we just reported your $300 balance on a card midcycle and decided to report before the normal reporting date to the bureaus - when you had planned to pay it off before the statement and didn't expect surprise midcycle reporting. This has only happened once, but it's not a fun surprise. Smiley Happy

 

 

Message 1 of 8
7 REPLIES 7
securingourfuture
Established Contributor

Re: Synchrony new accounts reporting 24 hours

Same here. Got an alert this morning that mine reported yesterday after an approval on Friday.

8/22/18: BK7 filed EXP 490 TU 430 EQ 429
11/28/18: BK7 discharged EXP 586 TU 578 EQ 527
06/08/21: EXP 656 TU 643 EQ 701
Message 2 of 8
CMoore515
New Contributor

Re: Synchrony new accounts reporting 24 hours


@securingourfuture wrote:

Same here. Got an alert this morning that mine reported yesterday after an approval on Friday.


Same here. 

Filed BK7 10/2019
Discharged 1/2020
Message 3 of 8
Shawndoe79
Established Contributor

Re: Synchrony new accounts reporting 24 hours


@CMoore515 wrote:

@securingourfuture wrote:

Same here. Got an alert this morning that mine reported yesterday after an approval on Friday.


Same here. 


Same here, but only on EX and EQ nothing for TU yet

Current Scores EQ 689| EX 688| TU 679
Comenity 57.5k| Navy Fed 52.5k| Capital One 32.3k| Synchrony 23k| BBVA Compass 5.5k| First Commerce 4k| Barclays 1.9k|
GARDENING UNTIL APPING....
Message 4 of 8
Anonymous
Not applicable

Re: Synchrony new accounts reporting 24 hours

It seems to be reporting within 24 hours for most of us to EX and EQ only. if someone could please report back re/ how long it take to hit their TU report, that would be great! Smiley Happy

Message 5 of 8
Anonymous
Not applicable

Re: Synchrony new accounts reporting 24 hours

BINGO !!!  You said that right .

Message 6 of 8
Anonymous
Not applicable

Re: Synchrony new accounts reporting 24 hours

I opened 2 accounts with them saturday morning and nothing has posted on my reports but their hard pulls. They used Transunion.

Message 7 of 8
Anonymous
Not applicable

Re: Synchrony new accounts reporting 24 hours


@Anonymous wrote:

I opened 2 accounts with them saturday morning and nothing has posted on my reports but their hard pulls. They used Transunion.


Perhaps because it is the weekend?

Message 8 of 8
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