Fast Reporting-New Account

[Iusedtolurk]

Well this was a first. Usually when I get a new account it doesn't report until after the first statement cuts (usually a month or 2 after opening).

The other day (the 4th exactly) when I got approved for my Synchrony CareCredit account I was expecting the same reporting timeline.

To my surprise today (just 2 days later) it was showing on my Experian credit report.  That's the fastest ever out of the 12 revolvers I have hitting the credit report.

Is this standard for Synchrony?

I only have one other Synchrony account but that is a HSN card that was originally Comenity that changed over to Synchrony.

Either way it was good to see and knocked down my util by 7%.

As usual Transunion and Equifax are behind in updating. (Probably will see the change in 4-7 days).

[donkort]

Congratulations on that.  7% less utilization is always good!

Usually, when I've gotten new accounts, they have reported rather quickly.  My mortgage took about a month, though. 

The hard inquiries associated with the new accounts report either immediately, or the next day

[Remedios]

That's pretty standard for some lenders. 

Citi, Synchrony, and Comenity (just to name a few) will typically start reporting within days of opening an account. 

[Anonymous]

I was approved for a USAA Visa card, then within 5 days, it showed on my EX report, not TU or EQ yet.

[seattletravels]

---

@Remedios wrote:

That's pretty standard for some lenders. 

Citi, Synchrony, and Comenity (just to name a few) will typically start reporting within days of opening an account. 

---

This.

[Anonymous]

Barclays wastes no time reporting also.

[Anonymous]

Yeah, depends on lender, some are real quick, and Synch is one of them, among their other idiosyncranicities.