Is Synchrony Bank a credit card?

Is Synchrony Bank a credit card?

Synchrony is a consumer financial services company that provides over 120 credit cards and store branded cards.

What type of credit card is Synchrony Bank?

The Synchrony® Mastercard® is one of many credit cards we offer. We think it’s a great value with 2% cash back rewards on all purchases anywhere Mastercard is accepted.

What company owns Synchrony Bank?

GE Capital
Synchrony Financial has been a part of GE Capital for more than 80 years, helping consumers finance purchases from clothing to jewelry to RVs to furniture.

Does Synchrony Bank have another name?

On June 2, 2014, GE Capital Retail Bank changed its name to Synchrony Bank. Synchrony Financial is the parent company of Synchrony Bank. Synchrony Financial has more than 80 years experience in the financial sector and it’s one of the largest provider of private label credit cards in the United States.

Are Synchrony credit cards hard to get?

Synchrony Bank doesn’t have the name recognition of some other banks, but it issues the store credit cards for many popular retailers. And while these cards are often known for their discounts and rewards programs, as retail cards they can also be some of the easiest cards to be approved for on the market.

What credit score is needed for Synchrony?

640-699
Synchrony “pre-screens” customers by using data compiled from three credit bureaus: TransUnion, Equifax and Experian. Synchrony mails prepaid offers to consumers who have at least a fair credit score (640-699).

Is Capital One buying out synchrony bank?

Update 7/17/19: Existing cardholders have been sent a letter stating that their existing Synchrony cards will be converted to Capital One and they will receive the new cards by October 11th, 2019.

Is PayPal a synchrony bank?

PayPal Credit Basics PayPal Credit is subject to credit approval and is offered by Synchrony Bank.

Are there any credit cards issued by Synchrony Bank?

Even if you’ve never heard of Synchrony Bank before now, you have probably seen their products. They are one of the main issuers of store cards and store credit cards. So if you’ve ever signed up for a rewards card or store credit card, there’s a good chance it was issued by Synchrony Bank.

What happens if your credit score is low with Synchrony?

For questions, you can call: or the toll-free number on the back of your card. Most Synchrony linked stores perform a “hard credit pull” every time you apply for a card, which can drop your credit score slightly. If your credit score is low, you’ll be less likely to get approved. If that’s the case, here are some ways to bring up your score.

How does Synchrony Bank keep you in control?

Doing more for you—whether online or in the Synchrony Bank app—to keep you in control no matter what. Check balances, transfer funds, or deposit checks from almost anywhere, 24/7. That’s banking in sync with you. If you’re taking another look at your finances, it may be time to rethink how you’ve been approaching your budgeting.

Is the Synchrony Bank an FDIC insured bank?

Yes, Synchrony is an FDIC insured^ bank that offers a range of award-winning savings products at competitive interest rates.