Synchrony Credit Cards: Prequalify or Apply Online (2024)

FAQs

How hard is it to get approved through Synchrony? ›

What's the Synchrony Bank credit card credit score requirement? It depends on the credit card you are interested in. Most credit cards offered by Synchrony Bank are designed for people with fair (640 – 699), good (700 – 749) or excellent (750 – 850) credit.

Flexible Ways to Apply

Click Prequalify to find out if you qualify for credit. There is no impact to your credit bureau score. Get a decision in seconds. If you prequalify, then apply.

The Synchrony Preferred World Mastercard, which is the bank's credit-building card, offering a variable APR and no rewards to individuals with fair credit (scores of at least 630).

For instance, Synchrony Bank uses the VantageScore 4.0 scoring model when evaluating credit card applications. But a different credit card issuer might use a FICO score to determine whether you qualify for their cards.

Yes, it is hard to get the Synchrony Premier World Mastercard® because it requires good credit for approval. Unless your credit score is 700 and you have a lot of income, it will be difficult for you to get approved for the Synchrony Premier Card.

As an online-only bank, Synchrony can't compete with legacy banks that have thousands of physical locations, and it doesn't offer a checking account. But those seeking high-yield savings and CD accounts will find that Synchrony's options are generally more competitive with some of the best bank offerings on the market.

More about Synchrony: Synchrony Bank is owned by Synchrony Financial, a Stamford, Connecticut-based consumer financial services company.

It isn't common, but a credit card issuer could deny your application even after sending you a pre-approved offer of credit. The exact reason for such a denial can vary from one applicant to the next.

Plaintiffs in the class action lawsuit accused Synchrony of placing calls to consumers without their consent regarding accounts that did not belong to them. These calls allegedly violated the federal Telephone Consumer Protection Act (TCPA).

What credit card can I get with a 480 credit score? ›

The best credit card for a 480 credit score is the OpenSky® Plus Secured Visa® Credit Card because it does not check your credit score when you apply and has a $0 annual fee. The OpenSky® Plus Secured Visa® Credit Card also reports to the credit bureaus on a monthly basis.

Best feature: Flat-rate 2% cash back

The Synchrony Premier World Mastercard is a cash back credit card that earns 2% back on every purchase. There are no bonus categories, spending tiers or limits on cash back. The card does not charge an annual fee. There is a 3% foreign transaction fee.

Yes, Synchrony Bank does a hard inquiry on your credit report whenever you apply for one of its credit cards. A hard inquiry usually results in a slight decrease in an applicant's credit score, but the effect only lasts for a short period of time.

Synchrony Bank uses all three major credit bureaus (TransUnion, Equifax and Experian) in order to assess your creditworthiness. Either one or more credit bureaus may be used when evaluating a Synchrony credit card application. Credit reports, however, don't differ that much from bureau to bureau.

The Amazon Secured Card and Amazon Prime Secured Card, issued by Synchrony Bank, are unique credit cards each with two sets of features – the Secured Card features and the Store Card features. The two credit features have some different rates, fees and rewards.

Typically, you'll receive Synchrony Bank's decision on your application within 30 days. Many applicants are approved much sooner than that. If you haven't heard back within a reasonable time frame, you can always call customer service to ask about the delay.

Phone interview with a member of the recruiting team. If it's a “right fit” position, your resume will be forwarded to the hiring manager for review. Feedback within 72 hours. If an additional interview is requested, an online application will be emailed to you.

Synchrony Bank is a solid online bank with competitive interest rates on savings, money market, and CD accounts. It is a good option for consumers who are happy with their current checking account but want to earn a higher rate of interest on their savings.

Synchrony Financial looks good on the surface, but is lacking in the areas where it really counts. Customer service is not reliable and many customers have reported difficulties getting in contact with and working with Synchrony's customer service representatives.