Love Synchrony Bank! I was approved for 200 limit with JCP, 300 with Belk, and 150 at Walmart, all with a 654 TU Score. Now to build my credit with them and wait for a CLI. These 3 will cover clothes/shoes/gifts/and gas.
Most Helpful Positive Review
Most Helpful Negative Review
JCpenny was great at first, gave me a high credit limi when I was 18 years old. They increased my credit limit every 2-3 months, which was great and helped build my credit. Loved the discounts and treatment I got when I shopped at JCPenny and they knew I had a JCPenny credit card.
Also it was great being able to use my JCPenny credit card at CVS pharmacy.
Now the bad part, I had the card for a good 3-4 years, used it at least 4-5 times per year. I had a credit limit of $7,500 and had a balance of $1,100.
I missed ONE SINGLE payment by 5 days and they instantly dropped my credit limit from $7,500 to my exact balance, $1,100. It now showed on my credit report that I was using 100% of my credit limit which dropped my credit score a good 30-40 points at the time.
Also my APR went from 14% to 24% overnight.
So after years of using their card and paying on time, I miss one pyment by a few days and rather than slapping me with a late fee they totally throw my credit report out of whack, lower my credit limit, and raise my APR. I was speechless. I paid off my balance in 2-3 months and have not used my cad since.
See Your Approval Odds Before You Apply
Sign up for a free membership, and Credit Karma can estimate your chances of approval based on your credit profile. You’ll also get:
- Credit scores and reports
- Credit monitoring
- Personalized recommendations