If you currently have a store credit card or have thought about getting one, there’s a good chance that it’s from Synchrony Bank. With more than 85 years of experience in the financial services industry, Synchronize partners with well-known retail brands across the country.
The company has over 69 million customer accounts, demonstrating just how far-reaching its credit cards are. If there’s a chain store you shop at, chances it offers a credit card. And if that’s the case, there’s a pretty big chance that Synchrony runs the show.
Unlike some other store cards, Synchrony cards do perform a credit check in most cases. But in general, lending guidelines are less strict for a retail card compared to a traditional credit card. So even if you have less than perfect credit, you still have a shot at getting approved.
If the terms and conditions align with your financial goals and abilities, then a Synchrony card could be a great fit for you. But before you make up your mind, find out everything you need to know about Synchrony Bank store credit cards.
Which cards does Synchrony offer?
Synchrony offers countless credit cards for national stores in just about every type of category. To get an idea of which you might be interested in, check out this comprehensive list.
You’ll find tons of specialty stores, as well as some surprising major retailers. In total, there are nearly 100 credit cards issued by Synchrony. Some are backed by Visa or MasterCard and can be used anywhere, while others may only be used in the actual store.
Full List of Synchrony Credit Cards
- ABC Warehouse
- America’s Tire
- American Eagle Outfitters
- American Signature Furniture
- Ariens and Gravely Get the Gear Card
- Art Van
- Ashley Furniture Home Store
- Banana Republic
- Bargain Outlet
- Big Sandy Superstore
- Blain’s Farm & Fleet
- Carpet One
- Cathay Pacific
- Chevron and Texaco
- City Furniture
- Discount Tire
- Dream Bed
- Drexel Heritage
- DX Engineering
- eBay Extras
- eBay Platinum
- Electronics Express
- Ethan Allen
- Evine Line
- Flooring America
- Freedom To Ride
- Guitar Center
- HH Gregg
- Hudson’s Furniture
- Hyde Park Jewelers Precious
- Jewelery Exchange
- Kauffman Tire
- Kraft Music
- Levin Furniture
- Lumber Liquidators
- Massey Ferguson
- Mattress Firm
- Metro Mattress
- Mohawk Flooring
- Moris Home Furnishings
- Musician’s Friend
- Napa EasyPay
- Old Navy
- P.C. Richard & Son
- PayPal Extras
- PayPal Platinum
- Pep Boys CarCareONE Card
- Regency Furniture Showroom
- Rooms To Go
- Sam Ash
- Sam’s Club
- Sam’s Club Business
- Sam’s Club Personal
- ScoreCard (Golf Galaxy, Dick’s Sporting Goods, Field & Stream)
- Sewing & More
- Shaw Floors
- Sheely’s Furniture
- Sleep Experts
- Sleep Number
- Sleep Train Mattress Centers
- Stein Mart
- Summit Racing Equipment Speedcard
- System Pavers
- Tire Pros
- Toys “R” Us
- Value City Furniture
- Walmart Business
- Walmart Personal
- Westrich Furniture & Appliances
Automobile Credit Cards from Synchrony Bank
In addition to retail store cards, Synchrony Bank also offers credit cards for a few specific automobile companies. You can’t apply online but must instead visit a brick and mortar location to get one of these cards.
This type of credit card can help you finance purchases such as motorcycles, ATVs, PWCs, and snowmobiles. You can currently get a credit card with Yamaha, Polaris, KTM, Suzuki, Kymco, and Kawasaki.
What are the benefits of getting a credit card from Synchrony?
Whether you choose a rewards card that can be used anywhere or a store-specific credit card, you can benefit in multiple ways by getting a card from Synchrony. First and foremost, you get to take advantage of the benefits and rewards programs.
Maybe you earn rebates to be used at your favorite store, maybe you get a discount on purchases, or maybe you get to rake in cash back offers.
Whatever the reason, many people prefer to have a diverse range of credit cards in their wallets to ensure they have access to the best opportunities of the moment.
If you tend to shop a lot, you could potentially get some major use out of these cards. But they can also be helpful in repairing poor credit when used correctly.
If you’ve been hit by derogatory items resulting in a low credit score, it can be hard to get a credit card, even as you pay down debt and turn things around.
Although Synchrony does usually perform a credit check, store cards rarely have lending guidelines as strict as a normal credit card. It’s a great option to start building your credit, whether you’re starting over or just beginning.
What happens if a Synchrony Bank credit card store closes?
With online shopping changing the retail market completely, it’s no surprise that many brick and mortar stores are facing major challenges. So what happens if you have a store card from Synchrony and the store closes?
Don’t worry, in most cases the card account will simply convert to another type of card. Synchrony will contact you if this happens to give you specific details on what to expect.
When Toys R Us went out of business, for example, cardholders were given a conversion to a Synchrony MasterCard. The program came with a 2% cash back rewards program and no annual fee. So even if a store hits financial trouble, your account will only be mildly impacted.
What are the best Synchrony Bank credit cards?
Some of Synchrony’s credit cards offer better financial benefits than others. Of course, the real measure is whether you actually shop at a specific store and how the related perks can actually help you.
There’s no sense in getting a card you won’t use (or worse, use without real reason), so take this list with a grain of salt. Still, there are some major differences in what each card offers.
To try and help the broadest range of consumers, we’ve pulled together the Synchrony credit cards with the best overall benefits.
Start looking at these, and then follow up with research on other Synchrony cards that specifically interest you.
Amazon Store Card
As one of the most popular retailers amongst both online and physical stores, the Amazon store card provides members with plenty of attractive benefits.
When you apply online, you can get approved in as quickly as 15 seconds. Once you are approved, you automatically receive a $20 Amazon gift card.
If you join Amazon Prime along with getting the store card, you’ll also receive 5% cashback on all of your Amazon purchases. So if you’re a big online shopper for everyday items on top of gifts throughout the year, then there’s a lot of opportunities to save.
Another interesting offer through the Amazon store card is the chance to use promotional financing instead of getting cash back.
If you select this option, you can get interest-free financing anywhere between 6 and 24 months depending on the purchase price. For the 6-month period, the purchase must be at least $149, and for a 12-month repayment period, you must spend at least $599.
The catch here is that you must repay the entire balance within that timeline in order to avoid paying interest. If the promotional period ends and you haven’t repaid the full balance, then you’ll be charged all of the interest that would have accrued since the actual purchase date.
You also have to make all of your payments each month. But as long as you follow these rules, this can be an affordable way to spread out payments on an expensive purchase. The Amazon store card offers plenty of perks no matter what kind you’re looking for.
Sam’s Club MasterCard
Though issued through Sam’s Club, this card is actually a MasterCard that can be used anywhere. Accordingly, you get a rewards program that is more robust than just a store card. They frequently have time-sensitive offers for getting approved.
For example, a recent promotion offers a $45 statement credit when you spend $100 on the first day you open your credit card account. You can also get 5% cash back on just about any gas purchase throughout the country for the first $6,000 you spend. After you reach that limit, you still get 1% back.
On top of that, you get 3% cashback on travel and dining out and 1% back on other purchases made with your Sam’s Club MasterCard.
So even if you’re not a Sam’s Club member, there are plenty of unrelated benefits that you can take advantage of. Just like other Synchrony Bank cards, you can easily open and manage your account online.
Walmart Credit Card
For frequent Walmart shoppers, this card packs a lot of punch. Like the Sam’s Club card, you can frequently get a signup bonus. Most recently, you could get a $25 statement credit after spending just $25 on your first day having the card.
You also get 3% cashback on all of your Walmart purchases. The store has just about everything you could need in terms of groceries, home goods, health items, electronics, and more. You could easily make most of your regular purchases at Walmart and earn some cash back that quickly adds up to a nice sum.
For example, say you spend approximately the same amount on groceries as the average moderate family of four in the U.S. That amounts to $239 a week, or more than $950 a month.
Multiply that by 12 months of buying groceries at Walmart with 3% cash back and you’ve earned nearly $350. That doesn’t even include anything else you might buy at the store, like clothes or pharmaceutical items.
Of course, the key to a successful rewards program is to always pay off your balance each month. You should still treat your monthly budget the same.
However, you would instead simply pay off the credit card from your checking account every month, rather than running your debit card at the cash register. It takes a good bit of discipline but if you can manage it, you’ll realize some pretty significant savings.
Should you get a Synchrony credit card?
Before applying to one or more Synchrony cards, think about why you want another credit card. It’s important to know that most stores associated with Synchrony perform a hard pull on your credit report.
You could still potentially get approved, just know that if you apply to several at once, all of those inquiries will show up on your report. That’s true for everyone, but it can look more alarming to creditors when it’s someone with bad credit compared to someone with stronger credit.
If you want to take advantage of a specific store’s savings, then the right Synchrony card could work for you. Again, be cognizant of how many applications you make in a year. Each separate inquiry on your credit report slightly drops your credit score for 12 months and remains on there for another 12.
Start off by picking one or two store cards that give the most bang for your buck. If you’d like, you can then add more as time goes by and those inquiries drop off your report.
As long as you’re not paying an annual fee, keep the cards open as long as you can, even if you don’t have a balance. Part of your credit score relies on the age of your accounts so the longer you have your credit cards, the better your credit score will be.
That’s another argument for opening up more than one account at the same time since continually opening a new credit card will lower your overall age of accounts.
It’s a complicated dance when it comes to maintaining (or building) your credit score, so do your best to think about the next year or two and what your credit goals are.
A Synchrony Bank credit card can help you build your credit over time. No matter what kind of credit card you have, remember to use it responsibly. Avoid store cards if you think you’ll be tempted to spend more than you can afford.
Luckily, your credit line will start off small. Over time, you’ll likely see an increase as you use your card responsibly. If you continue to do so, you’ll keep getting rewards benefits and a better credit score. At that point, it’s a win-win situation all around.