Syncb Ameg D (2024)

FAQs

What is SYNCB on my credit report? ›

SYNCB/PPC will show up on your credit report if you have a PayPal credit card, and it's an acronym for Synchrony Bank/PayPal Credit.

Synchrony Bank is one of the largest issuers of store cards in the United States. More specifically, Synchrony Bank offers more than 100 credit cards that are affiliated with big-name brands like Amazon, eBay, PayPal, and Sam's Club.

About CareCredit

CareCredit, a Synchrony solution, is a leading provider of promotional financing to consumers for health, veterinary and personal care procedures, services and products.

PayPal Credit is subject to credit approval and is offered by Synchrony Bank. It's available for US residents who are of legal age in their state of residence. If you have any question about PayPal Credit, please contact Synchrony Bank at 844-373-4961, Mon-Fri 8am-11pm ET, and Sat-Sun 9am-9pm ET.

For 08 Synchrony Bank to be removed from your credit report, certain conditions need to be met, such as finding inaccuracies or errors on the account. It's alarming, but according to a U.S. PIRGs study, a staggering 79% of credit reports have mistakes. We specialize in addressing these issues for our clients.

Synchrony Bank has its own debt collection department known as Synchrony Financial's in-house collections and billing department. They do not hire outside collection agencies to follow up on their debt.

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.

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

*Note: On June 2, 2014, GE Capital Retail Bank changed its name to Synchrony Bank and is part of the GE Capital Retail Finance business.

Is Synchrony Bank legit? ›

We give Synchrony Bank 4.4 out of 5 stars after evaluating factors including its branch availability, account fees, interest rates and customer support. The bank scores highest for its CDs, savings account and overall experience and access. *Ratings are determined by our editorial review team.

No, the Walmart Credit Card is not issued by Synchrony Bank. Both of Walmart's credit cards, the Capital One Walmart Rewards® Mastercard® and the Walmart® Store Card, are issued by Capital One.

Synchrony Bank Basics. Founded in 1932 as GE Capital Retail Finance, Synchrony Bank is a division of Synchrony Financial, the largest provider of private-label credit cards in the U.S. Here's a look at its personal banking products.

In some sense, the CareCredit card works just like a regular credit card. The only difference is that you can only use it to cover traditional medical insurance copayments​ on covered services.

If you have a credit card from Synchrony Bank, you can get your free VantageScore credit score based on your TransUnion credit report with monthly updates.

You might see this show up on your credit report in a number of ways, including SYNCB, SYNCB/CareCredit or even syncb care credit. Know that if you have a CareCredit card and you see any of these terms on your reports or statements, it's simply reflecting you medical credit card issued by Synchrony Bank.

The PayPal Credit Account is issued by Synchrony Bank and is available to US customers who are of legal age in their state of residence. No Interest if paid in full in 6 months on purchases of $99 or more.

Opening a Synchrony Bank deposit account does not impact your credit score. Periodically Synchrony Bank may request information from a consumer reporting agency to help confirm your identity. This does not impact your credit score. You can find additional information in the Account Agreement.

If SYNCB/PPC is on your credit report, you may have an active or closed PayPal Credit account, or you may have applied for credit through PayPal at some point. Old PayPal Credit accounts may show up on your credit report even though they haven't been there before.