Reading your credit report can be a trying experience depending on your credit history. There are many things that it contains which may boost or lower your credit rating.

One of the common questions that many people have on their credit reports is the meaning of SYNCB.

Given how often this acronym appears on credit reports, it has become one of the more popular questions by consumers in this field.

What follows is a breakdown of what SYNCB stands for, what it means, and how it applies to your credit report.

In most cases, SYNCB does not really mean anything or have any real impact. But there are cases in which you should address SYNCB if you believe a mistake has been made on your credit report.

SYNCB stands for Synchrony Bank, which is one of the ten largest issuers of credit cards in the US. You can contact credit bureau to file a dispute if you did not apply for a credit card issued by Synchrony Bank.

Popular credit cards issued by Synchrony Bank include Lowe’s and Amazon store cards. The bank itself specializes in store-owned or private label credit cards which makes it one of the more abundant in the United States.

The presence of SYNCB itself does not have a positive or negative impact on your credit report. It is simply the bank that is being used to issue the credit card.

This is a common occurrence for many card companies to use the same bank when issuing a private label credit card.

The following are definitions from abbreviations associated with Synchrony Bank. This will help you better understand the meaning of the abbreviations that are used.

Syncb/ppc

Syncb/ppc stands for Synchrony Bank/PayPal Credit. If this term shows up on your credit report, it means that you have an old PayPal Credit or perhaps a Bill Me Later account on file. In 2018, Synchrony Bank purchased accounts from PayPal Credit, so whatever outstanding debt is now owed to Synchrony Bank.

If you see a synch/ppc on your credit report, it means that you may owe money from your old PayPal Credit or perhaps Bill Me Later Account. If you never had either type of account or if you have other questions relating to syncb/ppc, then call Synchrony at (866) 893-7864. 

Syncb/ntwk

Syncb/ntwk is an abbreviation for Synchrony Bank Network, a credit card that is issued by the bank itself. If you see this on your credit report, it means that a hard inquiry was made. Such an inquiry is standard practice when you apply for a credit card.

The result of the hard inquiry is a temporary deduction from your credit score. The deduction will stay for a pre-set amount of time, then disappear. If you have never applied for a Synchrony Bank Network card or have other questions, then call Synchrony Bank at (866) 893-7864.

Syncb/cc

Syncb/cc stands for Synchrony Bank CareCredit or CC. this refers to a credit card issued by the bank that can be used to pay for expenses related to medical needs. Over 200,000 medical facilities in the US are part of the network that accepts this credit card.

If you see synch/cc on your credit report, it means a hard inquiry was performed. Such inquiries are performed when applying for the card. If you did not apply for the Synchrony Bank CareCredit card, then you can call Synchrony Bank at (866) 893-7864. You can also discuss other options when calling the number.

Syncb/mc

Syncb/mc stands for Synchrony Bank Master Card. This refers to your MasterCard which has been issued by Synchrony Bank. If you see this abbreviation on your credit report, it means that Synchrony Bank did a hard inquiry into your credit report as part of the application service.

The inquiry deducts points from your credit score. The deduction will last for a pre-set period and then fade from your credit score. If you did not apply for a MasterCard from Synchrony Bank, then you can discuss the issue by calling (866) 893-7864.

Syncb/tjx co dual card

Syncb/tjx stands for Synchrony Bank TJ Maxx Companies DC. TJ Maxx is a popular chain of stores of which Synchrony Bank offers a store credit card. The abbreviation appearing on your credit report indicates that a hard inquiry was made by Synchrony Bank as part of the application process.

Hard inquiries will make a temporary deduction from your credit score, but it will be removed after a pre-set time. If you did not apply for a TJ Maxx store credit card from Synchrony Bank or if you have general questions about their services, you can call (866) 893-7864 to discuss the situation.

Syncb/amazon

Syncb/amazon stands for Synchrony Bank Amazon. Amazon refers to the online store from which the credit card can be used to make purchases. The appearance of syncb/amazon means that the bank made a hard inquiry as part of the application process. Such inquiries will make a temporary deduction from your credit score.

If you have never applied for an Amazon card, then you can call Synchrony Bank at (866) 893-7864 to discuss the situation. Otherwise, the impact on your credit score from the hard inquiry will remain until it is removed after a pre-set period. 

Syncb/wlmrtd

The abbreviation syncb/wlmrtd stands for Synchrony Bank Walmart. This refers to your Walmart credit card, a card that is used exclusively to purchase goods and services from any Walmart store. The abbreviation on your credit report refers to the hard inquiry the bank performed as part of the application service. The result is a temporary deduction to your credit score. The deduction will be removed after a pre-set period.

If you do not have a Walmart credit card or you have general questions about the services provided by Synchrony Bank, then please call (866) 893-7864.

Syncb/national credit cards airlines

Syncb/national credit cards airlines or cards/airlines refers to Synchrony Bank and the credit card issues for a specific airline. If you have applied for a credit card that is designated to a specific airline, then an abbreviation might appear on your credit report. It means that as part of the application service, Synchrony Bank did a hard inquiry into your credit score. The result is a temporary deduction to your credit score which will be removed after a pre-set time.

If you have never applied for a credit card from one or more airlines or have general questions about the services of Synchrony Bank, then please call (866) 893-7864.

Syncb/aevisa

If you see this abbreviation on your credit report, Syncb/aevisa stands for Synchrony Bank American Eagle Visa. If you applied for an American Eagle Visa card, then Synchrony Bank performed a hard inquiry into your credit score. Such a hard inquiry will result in a temporary deduction of your credit score which will be removed after a pre-set time.

If you have never applied for an American Eagle Visa card or have other questions about the services provided by Synchrony Bank, then you can call their offices at (866) 893-7864.

Syncb/brdc

Syncb/brdc stands for Synchrony Bank Banana Republic. It refers to your Banana Republic store credit card. Synchrony Bank performed a hard inquiry as part of the application process for the credit card. The result is that a temporary deduction was made to your credit score. This deduction will be removed after a pre-set period.

If you have never applied for a Banana Republic store credit card, you can call Synchrony Bank at (866) 893-7864 to discuss with them the issue.

Is SYNCB a Hard Inquiry?

Yes, SYNCB on your credit report is a hard inquiry. When any issuer of a credit card does a hard inquiry, it will temporarily reduce your credit score by five to ten points, but they will normally restore within 6 months.

Depending on your original credit score, this hard inquiry may be insignificant. Or, it may drop you to a level where you do not get approved for other credit cards or loans.

The reduction to your credit score will generally last from three to six months. After that pre-set period, it will disappear from your credit report and the score will return to its previous position.

All credit cards that come from Synchrony Bank do a hard pull on your credit score. This means that even if the card is pre-approved, you will still get the hard inquiry regardless. Therefore, it pays to get your credit score first and see if it can survive a hard pull for your needs.

Can I Remove this Hard Inquiry?

Unfortunately, you can not remove a hard inquiry from your credit report. The only exception is in the case of identity theft in which someone else did the hard pull on your credit rating.

In that case, working with the credit card agencies can remove the hard inquiry. Otherwise, it will stay on your credit score until it falls away naturally.

The positive is that most credit card agencies along with lenders will generally not disapprove of a lower credit score due to the presence of hard inquiries.

That means if they see the cause, they will generally account for the difference when making their decision.

However, a series of hard inquiries made over a relatively short period will raise some questions about your activities that require such inquiries to be made.

Overall, the presence of SYNCB on your credit report is meaningless as it stands for Synchrony Bank, the issuer of the card. However, you should be mindful of the hard inquiries required for all credit cards and the lenders you use to take out loans.

It is generally better to spread out such requests if possible or find another way to raise the money you need instead of affecting your credit rating with repeated hard inquiries.

Which Credit Reporting Agency does Synchrony Bank Use?

The Synchrony bank uses TransUnion in their assessment of your credit score. TransUnion is one of the more popular credit reporting agencies. It is possible to get a free credit report from them yourself if you use the right methods.

The process is a relatively simple one for Synchrony Bank to use. You apply for one of their credit cards, they run your credit score through TransUnion, and they get a report back which will help make their decision of whether to approve or not approve of the credit card.

If you get approved, then you get the card. If you do not get approved, then you should check out your credit rating with TransUnion to find out what is causing the problems.

There are many reasons why your credit rating is lower than you think it should be. Having that checked out will help you make the best-informed decision about whether to file a dispute.

Should I File a Dispute on SYNCB with the Credit Bureau?

If you never applied for a credit card with Synchrony Bank and yet SYNCB appears in the report, then you should file a dispute.

This means that false information has been applied to your credit report. It is possible that you have been the subject of fraud.

Not by SYNCB, but by individuals who may have your personal information and are using it to fund their own credit cards.

Of course, you may have one or more credit cards from SYNCB and not know it since it mostly deals in private labels.

You should check the source of all your credit cards first to ensure that none of them were issued by Synchrony Bank.

Once you have researched that information and found no such credit card exists in your name, then you should file a dispute.

Other reasons to file disputes include old information present that should no longer be on the credit report along with inaccurate information. In both cases, you can file a dispute to have them removed. This will help boost your credit score once they disappear from your credit report.