Chip Lupo, Credit Card Writer
@CLoop
You may be able to get approved for a Synchrony Bank credit card after your bankruptcy is discharged, but it is not guaranteed. The Amazon Secured Credit Card is available to people with bad credit, has a $0 annual fee, and reports to the credit bureaus monthly to help you build credit.
The Amazon Secured Credit Card requires a $100+ deposit, which then serves as your credit limit. People with bad credit may be able to qualify, but keep in mind that your approval odds will depend on your overall creditworthiness.
Things to Know About Credit Cards After Bankruptcy
You should wait until your bankruptcy is discharged to apply for credit.
Card issuers generally do not approve applicants with unresolved bankruptcies on their credit reports. Your odds of approval will be far better if you wait until after your discharge. For the best results, consider waiting a few months to a year after discharge before attempting to get a new credit card.
Your options will be limited.
A bankruptcy on your credit report is likely to tank your credit score and limit your choices for credit cards in the future. Bankruptcies stay on your credit report for 7 to 10 years, but this won’t prevent you from getting approved for a credit card the entire time.
Card issuers don’t like getting burned twice.
If your bankruptcy involved Synchrony Bank credit card debt, they may not approve you for a new credit card immediately after your bankruptcy. It’s a good idea to start with a credit card from an issuer that was not named in your bankruptcy, and wait several years to approach issuers that were named.
Bankruptcy discharge timelines depend on which chapter you file.
Chapter 7 bankruptcy takes 4 to 6 months after filing to be discharged, and could take longer. If you filed Chapter 13, you’ll need the approval of your trustee if you want to apply for a credit card during your payment plan, and payment plans in Chapter 13 typically last for 3 to 5 years.
If you want to see what other options you have, you can check out our editors’ latest picks for the best bankruptcy credit cards.
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People also ask
Which credit cards belong to Synchrony Bank?
Some of the best credit cards issued by Synchrony Bank are the Sam's Club® Credit Card, the Lowe's Credit Card, the Amazon Store Card, and the Synchrony Premier World Mastercard®. Synchrony Bank has over 100 credit card offers, making it one of the largest issuers of co-branded and store-affiliated credit cards.
Best Synchrony Bank Credit Cards
- American Eagle Outfitters (AEO) Credit Card
- At Home Credit Card
- Belk Credit Card
- CareCredit Credit Card
- Cathay Pacific Credit Card
- Chevron and Texaco Credit Card
- Dicks Credit Card
- eBay Credit Card
- Fleet Farm® Credit Card
- JCPenney Mastercard
- PayPal Cashback Mastercard®
- Synchrony Premier World Mastercard®
- Sam's Club® Credit Card
- ...
How do I make a payment to Synchrony Bank?
You can make a Synchrony Bank credit card payment online, by phone, through the Synchrony Bank mobile app, by mail or at a branch. To pay a Synchrony Bank credit card bill online, log in to your online account and click on "Make Payment." Then, choose how much to pay, when to pay it, and where the payment is coming from. Synchrony Bank does allow cardholders to set up automatic payments, too.
Ways to Make a...
read full answer by Chip Lupo, Credit Card WriterWhat traditional credit cards does Synchrony Bank offer?
There is only one traditional card that Synchrony Bank offers at the moment, the Synchrony Premier World Mastercard®. This is a good card for people with good credit who want hassle-free cash back. More specifically, the Synchrony Premier card offers 2% cash back on all purchases and has a $0 annual fee.
It's worth noting that Synchrony Bank mainly issues store credit cards, as well as co-branded credit cards. If you’re not tied to Synchrony Bank, there are several other traditional cards from other issuers...
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