what is the new rewards program for belk charge cards, it will start in august or september but belk is being tight lipped about it. some are saying it will be less rewards and customers will have a 39% interest rate.
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Do we really have people that stupid working for Belk? No wonder Belk is failing.
@1qw- and the shill strikes again!
Actually 10q And 1dd are correct. You don't have to be a shill because you have information about the credit card you're offering people. 20
@1dd-sweetie, i have cards that are never used, but once every three years if that and they are still active and the credit limit goes up every year or sometimes twice a year. you are full of BS
@1dd & @1db----are you taking any illegal dr-gs or pschotrophic medication?
@18t All revolving credit pretty much works the same. If you stop using it long enough, you risk a credit line decrease or even account closure. That’s not unique to Synchrony.
You can dislike Synchrony for whatever reason and lots of people seem to feel that way — I dunno, maybe they’re valid. But saying they cut your limit “for no reason” isn’t really accurate. You quit using the card. Inactivity is one of the things banks look at when deciding how much credit they’re willing to leave available.
Also, a lower credit limit doesn’t automatically hurt your credit score. It only hurts if it causes your credit utilization to go up. If you owed $0, the limit reduction probably had little or no immediate impact.
If you want to keep the account open, just put one small purchase on it every 6–12 months and pay it off. A candy bar or pair of socks is cheaper than complaining about it afterward.
@17h Neither thank god. I just choose to educate myself with Zipline, Workday and the Belk Hanger (which all us Belk p-e-ons have access to) instead of promote “it’s a scam” for no reason.
The best thing you can do with a belk card is cancel it and cut it up. It’s absolute garbage, and synchrony is notorious for cutting credit limits for no reason. My credit limit went from $3000 to $800 for non-use which hurts your credit score, and mine was 800. It’s a junk card and bank.
@10q. You must work for synchrony bank or an executive at belk. Which one?
There’s required training in the Workday app for this. Nothing is a secret if you know where to look. Current APR is 34.99% unless they default on it then it’s a penalty APR of 39.99%. Could be changing — not sure. But customers who know about and use their interest-free flexible payment plan perk don’t ever pay interest anyway so who cares.
REWARD DOLLARS EXPIRATION PERK
Both earned and promotional reward dollars expire in 93 days instead of 30 or 63 days (I believe includes birthday rewards) unless otherwise stated on the promotional reward.
TIER UPDATE
Insider Tier will be 0-$499.99
Premier Tier will be $500-$999.99
Elite will remain $1000 and up
BELK STORE PURCHASES
Insiders will earn 3% back instead of 4%.
Premier will continue to earn 5%.
Elite will continue to earn 7%.
All tiers will earn 10% on beauty.
DOUBLE POINTS
All tiers can pick their own days.
FREE SHIPPING
Insider & Premier can pick their own days.
OUTLET & MARKET STORE BENEFIT
Belk cardholders automatically receive 5% off eligible purchases when paying with their Belk card.
REPLACEMENT CARDS
Elite & Premier members active in the last 12 months will receive a new card around 8/24.
All other cardholders (including Insiders) receive a new card at normal expiration.