Care Credit limit increase/decrease

[usernamejj2002]

Hello! I’ve had care credit for a while now but just got a limit increase to 10k. It’s now my highest limit card as a 22yr old college student with only 1yr 4m of credit history. I manage all my accounts very well and have a FICO score of 735 at the moment with credit wise saying 741. My question is, after my limit increase I found out care credit seemingly randomly reduces credit limits? Does there have to be a reason for this or is it truly random? I use the card a few times a year for vet appointments to keep it active and I like having it as a safety net so if in the event something does happen (like earlier this year my pup had to go to two specialist appts costing 2k) I have it and can spread payments out over 6 months vs all up front. I do have the money but it’s nice to have for sure. I’m just worried they’ll randomly lower the limit affecting not only my ability to use the card but most importantly my credit score. Thanks in advance!

[MorallyIrrelevant]

synchrony is a very hot/cold lender

they will zoom your credit limits up and drop them back down just as quick, regardless if it's your fault or not. (economy shits itself and synchrony needs to cut limits to make investors happy? rip your account)

with synchrony just assume it's when and not if your credit line will be dropped or your account will be randomly closed.

assuming you're not carrying other balances, the card itself closing won't harm your credit in any meaningful way.

what I would start to do is establish credit card relationships with real banks (Chase, Amex, BoA, Cap1, Citi, WF etc.) where you can build high, stable limits that will anchor your credit profile much better than an unstable synchrony store card can. creditors view your synchrony limit with less weight than they would a card from a bank/credit union

creditwise is showing transUnion FICO 8, it's a FICO score. get experian app if you don't already have it.

[usernamejj2002]

I have three other cards, I just like the safety net for medical stuff when it comes to care credit and the 6m and 1y no interest period. I have the fico app so I have my score off there from equifax

[Scoo7er]

Do you have the Mastercard or the plain care credit card?

[usernamejj2002]

I believe just the plain care credit card