Synchrony Financial Credit Card Complaint

Transaction issue

Synchrony Financial Credit card department,

Transaction issue California

Over paid Synchrony Bank $1200.00 after a stop check payment failed to attach. Called Synchrony Bank on -/-/2017 and they said I had to wait 10 days for the overpayment check to clear and another 2 weeks to process reimbursement to me. I do n't understand why a financial institution would take two weeks to process reimbursement. It seems like it 's a great way for a financial institution to collect interest on money that does not belong to them. The women I spoke with did not provide any type of confirmation number to evidence that the request had been made and that reimbursement would follow according to schedule. I am submitting this complaint in the event other Synchrony Bank customers are experiencing similar delays and also to ensure that reimbursement will occur as promised.

Synchrony Financial customer in California
Feb 27, 2017

* Source: CFPB Complaint Database

Synchrony Financial response to complaint:
Closed with explanation

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