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NFT: Amazon Credit Card?

I Love Clams Casino : 1/11/2019 8:53 am
Does anybody have one?

I am trying to find the APR and I can't seem to find it...is it 0% APR? Can't be...

TIA BBI!
Prob  
superspynyg : 1/11/2019 8:54 am : link
For 6 months to a year it is.
RE: Prob  
I Love Clams Casino : 1/11/2019 8:56 am : link
In comment 14257985 superspynyg said:
Quote:
For 6 months to a year it is.


and is that contingent upon the customer paying in full? or does it go to a certain percentage whether you pay in full or not?
I have one  
Gman11 : 1/11/2019 9:01 am : link
I think the APR is like 16%, but I pay it off every month so I've never paid interest. I like the rewards points that it gives you. I had a Capital One card and the rewards points were shit so I switched to the Amazon card.
I have one  
Ross : 1/11/2019 9:03 am : link
If you already have Prime, it's a no brainier. 5% back on all amazon and Whole food purchases.

I have no idea on the APR as I don't keep a balance
RE: RE: Prob  
robbieballs2003 : 1/11/2019 9:06 am : link
In comment 14257987 I Love Clams Casino said:
Quote:
In comment 14257985 superspynyg said:


Quote:


For 6 months to a year it is.



and is that contingent upon the customer paying in full? or does it go to a certain percentage whether you pay in full or not?


A quick google search
Link - ( New Window )
Amazon Prime Visa..  
moze1021 : 1/11/2019 9:11 am : link
is awesome if you shop a lot at Amazon and Whole Foods.

But don't get it if you aren't going to pay it off every month.

Think of it as a 5% discount card for Amazon and Whole Foods, not as a credit card.
I'll echo what's been said. It's great for amazon.com purchases.  
Ira : 1/11/2019 9:16 am : link
But pay it off each month.
RE: RE: Prob  
moze1021 : 1/11/2019 9:22 am : link
In comment 14257987 I Love Clams Casino said:
Quote:
In comment 14257985 superspynyg said:


Quote:


For 6 months to a year it is.



and is that contingent upon the customer paying in full? or does it go to a certain percentage whether you pay in full or not?



Go here...

https://www.amazon.com/Credit-Cards/b?ie=UTF8&node=1266766011

My experience is with the Amazon Prime Rewards Visa:

1) There is not, nor is there ever, any 0% interest promo periods with this card.
2) Sometimes, there is a $X credit offer when signing up and making a purchase on Amazon for the card... not sure if that is active right now. If it is, you will see it in your Amazon cart whenever you are going to make a purchase
3) I have credit score in the 800s and my APR on the Prime Visa is 16.49% on purchases
4) Just like any credit card, all you have to do is pay the full statement balance by the due date every month and you will never pay interest.
5) Amazon will always try to get you to use your cash back points to make purchases on Amazon.com. Don't do this. Use the cash back for credit card statement credit or get the cash. If you use the credit on Amazon.com purchases, you lose the 5% cash back on those purchases.

for example.. if you have $100 in cash back credit on your Prime Visa and are making a purchase on Amazon.com for a $100 item, you would be foolish to use the $100 credit for the item. Instead, charge the $100 to your card, request $100 statement credit from your cash back balance, then you will get $5 cash back credit from the $100 card purchase... make sense?

Amazon Prime Rewards Visa (Chase)  
ij_reilly : 1/11/2019 9:32 am : link
As mentioned several times already.

This card has worked out really well for me. I use it only for Amazon purchases (I don't go to Whole Foods) and it works as a 5% discount. I have the rewards setup to automatically apply to Amazon purchases.

As long as I
1. Pay the entire balance off; do NOT carry a balance
2. Do not buy stuff that I wasn't planning to buy because it's "free"

then this card saves me 5% off a large portion of my domestic expenses, because I use Amazon in a big way.
Ah, I missed point 5 above my previous post  
ij_reilly : 1/11/2019 9:34 am : link
Duh. That's a great point. Logging on Amazon now to NOT use the cash towards Amazon purchases.
Also  
Jim in Fairfax : 1/11/2019 10:43 am : link
You get 2% back on Restaurants, Gas and drugstores. So itís good to use there unless you have a card with a better cash back reward.
What we do  
Gman11 : 1/11/2019 11:20 am : link
is we pay for everything with the credit card. And, I mean everything. Then we write one big check at the end of the month to pay off the credit card. We get a bunch of rewards points for buying things that most people pay cash or checks for. It's like getting a discount for everything you buy.
RE: What we do  
moze1021 : 1/11/2019 11:37 am : link
In comment 14258223 Gman11 said:
Quote:
is we pay for everything with the credit card. And, I mean everything. Then we write one big check at the end of the month to pay off the credit card. We get a bunch of rewards points for buying things that most people pay cash or checks for. It's like getting a discount for everything you buy.


Next step... save yourself the paper check, envelope, and stamp and pay your bill online ;)
RE: What we do  
MetsAreBack : 1/11/2019 11:48 am : link
In comment 14258223 Gman11 said:
Quote:
is we pay for everything with the credit card. And, I mean everything. Then we write one big check at the end of the month to pay off the credit card. We get a bunch of rewards points for buying things that most people pay cash or checks for. It's like getting a discount for everything you buy.


This isn't unique. Use of cash and especially checks have declined at an astronomical rate over the last 5-10 years. FYI as the economy slows expect banks and many of these cards issuers to scale back rewards programs.
I have one  
Beer Man : 1/11/2019 12:51 pm : link
I can't tell you the interest because I pay it off each month and don't know. I used it to pay for most everything, and I do most of my home purchases through Amazon. The Cash back adds up quickly. I love it.
Amazon Has Another Prime Card  
Samiam : 1/11/2019 2:22 pm : link
I donít know the name offhand. Itís through Synchrony Bank. Itís only good for purchases from Amazon online so itís not really a physical credit card. It pays 5% off any Amazon purchase. But, it canít Be used at Whole Foods. Iím not sure of the Amazon food delivery from Whole Foods; we donít shop there. One advantage it has over the Amazon credit card youíre talking about is that instead of the 5% reduction, for purchases costing above a certain amount, you can elect to not pay for 6 months. Iíve never done that but itís in the information about the card.
RE: I have one  
RinR : 1/11/2019 2:34 pm : link
In comment 14257994 Gman11 said:
Quote:
I think the APR is like 16%, but I pay it off every month so I've never paid interest. I like the rewards points that it gives you. I had a Capital One card and the rewards points were shit so I switched to the Amazon card.


I have the Capital One Venture card and it is rewards are fantastic if you travel. 2X for each $1 and you can fly and stay wherever you whenever you want.

RE: RE: What we do  
Gman11 : 1/11/2019 2:41 pm : link
In comment 14258240 moze1021 said:
Quote:
In comment 14258223 Gman11 said:


Quote:


is we pay for everything with the credit card. And, I mean everything. Then we write one big check at the end of the month to pay off the credit card. We get a bunch of rewards points for buying things that most people pay cash or checks for. It's like getting a discount for everything you buy.



Next step... save yourself the paper check, envelope, and stamp and pay your bill online ;)
Well, we do, but basically what the bank does is send a check.
RE: RE: I have one  
Gman11 : 1/11/2019 2:43 pm : link
In comment 14258590 RinR said:
Quote:
In comment 14257994 Gman11 said:


Quote:


I think the APR is like 16%, but I pay it off every month so I've never paid interest. I like the rewards points that it gives you. I had a Capital One card and the rewards points were shit so I switched to the Amazon card.



I have the Capital One Venture card and it is rewards are fantastic if you travel. 2X for each $1 and you can fly and stay wherever you whenever you want.


I had the Venture Card, but in order to get 2 for 1 you had to have the card with the annual fee. If you have the card with no annual fee you only get 1.25. Then when you redeem your points instead of getting a penny a point all they give you is half a penny. All-in-all, not worth it.
RE: RE: RE: I have one  
Jim in Fairfax : 1/11/2019 4:02 pm : link
In comment 14258613 Gman11 said:
Quote:


I had the Venture Card, but in order to get 2 for 1 you had to have the card with the annual fee. If you have the card with no annual fee you only get 1.25. Then when you redeem your points instead of getting a penny a point all they give you is half a penny. All-in-all, not worth it.


Capital One Quicksilver is a good choice. 1.5% cash back on everything with no annual fee. Also no foreign transaction fees.
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