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Epic Contributor
Posts: 29,434
Registered: ‎10-23-2007

Amazon Pay by Invoice Approved

I received an email yesterday inviting me to apply... went online and submitted and a few hours later received an email congratulating me:

 

Congratulations. Your Pay by Invoice account for XXX has $10,000.00 of available credit with terms of Net 30.

 

Now what am I suppose to do with it and what's the point! lol

Wish it was revolving!

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Moderator
Posts: 9,892
Registered: ‎09-22-2012

Re: Amazon Pay by Invoice Approved

It's a pain in the rear. You have to send payment EFT or mail a check. I forgot the invoice number on the memo on my first payment and by the time I got it corrected it was going to post too late. The invoices generate immediately after you submit the purchase, Sync Net55 is so much better.
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Super Contributor
Posts: 9,782
Registered: ‎07-17-2013
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Re: Amazon Pay by Invoice Approved

Nice approval CA! Congrats on the CL tooSmiley Happy
(BK7 d/c-08/2013/FICO-400's)---> 07/2017 FICO- EQ-669, TU-676, EX-681
Scores being held down by tons of INQ/New acts Smiley Wink
New Visitor
Posts: 2
Registered: ‎09-14-2017

Re: Amazon Pay by Invoice Approved

Well it's a been a few years. Has these Net 30 accounts helped??


pizza1 wrote:
Nice approval CA! Congrats on the CL tooSmiley Happy

 

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Super Contributor
Posts: 9,782
Registered: ‎07-17-2013
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Re: Amazon Pay by Invoice Approved

[ Edited ]

NotMyCupOfTea wrote:

Well it's a been a few years. Has these Net 30 accounts helped??


pizza1 wrote:
Nice approval CA! Congrats on the CL tooSmiley Happy

 


So sorry NMCUT....But, Im not understanding your question to me?? Unless youre referring to my post in biz a few  years back about wanting to start up a business and starting credit??

 

If so, I never did too much with my small biz....yet....and I never tried for any biz credit either.  I decided that when Im ready, Im going straight for AMEX biz card sometime late 2018/early2019, and if unable to get one then, Ill try for Cap1 spark classic...Im not messing around with the 30 net stuff.  I dont want a bunch of biz credit, just one or two cards and thats it. 

 

BTW...Welcome to the forums!! Smiley Happy

(BK7 d/c-08/2013/FICO-400's)---> 07/2017 FICO- EQ-669, TU-676, EX-681
Scores being held down by tons of INQ/New acts Smiley Wink
New Visitor
Posts: 2
Registered: ‎09-14-2017
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Re: Amazon Pay by Invoice Approved


pizza1 wrote:

NotMyCupOfTea wrote:

Well it's a been a few years. Has these Net 30 accounts helped??


pizza1 wrote:
Nice approval CA! Congrats on the CL tooSmiley Happy

 


So sorry NMCUT....But, Im not understanding your question to me?? Unless youre referring to my post in biz a few  years back about wanting to start up a business and starting credit??

 

If so, I never did too much with my small biz....yet....and I never tried for any biz credit either.  I decided that when Im ready, Im going straight for AMEX biz card sometime late 2018/early2019, and if unable to get one then, Ill try for Cap1 spark classic...Im not messing around with the 30 net stuff.  I dont want a bunch of biz credit, just one or two cards and thats it. 

 

BTW...Welcome to the forums!! Smiley Happy


 Thanks. I wonder how many people actually end up using their Net 30 or paydex once it has good credit.

Are you talking just a regular AMEX busines card? That shouldn't be to hard to get if you have good credit. I got mine with a 690 credit score. 

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Super Contributor
Posts: 9,782
Registered: ‎07-17-2013
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Re: Amazon Pay by Invoice Approved


NotMyCupOfTea wrote:

pizza1 wrote:

NotMyCupOfTea wrote:

Well it's a been a few years. Has these Net 30 accounts helped??


pizza1 wrote:
Nice approval CA! Congrats on the CL tooSmiley Happy

 


So sorry NMCUT....But, Im not understanding your question to me?? Unless youre referring to my post in biz a few  years back about wanting to start up a business and starting credit??

 

If so, I never did too much with my small biz....yet....and I never tried for any biz credit either.  I decided that when Im ready, Im going straight for AMEX biz card sometime late 2018/early2019, and if unable to get one then, Ill try for Cap1 spark classic...Im not messing around with the 30 net stuff.  I dont want a bunch of biz credit, just one or two cards and thats it. 

 

BTW...Welcome to the forums!! Smiley Happy


 Thanks. I wonder how many people actually end up using their Net 30 or paydex once it has good credit.

Are you talking just a regular AMEX busines card? That shouldn't be to hard to get if you have good credit. I got mine with a 690 credit score. 


Its hard to get with a BK less than 5 yrs showing on your reports Smiley Wink

(BK7 d/c-08/2013/FICO-400's)---> 07/2017 FICO- EQ-669, TU-676, EX-681
Scores being held down by tons of INQ/New acts Smiley Wink
Established Contributor
Posts: 624
Registered: ‎06-27-2015
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Re: Amazon Pay by Invoice Approved

And here I was going to do it. I have the NET 55 and the Revolver. I don't think I need this, too.

Starting 11/14 EQ 498 EX 514 TU 507 | Current 4/10 EQ 651 EX 697 TU 692 | Util 11% | Personal Credit - $97,540 | Business Credit - $71,100

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