Reply
Contributor
SnowBowl
Posts: 136
Registered: ‎01-24-2013
0

Amazon credit card

Alright  here we go but I was thinking about applying Amazon but its 2 different products  one is Amazon Visa which is  backed by Chase  while Amazon Card is backed by GECRB correct?  So once I submit it, they will check to see if you do qualify for a Amazon Visa 1st if not then it would go to Amazon Card but I am wondering if its  same hard pull ? not 2 pulls total  ( Chase 1st then if no good GECRB is next which counts 2nd HP ??? 


Starting Score: 680
Current Score: MyFICO 721 Credit Karma 692 Discover IT 698 WM 698 Discover 1K merrick bank 2.9K Juniper 4.6K Apple Visa 3.2K WM $1.4K and couple of other accounts I forget off hand.
Goal Score: 740 and a Visa Siggy 5K+ CL


Take the myFICO Fitness Challenge
Established Member
gheedorah
Posts: 75
Registered: ‎03-07-2011
0

Re: Amazon credit card

[ Edited ]

I opened an Amazon Visa a year and a half ago- as far as I'm aware, I only have one inquiry for it.

 

I believe it is as most places- if you can get the Amazon Chase (visa), they give you that, and if not, you get the Amazon in-store card. That may not still be the case, but I'd imagine it is.

Frequent Contributor
atarvuzdar
Posts: 375
Registered: ‎01-20-2012
0

Re: Amazon credit card

No, you either apply for the Chase Amazon or the Amazon store card. Separate applications and there is no booby prize of getting the Amazon store card if you don't qualify for the Chase Amazon.

Current: EQ 673 September2013 / TU 696 September2013 (Walmart)
Start: EQ 584 Feb2012 / TU 629 July2012

Wallet: BofA Cash Rewards Visa Sig $5000 / Lowe's $6000 / JCP $3900 / eBay MC $3200 / Barclaycard Rewards $2000 / Walmart $3300 / CapOne NHRC $2000 / CapOne Platinum #1 $2000 / Amazon $1700 / Discover It $1000 / CapOne Platinum #2 (former Orchard) $750 / Amex Zync $500 Autopay
Established Member
gheedorah
Posts: 75
Registered: ‎03-07-2011
0

Re: Amazon credit card

Oh must have changed then. As far as I recall, I just applied, and got an approval, and bought my stuff, and eventually my card came in the mail.

Established Contributor
NJTurnpike
Posts: 662
Registered: ‎02-20-2013
0

Re: Amazon credit card

The amazon store card and the chase amazon rewards card are two distinctly different product only linked by name. as mentioned before, they are backed by different financial institutions. The store card in my opinion is the better option if you're a heavy shopper on Amazon since you can then take advantage of 6, 12, and 24 month financing options quite easily. also, a high CL is very easy to get in a short period of time if you are a heavy amazon shopper.

 

The Chase Amazon card is a Visa card that can also be used anyone and has a rewards program with shopping on amazon being the only worthwhile part of the rewards program at 3% cash back.

 

Some people have both and use either depending on their repayment schedule.

 

consider your spend pattern now and in the future on amazon in helping you deicde which one to app for. you may even decide you would find both useful.


DCU ( pulled 3/29/13) EQ04 683 | Amex (pulled 3/28/13) EX 760 | US Bank (pulled 3/28/13) EX 753
CreditKarma (4/19/13) TU-TR 701 | TU Vantage 788 | USAA FAKO (3/31/13) EX 728, EQ 699, TU 737 |
Inquiries (4/18/13) EX 13 | EQ 13 | TU 14
Contributor
SnowBowl
Posts: 136
Registered: ‎01-24-2013
0

Re: Amazon credit card

Thanks, which one do you think its easier to get it at 5 years BK?  Amazon Visa thru Chase or most likely its gonna be Amazon Store Card?


Starting Score: 680
Current Score: MyFICO 721 Credit Karma 692 Discover IT 698 WM 698 Discover 1K merrick bank 2.9K Juniper 4.6K Apple Visa 3.2K WM $1.4K and couple of other accounts I forget off hand.
Goal Score: 740 and a Visa Siggy 5K+ CL


Take the myFICO Fitness Challenge
Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Amazon credit card

I'd go for the GECRB card, the store version.

I got approved with an initial cl of 1200 with a 672 TU fico.
Plus they ALWAYSoffer 0% on purchase for 6,12+ months dependent on the purchase price.
Just mho. GECRB is great with clis too. In a little over a year, I've gone from 1200-10000.
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Established Contributor
NJTurnpike
Posts: 662
Registered: ‎02-20-2013
0

Re: Amazon credit card


youngandcreditwrthy wrote:
I'd go for the GECRB card, the store version.

I got approved with an initial cl of 1200 with a 672 TU fico.
Plus they ALWAYSoffer 0% on purchase for 6,12+ months dependent on the purchase price.
Just mho. GECRB is great with clis too. In a little over a year, I've gone from 1200-10000.

I've only had it for 2 months and I've gone from $1.7k to $4k with heavy spending on it. In early May, I will once again ask for $10k CL. hopefully I'll join you in the 5 digit CL land with amazon soon enough.


DCU ( pulled 3/29/13) EQ04 683 | Amex (pulled 3/28/13) EX 760 | US Bank (pulled 3/28/13) EX 753
CreditKarma (4/19/13) TU-TR 701 | TU Vantage 788 | USAA FAKO (3/31/13) EX 728, EQ 699, TU 737 |
Inquiries (4/18/13) EX 13 | EQ 13 | TU 14
Established Contributor
kroberts67
Posts: 833
Registered: ‎03-04-2013
0

Re: Amazon credit card

With the store card, are these auto CLI's or did you request them?



FICO: EQ 722 | TU 723 | EX 718
SFFCU Visa $11.3k + LOC $5k, USAA Amex $6k, USAA MC $7k, Amex BCE $13.5k, Cap1 $4k, Freedom $5k, Slate $3.2k, Barclays SM $5k.

My Credit Repair Journey
Valued Contributor
boomhower
Posts: 1,863
Registered: ‎09-20-2011
0

Re: Amazon credit card

Very different cards for very different uses.  The Chase card is for cash back rewards.  The store card is for financing.  With the store card you can get 6 months 0% on pretty much any purchase $150+ and they do regular promotions for TV's, computers, etc at 12+ months.  Longest I think I've seen is 24 months.  Keep in mind these promos keep a running total of interest and if you don't pay it off you'll be hit with interest from day one so make sure you don't bite off more than you can chew.

 

The Amazon card is for rewards, i.e. cash back.  Since the demise of the Citi Forward card I believe it's the best choice for amazon purchases other than when the Freedom or Discover do 5% back occationally.

 


 

kroberts67 wrote:

With the store card, are these auto CLI's or did you request them?


Auto every four months but if your credit supports it you can call and talk to the underwriters for a larger increase. 


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}