Like the title states?
Well, the store card gets you 6/12/24 month financing for purchases while the visa gives you 3 reward points per dollar spent at amazon (and 2 or 1 points elsewhere).
Oftentimes those who are in need of financing for consumer products outside of big-ticket long-term purchases like cars, houses, and home renovation don't really have enough volume outside of these fincanced items for the 3 reward points to make much of a difference. I'd go through my order report of the year before and use that to decide if it would be worth it.
That said, no, I don't have these cards. I don't need the financing and I use the Citi Forward for rewards at amazon.
I have both, but rarely use the store card anymore. The only time it beats the Visa, is if you finance more than six months. Otherwise, keeping the money in a savings account will earn 3% for six months which is the same as the Visa. Twelve months will earn 6% though, so then, the store card is better.
Got the amazon chase card as the third card for my app spree. 2 months later decided having a store cardghat has grown will save me quite a bit 6-9 months from now to make some 12 months financed purchases before a few states start charging sales tax. So I took the hit there. I also got the citi forward and use that over the chase amazon. 0%. And 5 Ty points vs 3 points and 18%. I get reimbursed for somespur chases and it can take up to 8 to 9 weeks so .
Sorry for any typing errors, iPad autocorrect is kicking my butt with these forums and making more errors.
For the financing to be better than the 3% instant reward (if you already have the money and can put it in a savings account), that requires a savings account with more than 3% interest for the financing period. For the half year financing period, that would be 6.1% per year and for the 12 month financing it would be 3%.For the 24 months items, it's still 1.48%.
Hardly any bank is giving more than 1% per year for any sizable amount of money in savings accounts right now: https://www.google.com/advisor/ussavings?kw=12+month+cd&q=12+month+CD&s=1&gclid=CLG6oIaFtrMCFS6CQgod...
A 12 months CD tops out at 1.1% right now: https://www.google.com/advisor/uscd?bsp=1&s=1&kw=12%20month%20cd&group=GenericRadio&gclid=CLG6oIaFtr...
Do you seriously have a savings account that gives substantially more than 1% for anything but a toy amount of money?
have had both for several years
Just have the GE card. No need or desire to have the Chase version. I'm keeping my exposure to each lender to the minimum. I enjoy the 6/12/24 months 0% financing and the 4mos SP CLIs