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Should I app for Amazon?

Valued Member

Should I app for Amazon?

Early next month I'll hit the 6 month mark and will generate my first score. I'd like to make a purchase through amazon and I was wondering if I'd be approved for their cc. It's GE backed correct?

I have a secured cap1 (300) and a non secured cap1 (500) and 1% utilization. And 6+ inquiries depending on what they pull.

Thanks!
Message 1 of 17
16 REPLIES
Senior Contributor

Re: Should I app for Amazon?

They generally pull TU.

 

Good luck!



Zero percent financing is where the devil lives...

10/01/17 Fico8 scores: EX 660, EQ 647, TU 663
Message 2 of 17
Valued Contributor

Re: Should I app for Amazon?


jon17brown wrote:
Early next month I'll hit the 6 month mark and will generate my first score. I'd like to make a purchase through amazon and I was wondering if I'd be approved for their cc. It's GE backed correct?

I have a secured cap1 (300) and a non secured cap1 (500) and 1% utilization. And 6+ inquiries depending on what they pull.

Thanks!

www.whogavemecredit.com

5/2012: 560 credit scores across the board
12/2014 750+
3/2017 780+
5/2017 800+
Message 3 of 17
Regular Contributor

Re: Should I app for Amazon?


jon17brown wrote:
Early next month I'll hit the 6 month mark and will generate my first score. I'd like to make a purchase through amazon and I was wondering if I'd be approved for their cc. It's GE backed correct?

I have a secured cap1 (300) and a non secured cap1 (500) and 1% utilization. And 6+ inquiries depending on what they pull.

Thanks!

The Amazon.com Store Card is backed by GE Money.

 

The Amazon.com Rewards Visa Card is backed by Chase.

 

One is a store card and one is a credit card.

Message 4 of 17
Valued Member

Re: Should I app for Amazon?

If i app for the CC will they counter with a store card offer if i dont qualify? Otherwise I'll app for the store card since TU has the least amount of inq.
Message 5 of 17
Mega Contributor

Re: Should I app for Amazon?


jon17brown wrote:
If i app for the CC will they counter with a store card offer if i dont qualify? Otherwise I'll app for the store card since TU has the least amount of inq.

There is no counteroffer. The VISA is backed by Chase, the store card is backed by GE. I would go for the store card, Chase would deny you for limited credit history.




EQ FICO 548 3/3/16
Message 6 of 17
Valued Contributor

Re: Should I app for Amazon?


LS2982 wrote:

jon17brown wrote:
If i app for the CC will they counter with a store card offer if i dont qualify? Otherwise I'll app for the store card since TU has the least amount of inq.

There is no counteroffer. The VISA is backed by Chase, the store card is backed by GE. I would go for the store card, Chase would deny you for limited credit history.


+1 GE card has better CLI policy for your stage of credit.  IE. soft based CLI every 4 or 6 months.

               LIMITS IN CARD DESCRIPTIONS
Message 7 of 17
Valued Member

Re: Should I app for Amazon?

Ok so store card it is. Do I have a good chance of getting approved?
Message 8 of 17
New Contributor

Re: Should I app for Amazon?


jon17brown wrote:
Ok so store card it is. Do I have a good chance of getting approved?

Do you have any baddies on your credit report besides the numerous inquiries?

Amex Blue 22.7k // Chase Freedom 24.2k // Chase Sapphire preferred 10.7k // Amex Starwood preferred Guest 5k // BofA Cash Rewards Visa 5k // BofA Cash Rewards MC 5k // Discover More 4.2k // Dell Financial Services 7k
Exp 787 // Equifax 784 // Transunion 780
Message 9 of 17
Valued Member

Re: Should I app for Amazon?

Nope. All clean. Took 7 yrs but all clean.
Message 10 of 17