topic Re: Amazon Visa Sig in Credit Card Approvals

Amazon Visa Sig

degs138 — Mon, 20 Feb 2017 20:03:38 GMT

Started using amazon a little more now that I have a prime membership. Got an offer for the Visa signature and was instantly approved for a 5k limit. I also got a $70 gift card i used for my purchase.

After I was approved I found out it was a Chase card. I was well over the 5/24 with chase. I was just approved for Chase Slate last month. So I'm sitting at 6/24 prior to apping for this card. I'm now at 7/24. I just wanted to get that out there for data point for people that use Chase. Seems like the 5/24 rule applys most of the time but if you're a good customer with solid credit they sometimes wave it.

Re: Amazon Visa Sig

Anonymous — Mon, 20 Feb 2017 20:08:12 GMT

Congrats on the Chase Amazon approval!

Instant approval must feel nice

Re: Amazon Visa Sig

fltireguy — Mon, 20 Feb 2017 20:10:26 GMT

Just remember, the Amazon Visa, AARP, Disney, and a few others are not subject to the 5/24.

Re: Amazon Visa Sig

fltireguy — Mon, 20 Feb 2017 20:10:42 GMT

Congrats

Re: Amazon Visa Sig

degs138 — Mon, 20 Feb 2017 20:45:06 GMT

I did not know that those were not subject to the 5/24. Is it co-branded cards that are not subject to the rule?

Re: Amazon Visa Sig

Anonymous — Mon, 20 Feb 2017 20:51:44 GMT

@degs138 wrote:
I did not know that those were not subject to the 5/24. Is it co-branded cards that are not subject to the rule?

Some cobranded cards are such as United, Southwest, and others, there are a select few that are not subject to 5/24.

Re: Amazon Visa Sig

injustifiiable — Mon, 20 Feb 2017 20:52:09 GMT

@degs138 wrote:
I did not know that those were not subject to the 5/24. Is it co-branded cards that are not subject to the rule?

Not necessarily...the United Explorer card is one co branded card that is subject to 5/24. They just get to pick and choose lol.

Re: Amazon Visa Sig

Anonymous — Mon, 20 Feb 2017 20:53:36 GMT

It's makes no sense how they decide which ones are and what ones aren't. Either way..... congrats. It's a great card to have now that they changed it last month.

Re: Amazon Visa Sig

Anonymous — Mon, 20 Feb 2017 21:05:26 GMT

@Anonymous wrote:
It's makes no sense how they decide which ones are and what ones aren't. Either way..... congrats. It's a great card to have now that they changed it last month.

Probably has something to do with their agreements with the cobranded partner, ie the cobranded partner saying we want more people to participate in our Hotel rewards program which would be the Ritz and now not offered Fairmont card.

Re: Amazon Visa Sig

Anonymous — Tue, 21 Feb 2017 00:19:38 GMT

You'd think chase would make that decision tho since they are the ones responsible for the debt. I can't think of a better explanation tho so maybe you are right

Re: Amazon Visa Sig

AverageJoesCredit — Tue, 21 Feb 2017 00:38:59 GMT

Congrats Op

Im abit confused on how you got an offer for the Visa signature and got approved but then found out it was a Chase card. I know when i applied for this Chase card, it was pretty prevalent on the app that i was applying for a Chase card. Just wondering if you could clarify that in case there may be another poster considering apping for Amazon and they understand there are two different banks.Thanks!!

Re: Amazon Visa Sig

degs138 — Tue, 21 Feb 2017 18:22:03 GMT

I apped on the Amazon web site when I was checking out. The Amazon logo was on the card and the Visa Signature was. I looked at the basics of the agreement. APR, AF, ect. I didn't scroll down to where it said chase. I've looked at this card a few times and seemed like a good card. Just did not really think it was chase.

Re: Amazon Visa Sig

degs138 — Tue, 21 Feb 2017 18:23:44 GMT

I went onto my agreement and the only thing that says anything about chase is one sentence that says:

For more information about Chase rewards categories, see www.Chase.com/RewardsCategoryFAQs.

Re: Amazon Visa Sig

Anonymous — Wed, 22 Feb 2017 00:21:18 GMT

That's Good News. Congratulations on your approval. Enjoy your new SL and use it wisely!

Re: Amazon Visa Sig

Anonymous — Sat, 24 Jun 2017 21:47:09 GMT

I read somewhere that the Chase 5/24 rule does not apply to co-branded cards. Perhaps that's why your Amazon Prime cad was approved?