topic Re: Amazon Store Card Approved! in Credit Card Approvals

Amazon Store Card Approved!

SuperFlyEDSguy — Sun, 21 Aug 2022 01:30:52 GMT

I decided to try my luck at the Amazon Prime Store Card as the 5% Cashback really adds up!

When deciding whether I would try for this card or the Visa Signature, it came down to the preapproval as I got preapproved each time for the Store Card, however the Visa Signature card would not find my credit profile when attempting to preapprove. Too risky!

Additionally, I am pushing it with HPs as I've used countless HPs to rebuild over the past couple of years. Though some of my numbers are insane, I was able to go from a Capital One Platinum to an AMEX Gold Card in those 24-months — so it was worth it — now to the garden!!!

I am satisfied that I made the safer choice at this particular juncture!

My approval particulars:

Starting Credit Line... $2.5K

Amazon Gift Card Bonus... $60

Annual Fee... $0

APR... 26.24%(v)

Datapoints:

FICO8: EX: 667 TU: 710 EQ: 695

Total Inquiries: EX: 15 TU: 22 EQ: 7
AAoA: 2-Years, 4-Months

Oldest: 17-Years Student Loan (PAID)
Approved? Yup!
Credit Limit: $2,500

Derogatories: BK7, 5.5 Years Ago, Discharged. NO Delinquents.
Last Late: 6+ Years Ago

Times Late in Last 7 Years: 2

Utilization: ~8%

New Accounts, Past 12-Months: 9, including this card

Total Number of Accounts: 20 Open, 6 Closed

That about sums it up! Now, seriously, off to the garden!

Re: Amazon Store Card Approved!

nytokyobred79 — Sat, 20 Aug 2022 03:09:00 GMT

@SuperFlyEDSguy Congratulations on your Amazon Store card approval 😊

Re: Amazon Store Card Approved!

CreditAggie — Sun, 21 Aug 2022 03:20:25 GMT

Congratulations on your Amazon Store Card approval!

Re: Amazon Store Card Approved!

KingRue8500 — Sun, 21 Aug 2022 11:27:05 GMT

Congrats on your Amazon Store Card approval

Re: Amazon Store Card Approved!

outofcredit — Sun, 21 Aug 2022 16:07:20 GMT

@SuperFlyEDSguy, congrats on your Amazon store card. I love my Amazon card, I use it at least a couple times a week. I think I love it too much Enjoy the 5% rewards, special financing etc. Just don't enjoy it too much...it's addictive!

Re: Amazon Store Card Approved!

SDMarik — Sun, 21 Aug 2022 16:27:52 GMT

Congrats on the Amazon store card approval! That 5% definately adds up!

Re: Amazon Store Card Approved!

ElizabethKate — Sun, 21 Aug 2022 16:45:44 GMT

Well done! 👏🏼🤩

Gosh, you're so thorough in providing all your DPs and your journey, you can really see how committed you are. Really appreciate you sharing all the info 🙏🏼

Re: Amazon Store Card Approved!

cashorcharge — Sun, 21 Aug 2022 17:41:52 GMT

WooHoo!! Congratulations on your Amazon Approval!!👏🏼🍾🥂

Re: Amazon Store Card Approved!

SuperFlyEDSguy — Tue, 23 Aug 2022 04:19:38 GMT

@outofcredit Shopping at Amazon is addictive, super convenient, but highly addictive! We use Prime for just about everything since 80% of the stuff we need will be here the next day, 15% in two days, and only the remaining 5% in three or rarely more days! By the time we would be able to take a trip to Walmart or Target locally, it's likely to already be here with Amazon. I mean we have Walmart and Target cards too, but Amazon gets the bulk of our shopping!

BTW, I'm so hyper-focused on rewards that I almost forgot about the special financing option! That'll go a long way once the holidays roll around! You're right, I will need to exercise some serious restraint and discretion with this card! 😂

Re: Amazon Store Card Approved!

SuperFlyEDSguy — Tue, 23 Aug 2022 04:26:47 GMT

@SDMarik The conspicuously placed reminder that constantly tells me how much "[I] would have saved... with the 5% Cashback!" was very likely the deciding factor! It was pretty close to $400 and we still have four months left to the year!!!

Re: Amazon Store Card Approved!

SuperFlyEDSguy — Tue, 23 Aug 2022 05:01:35 GMT

@ElizabethKate Many thanks!

After my BK, I realized that I had made the same mistakes more than once, but this time with a BK. I could say that the biggest factor leading to the BK was medical and eventhough that's 100% accurate, I needed to make some serious changes to ensure that it won't happen again. So, I made a commitment to learn the most I can about credit and personal finance, and figure out not only what I could be doing to prevent failure, but rather what I should be doing to thrive! 👍

I realized that since having to retire early from this disability sneaking up on me, that I am bringing in far less money than I likely ever have in my adult life, yet my credit has never been so good! 🤔 I said in another comment recently how getting my own AMEX (charge card) was a personal goal of mine and after 43-years on this Earth I finally have a Gold Card! That's not to mention the several other AMEX or AMEX-branded cards!

I'm now moving into year three of my rebuild and this year will be all about streamlining, basically cutting out what I don't need, while gardening and working on SP CLIs exclusively. So, looking back, it's been an eventful couple of years and I'm excited to see where I could take my scores in the next 12-months. I just try to remind myself that it's a marathon, not a sprint!

That being said, thank you for recognizing the hard work and commitment. It's becoming second nature now, so I tend to forget how easy it was to mess up my credit in the very first place! 😂

I will try to share as many DPs as I can realizing just how helpful they could be. I also save details regularly so I could see my numbers throughout my journey on a single spreadsheet. Please feel free to ask if you need DPs on any of my other cards. I likely have some solid info to share!

Thanks again! 😊

Re: Amazon Store Card Approved!

babygirl1256 — Tue, 23 Aug 2022 06:11:08 GMT

Congrats on your Amazon Store Card approval.

Re: Amazon Store Card Approved!

NoMoreE46 — Wed, 24 Aug 2022 02:11:23 GMT

Congrats @SuperFlyEDSguy. This card is a no-brainer for Prime members; I have enjoyed my Sync Prime Store card (not in my signature) for almost eight years. FYI, this card will typically max out at $10,000.

Re: Amazon Store Card Approved!

fullacrobat5 — Wed, 24 Aug 2022 02:35:27 GMT

Congratulations on your Amazon store card approval!

Re: Amazon Store Card Approved!

SuperFlyEDSguy — Wed, 24 Aug 2022 05:50:41 GMT

@NoMoreE46 Good to know though I don't think I could ever come close to using that much, however it would do wonders for my utilization! 😂

Prime is awesome, it's amazing how much value it packs, not to mention that it's likely saved me thousands of dollars in shipping over the years! The expedited shipping is probably the best part! The next best part is probably how easy it is to deal with returns or even customer service issues in general. They really do go out of their way to make sure that you're happy!

Thanks again! 👍

Re: Amazon Store Card Approved!

ElizabethKate — Wed, 24 Aug 2022 23:02:19 GMT

@SuperFlyEDSguy

When I read about your story and your commitment to your own self improvement as well as helping others I just feel the essence of this community coming through. This is how it should be, people openly sharing their challenges and successes to move us all forward faster.

I do hear also you on the marathon and not a sprint mindset! 😄 I too have to remind myself of that on this journey.

I look forward to hearing more about your credit adventures and cheering you on & thank you for sharing your inspiring story with me 🙏🏼

Re: Amazon Store Card Approved!

805orbust — Wed, 24 Aug 2022 23:06:17 GMT

Nice job, and nice rebuild!

Re: Amazon Store Card Approved!

MrDFinance — Wed, 24 Aug 2022 23:16:13 GMT

Congrats on the approval

Re: Amazon Store Card Approved!

SuperFlyEDSguy — Thu, 25 Aug 2022 05:44:55 GMT

@ElizabethKate Absolutely! I'm at that point now where I must have that mindset, I simply have too many HPs. It's true that I needed those HPs to go from not having one credit card in my wallet to having an AMEX Gold Card in 20-months, but (a) I ~~probably~~ could have used fewer HPs with similar results, yet I got overzealous at times, and (b) additional HPs are now guaranteed to do the opposite and cause cards that I should easily get to be declined because of too many HPs within too short a period. So, it'll be tough, but I'm gonna have to control that urge to try for new cards so I could play the points game better. It's going to be even tougher since I should do this for at least a year, but I'm hoping through December 31, 2023! [sic] 😬

I was actually going to reply to the first part of your comment, but wanted to share the why and not just the what behind my newly kicked-off adventure into gardening! You said it well, really well actually! When people come together and work towards a common goal without trying to one-up the next person, things get done exponentially better and faster too! The community mindset should be just that, humbly sharing those experiences with the next person because we all have a story! Some people may go through tougher times than others, but the truth is we could never really tell because what may seem trivial to one person could mean the proverbial end of the world to the next.

As for stories, there is never really any shame in one if it helps even one other individual in their own journey! Some people may be embarrassed about their BK and never speak of it, but if you acquired knowledge secondary to that BK and if that knowledge could help others prevent or help dig them out of their own mess, than to me at least there's a moral and ethical obligation to impart said wisdom so it may actually help. In the age of the Internet, we may not even know if we're helping other people as I'm certain a great many read the boards, but may never personally comment in them. I think it was at least three years before I joined and started commenting! So even if there's no tangible indication that someone is thankful for a tidbit of information that you shared, the very fact that you are sharing it for the right reasons should be satisfaction in its own right, and that's why I think the folks on this board are amazing!!! People here seem genuine, helpful, humble, and take the time out of their own lives to help complete strangers because they just want them to succeed in the same way. That's a powerful thought! It also goes to show the maturity level of those people who frequent these boards. Now that's a community that I'm proud to be a member of! 😊👍

It was my pleasure sharing and hopefully I will be able to share a lot more as I could fit these stories into a book! My ups and downs in life were either way up or way down, which at the very least makes for good stories, LOL! 😂

Be well. ✌️

Re: Amazon Store Card Approved!

SuperFlyEDSguy — Thu, 25 Aug 2022 05:47:04 GMT

Thank you very much!