topic Re: Amazon Pay By Invoice in Business Credit

Amazon Pay By Invoice

B335is — Sun, 30 Apr 2017 00:08:41 GMT

Got an invite to my biz email to apply for Amazon pay by invoice (net 30 terms) this week. This isn't the standard Amazon Business credit line through Synchrony. I clicked the link and entered some basic information (EIN, monthly spend on Amazon, etc...). A few hours later they notified me I was approved for the exact amount I entered for monthly spend ($5k). Once I completed the registration it appears payments are remitted to Wells Fargo. Is anyone else familiar with this credit option? I tried to find an actual link to apply through Amazon and Google and haven't found anything.

Re: Amazon Pay By Invoice

mattmyFIC0 — Sat, 29 Apr 2017 13:30:03 GMT

This is the first I've heard of anything through wells fargo for amazon. I have the revolving through sync and I've heard of the net 55 of course.

Re: Amazon Pay By Invoice

B335is — Sun, 30 Apr 2017 00:07:44 GMT

@mattmyFIC0 wrote:
This is the first I've heard of anything through wells fargo for amazon. I have the revolving through sync and I've heard of the net 55 of course.

I took a couple screenshots. I think they may send these invites out once your Amazon Business account is active:

Re: Amazon Pay By Invoice

mattmyFIC0 — Sun, 30 Apr 2017 13:51:03 GMT

I've seen several banners for me to convert my account to a business account but I don't want to convert my personal amazon account to a business one even though it is dual purpose currently. Did you have to create two separate accounts to start the business one?

Re: Amazon Pay By Invoice

B335is — Sun, 30 Apr 2017 21:24:54 GMT

@mattmyFIC0 wrote:
I've seen several banners for me to convert my account to a business account but I don't want to convert my personal amazon account to a business one even though it is dual purpose currently. Did you have to create two separate accounts to start the business one?

I originally just opened a standard account and took the offer to convert to a business account.

Re: Amazon Pay By Invoice

Anonymous — Tue, 02 May 2017 19:56:14 GMT

Interesting B. I did some digging and looks like this is by invitiation only at this point. I haven't seen an invite for my AmazonBusiness or DGF's account. I'll have to keep an eye out to see if I get one.

Re: Amazon Pay By Invoice

Anonymous — Wed, 07 Jun 2017 00:00:51 GMT

My companies Amazon Business account just received this offer today. We indicated our spend is about $10,000 a month and that's what was approved in a few hours. We don't use our Business account much. Not sure what they're targeting.

Re: Amazon Pay By Invoice

ecb — Thu, 08 Jun 2017 12:41:26 GMT

How long after converting to business account did it take to get the email?

I converted ours yesterday.

Re: Amazon Pay By Invoice

Anonymous — Thu, 08 Jun 2017 14:00:09 GMT

@ecb wrote:
How long after converting to business account did it take to get the email?

I converted ours yesterday.

This account was opened less than 6Mo ago, it's signed up for Vendor Express and made a few purchases.

Re: Amazon Pay By Invoice

ecb — Thu, 08 Jun 2017 13:59:28 GMT

Thanks for the info. We've had that account since 2010 so will be waiting to see if we get the invite

Re: Amazon Pay By Invoice

CreditUnionFan — Sun, 18 Jun 2017 11:20:34 GMT

@ecb wrote:
Thanks for the info. We've had that account since 2010 so will be waiting to see if we get the invite

I haven't received an invite either, but I still have the Chase Business Amazon Visa, no longer offered. I think the end may be near for the Chase Business Amazon card with the recent redesign of the consumer card. Sure, I could use another Ink Cash card, lol.

Re: Amazon Pay By Invoice

Anonymous — Fri, 23 Jun 2017 12:03:28 GMT

Has anyone actually placed an order via pay by invoice and confirmed whether or not it reports?

Re: Amazon Pay By Invoice

elim — Fri, 23 Jun 2017 12:15:03 GMT

I want one! My biz will be on the books soon enough. Still just putting in 20 hrs a day to make it happen, lol.

Congrats, Love a nice Charge card. :]

Re: Amazon Pay By Invoice

B335is — Sat, 24 Jun 2017 00:33:42 GMT

@Anonymous wrote:
Has anyone actually placed an order via pay by invoice and confirmed whether or not it reports?

Yes, I made a $50 purchase with it. The interface is goofy when you configure your account to actually get it to work right so I would definitely recommend watching the instructional video. It hasn't reported to my personal CR.

Re: Amazon Pay By Invoice

Anonymous — Sat, 24 Jun 2017 01:10:27 GMT

can anyone confirm whether or not it reports to any business credit report?

Re: Amazon Pay By Invoice

pizza1 — Fri, 30 Jun 2017 12:43:57 GMT

Nice job B!! Congrats on the new acct!

Re: Amazon Pay By Invoice

Anonymous — Mon, 05 Feb 2018 16:36:59 GMT

Hey guys, looking for updates on this. Did anyone see this Amazon Net 30 account report on your business? If so, where? It now pops up as an option when I go to make purchases on Amazon, so I'd love feedback before I move forward. THX!

Re: Amazon Pay By Invoice

Anonymous — Mon, 05 Feb 2018 16:55:24 GMT

It does not report.