topic Re: Sallie Mae bookstore question in Credit Cards

Sallie Mae bookstore question

kdm31091 — Mon, 29 Dec 2014 01:01:12 GMT

I've read a lot of people say the Sallie Mae's bookstore 5% category extends to include Amazon. This is probably a dumb question, but does that mean anything you buy on Amazon is 5%, or is it just purchases of books? If it means you can make any Amazon purchase (well up to the cap anyway) for 5% back, that makes Sallie Mae seem even better IMO! It's one of the cards I'd like to get at some point. I buy stuff on Amazon sometimes, but rarely books.

Re: Sallie Mae bookstore question

jsucool76 — Mon, 29 Dec 2014 01:02:20 GMT

@kdm31091 wrote:
I've read a lot of people say the Sallie Mae's bookstore 5% category extends to include Amazon. This is probably a dumb question, but does that mean anything you buy on Amazon is 5%, or is it just purchases of books? If it means you can make any Amazon purchase (well up to the cap anyway) for 5% back, that makes Sallie Mae seem even better IMO! It's one of the cards I'd like to get at some point. I buy stuff on Amazon sometimes, but rarely books.

Everything on amazon counts, since it is all processed under the same payment category.

Re: Sallie Mae bookstore question

kdm31091 — Mon, 29 Dec 2014 01:04:25 GMT

That's awesome!

Re: Sallie Mae bookstore question

CreditMagic7 — Mon, 29 Dec 2014 01:07:44 GMT

@kdm31091 wrote:
That's awesome!

YES IT IS!!! Especially if you're a Amazonholic like me

Re: Sallie Mae bookstore question

Gunnar419 — Mon, 29 Dec 2014 01:07:54 GMT

Yep, totally, totally BEYOND awesome!

To clarify, everything purchased from Amazon and Amazon Marketplace sellers earns the 5% on Sallie Mae. Certain other Amazon-related things don't. Prime membership, for instance, and Amazon payments don't get the bonus. But you can be confident that any products you buy on Amazon will. Great, isn't it?

Re: Sallie Mae bookstore question

jsucool76 — Mon, 29 Dec 2014 01:09:55 GMT

@Gunnar419 wrote:
Yep, totally, totally BEYOND awesome!

To clarify, everything purchased from Amazon and Amazon Marketplace sellers earns the 5% on Sallie Mae. Certain other Amazon-related things don't. Prime membership, for instance, and Amazon payments don't get the bonus. But you can be confident that any products you buy on Amazon will. Great, isn't it?

That sucks. Gotta get those amex cards for the free year of prime.

Re: Sallie Mae bookstore question

CreditMagic7 — Mon, 29 Dec 2014 01:10:53 GMT

No wonder Barclays is making me sweat it out before finally (hopefully) landing that puppy. I been burning up the Synchrony Amazon card, PIF, rinse and repeat! but with no rewards that compare with Sallie girl

Re: Sallie Mae bookstore question

Anonymous — Mon, 29 Dec 2014 01:12:16 GMT

Not everything on Amazon counts as books. Digital game purchases do not count. All physical goods count as books.

Re: Sallie Mae bookstore question

kdm31091 — Mon, 29 Dec 2014 01:41:52 GMT

Well, I can understand them not including prime membership or digital purchases, but including any physical purchase is pretty sweet! The cap for this is 750/month, correct?

Re: Sallie Mae bookstore question

Anonymous — Mon, 29 Dec 2014 01:43:16 GMT

Correct

Re: Sallie Mae bookstore question

TRC_WA — Mon, 29 Dec 2014 02:09:11 GMT

Between gas... groceries and Amazon I will make good use of my new $6700 Sallie Mae.

Re: Sallie Mae bookstore question

Anonymous — Mon, 29 Dec 2014 12:08:36 GMT

@Anonymous wrote:
Not everything on Amazon counts as books. Digital game purchases do not count. All physical goods count as books.

There have been exceptions to this, with physical things counting as Computer Services. Some experienced this buying, for example Whole Foods gift cards, which are physically sent to you, sometimes they were books, sometimes not.

But given that "most" times you get 5%, the odd time you might get 1% doesn't prevent this a great cad for Amazon.

Re: Sallie Mae bookstore question

Anonymous — Mon, 29 Dec 2014 12:13:27 GMT

It would be wrong to buy anything other than books with this category.

Re: Sallie Mae bookstore question

Anonymous — Mon, 29 Dec 2014 12:37:33 GMT

@Anonymous wrote:
It would be wrong to buy anything other than books with this category.

True! I hope that there are managers at book stores who look carefully at people using the Sallie Mae: "That set of pens. Not really a book is it? Yes, technically a bookstore purchase, but seems a bit scammy, so I am not going to allow it."

Re: Sallie Mae bookstore question

jsucool76 — Mon, 29 Dec 2014 12:38:04 GMT

Yes. What Nixon said. That is MS to do anything otherwise and chase will surely close your sallie Mae account.

Trololololololololololololol

Re: Sallie Mae bookstore question

Gunnar419 — Mon, 29 Dec 2014 12:50:15 GMT

Oh look. It's the Mean Boys of the in crowd ganging up on the n00b. How very, very high school.

Re: Sallie Mae bookstore question

mitchblue — Mon, 29 Dec 2014 12:58:20 GMT

MS, makes sense.

Big Amazon shopper..need this card.

Re: Sallie Mae bookstore question

Anonymous — Mon, 29 Dec 2014 12:57:22 GMT

@mitchblue wrote:
@kdm31091 wrote:
That's awesome!
That is awesome. Every year I have 90-100 orders through Amazon with multiple items in some of those orders. Man, I need that card.

Just remember the monthly cap. Now if some months you are under and others you are over: on months where you are under the cap, you can buy amazon gift cards (on Amazon) with the SM, and use those to supplement when the $750 cap is reached.

Re: Sallie Mae bookstore question

mitchblue — Mon, 29 Dec 2014 12:59:46 GMT

@Anonymous wrote:
@mitchblue wrote:
@kdm31091 wrote:
That's awesome!
That is awesome. Every year I have 90-100 orders through Amazon with multiple items in some of those orders. Man, I need that card.
Just remember the monthly cap. Now if some months you are under and others you are over: on months where you are under the cap, you can buy amazon gift cards (on Amazon) with the SM, and use those to supplement when the $750 cap is reached.

I'm not a gift card guy. Cap or not, I'm buying on Amazon regardless..so this card would help..

Re: Sallie Mae bookstore question

Anonymous — Mon, 29 Dec 2014 13:09:16 GMT

Sounds like you are allergic to the words "gift cards". This is nothing remotely unusual. Amazon gift cards inj your shopping cart to add to your own account on Amazon for Amazon purchases. Just helps you get the full $750 per month benefit if some months you spend more and others you spend less.