topic Amazon Storecard and utilization? in Credit Cards

Amazon Storecard and utilization?

Anonymous — Sun, 26 Apr 2015 22:07:42 GMT

Hey guys I have a question regarding the amazon store card. I've been searching all over but I keep finding conflicting answers but does anyone know if the amazon store card gets reported to CB's and affect your credit utilization? I only ask because I've been trying to keep my total utilization at around 5% and so far it has been doing wonders for my credit score. Thanks for any input you guys have. Cheers.

Re: Amazon Storecard and utilization?

Anonymous — Sun, 26 Apr 2015 22:10:42 GMT

@Anonymous wrote:
Hey guys I have a question regarding the amazon store card. I've been searching all over but I keep finding conflicting answers but does anyone know if the amazon store card gets reported to CB's and affect your credit utilization? I only ask because I've been trying to keep my total utilization at around 5% and so far it has been doing wonders for my credit score. Thanks for any input you guys have. Cheers.

Yes it reports and affects your utilization.

Re: Amazon Storecard and utilization?

Anonymous — Sun, 26 Apr 2015 22:12:08 GMT

Yes it reports and affects your utilization.

Re: Amazon Storecard and utilization?

Anonymous — Sun, 26 Apr 2015 22:17:26 GMT

Ah thats a shame, was really hoping to take advantage of that zero interest 6 month installment. Thanks for the replies!

Re: Amazon Storecard and utilization?

Anonymous — Sun, 26 Apr 2015 22:20:19 GMT

@Anonymous wrote:
Ah thats a shame, was really hoping to take advantage of that zero interest 6 month installment. Thanks for the replies!

You still can take advantage of it. FICO scores have no memory when it comes to utilization. If you have a score drop due to higher utilization it will rebound as you pay the account down. Don't shy away because it reports

Re: Amazon Storecard and utilization?

pizza1 — Mon, 27 Apr 2015 00:06:53 GMT

+1 to everyone who said "yes", it reports.

Have you tried calling the BD# or using chat to get a CLI on the card?
theres a lot of folks who have been successful doing that. Tell them you have a big purchase and need to carry a balance, and want to take advantage of the "special financing" they are currently offering.

If you don't have luck on chat, call the BD# and visa versa...Good luck

Re: Amazon Storecard and utilization?

Anonymous — Mon, 27 Apr 2015 00:38:45 GMT

I would love to get a increase however my credit history is pretty horrible (2 delinquences) not to mention my AAoA is 1 year. I would have loved to purchase something for a friend that does not have the cash on hand for a new graphic card so I offered to put it on my card and they could pay me in installments for the 6 months. Thanks alot fellas, +1's all around.

Forgot to mention that I'm afraid of my utilization because I'm trying for a CLI on my Chase Freedom in about a month (7 months of on time PIF history) and my utilization seems to have a huge impact on my scores. I accidentally went over 10% a measly 10% utilization 1 month and my scores dropped 30 points across the board.

Re: Amazon Storecard and utilization?

Anonymous — Mon, 27 Apr 2015 01:32:38 GMT

For an unreported tradeline with 6-mos. interest-free, you can't beat PayPal Credit (or Bill Me Later or whatever they call it).