topic Re: Chase Amazon vs Store Card in Credit Cards

Chase Amazon vs Store Card

Anonymous — Thu, 06 Aug 2015 04:54:40 GMT

People get the Amazon cash back cards for cash back while shopping on Amazon -- we all know that.

However, if one is a prime member, what is the point of getting the Chase version that only offers 3% back?

The store card gives back 5% on statement credit and also has the possibility of offering financing options.

The 2% cash back (restaurant/gas) for the Chase can be replaced by other cards.

So what's the deal with everyone having two of these cards IF someone has prime?

Thanks for any responses!

Re: Chase Amazon vs Store Card

Anonymous — Thu, 06 Aug 2015 05:14:17 GMT

it's flat out pointless lol

Re: Chase Amazon vs Store Card

B335is — Thu, 06 Aug 2015 05:49:32 GMT

I have both. I've had both versions for years. The Chase card was worth it for the formerly bigger discount and Synchrony was worth it for large CLI and financing offers. With the recent changes the store card gets all of my Amazon spend. So I think a lot of people had the Chase version for years because at the time, it gave a better discount than the Store Card.

Re: Chase Amazon vs Store Card

Anonymous — Thu, 06 Aug 2015 06:24:49 GMT

Ahh I see now. What was the previous rewards structure?

@B335is wrote:
I have both. I've had both versions for years. The Chase card was worth it for the formerly bigger discount and Synchrony was worth it for large CLI and financing offers. With the recent changes the store card gets all of my Amazon spend. So I think a lot of people had the Chase version for years because at the time, it gave a better discount than the Store Card.

Re: Chase Amazon vs Store Card

Anonymous — Thu, 06 Aug 2015 06:35:54 GMT

I wish i had the store card and not the chase. I wasnt watching last summer when i got it.

The chase card gives 2% back in gas and drug stores, so if you're not one of the fortunate citi users, its an option to attack some saving potential there.. I was planning on parking my chase amazon but i do notice that with the plenti points (no laughing) at rite aid it still has a little value. I do spend 150-200 a month on amazon.

FINALLY someone on here who has both cards! I applied 2 times this year, one pre spree with 3 inquiries, and another time with more, and was denied. I guess i have hope next year.

Re: Chase Amazon vs Store Card

Anonymous — Thu, 06 Aug 2015 06:37:38 GMT

i have both and the chase amazon is SD'd for good lol.

Re: Chase Amazon vs Store Card

Anonymous — Thu, 06 Aug 2015 07:12:28 GMT

I didn't realize there was a Amazon "store" card. I only see the Visa credit card on their main page but was never impressed with it therefore i never gave it any thought. I wish i knew about the store card before i equipped my mom's home theater setup...

Re: Chase Amazon vs Store Card

Imperfectfuture — Thu, 06 Aug 2015 08:05:16 GMT

@Anonymous wrote:
i have both and the chase amazon is SD'd for good lol.

Move limit to freedom?

Re: Chase Amazon vs Store Card

onstar — Thu, 06 Aug 2015 08:11:42 GMT

@Imperfectfuture wrote:
@Anonymous wrote:
i have both and the chase amazon is SD'd for good lol.
Move limit to freedom?

Does Chase make you wait xx months before you can move limits?

My Chase Amazon is like 8 months old. Can I move limits to my Marriott which is 6 months old?

Back on topic, yeah, the Chase Amazon is MOSTLY useless. IT IS USEFUL in the following instances:

(1) To pay for the Amazon Prime membership. The $99 AF cannot be paid for by the Amazon Store Card. Why? Weird. Dunno.

(2) They sometimes have specials where you save $ by using the Chase Amazon Visa. On the otherwise lame Amazon Prime Day, they had a promo code for $20 off $100 if you used the Chase Amazon Visa.

Re: Chase Amazon vs Store Card

Anonymous — Thu, 06 Aug 2015 08:24:14 GMT

@onstar wrote:
@Imperfectfuture wrote:
@Anonymous wrote:
i have both and the chase amazon is SD'd for good lol.
Move limit to freedom?
Does Chase make you wait xx months before you can move limits?
My Chase Amazon is like 8 months old. Can I move limits to my Marriott which is 6 months old?

Back on topic, yeah, the Chase Amazon is MOSTLY useless. IT IS USEFUL in the following instances:
(1) To pay for the Amazon Prime membership. The $99 AF cannot be paid for by the Amazon Store Card. Why? Weird. Dunno.
(2) They sometimes have specials where you save $ by using the Chase Amazon Visa. On the otherwise lame Amazon Prime Day, they had a promo code for $20 off $100 if you used the Chase Amazon Visa.

To your (1) You can use Sallie Mae or Amex BCP to buy $99 Amazon gift and spend it on Prime for 5% or 6% back respectively.

Re: Chase Amazon vs Store Card

Imperfectfuture — Thu, 06 Aug 2015 08:24:17 GMT

@onstar wrote:
@Imperfectfuture wrote:
@Anonymous wrote:
i have both and the chase amazon is SD'd for good lol.
Move limit to freedom?
Does Chase make you wait xx months before you can move limits?
My Chase Amazon is like 8 months old. Can I move limits to my Marriott which is 6 months old?

Back on topic, yeah, the Chase Amazon is MOSTLY useless. IT IS USEFUL in the following instances:
(1) To pay for the Amazon Prime membership. The $99 AF cannot be paid for by the Amazon Store Card. Why? Weird. Dunno.
(2) They sometimes have specials where you save $ by using the Chase Amazon Visa. On the otherwise lame Amazon Prime Day, they had a promo code for $20 off $100 if you used the Chase Amazon Visa.

You could open up another Chase card, and move the limits that day. IF you want to move the whole thing (I moved 1k from Amazon to Freedom, leaving 2k on Amazon), don't use the card with totally 0 balance for at least 30 days (I would give it 40). Call in, ask for us reps, have them move all the limit, then close the card. Otherwise, stuck with 500 card, and I don't think they move 500 limit.

Re: Chase Amazon vs Store Card

Imperfectfuture — Thu, 06 Aug 2015 08:28:19 GMT

@Anonymous wrote:
@onstar wrote:
@Imperfectfuture wrote:
@Anonymous wrote:
i have both and the chase amazon is SD'd for good lol.
Move limit to freedom?
Does Chase make you wait xx months before you can move limits?
My Chase Amazon is like 8 months old. Can I move limits to my Marriott which is 6 months old?

Back on topic, yeah, the Chase Amazon is MOSTLY useless. IT IS USEFUL in the following instances:
(1) To pay for the Amazon Prime membership. The $99 AF cannot be paid for by the Amazon Store Card. Why? Weird. Dunno.
(2) They sometimes have specials where you save $ by using the Chase Amazon Visa. On the otherwise lame Amazon Prime Day, they had a promo code for $20 off $100 if you used the Chase Amazon Visa.
To your (1) You can use Sallie Mae or Amex BCP to buy $99 Amazon gift and spend it on Prime for 5% or 6% back respectively.

Since I don't want to add to portfolio until 780, I will probably upgrade to BCP, just for this fun fact. Make sure the grocery spend and amazon spend doesn't go over 6k. Discover and Freedom help with that, in fact, with Discover double, got 5% back now, and 5% back later with Prime fee.

Re: Chase Amazon vs Store Card

kdm31091 — Thu, 06 Aug 2015 10:57:37 GMT

I used to have a Chase Amazon. It's a meh card all around. 2% on a few things, 3% on Amazon, not much else going on. The points can be redeemed pretty flexibily which is nice but that is really the only plus.

Re: Chase Amazon vs Store Card

Anonymous — Thu, 06 Aug 2015 11:48:23 GMT

I got the Amazon Chase card because I was rebuilding and I wanted to get in with Chase. Well it worked. Four months later, Chase approved me for CSP with $8k SL. I did pump around $10k through the Amazon card though.

Re: Chase Amazon vs Store Card

takeshi74 — Thu, 06 Aug 2015 13:32:01 GMT

@Anonymous wrote:
However, if one is a prime member, what is the point of getting the Chase version that only offers 3% back?

From a rewards standpoint there is none. There may be a difference in the protections and benefits offered but you'd have to carefully review the terms for each.

Sallie Mae is another option though it is capped.

@Anonymous wrote:
So what's the deal with everyone having two of these cards IF someone has prime?

Everyone doesn't. I don't have either.

Re: Chase Amazon vs Store Card

yfan — Thu, 06 Aug 2015 14:22:37 GMT

From a rewards perspective, the store card is great if you are a prime member. But that inherently comes with the requirement to remain a prime member if you want that 5%. I am a Prime member now because I find the benefits outweigh the cost. If I ever decide it is no longer so, though, the store card would instantly become useless. The Chase Visa gives you 3% on Amazon regardless of whether you are a Prime member, decide to remain one or not.

Then there is also the fact that the Chase Visa is, well, a Visa, so it's accepted everywhere and you can earn points everywhere. And if your Chase Visa is a Visa Signature, you get VS benefits such as extended warranty and purchase protection. If you happen to smash that brand new iPhone within 90 days of buying it from Amazon (or anywhere else), Visa will replace it or reimburse you. Does the store card do this?

Of course, both cards are useless to me right now on Amazon since Discover is running a full 6 months of 5% rewards on Amazon this year, and with the double promo, that's 10%. Plus you get purchase protection, price protection, extended warranty and all that good stuff. Beat that.

Re: Chase Amazon vs Store Card

kdm31091 — Thu, 06 Aug 2015 14:24:17 GMT

Agreed that max rewards may not always be the only consideration as much as we like to harp on it. Yfan has a valid point.

Re: Chase Amazon vs Store Card

UncleB — Thu, 06 Aug 2015 14:27:24 GMT

@Anonymous wrote:
@onstar wrote:
@Imperfectfuture wrote:
@Anonymous wrote:
i have both and the chase amazon is SD'd for good lol.
Move limit to freedom?
Does Chase make you wait xx months before you can move limits?
My Chase Amazon is like 8 months old. Can I move limits to my Marriott which is 6 months old?

Back on topic, yeah, the Chase Amazon is MOSTLY useless. IT IS USEFUL in the following instances:
(1) To pay for the Amazon Prime membership. The $99 AF cannot be paid for by the Amazon Store Card. Why? Weird. Dunno.
(2) They sometimes have specials where you save $ by using the Chase Amazon Visa. On the otherwise lame Amazon Prime Day, they had a promo code for $20 off $100 if you used the Chase Amazon Visa.
To your (1) You can use Sallie Mae or Amex BCP to buy $99 Amazon gift and spend it on Prime for 5% or 6% back respectively.

How do you pay for Prime with a gift card? I've been trying to figure out ever since I got my BCP, but I never saw a way to pay for the membership fee other than with a credit card on file.

My Prime annual fee will be the first week of January, right after the Discover Amazon category is over, so I would love to know how this is done!

Edit: typo

Re: Chase Amazon vs Store Card

ddemari — Thu, 06 Aug 2015 14:56:12 GMT

I used to have the Amazon store card when it was GEMB. There were no perks but the financing. I actually really like the Chase Amazon. Although SallieMae is better for amazon purchaes. I much prefer the amazon visa rather than the amazon store card but that might be because I had it back whenthere wasnt the prime aspect added to the store card.

Re: Chase Amazon vs Store Card

Anonymous — Thu, 06 Aug 2015 15:01:34 GMT

my limit of the chase amazon is only $500 and i was under the impression you can't move that lol but idk. and it's only 2 months old