topic Re: Chase Amazon Visa is about to get better in Credit Cards

Chase Amazon Visa is about to get better

DantGwyrdd — Wed, 21 Mar 2018 02:21:12 GMT

Just got this in the mail today -- starting May 25th the Chase Amazon Visa will also get promo financing for Amazon purchases over $50.

Re: Chase Amazon Visa is about to get better

Gregory1776 — Tue, 20 Mar 2018 21:23:40 GMT

Oh thAts sweet! So happy I got mine! Can’t wait to get a CLI! I hope they’ll auto increase, but I’m not using more than 10% so I doubt it...

btw, is that your APR? 15.5?

And what are you looking up to get those ads?? 😂😂😂😂😂😂😍😍

Re: Chase Amazon Visa is about to get better

Anonymous — Tue, 20 Mar 2018 21:27:04 GMT

The two choices seem strange to me!

So for the $50 case, I can get

1) 0% APR for 6 months, paying as I like over those months (any remaining balance get standard APR)

2) 0% APR for 6 months, paying in 6 equal chunks (and no remaining balance)

So 2 seems less generous, I have paid off 1/6th of the amount after the first month. I guess it's for people who want to be sure they pay it off?

Re: Chase Amazon Visa is about to get better

imaximous — Tue, 20 Mar 2018 21:27:38 GMT

Nice. Chase declaring war on Synchrony

Re: Chase Amazon Visa is about to get better

DantGwyrdd — Tue, 20 Mar 2018 21:29:07 GMT

@Gregory1776wrote:
Oh thAts sweet! So happy I got mine! Can’t wait to get a CLI! I hope they’ll auto increase, but I’m not using more than 10% so I doubt it...

btw, is that your APR? 15.5?

And what are you looking up to get those ads?? 😂😂😂😂😂😂😍😍

Yup, 15.49 is my APR for the card. Not to dissapoint, but I wouldn't hold my breath on the auto CLI -- I've had the card for years and it's been stuck at the starting limit

P.S. Not sure what ads you're referring to?

Re: Chase Amazon Visa is about to get better

DantGwyrdd — Tue, 20 Mar 2018 22:00:44 GMT

@Anonymouswrote:
The two choices seem strange to me!
So for the $50 case, I can get
1) 0% APR for 6 months, paying as I like over those months (any remaining balance get standard APR)
2) 0% APR for 6 months, paying in 6 equal chunks (and no remaining balance)

So 2 seems less generous, I have paid off 1/6th of the amount after the first month. I guess it's for people who want to be sure they pay it off?

I figure, I can see it coming in handy for people who'll have both promo and non-promo purchases at the same time (esp. if they use the card outside of Amazon, esp. with the fact you can use it at Whole Foods for 3%/5% back now as well) and still have peace of mind.

Re: Chase Amazon Visa is about to get better

CreditCuriosity — Tue, 20 Mar 2018 21:51:29 GMT

Yep just got that.. Chase Visa is going to be more awesome that it already is! ~~5% plus~~ 0% financing it appears.. So what is sync going to do, suppose there is room for both players. Definitely shots fired at synchrony on this one as it clearly beats Sync out if 0% financing ~~and 5% back~~. Time to move some of my CL's over to this card for some purchases at my new house .

edit: Just realized no 5% back when I read more on promotional financing. certainly rather still use this card than Sync's personally.

Re: Chase Amazon Visa is about to get better

DantGwyrdd — Tue, 20 Mar 2018 21:54:07 GMT

Definitely room for both. Chase will have better rewards (same for Amazon, but also Whole Foods , gas, pharmacies... and something else if I recall) and acceptance (since, Visa), but Synch will still have to advandage of giving a card to pretty much anyone with a pulse as well as doling out CLIs left and right so yeah, pleanty of cake to go around for both Chase and Synch.

edit: Isn't Synch the same w.r.t. the 5%?

Re: Chase Amazon Visa is about to get better

jlitnns — Tue, 20 Mar 2018 22:25:27 GMT

So, there won't be any point to my Amazon Store Card anymore? And sacrifice the 5% CB. I hardly every have used this because I like the 5% CB but still a cool feature.

Re: Chase Amazon Visa is about to get better

Anonymous — Tue, 20 Mar 2018 22:42:58 GMT

@DantGwyrddwrote:
@Anonymouswrote:
The two choices seem strange to me!
So for the $50 case, I can get
1) 0% APR for 6 months, paying as I like over those months (any remaining balance get standard APR)
2) 0% APR for 6 months, paying in 6 equal chunks (and no remaining balance)

So 2 seems less generous, I have paid off 1/6th of the amount after the first month. I guess it's for people who want to be sure they pay it off?
I figure, I can see it coming in handy for people who'll have both promo and non-promo purchases at the same time (esp. if they use the card outside of Amazon, esp. with the fact you can use it at Whole Foods for 3%/5% back now as well) and still have peace of mind.

Yes, but both these are both promo pricing, just wondering why you would choose equal pay.

Re: Chase Amazon Visa is about to get better

Anonymous — Tue, 20 Mar 2018 22:44:25 GMT

@CreditCuriositywrote:
Yep just got that.. Chase Visa is going to be more awesome that it already is! ~~5% plus~~ 0% financing it appears.. So what is sync going to do, suppose there is room for both players. Definitely shots fired at synchrony on this one as it clearly beats Sync out if 0% financing ~~and 5% back~~. Time to move some of my CL's over to this card for some purchases at my new house .

edit: Just realized no 5% back when I read more on promotional financing. certainly rather still use this card than Sync's personally.

I missed the no cash back too, despite it being bolded in the letter! I think that reduces the value quite a bit. With Blispay, do you still get the 2% back with financing?

Re: Chase Amazon Visa is about to get better

Anonymous — Tue, 20 Mar 2018 22:45:43 GMT

Cool and good to know. Are they informing card holders of this via email, snail mail, or when accessing the account?

Re: Chase Amazon Visa is about to get better

CreditCuriosity — Tue, 20 Mar 2018 22:57:58 GMT

@Anonymouswrote:
Cool and good to know. Are they informing card holders of this via email, snail mail, or when accessing the account?

snail mail

Re: Chase Amazon Visa is about to get better

CreditCuriosity — Tue, 20 Mar 2018 23:00:52 GMT

@Anonymouswrote:
@CreditCuriositywrote:
Yep just got that.. Chase Visa is going to be more awesome that it already is! ~~5% plus~~ 0% financing it appears.. So what is sync going to do, suppose there is room for both players. Definitely shots fired at synchrony on this one as it clearly beats Sync out if 0% financing ~~and 5% back~~. Time to move some of my CL's over to this card for some purchases at my new house .

edit: Just realized no 5% back when I read more on promotional financing. certainly rather still use this card than Sync's personally.
I missed the no cash back too, despite it being bolded in the letter! I think that reduces the value quite a bit. With Blispay, do you still get the 2% back with financing?

Yes you do still get 2% back on 6 month financing although if one wants to say carry a 75 inch oled tv at 18 months at 0% financing the amazon visa certainly can handle this assuming you have the CL or can reallocate some from other chase cards where-as blispay is 6 month 0% financing if you can pay off said purchase in that period of time and assuming your blispay CL is large enough for said purchase.

Re: Chase Amazon Visa is about to get better

Anonymous — Tue, 20 Mar 2018 23:19:48 GMT

@jlitnnswrote:
So, there won't be any point to my Amazon Store Card anymore? And sacrifice the 5% CB. I hardly every have used this because I like the 5% CB but still a cool feature.

If you want an Amazon card but don't have a good prospect of getting the Chase card (like me because I burned Chase in BK several years ago), then yeah, there's still a role for the Amazon Store Card, and I've used it quite frequently even though I couldn't get any CLI's until I'd had the card a year or so and my TU's had pushed up past 660 (SL $800, now $6000).

Re: Chase Amazon Visa is about to get better

Anonymous — Wed, 21 Mar 2018 00:21:38 GMT

Wonder where you will choose the financing. On the Amazon purchase or on Chase after the purchase posts.

Anyone seen the new detail on the transaction when looking at the charge the Chase site? It shows you what you ordered for that particular charge.

Re: Chase Amazon Visa is about to get better

Anonymous — Wed, 21 Mar 2018 00:25:05 GMT

The letter says "we MAY offer one or more of these promotional financing options above on qualifying purchases....." So I wonder if a particular person will always see these offers, or if it is sometimes not option (even if above $50).

Re: Chase Amazon Visa is about to get better

HeavenOhio — Wed, 21 Mar 2018 00:26:14 GMT

The differences I see between the Chase and Sync cards:

The Sync card is deferred interest while Chase isn't.
If interest kicks in on the Chase card, it's at one's regular APR rather than a super-high deferred interest APR.

Re: Chase Amazon Visa is about to get better

Anonymous — Wed, 21 Mar 2018 00:30:56 GMT

@Anonymouswrote:

Anyone seen the new detail on the transaction when looking at the charge the Chase site? It shows you what you ordered for that particular charge.

I just looked on mine, and it doesn't show order details directly, but it does provide a link to the corresponding order on Amazon's site, where detail can be viewed. It also shows the reward points earned for the transaction.

Maybe it's different for more recent orders? My last Amazon order was on 3/14.

Re: Chase Amazon Visa is about to get better

Anonymous — Wed, 21 Mar 2018 00:37:36 GMT

@Anonymouswrote:
@Anonymouswrote:

Anyone seen the new detail on the transaction when looking at the charge the Chase site? It shows you what you ordered for that particular charge.
I just looked on mine, and it doesn't show order details directly, but it does provide a link to the corresponding order on Amazon's site, where detail can be viewed. It also shows the reward points earned for the transaction.

Maybe it's different for more recent orders? My last Amazon order was on 3/14.

That is what I meant...sorry. It links you back to Amazon.