topic Re: Should I app for Amazon? in Credit Cards

Should I app for Amazon?

Anonymous — Tue, 10 Jul 2012 22:29:18 GMT

Early next month I'll hit the 6 month mark and will generate my first score. I'd like to make a purchase through amazon and I was wondering if I'd be approved for their cc. It's GE backed correct?

I have a secured cap1 (300) and a non secured cap1 (500) and 1% utilization. And 6+ inquiries depending on what they pull.

Thanks!

Re: Should I app for Amazon?

tcbofade — Tue, 10 Jul 2012 22:31:25 GMT

They generally pull TU.

Good luck!

Re: Should I app for Amazon?

Repo-ed — Tue, 10 Jul 2012 22:44:11 GMT

@Anonymous wrote:
Early next month I'll hit the 6 month mark and will generate my first score. I'd like to make a purchase through amazon and I was wondering if I'd be approved for their cc. It's GE backed correct?

I have a secured cap1 (300) and a non secured cap1 (500) and 1% utilization. And 6+ inquiries depending on what they pull.

Thanks!

www.whogavemecredit.com

Re: Should I app for Amazon?

Anonymous — Tue, 10 Jul 2012 23:10:48 GMT

@Anonymous wrote:
Early next month I'll hit the 6 month mark and will generate my first score. I'd like to make a purchase through amazon and I was wondering if I'd be approved for their cc. It's GE backed correct?

I have a secured cap1 (300) and a non secured cap1 (500) and 1% utilization. And 6+ inquiries depending on what they pull.

Thanks!

The Amazon.com Store Card is backed by GE Money.

The Amazon.com Rewards Visa Card is backed by Chase.

One is a store card and one is a credit card.

Re: Should I app for Amazon?

Anonymous — Tue, 10 Jul 2012 23:28:11 GMT

If i app for the CC will they counter with a store card offer if i dont qualify? Otherwise I'll app for the store card since TU has the least amount of inq.

Re: Should I app for Amazon?

LS2982 — Wed, 11 Jul 2012 00:07:08 GMT

@Anonymous wrote:
If i app for the CC will they counter with a store card offer if i dont qualify? Otherwise I'll app for the store card since TU has the least amount of inq.

There is no counteroffer. The VISA is backed by Chase, the store card is backed by GE. I would go for the store card, Chase would deny you for limited credit history.

Re: Should I app for Amazon?

Anonymous — Wed, 11 Jul 2012 00:45:42 GMT

@LS2982 wrote:
@Anonymous wrote:
If i app for the CC will they counter with a store card offer if i dont qualify? Otherwise I'll app for the store card since TU has the least amount of inq.
There is no counteroffer. The VISA is backed by Chase, the store card is backed by GE. I would go for the store card, Chase would deny you for limited credit history.

+1 GE card has better CLI policy for your stage of credit. IE. soft based CLI every 4 or 6 months.

Re: Should I app for Amazon?

Anonymous — Wed, 11 Jul 2012 04:24:41 GMT

Ok so store card it is. Do I have a good chance of getting approved?

Re: Should I app for Amazon?

Anonymous — Wed, 11 Jul 2012 04:30:46 GMT

@Anonymous wrote:
Ok so store card it is. Do I have a good chance of getting approved?

Do you have any baddies on your credit report besides the numerous inquiries?

Re: Should I app for Amazon?

Anonymous — Wed, 11 Jul 2012 05:20:19 GMT

Nope. All clean. Took 7 yrs but all clean.

Re: Should I app for Amazon?

Creditaddict — Wed, 11 Jul 2012 05:22:41 GMT

Should have no issues getting store card I would not think... But could start with Walmart first and get free TU Fico for free each omth too.

Re: Should I app for Amazon?

Anonymous — Wed, 11 Jul 2012 05:25:51 GMT

Its pretty easy to get. No idea with your limited history if it is easy enough. I think your chances are good enough to apply and you need the trade lines. GE trade lines are good for building credit.

Re: Should I app for Amazon?

Anonymous — Wed, 11 Jul 2012 05:57:32 GMT

Thanks for the input. I was thinking about apping for the amazon and Walmart around the same time so I guess that's what I'll do.

Re: Should I app for Amazon?

Anonymous — Wed, 11 Jul 2012 07:39:04 GMT

App for Walmart in store. Anecdotal evidence says higher approvals in store.

Re: Should I app for Amazon?

Repo-ed — Wed, 11 Jul 2012 10:38:44 GMT

I have an 87 cent balance on my walmart card, and they want it paid by July or Aug 20th.

When I tried to pay it, says it has to be at least $1.

Oh, the people of walmart

That aside. App both amazon and walmart store card. Over your comptuter is easiest.

Re: Should I app for Amazon?

Anonymous — Wed, 11 Jul 2012 15:19:57 GMT

@Repo-ed wrote:
I have an 87 cent balance on my walmart card, and they want it paid by July or Aug 20th.

When I tried to pay it, says it has to be at least $1.

Oh, the people of walmart

That aside. App both amazon and walmart store card. Over your comptuter is easiest.

Go to walmart and pay at the register, you can overpay there since there register does not know how much you owe

Re: Should I app for Amazon?

Repo-ed — Wed, 11 Jul 2012 16:23:05 GMT

@Anonymous wrote:
@Repo-ed wrote:
I have an 87 cent balance on my walmart card, and they want it paid by July or Aug 20th.

When I tried to pay it, says it has to be at least $1.

Oh, the people of walmart

That aside. App both amazon and walmart store card. Over your comptuter is easiest.
Go to walmart and pay at the register, you can overpay there since there register does not know how much you owe

Makes perfect sense. d'uh!

Thanks!