topic Re: Chase Amazon Question... Am i hurting myself? in Credit Cards

Chase Amazon Question... Am i hurting myself?

QCTRAV — Tue, 24 Jun 2014 21:24:43 GMT

So I have about 5-6 revolving cards, but for my business I just started i noticed I was buying a lot off Amazon quite often. I applied for the Amazon card, and was declined. I called back with a recon and they approved me for $500.

Within this month alone, Ive maxed it out and payed it off 3 times.

It is currently sitting at a $0 balance, but i was not sure if what i was doing looks bad to chase, or if it looks like they need to up my limit... What should I do?

Re: Chase Amazon Question... Am i hurting myself?

Kenny — Tue, 24 Jun 2014 21:26:37 GMT

You will eventually get an auto CLI probably if you continue spending/paying off at this pace. You're doing nothing wrong, and in fact Chase wants to see this. Good job! Just make sure that you try not to let it report maxed as that might mess with your score. With that said, I've noticed that when I zero my Chase cards if a large balance posts, they also report the 0 balance. So it's not the end of the world if the large balance posts.

Re: Chase Amazon Question... Am i hurting myself?

QCTRAV — Tue, 24 Jun 2014 21:55:28 GMT

I actually just called in, they said they would need to pull my credit to get an CLI, and they do give out auto CLI's but every 6 months.

Gross.

Re: Chase Amazon Question... Am i hurting myself?

Anonymous — Tue, 24 Jun 2014 22:01:59 GMT

And if Amazon continues to be a big portion of your spend, look at some point at getting Sallie Mae (which is 5% rather than 3%)

Re: Chase Amazon Question... Am i hurting myself?

Closingracer99 — Tue, 24 Jun 2014 23:18:39 GMT

@Anonymous wrote:
And if Amazon continues to be a big portion of your spend, look at some point at getting Sallie Mae (which is 5% rather than 3%)

But the beauty of the Amazon visa card is you use the points to buy stuff on amazon

Re: Chase Amazon Question... Am i hurting myself?

coldnmn — Tue, 24 Jun 2014 23:22:22 GMT

@Closingracer99 wrote:
@Anonymous wrote:
And if Amazon continues to be a big portion of your spend, look at some point at getting Sallie Mae (which is 5% rather than 3%)
But the beauty of the Amazon visa card is you use the points to buy stuff on amazon

Same with Discover if you link it. Most of the time I have enough rewards to pay for my order with Discover rewards.

Re: Chase Amazon Question... Am i hurting myself?

Closingracer99 — Tue, 24 Jun 2014 23:24:16 GMT

@coldnmn wrote:
@Closingracer99 wrote:
@Anonymous wrote:
And if Amazon continues to be a big portion of your spend, look at some point at getting Sallie Mae (which is 5% rather than 3%)
But the beauty of the Amazon visa card is you use the points to buy stuff on amazon
Same with Discover if you link it. Most of the time I have enough rewards to pay for my order with Discover rewards.

True I got mine linked and saved over $100 using it

Can I like the Chase sapphire and Freedom to my account?

The Amex Everyday card can be linked to it ?

Re: Chase Amazon Question... Am i hurting myself?

coldnmn — Tue, 24 Jun 2014 23:29:03 GMT

@Closingracer99 wrote:
@coldnmn wrote:
@Closingracer99 wrote:
@Anonymous wrote:
And if Amazon continues to be a big portion of your spend, look at some point at getting Sallie Mae (which is 5% rather than 3%)
But the beauty of the Amazon visa card is you use the points to buy stuff on amazon
Same with Discover if you link it. Most of the time I have enough rewards to pay for my order with Discover rewards.
True I got mine linked and saved over $100 using it

Can I like the Chase sapphire and Freedom to my account?

The Amex Everyday card can be linked to it ?

Someone else will have to answer that I seem to be blacklisted at Chase.

Re: Chase Amazon Question... Am i hurting myself?

longtime_lurker — Tue, 24 Jun 2014 23:46:12 GMT

I could use my UR points on amazon, but what a waste. Also, you can just get a statement credit from SM