topic Re: CITI Financing on Amazon in General Credit Topics

CITI Financing on Amazon

Brian_Earl_Spilner — Sat, 18 Jan 2020 17:02:24 GMT

Just noticed this today. Is it new?

Re: CITI Financing on Amazon

FinStar — Sat, 18 Jan 2020 20:37:40 GMT

Hmmmm, first time I've ran across it. Thanks for sharing!

The going APR seems to be a bit high for long term or extended financing, but an alternative for those who don't want to open up a new account and use their eligible Citi card.

This is almost like their Flex loan thingy except a la Amazon.

Re: CITI Financing on Amazon

Anonymous — Sun, 19 Jan 2020 06:11:56 GMT

Does not seem great. The total is deducted from your available credit so I guess the only difference is the interest. Citi's lowest interest I could find on their cards is 15.49%. So I guess if you cannot get a 0% offer the 8ish rate is appealing. If needed to finance something at Amazon I would just take fhe Synchrony hard pull. The terms are far superior to this Citi offer.

Amazon.com Store Card

5% back with an eligible Prime membership4
6 equal monthly payments with 0% interest on purchases $150 or more7
12 equal monthly payments with 0% interest on purchases $600 or more7
24 equal monthly payments with 0% interest on select purchases $600 or more7
Special Financing options available on purchases of $150 or more7
No annual fee8

Re: CITI Financing on Amazon

Anonymous — Sun, 19 Jan 2020 18:58:31 GMT

While I'm sure some people will found value in this. I don't buy anything that expensive on Amazon, that I'd need to make monthly payments.

But when I do, I use my Gold card to earn points. And if needbe I just use Citi BT offer to pay it back @ cheaper % APR.