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Surprise Amazon LOC, Net 30, No PG

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aynot4fitness
Contributor

Surprise Amazon LOC, Net 30, No PG

I was surprised to get this by email from Amazon:amazon-loc.jpeg

I didn't apply for this as it says it is "invite-only", but I'll take another trade line. Does anyone know if Amazon reports LOC to any business CRAs?

Personal

Business


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Message 1 of 8
7 REPLIES 7
M_Smart007
Legendary Contributor

Re: Surprise Amazon LOC, Net 30, No PG

Congrats on your "Surprise" Amazon LOC !!

(Sorry, I have no idea about the reporting part)

Message 2 of 8
chalupaman
Super Contributor

Re: Surprise Amazon LOC, Net 30, No PG

Wow that's really great to see. Well done on the Amazon Net 30 approval. 

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down
Message 3 of 8
104848
New Contributor

Re: Surprise Amazon LOC, Net 30, No PG

what is the difference between this and the net55 besides the due date???

Message 4 of 8
Five6Two
Frequent Contributor

Re: Surprise Amazon LOC, Net 30, No PG

Congrats! Be sure to use it, when possible. I had mine reduced to $0 after not using the LOC/NET 30 despite purchasing $5-6k worth of items with biz cards. 

Siggy under construction Smiley Happy
Message 5 of 8
toi34
Established Contributor

Re: Surprise Amazon LOC, Net 30, No PG


@aynot4fitness wrote:

I was surprised to get this by email from Amazon:amazon-loc.jpeg

I didn't apply for this as it says it is "invite-only", but I'll take another trade line. Does anyone know if Amazon reports LOC to any business CRAs?


I have the Business Net 55 and it reports to Experian Business and Duns right away.

Message 6 of 8
TC1212
Regular Contributor

Re: Surprise Amazon LOC, Net 30, No PG

@aynot4fitness 

Congrats.  From what I here, only Amazon's Net 55 reports to the bureas.  I just received my Amazon Net 30 with a 1k limit 3 weeks ago, and when I checked last week, it still had not reported.  I hope it does though because I have Amazon Net 30, Grainger and Quill - all within the last 3 weeks - and I hope this starts my business credit profile.

Message 7 of 8
FinStar
Moderator Emeritus

Re: Surprise Amazon LOC, Net 30, No PG


@toi34 wrote:

@aynot4fitness wrote:

I was surprised to get this by email from Amazon:

 

I didn't apply for this as it says it is "invite-only", but I'll take another trade line. Does anyone know if Amazon reports LOC to any business CRAs?


I have the Business Net 55 and it reports to Experian Business and Duns right away.


Other than the Net repayment terms, any differences (reporting or otherwise) from the Net 30 vs Net 55?

Message 8 of 8
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