Chase Amazon Prime ...wait or go?

[Anonymous]

I understand that, but the average consumer here does NOT make 6 figures yearly.
I don't understand why anyone making 6+ would have a debt load of half of that, when one should be able to use their available cash to purchase.
Le'ts just say you make $50k yearly, why would you have a debt load of $10-15k on CC's? Just because you have a CC does not mean, everything  in your entire life should go on it and not be paid. Of course you manage your finances, well, but the average consumer, does not.
I understand we're all different, but that's just my take. I've lived and learned.
And I now know how to effectively manage what I have to avoid issues.

Just like I have learned from this forum from all of the experts. You guys provided me great advice. I didn't need one of these phony debt consolidation firms top rip me off and do for me, what I did on my own. Pen and Paper (or MS Word)  and a Check is all it took to re-build effectively.

[CreditCuriosity]

---

@Anonymous wrote:
I understand that, but the average consumer here does NOT make 6 figures yearly.
I don't understand why anyone making 6+ would have a debt load of half of that, when one should be able to use their available cash to purchase.
Le'ts just say you make $50k yearly, why would you have a debt load of $10-15 on CC's?
I understand we're all different, but that's just my take. I've lived and learned.
And I now know how to effectively manage what I have to avoid issues.

---

I agree if ones makes 6 figures you shouldn't have a debt load and know how to manage money and most do as stated on this forum.  Also as stated most people on this forum have messed up in the past and hopefully have learned their lesson. I think OP was just disappointed at the SL and APR although I can't speak for him/her..  I would hope that most people on here manage their finances, but only they can make their destiny and hopefully they make the right choices from reading others issues on this forum.  The Amazon card is a great card if you shop alot on amazon just like the CSP/CSR etc are great cards if you eat out and travel alot of transfer the UR's out.. Most Chase cards have a good purpose aka free hotel night each year with AF etc.. Where other cards from other lenders such as Credit One lets say are only good for rebuilders until they can say get a Cap1 QS1 and build from their then dump the Credit one etc..  Anyways we are both going a bit off subject of the Amazon Prime Visa card.  

[Anonymous]

I agree. But it is a nice card to have in your arsenal, if you have no other cards that can do the same or even more.

[joltdude]

---

@CreditCuriousity wrote:

---

@joltdude wrote:

I regret applying.. 19.24 and 4500$ limit..

Into the SD it goes.. 

---

Why? The apr is meh on it, but could be worse it is meant to be a PIF card anyways and the limit is pretty good for amazon to be honest.  They simply don't hand out big limits on this card.  If you want a big chase limit apply for Hyatt that isnt under 5x24 and move some of the limit over to this card.  What are your stats anyways as I was suprised I got the best apr with a 680 EQ, but granted I have been with chase and ran alot through their cards so internal score might be high with them?

---

Its the principle of it.. I have a good score, low util, not too bad on the inqs, and got the worst rate?.. I wanted a mostly PIF card, not a must PIF card...

I might have been better off with the store card... Yes its partially psycological but its almost better off using another Chase card than the AZ.. 14.24 on freedom and same offer on FU right now in my account..  Its the convienence factor plus the rebate... ..Didnt even get the higher CL when it posted to my chase account...

Have to go look in my other thread and cut and paste the stats..  (Here they are)

Discover Fico 755

Ex FICO 747 (the EX Chase pulled was 754)

UTI 10% on TU 9%on EX

Inq ..(5 total on all reports from what I see)

Only seeing an EX inquiry for the card itself

Its the principle of getting the worst APR on the card more than anything...

If that makes sense..

And if they gave me the crappiest rate with a decent score.. at least they could have put me at 5K

-J

[joltdude]

At least for me, Prime pays for itself in benifits.. no different than some folks with an AF travel card.. (which do not make much sense for me)

Its funny but i dont often use same day delivery.. sometimes ill use the "slow" delivery for the perk/bonus... or if i make multiple orders to try to time them to come in at a similar time.... Yes those perks cost.. but they are useful... Its also why i take advantage of amazons internal financing offers when offered.. 0% split pays actually mean more money that stays in the bank or higher average daily balance in the savings... Plus 2% on Gas/Restraunts/Drug stores and it being avalible without high minimums or having to be in the chosen category...... These are categories im interested in..   Perhaps i should have gone for AARP.. quite possibly but for trying to save on both mundane expenses AND where i shop frequently.... it makes sense for my spending..

[AverageJoesCredit]

In regards to my amazon prime granted i dont take advantage of all benefits like movies etc but the free shipping is key for me because without it would be expensive to where i live and im really enjoying all the free music. But to each their own. But i have no probs with the 99 annual fee . Its just what it is for the extra benefits. I guess its like any other reward card, you got fihure out if your spend warrants the annual fee and if not well i guess look for other options.

[AverageJoesCredit]

Lol i like your statement Jolt...

"I WANTED A MOSTLY PIF CARD, NOT A MUST PUF CARD!"

Excellent point. Id imagine all cards SHOULD. Be PIF but unless its a charge card, one should be able to carry a balance regardless of apr. Now if one has worked hard to get there scores in top botch shape and profile, i believe they should reasonably expect lower rates. For me thats the purpose of getting high scores so one can take advantage of better rates which are normally given to such people who have demostrated good credit habits.

If it goes into sd J, at least it will be a nice sd

[AverageJoesCredit]

Sorry, Pif, not Puf lol

Maybe paid under filled?

[SouthJamaica]

---

@joltdude wrote:

I regret applying.. 19.24 and 4500$ limit..

Into the SD it goes.. 

---

I was approved for 5k, but when I went to my Chase banking site it had been raised to 9k.

[Anonymous]

---

@SouthJamaica wrote:

---

@joltdude wrote:

I regret applying.. 19.24 and 4500$ limit..

Into the SD it goes.. 

---

I was approved for 5k, but when I went to my Chase banking site it had been raised to 9k.

---

How the hell do this things happen? I got approved for 2K and 2K also showing up with chase.com, I called for SL Recon and CSR asking for HP pull. Hell No! My EX has been beaten enough. lolz