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Hi all,
I have been lurking for the last month but have also started my rebuild..yay me!! I wanted to share this information though JIC it might help someone else make a decision. I applied for the Amazon Prime Credit Builder Store Card and only deposited $200 as I have 2 other secured cards that I plan to use for my rebuild. I got it Monday and immediately ordered/subscribed to an item that will keep the usage under 10% monthly and that I know will be paid off every month. I woke up this morning to a MyFico credit alert that listed the card and the balance already. So, so far the reporting is spot on. Also, it does report as a secured card...so if you are looking for a card that does not report as secured you might want to steer away from this card.
Just wanted to share some information! (hope this is the right form)
@Anonymous wrote:Hi all,
I have been lurking for the last month but have also started my rebuild..yay me!! I wanted to share this information though JIC it might help someone else make a decision. I applied for the Amazon Prime Credit Builder Store Card and only deposited $200 as I have 2 other secured cards that I plan to use for my rebuild. I got it Monday and immediately ordered/subscribed to an item that will keep the usage under 10% monthly and that I know will be paid off every month. I woke up this morning to a MyFico credit alert that listed the card and the balance already. So, so far the reporting is spot on. Also, it does report as a secured card...so if you are looking for a card that does not report as secured you might want to steer away from this card.
Just wanted to share some information! (hope this is the right form)
@Anonymous , welcome to the forums!!
Congratulations on your approval, and that will definitely help in your building of credit! Thank you for posting your success!!
YOU...
From 1 Rebuilder to another Rebuilder, CONGRATS @BuildtoChill on your Approval and Welcome to the FORUMS!!!
I havent even received the card yet and mine is already reporting. The deposit came out next day. It was added to my Amazon Prime account within about 3 days of deposit being taken out. They are very quick .
Once the deposit was withdrawn from my account, it took about 3 days for the card to be added to my Amazon account. I have not received the card in the mail yet though.
Congrats on your approval