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Chase Amazon Cancel or not?

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enerey
Regular Contributor

Chase Amazon Cancel or not?

Hi everyone, I am trying to decide if I should close my Chase Amazon card, I really only got it for the $50 gift card that came with it and when I got approved they only gave me a starting limit of $700. I have had this card for 1 year now and it still sits at $700, while I've managed to get all my other cards to limits between $7000 and $20,000. Anyone have experience with this card? How hard would it be to get increased to a reasonable limit? I'd hate to do a hp to get an increase and they only give me a couple hundred $. Thanks 

Message 1 of 15
14 REPLIES 14
BirchBarlow
Contributor

Re: Chase Amazon Cancel or not?

If you don't want to use it anymore, just sock drawer it.  At least that way it will age and decrease your utilization.

Message 2 of 15
Anonymous
Not applicable

Re: Chase Amazon Cancel or not?

It's SD'd for me too but I was in the same place as you. $600 SL in 2011. They finally gave me an increase about 5 months ago to $3500. Only reason I haven't cancelled it. It just depends on your plan with your other cards. If you don't mind having a ton of cards whether you use them or not, just keep it. For me, I'll probably still ditch it because it's of no use and I'm trying to keep to a limited number of cards.
Message 3 of 15
Anonymous
Not applicable

Re: Chase Amazon Cancel or not?

I haven't used mine in a while. It's really not that impressive. Wish I never app'd for it in the first place. I just would feel a little bad closing it considering it's so old!
Message 4 of 15
enerey
Regular Contributor

Re: Chase Amazon Cancel or not?

Yeah I will probably cancel it cause $700 does not help considering I just went over 100k in credit with some cli's I got this week. I know most people post about the low starting limit so I was looking to see how chase is about raising the limit later on

Message 5 of 15
Anonymous
Not applicable

Re: Chase Amazon Cancel or not?

I cancelled mine. There's a long thread on this.

Message 6 of 15
AverageJoesCredit
Legendary Contributor

Re: Chase Amazon Cancel or not?

If you want high limit Amazon card just go for the store card by Sync, one phone call and your a thousandaireSmiley Happy. Ive read some people that have more than one Chase card can trsnsfer this limit to other Chase card if you dont want to use it. Good luck on decesion Smiley Happy
Message 7 of 15
Anonymous
Not applicable

Re: Chase Amazon Cancel or not?

I've had one since 2011.  Got an initial SL of 2.5k and there it stayed for 5 years.  

 

Recently got a CSP and transferred all but 1k of the limit to the CSP.

 

This card is sitting in the sock drawer at home as an emergency card for the wife when I'm out of town.

 

 

Message 8 of 15
Anonymous
Not applicable

Re: Chase Amazon Cancel or not?

I always wonder how Chase does with this card. It doesn't seem very many people use it. They should update it with better rewards/perks..
Message 9 of 15
kdm31091
Super Contributor

Re: Chase Amazon Cancel or not?

I agree they should update it but to Joe consumer I'm sure the rewards are perfectly sufficient.
Message 10 of 15
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