Amazon Prime Credit Card

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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CarefulBuilder14
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Re: Amazon Prime Credit Card

Postby CarefulBuilder14 » Thu Feb 16, 2017 10:19 am

Busyman wrote:
JustRewards wrote:I'm thinking about pc'ing my Chase Marriott card to the Amazon Prime, as I don't use it enough to justify the annual fee (despite the free anniversary hotel night).


I'm curious as to how that is.

You don't use the 1 free night they give to you?

The one free night I get I use for a room that costs $300+ yet the card has an $85 AF.

Which property? Does the $300 reflect an upgrade from Gold status?
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card


Busyman
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Re: Amazon Prime Credit Card

Postby Busyman » Thu Feb 16, 2017 5:38 pm

CarefulBuilder14 wrote:
Busyman wrote:
JustRewards wrote:I'm thinking about pc'ing my Chase Marriott card to the Amazon Prime, as I don't use it enough to justify the annual fee (despite the free anniversary hotel night).


I'm curious as to how that is.

You don't use the 1 free night they give to you?

The one free night I get I use for a room that costs $300+ yet the card has an $85 AF.

Which property? Does the $300 reflect an upgrade from Gold status?

No. I used it on a room on NYE. Even then, the room costs $150 or more.

I live near National Harbor in MD. The Gaylord National Hotel gets downgraded to Category 5 after March this year.

The point being....who can't find a Marriott hotel that's Category 5 (or lower) that costs more than $85. None of the cards that give a free night are worth cutting [Marriott, Hyatt, IHG] and Club Carlson gives enough points for a free night.

rockyrock
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Re: Amazon Prime Credit Card

Postby rockyrock » Sun Feb 19, 2017 10:51 am

mountaindewvoltage wrote:
CarefulBuilder14 wrote:
mountaindewvoltage wrote:Look at the people over on MyFico... They get the card just to sock-drawer it in a safe or whatever, what a joke. People applied for this beautiful card just to put in away somewhere and only use it on Amazon? Don't they realize the card has 2% back at gas stations, drug stores, office supply stores, and restaurants?

Maybe they already have a 2% (or more) card and/or don't want to worry about how merchants will be coded.

If I had one, I'd SD it and just use it online.


That would be a great argument if the Citi Double Cash were a card that provides real World or World Elite MasterCard benefits, or theUSAA 2.5% back card isn't limited to certain people which then on top of it, the number of qualified people gets lower when the card is only available to those in certain states.

I prefer having Visa Signature perks like hotel savings, NPSL (or soft limit), metal design, better customer service... For example, I requested a new account card to be overnight-ed and Chase went ahead and did that... Citi on the other hand, won't. There's also a better website to navigate through, and quite frankly, I think Chase's dispute system is better from what I've heard, as much as I hate hearsay arguments. Meanwhile those with a Citi DC "World Elite" MasterCard can't even log onto the MasterCard World Elite website or go above their credit limit, and 99.9% of Citi's customer service reps are from India and don't have a clue in the world. With Costco's card, you need to be a Costco member to sign up, while with Amazon you need to be a prime member to get the 5% back, but can still get the card without being a prime member.


I couldn't find any info on this at their website, where can I learn more?
Sapphire Reserve: travel & dining
Blue Cash Preferred: groceries & gas
Freedom: 5% cats
Double Cash: everything else

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CarefulBuilder14
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Re: Amazon Prime Credit Card

Postby CarefulBuilder14 » Sun Feb 19, 2017 4:39 pm

Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card

mountaindewvoltage
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Re: Amazon Prime Credit Card

Postby mountaindewvoltage » Mon Feb 20, 2017 3:22 am

CarefulBuilder14 wrote:Re: 2.5% USAA:
http://ficoforums.myfico.com/t5/Credit- ... -p/4761334


If my stupid ass didn't dick around with credit cards and checking accounts over the last two years, I'd probably go for it, especially since it's now available in my home state (NY). It completely wipes out the fee charged by Plastiq, so imagine throwing $3,000/month on the card, your monthly rewards will be $75.00, or $900 a year.

I'll tell you what, if another major bank comes out with a card with the same characteristics as the USAA Limitless card, AMEX is gonna sweat like crazy. This thing would be more popular than when the CSR came out due to it's no AF and because most people don't travel frequently. But knowing AMEX they'll still just sit around and say, "well $25 increments only folks, and you have to wait an extra month to get them."

I don't think I've ever seen a company just sit around as much as AMEX when the competition is starting to surpass them, and even if they did offer a straight 2.5% cash back card, it'd probably have a $350/year annual fee. Today you have banks that post rewards as soon as the transaction is done processing and for many, you can redeem as little as $0.01 at a time, and for the rest, you can redeem for $22 if your minimum redemption threshold is $20 or whatever... I just find AMEX to be odd.

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CarefulBuilder14
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Re: Amazon Prime Credit Card

Postby CarefulBuilder14 » Tue Feb 21, 2017 12:52 am

mountaindewvoltage wrote:
CarefulBuilder14 wrote:Re: 2.5% USAA:
http://ficoforums.myfico.com/t5/Credit- ... -p/4761334


If my stupid ass didn't dick around with credit cards and checking accounts over the last two years, I'd probably go for it, especially since it's now available in my home state (NY). It completely wipes out the fee charged by Plastiq, so imagine throwing $3,000/month on the card, your monthly rewards will be $75.00, or $900 a year.

I'll tell you what, if another major bank comes out with a card with the same characteristics as the USAA Limitless card, AMEX is gonna sweat like crazy. This thing would be more popular than when the CSR came out due to it's no AF and because most people don't travel frequently. But knowing AMEX they'll still just sit around and say, "well $25 increments only folks, and you have to wait an extra month to get them."

I don't think I've ever seen a company just sit around as much as AMEX when the competition is starting to surpass them, and even if they did offer a straight 2.5% cash back card, it'd probably have a $350/year annual fee. Today you have banks that post rewards as soon as the transaction is done processing and for many, you can redeem as little as $0.01 at a time, and for the rest, you can redeem for $22 if your minimum redemption threshold is $20 or whatever... I just find AMEX to be odd.

They tend to approve even bad credit, just with low SLs. Are you a member, or eligible?
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card

mountaindewvoltage
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Re: Amazon Prime Credit Card

Postby mountaindewvoltage » Tue Feb 21, 2017 4:27 am

CarefulBuilder14 wrote:
mountaindewvoltage wrote:
CarefulBuilder14 wrote:Re: 2.5% USAA:
http://ficoforums.myfico.com/t5/Credit- ... -p/4761334


If my stupid ass didn't dick around with credit cards and checking accounts over the last two years, I'd probably go for it, especially since it's now available in my home state (NY). It completely wipes out the fee charged by Plastiq, so imagine throwing $3,000/month on the card, your monthly rewards will be $75.00, or $900 a year.

I'll tell you what, if another major bank comes out with a card with the same characteristics as the USAA Limitless card, AMEX is gonna sweat like crazy. This thing would be more popular than when the CSR came out due to it's no AF and because most people don't travel frequently. But knowing AMEX they'll still just sit around and say, "well $25 increments only folks, and you have to wait an extra month to get them."

I don't think I've ever seen a company just sit around as much as AMEX when the competition is starting to surpass them, and even if they did offer a straight 2.5% cash back card, it'd probably have a $350/year annual fee. Today you have banks that post rewards as soon as the transaction is done processing and for many, you can redeem as little as $0.01 at a time, and for the rest, you can redeem for $22 if your minimum redemption threshold is $20 or whatever... I just find AMEX to be odd.

They tend to approve even bad credit, just with low SLs. Are you a member, or eligible?


I just joined through a family member yesterday, started with insurance and then made a checking.

kdm31091
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Re: Amazon Prime Credit Card

Postby kdm31091 » Tue Feb 21, 2017 5:41 pm

mountaindewvoltage wrote:
CarefulBuilder14 wrote:Re: 2.5% USAA:
http://ficoforums.myfico.com/t5/Credit- ... -p/4761334


If my stupid ass didn't dick around with credit cards and checking accounts over the last two years, I'd probably go for it, especially since it's now available in my home state (NY). It completely wipes out the fee charged by Plastiq, so imagine throwing $3,000/month on the card, your monthly rewards will be $75.00, or $900 a year.

I'll tell you what, if another major bank comes out with a card with the same characteristics as the USAA Limitless card, AMEX is gonna sweat like crazy. This thing would be more popular than when the CSR came out due to it's no AF and because most people don't travel frequently. But knowing AMEX they'll still just sit around and say, "well $25 increments only folks, and you have to wait an extra month to get them."

I don't think I've ever seen a company just sit around as much as AMEX when the competition is starting to surpass them, and even if they did offer a straight 2.5% cash back card, it'd probably have a $350/year annual fee. Today you have banks that post rewards as soon as the transaction is done processing and for many, you can redeem as little as $0.01 at a time, and for the rest, you can redeem for $22 if your minimum redemption threshold is $20 or whatever... I just find AMEX to be odd.


While I agree that Amex's cash redemption restrictions are beyond stupid, they are designed to force you to continue to use the card. From a business POV it makes sense but they should eliminate it if they want to keep customers. That said, I still think most consumers don't really care about these things. They probably only redeem occasionally anyway

mountaindewvoltage
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Re: Amazon Prime Credit Card

Postby mountaindewvoltage » Tue Feb 21, 2017 11:27 pm

kdm31091 wrote:
mountaindewvoltage wrote:
CarefulBuilder14 wrote:Re: 2.5% USAA:
http://ficoforums.myfico.com/t5/Credit- ... -p/4761334


If my stupid ass didn't dick around with credit cards and checking accounts over the last two years, I'd probably go for it, especially since it's now available in my home state (NY). It completely wipes out the fee charged by Plastiq, so imagine throwing $3,000/month on the card, your monthly rewards will be $75.00, or $900 a year.

I'll tell you what, if another major bank comes out with a card with the same characteristics as the USAA Limitless card, AMEX is gonna sweat like crazy. This thing would be more popular than when the CSR came out due to it's no AF and because most people don't travel frequently. But knowing AMEX they'll still just sit around and say, "well $25 increments only folks, and you have to wait an extra month to get them."

I don't think I've ever seen a company just sit around as much as AMEX when the competition is starting to surpass them, and even if they did offer a straight 2.5% cash back card, it'd probably have a $350/year annual fee. Today you have banks that post rewards as soon as the transaction is done processing and for many, you can redeem as little as $0.01 at a time, and for the rest, you can redeem for $22 if your minimum redemption threshold is $20 or whatever... I just find AMEX to be odd.


While I agree that Amex's cash redemption restrictions are beyond stupid, they are designed to force you to continue to use the card. From a business POV it makes sense but they should eliminate it if they want to keep customers. That said, I still think most consumers don't really care about these things. They probably only redeem occasionally anyway


In my opinion those who don't care about rewards and benefits probably wouldn't have an AMEX in their wallet anyways.

I remember when I didn't care much and I just threw AMEX offers in the garbage, mainly because I said to myself, "Why would I use a card that isn't accepted everywhere? "

kdm31091
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Re: Amazon Prime Credit Card

Postby kdm31091 » Wed Feb 22, 2017 6:27 am

I think a lot of people in the general population just open a card with their bank and use it for everything. Speaking from a long time in retail, I see a LOT of cards from our local banks (like TD Bank and PNC), and comparatively not as many from Amex, or Chase, or Citi (who aren't local here). Sure, I see non-local bank credit cards, but it's not as prevalent as the local ones.

I also think a lot of people aren't really aware of the benefits/rewards offered and may redeem points occasionally but really don't pay it much attention. For them, the $25 increment really doesn't matter and Amex is happy because they can withhold your rewards longer. Sneaky and stupid yes, but I'm sure most people don't complain about it, only us credit nerds do :)



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