Amazon Prime 5% cash back cc

[ExFlyBoy5]

Strange how that works - I now have three Chase cards, the first is a Disney Visa that I never use with a $7500 limit that has never increased, the second is an IHG Rewards Visa that I only use for hotel stays and that one came with a $32,000 credit limit, now this Amazon card that also came with a $7500 limit.

I also got a $70 gift card - between that and the 5% it saved me $85 on an order last night.

Well, this AM I got an email from Chase showing that the limit had been increased to $7,000. Still not sure why the initial amount was $500, but whatever. Prior to getting this card, my Chase cards had the following limits:

Freedom: 10K
Marriott: 18K
IHG: 6K
Sapphire Reserve: 32K

So even before the Amazon card, Chase had extended me over $65,000 of credit and that is all reporting an income that isn't all that large (since I *am* retired).

Nonetheless, glad to get the 5% (and the $70 credit!) since I use Amazon for a LOT of my purchases.

 

[exnavynuke]

So, on the topic of limits and Chase... I've never been a "get higher limits" kinda guy until I decided to help my brother (and myself out) and added him as an authorized user on my IHG rewards card that he uses for hotels (mostly work travel and sends me the money when the expenses get paid through work). I noticed that the "low" limits I had were kinda annoying last year and decided to do something about that. So, I had:
NFCU - $5,000
Chase Freedom - $4,500
Chase IHG Card - $4,500
USAA - $7,500

I thought about it when Sam's club offered me a $5k "approved now" with total credit line to be determined later card that I declined. So I called Chase and asked for an increase on the IHG Card (since I couldn't find an increase request that worked online). I punched in my income (6 figures) and my mortgage/rent amount ($485/month) and was told my request couldn't be automatically approved and would have to see an agent. I asked if I could talk to one and after a 45 minute phone call (during which they offered to "transfer" some of my credit line from the Freedom card to my IHG card), they upped by IHG card limit to $8k.

The same day, I went online to NFCU, put in the same info and asked for my credit limit to be increased to $10k, 2 seconds later it was approved automatically.

So, Chase was nice enough to give me a $3,500 increase after referring me to their specialist or whatever...

Fast forward, and now a few months later I apply for this card through Chase, and am immediately approved for $5k... then I log in today and it's been automatically raised to $9k without me asking anything....LOL

They wouldn't give me half that much of an increase in credit a few months ago when I was asking for it but now they're giving it to me and increasing my limit without me even having to ask for more. I don't think I'll ever understand how they make their credit line decisions over there at Chase

 

[CaptTom]

We got the Amazon 5% store card, thanks for passing the word!!

Do you get an actual card in the mail?

We got approved, and the card is on the list of cards we can pick from to pay, but then we're prompted to confirm the card number. They never gave us the number, just the last 4 digits!

 

[hesperus]

We got the Amazon 5% store card, thanks for passing the word!!

Do you get an actual card in the mail?

We got approved, and the card is on the list of cards we can pick from to pay, but then we're prompted to confirm the card number. They never gave us the number, just the last 4 digits!

yes, you get a physical card (chipped)

 

[REWahoo]

We got the Amazon 5% store card, thanks for passing the word!!

Do you get an actual card in the mail?

We got approved, and the card is on the list of cards we can pick from to pay, but then we're prompted to confirm the card number. They never gave us the number, just the last 4 digits!

There are two 5% Amazon cards for Prime account holders:

1. The Amazon Store Card issued by Synchrony Bank. Cannot be used anywhere other than Amazon & pays 5%.

2. The Amazon Rewards Visa Signature Card issued by Chase Bank. That's the card that recently went from 3% to 5% for qualifying Amazon purchases. It is a traditional credit card that can be used for purchases wherever Visa is accepted.

 

[cathy63]

Anyone know if both people on the prime account can use this card?

From the terms for the Chase Visa Signature Rewards card:

% Back and Points: “% Back rewards” are the rewards you earn under the program. % Back rewards are tracked as points and each $1 in % Back rewards earned is equal to 100 points. You may simply see “% Back” in marketing materials when referring to the rewards you earn. Eligible Prime memberships only apply to Amazon.com accounts (and not accounts on any other affiliated websites outside of the U.S.) and may include, in Amazon’s sole discretion: annual and monthly Amazon Prime subscriptions and members of their Amazon Household (excluding Amazon Prime Video and invited guests of an Amazon Prime account), Amazon Prime Fresh, Amazon Family, Amazon Prime Student and trial memberships of Amazon Prime.

My reading of this is that if you are setup as a legit Amazon Household as opposed to an invited guest, and both of you keep this card in your Amazon wallet as your primary payment card (that requirement is described elsewhere), then you should both get 5%. There is also a link you can use to add an authorized user and get a second card with the other person's name. We'll probably do that once the main card arrives.

 

[RonBoyd]

I had to manually go into my Amazon account and change my settings.

How did you manually go into your Amazon Account? The instructions from Chase gave me no indication of the rebate percentage.

 

[Focus]

How did you manually go into your Amazon Account? The instructions from Chase gave me no indication of the rebate percentage.

I shared Chase's step-by-step instructions for finding out your current percentage (and bumping it up to 5%) in my post above: #44.

 

[Focus]

I have a tangential question. I picked up another credit card about a year ago solely because it had no foreign transaction fees. I've used it only while traveling, and it's been inactive otherwise.

Now that the Chase Amazon Rewards card has removed foreign transaction fees, I have no need for the other card. Should I close the card account or just leave it inactive indefinitely (there's no annual fee)?

 

[Walt34]

Now that the Chase Amazon Rewards card has removed foreign transaction fees, I have no need for the other card. Should I close the card account or just leave it inactive indefinitely (there's no annual fee)?

As I understand it your credit score will take a mild hit because your total available credit will have dropped. What percentage of available credit that is depends on what other sources of credit your have. For example if you have lots of cards with high limits the effect would likely be negligible, perhaps even unnoticeable. But if it is say, one of three cards and amounted to a third of your available cc credit, then the hit would be larger.

At least that's how I think it works. If I'm mistaken I'm sure the error will be pointed out.

 

[Mango1956]

Our credit is frozen for security, so as expected, they didn't approve it right away, and probably won't unless we unfreeze our credit. I guess I could spend time and money doing that, but chasing reward dollars every time they come available? Hmmmm...

 

[RonBoyd]

I shared Chase's step-by-step instructions for finding out your current percentage (and bumping it up to 5%) in my post above: #44.

Yes, those were the instructions I followed (and is also the post where you said you manually corrected the percentage).

After following the instructions, the expanded (I assume that means to click on the "down arrow") details gave Name on Card, Billing Address, Use this card across all of Amazon, Lost or stolen?, Replace the card, Delete and Edit. Nowhere do I see current percentage.

Therefore, my question of how to manually change the percentage was simply a search for discovering my particular rebate percentage. I have failed in my efforts to do that. So, again, how did you do it?

 

[cathy63]

Yes, those were the instructions I followed (and is also the post where you said you manually corrected the percentage).

After following the instructions, the expanded (I assume that means to click on the "down arrow") details gave Name on Card, Billing Address, Use this card across all of Amazon, Lost or stolen?, Replace the card, Delete and Edit. Nowhere do I see current percentage.

Therefore, my question of how to manually change the percentage was simply a search for discovering my particular rebate percentage. I have failed in my efforts to do that. So, again, how did you do it?

For me, the "Rewards Status" is in the expanded window on the left, just below "Name on Card". What you're describing, without that line, is what I see on my non-Amazon card.

Are you the primary card holder or an authorized user on the Amazon card? Is this card selected for "Use this card across all of Amazon"?

 

[RonBoyd]

For me, the "Rewards Status" is in the expanded window on the left, just below "Name on Card". What you're describing, without that line, is what I see on my non-Amazon card.

Are you the primary card holder or an authorized user on the Amazon card? Is this card selected for "Use this card across all of Amazon"?

Hmmmm. It is listed as "Amazon.com Store Card ending in xxxx. There is nothing directly under my name. I am the primary (and only) card-holder and it is, in fact, selected for "Use this card across all of Amazon."

 

[REWahoo]

Hmmmm. It is listed as "Amazon.com Store Card ending in xxxx.

RonBoyd, see post #55 in this thread. Note the difference between the "store card" and the "rewards card".

 

[RonBoyd]

RonBoyd, see post #55 in this thread. Note the difference between the "store card" and the "rewards card".

Well, that would explain things a little. The confusion is probably caused by the "Confirmation" e-mail that says, "You will receive your Amazon Prime Store Card which contains your 16-digit account number in the mail within 7-10 days. Once you receive it, you can sign up for online account access at syncbank.com/amazon." where you will "learn how to earn 5% back with the Amazon Prime Store Card." I, of course, haven't received it yet.

Interesting marketing.

 

[gerntz]

What happens to the $99/yr Prime fee?

 

[audreyh1]

Well, that would explain things a little. The confusion is probably caused by the "Confirmation" e-mail that says, "You will receive your Amazon Prime Store Card which contains your 16-digit account number in the mail within 7-10 days. Once you receive it, you can sign up for online account access at syncbank.com/amazon." where you will "learn how to earn 5% back with the Amazon Prime Store Card." I, of course, haven't received it yet.

Interesting marketing.

Synchrony issues the Amazon Store Prime card.
Chase issues the Amazon Rewards VISA credit card.

So you got the Amazon Store Prime card. Were you expecting the VISA card?

Clearly you weren't following any instructions from Chase, as you got a message from Synchrony.

 

[RonBoyd]

So you got the Amazon Store Prime card. Were you expecting the VISA card?

Clearly you weren't following any instructions from Chase, as you got a message from Synchrony.

Yeah, I guess I was expecting it to be a credit card. However, I was going to use it in the way it turned out anyway so I wasn't really paying attention. <shy grin>

The instructions I followed were those laid out in message #44 in this thread.

 

[audreyh1]

Yeah, I guess I was expecting it to be a credit card. However, I was going to use it in the way it turned out anyway so I wasn't really paying attention. <shy grin>

The instructions I followed were those laid out in message #44 in this thread.

Except you did not expand the details of the Amazon Rewards Visa Signature Card from Chase. Not that it matters if you are happy with the Amazon Store Card instead - that's what we use. Just a detail I point out for anyone else following the discussion.

 

[Alan]

DW just got an email informing her that her Amazon Rewards Visa Signature Card terms had changed. When I looked at what the changes were I see that it is now 5% off Amazon purchases and also no foreign transaction fees when used abroad.

 

[jonat]

I have two Chase cards already, each with a $30K+ limit, but I order a lot from Amazon and the 5% is just too tempting, plus $70 credit. Was approved instantly for $5K, which is fine with me, and I could use it right away. It will also make a good backup to the CSR for foreign travel, as the Freedom Unlimited card has a foreign fee. I always pay in full each month.

Edit: The actual credit line is $10K, according to the Chase site.

 

[ExFlyBoy5]

Except you did not expand the details of the Amazon Rewards Visa Signature Card from Chase. Not that it matters if you are happy with the Amazon Store Card instead - that's what we use. Just a detail I point out for anyone else following the discussion.

Here is what mine looks like when you expand the card...

 

[PaddyMac]

We also had the 3% Chase Amazon VISA cards, but these are the ones that have automatically been bumped up to 5% by Chase. We use these as our regular personal VISAs.

Our Amazon Chase Business card has not been bumped up, but I had already switched to the Amazon Store Card* (from Syncrony) which gives 5% back on everything you buy on Amazon. Everything, from any seller, and it's credited every month so you don't even have to ask for it.

* One advantage of the Amazon Store Card is that it lists all the items you bought for that transaction. Very handy for business purchases in particular. I got tired of trying to figure out what the generic "Amazon" transaction was.

 

[skipro33]

I've got a Amazon Chase Visa card, but only the family Prime, not a paid-for Prime membership. So I only get 3%

However, just checked. I spent a little over $4,000 at Amazon over the past 12 months. The difference between a 3% rebate and a 5% rebate is less than $100, so it doesn't pay to get the Prime in my situation.