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Old 09-06-2020, 07:01 AM   #21
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General question on the Amazon card. What credit line amount are they extending to folks?
Low. Mine may only be $3000. I rarely go above $1000. Only use it for Amazon purchases.
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Old 09-06-2020, 07:42 AM   #22
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You only have to sign up once, yet get rewards every year. There is no annual fee. Why are you comparing with a 2% card and looking at one year? Are you including the annual Amazon Prime fee in your calculations? The Prime fee is to cover free fast shipping, prime video, a few other perks - it's not a credit card annual fee.
Exactly. It took me all of 10 mins to apply and setup, DH did the same, there were instant rewards at the time which put something like $170 in gift cards in my account. It tied immediately to my amazon shopping, I set it as default, and it's Chase so I linked it in my bank account to auto pay.

i don't know how much I spend there each year, but I do have a lot of staples via subscribe/save delivered monthly, and use Prime. I shop around, and I'm well aware amazon is often not the best price, but when they are, it's pretty good. I don't go to WF often, but when I do the 5% there is nice too.

The "base" card gave me a lower limit (that's the 3% one) but after you get that approved you go on to step 2 for the Signature card, and that I got 10k for. Meaningless really because I never spend much there in a month.
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Old 09-06-2020, 08:02 AM   #23
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The Amazon Store card is issued by Synchrony bank. The Chase Amazon VISA later stepped up their game to also offer 5% off to Amazon Prime members.
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Old 09-06-2020, 09:27 AM   #24
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Originally Posted by audreyh1 View Post
You only have to sign up once, yet get rewards every year. There is no annual fee. Why are you comparing with a 2% card and looking at one year? Are you including the annual Amazon Prime fee in your calculations? The Prime fee is to cover free fast shipping, prime video, a few other perks - it's not a credit card annual fee.
Good points.

Plus, if one does not sign up for Prime the Amazon CC still gives 3% back, IIRC.
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Old 09-06-2020, 09:58 AM   #25
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One trick I use to optimize rewards is to use gifts cards. I have a Blue Cash Preferred Amex that pays 6% for grocery store purchases. I buy Amazon, Ebay and gasoline gift cards when anticipating a bigger purchase to net the 6% "grocery" category rewards. I have thought about getting an Amazon card, but I like keeping my credit card count down to 3.
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Old 09-06-2020, 11:10 AM   #26
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You only have to sign up once, yet get rewards every year. There is no annual fee. Why are you comparing with a 2% card and looking at one year?
I'm comparing the AMZN Prime card with my Citi DoubleCash 2% card because what I'm interested in is the additional cash back I'd get from using the AMZN card. And with my household Amazon spending in the $2,000/year range, the extra cash back I'd get is only about $60/year. I know it's a "set it and forget it" system with no annual fees, but still, it's quite a small amount of money in the grand scheme of things. I typically only sign up for cards that give much higher cash rewards/bonuses. Obviously, I do realize that it's an ongoing cash back situation, so looking at only one year isn't valid. But still... I would barely have even gotten $200 in additional cash back by the year 2024 if I sign up and start using it this month!

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Are you including the annual Amazon Prime fee in your calculations? The Prime fee is to cover free fast shipping, prime video, a few other perks - it's not a credit card annual fee.
Not exactly sure what you mean. I realize the Prime fee is for Prime services like free shipping, etc., and is not the Prime credit card annual fee. The Prime subscription AF doesn't figure into my calculations, since it's a sunk cost.

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Considering you've probably spent more effort thinking about it and posting and discussing your quandary here than it takes to sign up for the card, I'm not sure what your "is it worth bothering" level is.
Fair point, although I was mostly using this specific "quandary" scenario to ask how others determine whether or not a rewards CC is worth getting. You seem to be in the "totally worth it" camp when it comes to the Prime CC, so let me ask you this. If you already had a card giving 2% cash back on all purchases (like the Citi DoubleCash), would you sign up for and use the Amazon Prime card if, instead of 5% cash back, it gave only 2.5% cash back? If you spent $3,000/year at Amazon, that 2.5% would net you an additional $15/year over the Citi CC. What amount of cash back is too low, in your opinion, to be worth getting and using a new CC? That's what I'm really asking in this thread.
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Old 09-06-2020, 11:27 AM   #27
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One trick I use to optimize rewards is to use gifts cards. I have a Blue Cash Preferred Amex that pays 6% for grocery store purchases. I buy Amazon, Ebay and gasoline gift cards when anticipating a bigger purchase to net the 6% "grocery" category rewards. I have thought about getting an Amazon card, but I like keeping my credit card count down to 3.
Ohhh, thatís an interesting idea.
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Old 09-06-2020, 12:36 PM   #28
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...I do have a lot of staples via subscribe/save delivered monthly...
I love subscribe and save. I have about 30 items on the monthly list, but I "skip" most of it, that we don't need. So we usually end up getting about 5-10 items per month for the full discount. Mostly household staples like paper items, cleaning supplies, some food items. I sometimes add an item, like a laser toner cartridge, for the 15%. I then remove it as soon as I receive it. Some items get 20%, like our dog food. That, combined with the 5% cash back from the Chase card is a great deal. It does take some effort to watch pricing and maintain the list every month. But the result is 20-25% off. Plus they deliver it to my doorstep, which saves gas, time, etc.

On average, we spend about $700/mo at Amazon. That's $8,400/yr. So the additional cash back, versus using our Fidelity 2% card, is $252/yr ($8,400 * .03). Well worth the one-time investment of 10 minutes to apply.
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Old 09-06-2020, 12:39 PM   #29
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Originally Posted by bada bing View Post
One trick I use to optimize rewards is to use gifts cards. I have a Blue Cash Preferred Amex that pays 6% for grocery store purchases. I buy Amazon, Ebay and gasoline gift cards when anticipating a bigger purchase to net the 6% "grocery" category rewards. I have thought about getting an Amazon card, but I like keeping my credit card count down to 3.
I've done the gift card thing as well. Usually at Kroger because they also give 2X (and sometimes 4X) fuel points on gift card purchases. I use an old grandfathered AMEX Blue Cash that gives 5% on groceries, gas, and drug stores with no annual fee.

So a $250 gift card purchase at Kroger gets $12.50 (5%) cash back, plus 1000 fuel points, which equates to $1/gal off, up to 35 gallons. Total benefit is $47.50 or 19% of the $250. With 2X fuel points, it's still a respectable 12%. But either way, to get the whole benefit, you have to purchase 35 gallons at one time. Easy for me with a Suburban and a 5-gallon can.
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Old 09-06-2020, 12:42 PM   #30
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Odds are you will keep spending more and more on Amazon!
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Old 09-06-2020, 01:07 PM   #31
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I admit we send considerably more on Amazon. Heck, this last statement was over $1,100 and earned over $60 in rewards. It’s more typically around half that, but still, it adds up annually.
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Old 09-06-2020, 01:53 PM   #32
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I bum prime off my sibling but I still use am amazon card on there and get 3pct caahback as a nonprime member. Win-win. No prime fees, slightly higher cashbavk than my best card (however 5pct cashback on amazon purchases on discover card start soon. You gave to sign up for ut on the discover website(
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Old 09-06-2020, 03:21 PM   #33
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I've done the gift card thing as well. Usually at Kroger because they also give 2X (and sometimes 4X) fuel points on gift card purchases. I use an old grandfathered AMEX Blue Cash that gives 5% on groceries, gas, and drug stores with no annual fee.

So a $250 gift card purchase at Kroger gets $12.50 (5%) cash back, plus 1000 fuel points, which equates to $1/gal off, up to 35 gallons. Total benefit is $47.50 or 19% of the $250. With 2X fuel points, it's still a respectable 12%. But either way, to get the whole benefit, you have to purchase 35 gallons at one time. Easy for me with a Suburban and a 5-gallon can.
Yeah, the credit card rewards are only part of the advantage. I shop Safeway when I'm buying gift cards. Safeway has a fill-up rebate on Chevron gas that I think goes up to $.25/gal based on total purchase since last redemption. They also give 1 Alaska Air mile per $2 spent and I use Alaska Airlines a lot. So overall, the purchase of gift cards probably nets out $.10 - $.12 per dollar. If I'm planning a several $100 Amazon purchase, it is well worth picking up gift cards to pay for it.

Credit card rewards can be a rabbit hole I don't want to fall too deep into though. I have an arbitrary limit of 3 credit card accounts, although I know there is a diminishing advantage to adding more cards.
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Old 09-06-2020, 04:36 PM   #34
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General question on the Amazon card. What credit line amount are they extending to folks?
I have the chase Amazon Prime card, credit limit of $12K.

In addition to the 5% back on Amazon and Whole Foods, it also gives an automatic 2% back on restaurants, gas stations, and drug stores.

We have done the "buy gift cards at grocery stores" trick there. The majority of gifts we give for the holidays are gift cards. We always buy them at grocery stores. Sometimes we have gotten more luck when our other Chase Card gives us back 5% on grocery store purchases in December.
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Old 09-06-2020, 05:34 PM   #35
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For all those enjoying gift cards with 5% rewards , Amazon sells many including Lowes , a bunch of restaurants, Sling ect. Don't have to make a trip to grocery store to score 5% rewards. They used to rotate restaurant cards as a deal of the day , $50 card for $40. Then you get 5% off the 40 you spend, but I have not been seeing(or using) those type cards since Covid.
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Old 09-06-2020, 06:47 PM   #36
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General question on the Amazon card. What credit line amount are they extending to folks?
Mine is $25k, not that I will ever spend anywhere near that amount. Typically I only have $100 to $200 per month of charges, excepting if I make large gift purchases. I have it set up for autopay and I exclusively use it for amazon purchases. The 12 entries a year I make in balancing/reconciling my checkbook is worth the extra 3% I'm getting over my everyday Citi DoubleCash CC. The only downside in using it the way I do is you see how much money you're actually spending/directing to Jeff Bezos.

edit: one of the reasons I'm more o.k. with having the amazon card is that I don't need to carry it around in my wallet since I exclusively use it for amazon on-line purchases (we don't shop Whole Foods). I have backed off on optimizing rebate cards where I have to think to hard about which card in my wallet optimizes the rewards this quarter for a particular purchase. For our everyday cards we've narrowed down to carrying the CostCo card to use for Costco, gas, restaurants and travel and the Citi DoubleCash for everything else. It got to annoying and not worth the brain bandwidth to optimize rotating quarterly categories for our Discover and Chase Freedom cards.
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Old 09-06-2020, 06:53 PM   #37
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I let my Prime membership lapse.

Result: I spend far less $$.

I think Prime is a scam to make people buy more than they need.
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Old 09-06-2020, 06:55 PM   #38
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There are two cards. One is an Amazon VISA issued by Chase. This is a regular credit card that has some other reward categories. It has normal credit limits. There is also an Amazon Store card issued by Synchrony. This is for purchases through Amazon and has lower credit limits.

We switched from the Chase card to the Amazon Store card years ago because they were offering a better cash reward to Prime members. Then after a couple of years Chase matched it.
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Old 09-06-2020, 08:11 PM   #39
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General question on the Amazon card. What credit line amount are they extending to folks?


My limit is $7500 and my avg spend is <$500
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Old 09-06-2020, 11:15 PM   #40
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I do have the Amazon card and is one of 3 cards that I primarily use (Amex -- most spending, Prime Visa -- Amazon and where Amex isn't accepted), Apple (mostly for situations where I get more cash back on it than the other cards or I want to use Apple Pay).

I do have a couple of other cards I don't use that often, but I use them periodically to keep them active in case I need/want to cancel a card or have some other reason to want to have them available.

My limit on my Prime Visa card (the one from Chase) is $10,000.
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