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New Chase Amazon Prime Rewards Card
- Thread starter ColdPizza
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I suppose it takes awhile to get those emails out. I haven't received one yet.
Zoe
Member
My email originated from Chase, not Amazon.
They raise cost. Amazon is now more expensive then a lot of sites.
a very cute dog
Member
I order from Amazon a LOT. Is this worth getting?
That's for Chase's other cards.
This is the Amazon branded Chase card.
Do you want free money back?
I'm on the phone with chase now:
The card is a partner card, meaning that any rewards you get on it CANNOT be transferred to another chase card like the sapphire reserve. You can, however, transfer points from a chase card TO a partner card.
Any rewards you generate with this amazon card are managed by amazon, not by chase.
Since it's a partner card it is not eligible for product upgrade. Normally with a chase account open over a year you can change the type of card on the account, for example I changed my old sapphire to a freedom to churn points. I just inquired about changing a third account I have over to this card, but it's not possible.
The card is a partner card, meaning that any rewards you get on it CANNOT be transferred to another chase card like the sapphire reserve. You can, however, transfer points from a chase card TO a partner card.
Any rewards you generate with this amazon card are managed by amazon, not by chase.
Since it's a partner card it is not eligible for product upgrade. Normally with a chase account open over a year you can change the type of card on the account, for example I changed my old sapphire to a freedom to churn points. I just inquired about changing a third account I have over to this card, but it's not possible.
SubScorpianZero
Member
they need to offer a credit card that includes amazon prime yearly as a perk. I'd get a new card asap.
Ah. Well then that's good.
The Albatross
Member
When you sign up for a credit card, say through Chase, you create an online account, and then there is a bill payer screen that you would save your Debit/CheckingAcct to that you will use to pay that card off/down. When you go to pay your credit card, you pay through that bill payer screen on Chase.
Alternatively, you could setup a bill payer through your existing bank to write a check to Chase. Or, you could write a check yourself and mail it.
It's like linking a card/acct to PayPal, Venmo, your electric company, Verizon, Xbox Live, PSN, Amazon, or any other service.
The Chase Amazon card is decent for rewards. The APR will probably be higher than other cards offered through your bank. It's been my primary card for 6 or 7 years now and I like the card. I recently pooled up my points for quite a while and bought the new 15" MacBook Pro with points and a few gift cards. It was some $1500 worth of points, which took me quite a while to accumulate, but typically I get more in points than I pay in interest, so I'm "being paid to use the card," in a sense.
The risk with any card, of course, is that you run a balance.
This would be like using Chase Freedom ultimate points on Amazon. I always just use the Ultimate points as a statement credit.
The Amazon Visa should be a full 5% without conversion loss....I hope.
Edit: The Amazon card earns "Amazon Points" not "Ultimate Points" so I believe this is right.
Ah. That's a lot easier than I thought. I think I'll go for it then. I use Amazon a lot.
StanleyStutters
Member
Looks like it from what I seeing. I signed up today and already got my $70 GC deposited in my Amazon account. The big thing to look out for is interest. Reward cards typically carry a much higher interest rate than what you'd get from a basic credit card at your bank or credit union. As long as you don't carry a large balance, or better yet pay it off every month, the rewards should be more than worth it.
PS if you're using UR points as credit you're missing out on their potential. Statement credit is 1%, certain cards will let you book travel at 1.15 (sapphire preferred) or even 1.5% (sapphire reserve).
The sapphires also let you transfer points directly to miles with star alliance, southwest, hilton, hyatt etc, which will generally net you better than 1%.
The sapphires also let you transfer points directly to miles with star alliance, southwest, hilton, hyatt etc, which will generally net you better than 1%.
Yes, everyone will get a new physical card
Store card is easier to get for some people
amazon card doesn't give UR points
Yup, but 5% is better than 4.5% (3x1.5) so it still works out in your favor!
That's for Ultimate Rewards points though; the Amazon card doesn't give those so that doesn't apply here.
Admiral Woofington
Member
I got this card a year or year and a half ago and I already have 300 bucks in points. I won't use the points until
A. 4k tvs are cheaper as they become the standard.
B. Online content has 4k content regularly.
C. With emperor trump elected Internet companies don't fuck over customers with data caps again.
This card is a God send for someone like me that shops on Amazon all of the time
A. 4k tvs are cheaper as they become the standard.
B. Online content has 4k content regularly.
C. With emperor trump elected Internet companies don't fuck over customers with data caps again.
This card is a God send for someone like me that shops on Amazon all of the time
HammerOfThor
Member
the store card was already 5% for prime accounts
Massicot said they use their UR points as statement credit. I wasn't talking specifically about the amazon card.
You can do it through Amazon.com
BronsonLee
Member
This card is boring
I've had it forever and never use it
I've had it forever and never use it
terencecah
Member
Hmm yes I'll sign up for this, I spend lots of money on Amazon
I use my Citibank double cash for everything else
I use my Citibank double cash for everything else
a very cute dog
Member
So ideally if I pay it off every month (which I do with other cards) it's win/win? It seems like a good idea but I've never signed up for a "3rd party" card like this so I'm very slightly sketched out.
Ron Mexico
Member
I would drop the ideally part, but otherwise yeah. The poster was correct about the typical APRs on rewards cards are generally extremely high in comparison. Even carrying a balance for a couple months could easily wipe out the savings in points you've earned.
Treat it like a debit card basically and yea. Never carry a balance except for emergencies. Look at your bank account to decide what you can afford, not your credit limit.
metsallica
Member
Felt like adding... I'm probably just naive here, but it was pretty cool to go from the announcement web page to having the card in my account ready to use with the $70 gift card in 30 seconds. The world is crazy.
fredrancour
Member
it is very terrifying how quickly one can get a credit card online yes.
Splash Wave
Member
Is it best to sign up for the card when making a large-ish purchase? I always see that little bulletin offering discounts for signing up, but I never do.
a very cute dog
Member
Hey, I can do that. Makes sense that they'd have a high APR in the hopes of people keeping a balance. Thanks!
Zoe
Member
That's the kind where you can log into Prime Video with your own account, right?
Do you both use the same card (one of you as authorized) or do you have separate credit cards?
Hoho for breakfast
Member
This is awesome for me. I'm so used to 3%. I just had to go to manage payment options and verify my card number and now I get 5% back.
TurboButts
Member
Huh, that option never dawned on me. How do I do this exactly? I'm not seeing an option on Chase's website to pay my balance with points.
Edit: Nevermind, I'm blind. Under "Amazon Rewards" on your account page click See Balance > Redeem > Redeem Rewards > Cash Back (in case others weren't aware)
I have to sign onto the main account if I want Prime Video. So then am I also ineligible for this upgrade?
Family member or family member account? Like do you and your wife share the same login?
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