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Its one of those things. If you know, you know. Easy money.
That's B.S. Wifey and I apply for at least 6-8 cc's/year and our credit rating is around 830/ea. Applying for a cc makes a tiny hit to your cc rating which goes away pretty quickly.
If your credit rating is so bad that your worried about this, then you have bigger financial problems to solve.
The amount of new accounts opened per year is only a small percentage of the overall credit formula. The majority of your score is based on you debt to income ratio. I open around 4 cards per year and sit around 790-810 credit score. That is still in the range to get the best available interest rates.
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Do you actually cancel them after to only reap the sign on bonus etc or just hold on if no annual fee?
canceling actually hits your score, especially accounts that are "young." if no annual fee, you should hold, unless you're having issues hitting your credit limit i.e. you have 10 cards with 100k total credit limit and now you want an 11th card but the finance co's will give you a tiny limit because your total limit is already near max
So my wife has the Amazon Prime account in her name. I have the solid credit though. Can I apply under her account and have it loaded to her account? Guessing they won't let spouses do that since name on Prime Account needs to match cc.
I had no issue the other day using my dads account since I don't have prime myself. Used my name and address for the CC application but used the email that he uses for prime when signing up just to be safe. Got instant approval and the gc in the account.
That's an insane deal for this card. Some benefits not advertised it has warranty extension, purchase protection, cell phone protection (if you pay your bill with it), luggage insurance (also if you pay with it), and some more minor things.
Sucks that it's chase. I've opened 6 credit cards in the last two years so automatically denied. Synchnony Also sucks due to the low credit limits. Because of this it puts a sour taste in my mouth with Amazon. Wal mart/ capital one are much more generous. I get credit limits ten fold with capital one.
Don't forget if you have a card already you can get an extra 50$ referral bonus if you refer someone. Came in form of 50$ Amazon gift card so 250 gift card total.
I had this chase Amazon visa credit card before , and closed it.
Anyone knew what is the period I can churn this offer (counted from closing date or last time I got bonus), or that is one time per lifetime like AMEX card
Get this every time I try pre qualify - got same message 6 months ago - not gonna do it as I have over 5 cards in 24 months "Unfortunately, we were unable to process your pre-qualification request at this time because we were unable to obtain your credit report."
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If your credit rating is so bad that your worried about this, then you have bigger financial problems to solve.
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but yeah if you're trying to min/max or that extra $500 makes a big difference then there's better deals out there
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Dropped prime due to it!
EDIT: HOLY CREDIT LIMIT!!!! Anyone else getting gigantic credit lines?
Anyone knew what is the period I can churn this offer (counted from closing date or last time I got bonus), or that is one time per lifetime like AMEX card
thanks
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