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The Chase Prime Visa is literally one of the most PREDATORY, borderline ILLEGAL cards in the entire credit card industry.
Charge $1000 on this card, pay off $900. You should only be charged interest on $100, but the interest is for the full $1000. Yeah, GTFO. Show me any other charge card that does this.
People make mistakes with auto-pay. Sometimes despite one's best efforts or a family medical emergency, you miss paying off the full balance one month. I get this card has no annual fee and Chase has to make their profits somehow, but this is legit the most predatory way to do it. Zero-forgiveness in this card, so if you do sign up, make sure you never under any circumstance miss the full payment, even by missing one cent or by one day.
I'd rather carry Chase Freedom Flex + Discover IT cards (both with no annual fee), take advantage of staggered 5% cashback on all Amazon purchases for two quarters of a calendar year (including this holiday quarter), and just not deal with the BS.
A lot of you out there are chasing a $200 gift card carrot, but the 100% accrued balance interest penalty stick may hit you back a lot harder in the long run...
Declined with an over 800 credit score.
If you visit the page for this, you can do a pre-qualify check before actually applying.
Also, right after you get approved, you can grab a referral link to have friends/family use and you can get another $50 per each approved referral. (Up to $500)
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Our community has rated this post as helpful. If you agree, why not thank Manlet
11-17-2023 at 10:15 AM.
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from RMW_NYC
:
Same here..I keep getting a $60 offer. Could it be because my Prime membership is part of a household membership and not the primary account holder?
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from CptBlood
:
Getting $60 offer
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from RMW_NYC
:
Same here..I keep getting a $60 offer. Could it be because my Prime membership is part of a household membership and not the primary account holder?
If you're under a granfathered shared prime account, you won't get this offer. The "new" shared one, sharing with one household member should work on both accounts.
Stuck in limbo, neither approved nor rejected (yet). So much for pre-approval and instant decision 800+ credit score Will probably get the reject letter in the mail
Got approved in seconds! For those getting rejected with high credit scores maybe have reached their chase limit (5/24 rule) with cards or maybe have no credit history with chase. Remember that this card is issued by chase. I have 3 cc with chase and think maybe that's why I got approved.
So, I applied using the link and I was approved and also received 200$ gc. I am on prime trial. I have a question now - what happens if I don't continue my prime after trial? Will I be charged an annual fee? I understand that I won't be getting 5% bonuses after that. Will appreciate some insight.
Our community has rated this post as helpful. If you agree, why not thank WyattN1989
11-17-2023 at 06:49 PM.
Just a warning to folks, if you don't pay off the entire balance of this card each month you are charged interest on the entire accrued balance for that period plus the grace period. If you read reviews on this card it's one of the most predatory out there.
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Charge $1000 on this card, pay off $900. You should only be charged interest on $100, but the interest is for the full $1000. Yeah, GTFO. Show me any other charge card that does this.
People make mistakes with auto-pay. Sometimes despite one's best efforts or a family medical emergency, you miss paying off the full balance one month. I get this card has no annual fee and Chase has to make their profits somehow, but this is legit the most predatory way to do it. Zero-forgiveness in this card, so if you do sign up, make sure you never under any circumstance miss the full payment, even by missing one cent or by one day.
I'd rather carry Chase Freedom Flex + Discover IT cards (both with no annual fee), take advantage of staggered 5% cashback on all Amazon purchases for two quarters of a calendar year (including this holiday quarter), and just not deal with the BS.
A lot of you out there are chasing a $200 gift card carrot, but the 100% accrued balance interest penalty stick may hit you back a lot harder in the long run...
Also, right after you get approved, you can grab a referral link to have friends/family use and you can get another $50 per each approved referral. (Up to $500)
Sign up for a Slickdeals account to remove this ad.
Our community has rated this post as helpful. If you agree, why not thank Manlet
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Does anyone know if the refer friend link is available now? Mine is not showing on both app and desktop.
Instantly added to my account. Thank you!
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Our community has rated this post as helpful. If you agree, why not thank WyattN1989