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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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I ended up calling the verification department at 1-800-278-8830. They immediately processed the application. Email approval sent and $200 added to my Amazon account immediately while I was still on the phone.
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...
Real slickdealers dont pay CC interest to enrich banks.
if you've done this in the past, can you cancel and reapply? Is there a 24 month wait or anything? Just curious, I still have the card from earlier this year when they gave $200.
Did this a while ago and was thinking about canceling the card once I got the $200, but we use Amazon so much that it just became the de facto "Amazon" card and sometimes we get 6% back if we delay shipping - such a deal especially when you pay off every month. It's great to either get cash or Amazon credit dollar-for-dollar anytime, no need to wait annually - wonder why the Amazon credit isn't higher than cash though.
I've had one of these cards for years, and it is great. Not only do you get 5% back on your Amazon purchases (which with Subscribe and Save is usually cheaper than driving to Walmart), but you also get the added purchase protections that come with a VISA card. Specifically, the free extended warranty through VISA. And since everything I buy is documented on Amazon, it makes it easy to pull the receipts.
Just make sure not to use your cc rewards on your purchases, or you will lose out on the 5% earnings for that purchase.
Help me understand, so what do I use the credit card rewards for if not to reduce the price of what I purchased on Amazon? I apologize in advance of this is a no-brainer answer and I'm just not using my brain right now.
800+ credit score and got a message that they will take up to 30 days to approve or not. I already have 2 Chase Freedom + 1 Chase Disney + 1 Chase United so might be maxed out with Chase.
800+ credit score and got a message that they will take up to 30 days to approve or not. i already have 2 chase freedom + 1 chase disney + 1 chase united so might be maxed out with chase.
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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.
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...
Sign up for a Slickdeals account to remove this ad.
Just make sure not to use your cc rewards on your purchases, or you will lose out on the 5% earnings for that purchase.
Help me understand, so what do I use the credit card rewards for if not to reduce the price of what I purchased on Amazon? I apologize in advance of this is a no-brainer answer and I'm just not using my brain right now.
2% cash back instead of 5%
5/24?
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Unfortunately, we were unable to process your pre-qualification request at this time because we were unable to obtain your credit report.