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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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840 FICO, 220k income and got your application needs further review. 1 credit inquiry in last 12 months so kind of shocking it wasn't approved instantly. I haven't been denied for a credit cad in over a decade. I even have a chase a bank account so real curious what the hold up might be. Also $0 in carried credit card balances, I'm even so stringent I typically pay my cards mid-month so they don' report with high balances to stay under the 15% threshold where it starts to damage your credit.
Likewise, but a few days later the approval came thru and the $200 is in my gift card balance now. I assumed the delay was due to holding another Amazon CC (different bank), but who knows. Certainly not due to credit score, income, or existing debt. I didn't get any reason for the delay, just the unceremonious addition of $200 to my GC balance.
Link says 60$ for me. Is it because I used too many their bugs to get deals?
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thanks, do i need to do the prime free trial next? edit: got the trial, still $60 offer
y'all should try adding a bunch of credit cards to your account. Maybe if the system sees the account already has many credit card options it ups the offer to the full $200.
I was approved. Credit score is 830ish. Applied a month or two ago. They gave me $28,000 credit on it too, which is higher than my other Chase card ($17,000 limit)
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?
Same here! Thanks, I was wondering why I only saw $60 offer. Also thanks to everyone on the chain for the helpful info on the terms of this card, payments and interest charges.
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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.
thanks, do i need to do the prime free trial next? edit: got the trial, still $60 offer
I also have the Amex Amazon card.
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Hopefully it goes thru
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