Search results
Results From The WOW.Com Content Network
Good luck! Thanks, I'll have to do more research on some viable options. Yeah I'm working on paying down other debt as well but this does currently have the highest APR. For my other balances I have transferred to 0% introductory cards to help lower interest payments while I pay the balance.
My Prime Store Card (Synchrony) is my 2nd oldest account so I'm worried if anything will happen to my credit if I cancel Amazon Prime and pay off my store card. I'm worried because in the past, I paid it off and didn't use it again for over half a year and Synchrony reduced my available credit by several thousand which caused my credit to take ...
Re: Amazon Store Card Equal Pay vs Special Financing. @Anonymous pretty much nailed it. Put in simplest terms, let's use a $1000 purchase at 25% APR. Equal Pay: you have 12 payments of $83.33* and it's paid off within a year. That is your minimum payment each month unless there are additional balances in which case it is adjusted upward.
The "Amazon store card" is just that, a store card. It isn't cobranded by anyone. It is issued by synchrony, but it isn't on a payment network like Amex, discover, visa, or mastercard. In OP's question they specifically said the Amazon Prime Visa Card. The Amazon Prime Visa card has Visa attached to it and is issued by Chase.
Use your bank's Bill Pay feature to send the payment to Chase. This is "pushed" from your bank, and initiated by your bank. The problem with this is that your bank has no idea what the amount of the credit card statement is. There are a couple credit card issuers that send that info to the banks, but Chase does not.
Chances are the purchase will eventually get blocked. Once it's blocked, you could ask for a credit limit increase. Once your limit is high enough, you can try purchasing again. The total amount hits the credit card, and you pay it off in 12 monthly installments. If you end up not paying off the full amount in 12 months, they will hit you with ...
Realized that the Amazon card I have, doesn't have the 12-month interest free financing, so I'm looking at the Amazon Prime Store card (that can ONLY be used at Amazon, but does offer the 6-month, 12-month, or 24-month financing (depending on the purchased item). One thing that is catching my eye is 12 equal monthly payments keeps coming up.
If you're not a prime member you don't get the 5% back on amazon anymore, though the card stays open for use. I don't know if the Store card gives 5% now at whole foods EDIT: I got the email too, it's true, Amazon Prime Store card now gives 5% at whole foods. You have to link card to the app and then pay with QR code. Nice.
Basically you need to pay the minimum payment, plus all new charges from non 0% purchases. I’ve always made a manual payment through the app, never had to call and have never been charged interest. Any card that you’re combining 0% and non 0% purchases can get confusing and require a bit more work to get the payments to allocate correctly.
Affirm is separate. The “zero interest” payment plans are through the chase credit card specifically for Amazon prime. I think it just charges that amount to the credit card and freezes the interest on it for x amount of time. Edit: I’ve already acknowledged in another comment that this is incorrect.