"Longevity Should Matter"
Amazon Prime Rewards Visa Signature Card Review
Written by: moneyes on 2017-03-08
Overall Satisfaction
Customer Service
Rewards
Account Management
Delivery Time
moneyes's review: My 710 put me at roughly 17%. My credit history goes back a long time, so I wish these companies would take that into consideration when determining your APR.
Other than that, no complaints about the card..
Other than that, no complaints about the card..
2 Comments
Comment 1 by finance globe
Re: Longevity Should Matter on 2017-03-19
Frustration, yes. Rates have crept up broadly over the years, while our savings rate has been at the floor. Not a fair practice at all in my view.
I highly suggest to pay off your balance before the grace period expires, and use cards for rewards / credit building purposes. Congrats on your approval, hopefully you can get that rate down. Please let us know what you think of the card after a while!
Frustration, yes. Rates have crept up broadly over the years, while our savings rate has been at the floor. Not a fair practice at all in my view.
I highly suggest to pay off your balance before the grace period expires, and use cards for rewards / credit building purposes. Congrats on your approval, hopefully you can get that rate down. Please let us know what you think of the card after a while!
Comment 2 by goldbug
Re: Longevity Should Matter on 2017-04-03
That 17% might take into account just how long your credit record is. The figures I hear now are normally closer to 24% for many cards as the rates just seem to climb up.
That 17% might take into account just how long your credit record is. The figures I hear now are normally closer to 24% for many cards as the rates just seem to climb up.
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Disclaimer: This content is not provided by Chase. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Chase. Review content is powered by Finance Globe.