Anyone Here Used Amazon Visa For Financing?

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BoomerD

No Lifer
Feb 26, 2006
65,697
14,099
146
Come on guyz...that gaming laptop will make him popular on his high-paying construction laborer job...you know...the one he doesn't have, but keeps talking about.
 
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dullard

Elite Member
May 21, 2001
25,782
4,323
126
It looks like that isn't for sale....
Click on the "See All Buying Options" button. Then click on Add to Cart.

Three warnings though.
1) The seller has an 80% rating, that isn't great in my mind. You might want to keep searching.

2) You left your name on the image above. I removed it from the quote so you can delete it from your post.

3) I particularly agree with the advice that others are giving. A gaming desktop would be faster and cheaper. You won't have time to game while in construction class. There is certainly no need to get that level of graphics card. And you should never finance a depreciating asset if you can have any chance to avoid doing so. That is because you will very soon owe more than it is worth--which is just a terrible situation to put yourself into. Just get that construction job and buy it with your first paycheck.

 
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Gizmo j

Golden Member
Nov 9, 2013
1,367
372
136
I'm a little confused, I heard you needed a chase bank account to get a Amazon Visa and I only have bank of America.

Then I heard you actually can get a Amazon Visa with bank of America so I called customer service and asked them if you can get a Amazon Visa with a bank of America account and the dude kept saying "I'm not sure what you mean".....

Anyone here got a Amazon Visa with bank of America?
 
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IronWing

No Lifer
Jul 20, 2001
72,112
32,427
136
I'm a little confused, I heard you needed a chase bank account to get a Amazon Visa and I only have bank of America.

Then I heard you actually can get a Amazon Visa with bank of America so I called customer service and asked them if you can get a Amazon Visa with a bank of America account and the dude kept saying "I'm not sure what you mean".....

Anyone here got a Amazon Visa with bank of America?
Chase issues Amazon Visa cards, no other bank.
 

Red Squirrel

No Lifer
May 24, 2003
69,830
13,406
126
www.anyf.ca
A credit card is not something you pay off periodically, it's something that should be paid off as you use it. If you need long term credit look into a credit line, the interest is going to be much lower.
 

waffleironhead

Diamond Member
Aug 10, 2005
7,028
533
136
Should I get a chase bank account or just buy the laptop with a bank of america credit card and pay it off periodically?
You dont need a chase bank account to get a chase credit card. Ive got like 4 different cards thru chase. If you want the amazon visa, you apply for the amazon visa.
 
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Gizmo j

Golden Member
Nov 9, 2013
1,367
372
136
A credit card is not something you pay off periodically, it's something that should be paid off as you use it. If you need long term credit look into a credit line, the interest is going to be much lower.

I can't just split the price of the laptop and pay it off monthly?

Like $150 a month for a year to add up to $1800?
 

lxskllr

No Lifer
Nov 30, 2004
59,148
9,592
126
There's a lot of ifs ands and buts regarding "free" financing. If you don't do exactly what you're told to do, when you're told to do it, you can default, and pay all the financing for the term.
 
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Red Squirrel

No Lifer
May 24, 2003
69,830
13,406
126
www.anyf.ca
I can't just split the price of the laptop and pay it off monthly?

Like $150 a month for a year to add up to $1800?

You're going to end up paying way more for that laptop in the long run.

The only things you should finance are things that will get more expensive if you wait, like housing or renovation projects.

Now we all cheat sometimes, myself included, and put stuff on credit that could have waited, but it's usually unwise to do that especially for a highly depreciating asset like a laptop. Especially when you can get a similar item for MUCH cheaper. I would start looking on Ebay at used laptops if you really need one and buy it cash. It will at least get you by. By cash I mean, use CC to pay for it as it's really the only option online but pay it off right away.
 

Gizmo j

Golden Member
Nov 9, 2013
1,367
372
136
You're going to end up paying way more for that laptop in the long run.

The only things you should finance are things that will get more expensive if you wait, like housing or renovation projects.

Now we all cheat sometimes, myself included, and put stuff on credit that could have waited, but it's usually unwise to do that especially for a highly depreciating asset like a laptop. Especially when you can get a similar item for MUCH cheaper. I would start looking on Ebay at used laptops if you really need one and buy it cash. It will at least get you by. By cash I mean, use CC to pay for it as it's really the only option online but pay it off right away.

I wanted at least a 2 year warranty, so I don't want a used laptop from eBay.

Edit: I might settle for 1 year warranty, but I can't go any lower than that.
 
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yottabit

Golden Member
Jun 5, 2008
1,592
676
146
You're going to end up paying way more for that laptop in the long run.

The only things you should finance are things that will get more expensive if you wait, like housing or renovation projects.

Now we all cheat sometimes, myself included, and put stuff on credit that could have waited, but it's usually unwise to do that especially for a highly depreciating asset like a laptop. Especially when you can get a similar item for MUCH cheaper. I would start looking on Ebay at used laptops if you really need one and buy it cash. It will at least get you by. By cash I mean, use CC to pay for it as it's really the only option online but pay it off right away.
He’s looking at a buy now, pay later option which technically does not have interest if you make the monthly payments. Not saying it’s a great idea but it’s different than throwing something on at 22% APR

If you someday get good enough credit Gizmo you can probably also find cards that have introductory offers for 0% interest for N months on new purchases, and also cashback if you spend X within Y amount of time. Those can be worth doing. For regular (not buy now, pay later) purchases though you have to pay the statement balance in full every month though to avoid interest or its not worth it- the high interest will quickly negate the cashback

I personally think the Amazon Visa is worth it for the 5% cashback on everyday Amazon stuff. And lately they’ve been offering 6% if you’re ok with getting your stuff delivered a couple days later.

That being said for a discretionary purchase like this I would not recommend financing, especially if you’ll be dependent on hypothetical future money you don’t have yet to pay it off. Also if you have a Microcenter near you check their prices because you can probably get something much cheaper
 

nakedfrog

No Lifer
Apr 3, 2001
61,323
16,850
136
There's a lot of ifs ands and buts regarding "free" financing. If you don't do exactly what you're told to do, when you're told to do it, you can default, and pay all the financing for the term.
A couple cards I have are good about this, giving you a warning that you're approaching the end of the promo date for a balance, and also have tables showing the remaining amount on that promo, and how much interest you're going to be hit with if you fail to fulfill the zero interest payment period.
I mean, yeah, it's still gonna suck for you if you do miss it, but all the details are there in the statement for these ones.
 
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Gizmo j

Golden Member
Nov 9, 2013
1,367
372
136
I just went to a chase bank and told them I wanted a Amazon Visa and they made me an appointment for tomorrow and they said I don't need a chase bank account to get the Amazon Visa.
 
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nakedfrog

No Lifer
Apr 3, 2001
61,323
16,850
136
Yeah, someone already told you that on Saturday.
Sometimes there's a bonus, like I get some extra miles on my Alaska Airlines card if I also have an account with Bank of America, but I don't think Chase has a similar arrangement for Amazon Visa.

I suppose I should ask... do you have any bank account?
Also: you can just apply for the card online, but with you... yeah, maybe it's better for you to go in person.
 

WelshBloke

Lifer
Jan 12, 2005
32,488
10,640
136
I just went to a chase bank and told them I wanted a Amazon Visa and they made me an appointment for tomorrow and they said I don't need a chase bank account to get the Amazon Visa.
Do you need to go to a bank to get one in the US? Amazon tries to force one on me everytime I buy something from them!
 

dullard

Elite Member
May 21, 2001
25,782
4,323
126
I just went to a chase bank and told them I wanted a Amazon Visa and they made me an appointment for tomorrow and they said I don't need a chase bank account to get the Amazon Visa.
That is correct. Chase manages the Amazon Visa card. But, that has absolutely nothing to do with whether or not you have other Chase accounts. You can have tons of Chase accounts or no Chase accounts and still get that credit card.

Similarly, did you know that you can buy a McDonald's Happy Meal without needing to own a McDonald's franchise.
 
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dullard

Elite Member
May 21, 2001
25,782
4,323
126
I can't just split the price of the laptop and pay it off monthly?

Like $150 a month for a year to add up to $1800?
The correct way to do this is to put $150 a month into your bank account. Wait until you have $1800, THEN buy it with that money. Any other method of buying a $1800 laptop will keep you poor.

Or, alternatively, don't buy a $1800 laptop.
 
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