Was thinking of applying for this. Is this a must get if you do a lot of shopping at amazon? Any real drawbacks?

Darn, I'm tempted by this.

Exciter1, you and my fellow Ohio brickpickers may be aware but Amazon is in talks with Ohio to bring a data center to the Columbus area.  It could mean they will have to collect sales tax from us in the near future.  Seems like it could go either way since a prior Ohio Supreme Court ruling indicates this data center would not be affiliated with Amazon closely enough for them to have "nexus" in the state but PA and CT had similar rulings that were disregarded and Amazon still agreed to collect sales tax in those states.  Just something to keep an eye on.

 

http://www.policymattersohio.org/amazon-sep-2014

 

Thanks for the heads up, I figured it would be coming sometime.

With regards to the Amazon Store Card, It would be interesting to see how they handle the USD conversion rate and fees associated with the conversion.  I imagine a lot of us would us it at Amazon.co.uk, amazon.de, etc.

If Amazon starts collecting sales tax in Ohio I'm blowing the Complaint Thread up for a week.

It is only a matter of time.  Michigan is getting hit this year.

So if you have and cancel amazon prime, would you lose the 5%?

If Amazon starts collecting sales tax in Ohio I'm blowing the Complaint Thread up for a week.

And I'll comment on how cute that is. I've been paying 9.5% sales tax on Amazon since, like, ever. Level the playing field! (Sorry, no, I really hope you don't have to pay tax on Amazon.com).

Do you get the $40 if you already have a Store Card and upgrade?

I'm torn on this one.  I absolutely despise Synchrony - I've received the worst customer service and run into some of the most rude and unintelligent phone support of any organization when calling for a few issues with the TRU card.  Meijer dropped them for the Meijer CC and moved to Comenity.

 

But, that additional 2% + $40 up front sure would be grand...

With regards to the Amazon Store Card, It would be interesting to see how they handle the USD conversion rate and fees associated with the conversion.  I imagine a lot of us would us it at Amazon.co.uk, amazon.de, etc.

I don't believe you can use your US store card for purchases in other countries. When I make purchases in other countries it does not show up as a payment method although I have not tried to manually type the number in again to see if it would take it.

Are any of you guys thinking of ditching your Chase Amazon card and switching over to the Amazon Store card?

 

https://www.amazon.com/iss/credit/storecardmember/ref=storecard_van

Limited time offer: a $40 Amazon.com Gift Card will be instantly loaded into your Amazon.com account upon the approval of your credit card application.

 

Hmmm... is it news?

 

Read this in DD today... and I was completely confused but was busy today so haven't posted about it.

I have been getting this 5% credit back for almost a year now by using my Amazon Store Card but I thought it was a common thing that every Amazon Store Card owner is getting? And yeah, I think they added the >$149 6-month financing thing some months back.

The one you can pay in full each month.  I use Southwest Visa.

Wow, did the $40 gc offer for the Amazon store card.

Then I saw the $70 gc offer for the chase Amazon card. Wow. Easiest $110 I've made. Ever.

The $40 gift card is nice and this is fairly painless.  Don't carry a balance, unless it's 0%.  That 25.99% APY is a stinger.

 

Yikes...I almost choked when I saw that.  I don't think that I've ever had a credit card with a rate that high.