I am interested in getting this in addition to my Discover Secured Card. I spend a ton on Amazon so it seems like a no Brainerd for the cash back. Would anyone recommend this card? The only downside is that it's attached to Sychrony Bank which people seem to dislike.

This was 1 of the cards I signed up for a few months ago to build my credit and I kinda regret it.

I need to wait a year for it to potentially graduate and I only put $200 on it. So I could be wrong but from what I've read if I graduate to their regular Amazon Store Card they'll keep me at the same $200 CL. I also think the Amazon Prime Chase Card seems way better.

Anybody have experience with this card?

I accidentally stumbled on Amazon secured credit card. They have a normal and prime version. The prime version gives you 2% cash back. Interest is only 10%. You can deposit from $50-$1000 in $50 increments. Great way to build credit with no inquiry pulled (according to synchrony). You can access it at https:Amazon.com/securedcard

I’m not affiliated with Amazon. Just thought this was cool so I wanted to spread the word to those that want to build or rebuild their credit.

Got an email from amazon(posted below). I am having a hard time seeing the difference between the cards besides the no security deposit and 5% back instead of 2%. Higher APR and higher late fee. Is this the next step I should be taking or should I build my credit more with the secured card? Any advice is greatly appreciated, thanks!

You've taken great steps towards building your credit and you're now eligible to activate the Store Card features of your Amazon Secured Card or Amazon Prime Secured Card! Activating the Store Card features will not result in a hard inquiry on your credit report. Before you decide, please review this table.

Secured Card features (current)

Security deposit: Yes

Prime rewards: 2% back on Amazon purchases
Annual fee: $0
APR: 10% Non-Variable
Late fee: Up to $5

Store Card features

Security deposit: No

Prime rewards: 5% back on Amazon purchases
Annual fee: $0
APR: 28.99% Variable
Late fee: Up to $38

I’d like to know if anyone has had success increasing their credit score using this method.

I’m wanting to significantly increase my credit score in the next 4-5 months if possible from 539 to as close to 630 as possible.

Aside feom paying down current debt, I thought I’d see if a secured card could work faster. I’m thinking of opening one with Amazon and start with 600$ and pay off my balance every month, etc.

Thoughts?

Hello (19m) never had a credit card before but I know it’s important too have good credit. I have applied to my banks credit cards but was denied so I tried the amazon secured card & was approved but I haven’t made a deposit yet.

If anyone knows is this a good choice for a beginner card to build credit up?

Also some questions I have

Can I use the card if I don’t have Amazon prime?

Is there any hidden fees I should be worried about?

How does the deposit work? (From what I read is, I put a $250 limit from my debit card to the Amazon card but then if I buy something for $20 with the Amazon card then I pay it back. But why am I paying the money back that I put on the card?)

Hey y’all! I just wanted to see if anyone else has any clue about this issue as the Internet has not went over this for some reason. I recently got approved for the Amazon secured card which allows for partial payments aka pay in 6. On the website it states that I’m able to use this card as soon as it’s approved, however I attempted to use it and the purchase keeps saying that it needs to be revised as there are no funds, even though to open the card up you need to put down a payment of at least $100. For context the item I want would come out to a very nice total of $590.18 but in 6 monthly payments it’s about $98, Meaning the original deposit of $100 should work! Unfortunately it doesn’t, it also doesn’t tell me anything and neither does their customer service. I’m not sure if I have to wait for a card to be received via mail and activate it that way although it never said there would be one and when I would receive it, or if the item is priced to high which doesn’t make any sense to me. It won’t say why even though it stated I was able to start using it upon approval. If that isn’t the case then it is a very misleading statement, it also doesn’t allow me to deposit any extra funds(yet), says the account balance is $0, and no real way of telling me if I have to do something first or just wait, I’m just supposed to find out eventually I guess. If any of you guys have used this before please spare me some details on your behalf. Thank you Internet.

I just funded the card six hours ago and Amazon said I should be able to use the card well I went to order something and the card is rejecting the transactions due to insufficient funds I don't know what to do here

Looking to build my credit, and I order from Amazon a LOT. 10%APR and no annual fees seems enticing, is there anybody who has experience/advice on this or others? I’m looking at secured cards from Discover, OpenSky, Citi, and U.S Bank, but they all either have high APR or annual fees. TIA

I have a 3 or 4 year old Amazon prime secured card. I have plenty of better cards but just received an email congratulating me and that I could request a unsecured card.

I was planning on getting the chase version of the card for Black Friday for the bonus but it seems the synchrony also gives me 5% off these days.

I don't use that card for anything other than to pay the $6 monthly prime.

Would accepting it show a new account opening on my credit reports?

Amazon Secured Card

Great job! You're now eligible to activate the Store Card features

Hi NoIntroduction6034,

You've taken great steps towards building your credit and you're now eligible to activate the Store Card features of your Amazon Secured Card or Amazon Prime Secured Card! Activating the Store Card features will not result in a hard inquiry on your credit report. Before you decide, please review this table.

Secured Card features (current) Security deposit: Yes Prime rewards: Your current % back (with an eligible Prime membership) Annual fee: $0 APR: 10% Non-Variable Late fee: Up to $5

Store Card features Security deposit: No Prime rewards: 5% back on Amazon purchases (with an eligible Prime membership) Annual fee: $0 APR: 28.24% Variable Late fee: Up to $38

Learn more and Activate

If you decide to convert, you'll receive a refund of your security deposit, less any amount needed to pay off your Secured Card features balance per your terms and your Secured Card features will be permanently disabled. The choice to convert is 100% yours.

You'll also receive a new card in the mail within 7–10 business days. For Prime members, any available reward points will transfer to your updated account within 5-7 business days. Don’t worry, although your reward points may not be visible during this time, you’ll still be earning them!

Congratulations and thank you for choosing to build your credit with the Amazon Secured Card or Amazon Prime Secured Card.

I am looking to get my first credit card. I am 23 and have survived perfectly fine but wanted to build some credit aside from paying on my student loans.

I have looked into a handful of cards and am leaning towards the Discover card or Amazon card. I have an Amazon prime account already.

I use Amazon fairly regularly but I can’t tell if the Amazon card would restrict me too much or if it would fit me. I will take any other advice on different credit cards though.

I have the Amazon secured card with a $100 initial deposit. I thought when I applied it said I can deposit more money and increase my limit. But when I try to do that there is no prompt to on Amazon app or synogy Amazon app. Does anyone know if you can add more or not?

Hi,

I am so confused reading posts about this card. If you put $100 on the secured card and use it on Amazon, I see advise to pay the balance off... you put the money on the card, what is there to pay off? I didn't think you could "charge" things but pay against what you put on it for the security?

2nd - how is there a minimum monthly payment? If you put $100 on the card, use that $100 on Amazon and then pay a monthly on top of that, aren't you just shelling out extra money each month? Why do you have a monthly payment on top of the money you added to the card? This makes no sense to me. Can someone please clear that up because I want to use this card as it will help me. Thanks in advance.

I normally use my chase freedom, sapphire or Citi costco card to make all my purchases. But I saw an ad on amazon that the credit card they offer gives you 5% off all purchases is it worth it? I normally don’t keep a balance on my credit cards and pay them off before the end of the month so APR isn’t an issue for me.

Is the amazon secured still a good option for building credit with a 497 score?

Also do multiple secured cards (discover) if all is normal and paying nothing crazy, will it all help my score? Or is having other cards bad? If not is their a limit on how many secured cards to have?

My logic would be if 1 is good then 10 should be great. Any help appreciated