WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: Amazon Store Card
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
As a financial expert with a deep understanding of the industry, I have spent years navigating the intricate landscape of credit cards, financial services, and consumer information. My expertise extends beyond the surface level, allowing me to provide valuable insights and analysis.
In the context of the provided information from WalletHub, it's crucial to recognize the emphasis on transparency and editorial independence. WalletHub takes pride in independently collecting information about various credit cards, such as the Amazon Store Card, ensuring that consumers have access to unbiased and reliable data.
WalletHub Answers, described as a free service aiding consumers in accessing financial information, reflects a commitment to empowering individuals with the knowledge needed to make informed decisions. The disclaimer that the information is provided "as is" and should not be considered financial, legal, or investment advice underscores the platform's dedication to clarity and responsibility.
Furthermore, the explicit statement that WalletHub is not a financial advisor, law firm, or substitute for professional advice reinforces the importance of seeking professional guidance before making significant financial decisions. This aligns with industry best practices and safeguards users against relying solely on online resources for critical choices.
The encouragement for WalletHub members to share their knowledge while adhering to content guidelines reflects a community-driven approach. This collaborative environment fosters the exchange of diverse perspectives and experiences, enhancing the overall value of the platform.
The disclosure about advertising and sponsored content adds an additional layer of transparency. Users are informed that certain offers on the site come from paying advertisers, mitigating any potential conflicts of interest. This transparency is vital for users to assess the information with the appropriate context.
In conclusion, WalletHub's commitment to transparency, editorial independence, and providing a platform for user-generated content underscores its dedication to empowering consumers with accurate and unbiased financial information. The combination of expertly curated data and a community-driven approach ensures that users can make informed financial decisions in a landscape often filled with complexity and ambiguity.
If you want to cancel your Amazon Store Card, you will have to call (866) 634-8379 instead; the store card is issued by a different bank. There is no fee associated with closing your account, but you will have to pay off any outstanding balances.
You can cancel your Amazon Store Card either online or over the phone at (866) 634-8379. To cancel your Amazon Store Card online, log in to your account and go to the “Services” tab.From there, click on “Close Account” and confirm.
To cancel your Amazon Secured Credit Card, call customer service at (866) 419-4096. Unfortunately, you won't be able to cancel your Amazon Secured Credit Card online.
Credit experts advise against closing credit cards, even when you're not using them, for good reason. “Canceling a credit card has the potential to reduce your score, not increase it,” says Beverly Harzog, credit card expert and consumer finance analyst for U.S. News & World Report.
The good news is that even though applying for an Amazon card will hurt your credit, the damage will be minor and won't last long. Your score should bounce back after a few months of responsible credit use. You should strive to always pay on time, and in full if possible.
As with any credit card, the Amazon Store Card gets you a line of credit. Also, if you always pay your balance on-time and in full, you won't be charged any interest. This answer was first published on 09/26/13 and it was last updated on 04/24/24.
The fee for the Amazon Store Card security program is $1.66 per $100 of your monthly ending balance. Each month, the cost is billed to your account, so there is no extra bill or check to write.
No, the Amazon Store Card doesn't have an expiration date. The card only contains the Amazon logo, your name, and the account number, nothing else. That's because it is solely meant for online purchases at Amazon. The Amazon Store Card comes with a $0 annual fee and a $10 Amazon.com gift card upon approval.
Canceling a credit card will cause a direct hit to your credit score, so more often than not, you'll want to keep the account open. Correctly managing an open, rarely-used account may require some extra attention, but the added effort will help your credit in the long run.
In general, it's better to leave your credit cards open with a zero balance instead of canceling them. This is true even if they aren't being used as open credit cards allow you to maintain a lower overall credit utilization ratio and will allow your credit history to stay on your report for longer.
As long as you are disciplined and don't spend unnecessarily, having the same credit card for a long period of time, which you use as and when you need it, will typically be a better option than regularly cancelling cards and applying for new ones.
The Amazon Prime Store Card is helpful for people who frequently shop online. The card is issued by Synchrony Bank and offers 5% back on all purchases. The card can only be used on Amazon purchases, and it has promotional no-interest financing available for big-ticket items.
To cancel a pending transaction, call the merchant or retailer on your statement. If you suspect fraud, call your issuer or bank immediately. To avoid transaction errors and fraud, regularly review your statement and shop only with secure websites, among taking other precautions.
Address: 2865 Kasha Unions, West Corrinne, AK 05708-1071
Phone: +3512198379449
Job: Design Planner
Hobby: Graffiti, Foreign language learning, Gambling, Metalworking, Rowing, Sculling, Sewing
Introduction: My name is Dong Thiel, I am a brainy, happy, tasty, lively, splendid, talented, cooperative person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
)
