LoveToKnow Creditcards:AllComments

From LoveToKnow Creditcards

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Wilfred,

LoveToKnow Credit Cards is an information-only site and not affiliated with Amazon.com. You need to cancel Amazon.com directly to cancel your credit card.

-- Contributed by: SusanWeber

I would like to cancel my credit card with you I have to many debts now In the future I will probly return to you.

-- Contributed by: wilfred yetter

Bob T,

It sounds like the Chase customer service reps are not reacting correctly to your goal of receiving the $30 promotional offer that you were originally offered. Don't withhold the $30 from your payment - it may eventually affect your credit history due to "non payment." Instead, I suggest that you put your request in writing and send a copy (certified mail) to the same address to which you send your bill.

-- Contributed by: SusanWeber

My experience has been horrific. I've never had such bad customer service, plus going back on the terms of the agreement.

Supposedly, I was to receive $30 credit on my 1st purchase. It never happened.

I pay the bill minus the $30, and get hit with penalyties, late fees, finance charges and still they charge me, with the same, each month, even though I have told them they owe me $30, to which Chase has not responded and it has been three months.

I feel that Amazon did nothing but pure fraud, out and out lie.

And they keep putting on the penalties because they won't honor the $30 they own me; and I'm not going to let them get away with it by paying it.

Amazon & Chase defrauded me. At least that's how I believe it has gone down.

-- Contributed by: Bob T

Bob,

It sounds like the 57% APR number you are looking might be the "Effective APR", the APR that mathmatically reflects the basic APR for interest plus any fees applied during the statement period. If you have a lot of fees during the month your effective APR will be increased significantly.

A consumer should always read the Terms and Conditions and fully understand what could happen based on those terms and conditions before applying for a credit card.

For example the Terms and Conditions presented on the Amazon website in mid July 2008 states the basic APR rates as a combination of the prime rate PLUS a certain percentage based on your credit score. With a mid July 2008 Prime Rate of 5 percent, here's where the basic APRs stand on the Amazon credit card. Remember: These basic APRs would be increased by any cash advance fees, balance transfer fees, late charges etc.

Purchase and Balance Transfer APR: The terms state: The Prime Rate plus, as applicable, 8.99%, 11.99%, or 14.99%. This equates to: 13.99% (5% +8.99%), 16.99% (5% +11.99%), or 19.99% (5% +14.99%)

Cash Advance APR: The terms state: The Prime Rate plus either 15.99% or, if your purchase APR is 19.99%, then plus 19.99%. This equates to: 20.99% (5% +15.99%) or 24.99% (5% +19.99%)

Default APR (what you could be charged if you are late on a payment): The terms state: The Prime Rate plus up to 23.99%. This equates to: an APR up to 28.99% (5% +23.99%)

Read, read and then read again. Then you should call the customer service phone number and verify what the the maximum rate could become.

Thank you for your question and for visiting LoveToKnow Credit Cards.

-- Contributed by: SusanWeber

WTF! I just got my Amazon CC statement and noticed the APR. It shows 57.00% BEWARE!!!!! I'm canceling my card NOW!!

PS Never carried a balance.

-- Contributed by: Bob Illingworth

James,

I am unclear from your comment whether you are having trouble signing on to your credit card account or to Amazon.com.

If the problem is signing onto the credit card account, you should call the 800 number on the back of your credit card or on your credit card statement.
If the problem is signing into amazon.com you can request a password reminder or request a new password from amazon.com.

Thank you for your question and for visiting LoveToKnow Credit Cards.

-- Contributed by: SusanWeber

HI MY NAMES IS JAMES LUCAS, I HAVE ACCOUNT BUT CANT SIGN ON. CAN U PLEASE HELP ME I HAVE A ACCOUNT NUMBER ALSO

-- Contributed by: JAMES LUCAS
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