Prime Rate Credit

Amazon has gotten into the credit card game I noticed today when I purchased a vaccum cleaner from the online retail giant. It’s called Amazon Prime,and it offers a pretty decent interest rate, and the incentive to sign up for the card is a clever one, I must admit. When you go to sign out for your purchase and check out, it offers very prominently, to take $30 off your purchase, with your new purchase price bolded, if you sign up for the credit card.

But hold up, make sure you could benefit before you go jumping into getting a new credit card just to save thirty bucks, right? I remember when I was younger, in my early twenties, and I would get sucked in by these incentives almost all the time. Of course, back then, my credit sort of was terrible, so many times the poor salesperson would have to tell me I was declined for the application to get the percentage off my order, or that I had been approved, but with a pathetically low line of credit.

Now, I admit, that Amazon offer to take thirty whole dollars off my order was tempting, but I didn’t need the credit card for anything, and couldn’t justify getting another line of credit for virtually no reason other than to save a few bucks off a purchase. Although I must admit, thirty bucks is quite a generous offering for just signing up for a new credit card.

If you shop a lot on Amazon, this card may be a good deal, as it does offer a good interest rate, and it may even offer some additional benefits for regular Amazon shoppers. I was in too much of a hurry to read the fine print on this credit card offer, so unfortunately I don’t know any more, but if you can, go to Amazon and read about it more if you’re interested.