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Amazon Prime offering 5 months to pay with no interest. Login/Join 
Proud member of
the vanning collective
Picture of Black92LX
posted
I have noticed a new payment option for some bigger ticket items.
5 monthly payments the 5 payments equal the same price if you were to pay once up front.
I am not seeing any ryhme or reason to which products are offering this option.


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Life can only be understood backwards; but it must be lived forwards.
Soren Kierkegaard
 
Posts: 18130 | Registered: September 06, 2003Reply With QuoteReport This Post
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Intriguing. Do you still get the 5% rewards if you pay for it that way with an Amazon-linked CC?
 
Posts: 235 | Registered: January 20, 2011Reply With QuoteReport This Post
Proud member of
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quote:
Originally posted by tsmccull:
Intriguing. Do you still get the 5% rewards if you pay for it that way with an Amazon-linked CC?


Have no idea I have not selected the option. I am guessing so it would just be spread over the 5 months.


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Life can only be understood backwards; but it must be lived forwards.
Soren Kierkegaard
 
Posts: 18130 | Registered: September 06, 2003Reply With QuoteReport This Post
stupid beyond
all belief
Picture of Deqlyn
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If I were a financial firm I would fear the day they wake up to:

Amazon starts own bank

or

Amazon starts investment firm

its coming.



What man is a man that does not make the world better. -Balian of Ibelin

Only boring people get bored. - Ruth Burke
 
Posts: 7515 | Registered: September 13, 2012Reply With QuoteReport This Post
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Oh yeah no kidding, I always thought Walmart would but I don't think its happened yet
 
Posts: 26 | Registered: October 25, 2017Reply With QuoteReport This Post
Fighting the good fight
Picture of RogueJSK
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quote:
Originally posted by RAEIndustries:
Oh yeah no kidding, I always thought Walmart would but I don't think its happened yet


The Walton family (of Walmart fame) owns Arvest Bank, the third largest privately owned bank in the country.

Sam Walton, founder of Walmart, also founded Arvest Bank back in the 1960s.

So while Walmart Inc. doesn't directly have its own bank, they effectively do. In fact, around here, many Walmart stores have Arvest bank locations inside.
 
Posts: 19106 | Location: Northwest Arkansas | Registered: January 06, 2008Reply With QuoteReport This Post
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Picture of lastmanstanding
posted Hide Post
quote:
Originally posted by Deqlyn:
If I were a financial firm I would fear the day they wake up to:

Amazon starts own bank

or

Amazon starts investment firm

its coming.

Fed Ex and UPS and USPS are going to wake up one day to find Amazon no longer needs them as well.


"Fixed fortifications are monuments to mans stupidity" - George S. Patton
 
Posts: 5423 | Location: Minnesota | Registered: June 17, 2007Reply With QuoteReport This Post
Hey! I like stuff
posted Hide Post
I haven't seen that outside of the Amazon devices, Kindle, Echo, etc. Do you have an example of a product that Amazon doesn't make where they are offering those five month payment terms?



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Posts: 2749 | Location: Sterling, VA | Registered: July 14, 2003Reply With QuoteReport This Post
thin skin can't win
Picture of Georgeair
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I saw some blurb about this, and wondered how it fit in with their AMZN card. I already have that, and use it rarely, but for an occasional really large purchase will. 6 months no interest has always been the deal.



You only have integrity once. - imprezaguy02

 
Posts: 7654 | Location: Madison, MS | Registered: December 10, 2007Reply With QuoteReport This Post
Proud member of
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Picture of Black92LX
posted Hide Post
quote:
Originally posted by SigP239Hokie:
I haven't seen that outside of the Amazon devices, Kindle, Echo, etc. Do you have an example of a product that Amazon doesn't make where they are offering those five month payment terms?


LG 34UM68-P 34-Inch 21:9 UltraWide IPS Monitor with FreeSync https://www.amazon.com/dp/B01B...cp_api_1F2cAbM7YST83

For me it only shows the 5 month payment option when I am logged into the app but not the website.

I am wanting a new PC to run my cameras and would not mind paying over 5 months but have seen no PCs with that payment option.

Seems pretty random at the moment.


--------------------------------------
Life can only be understood backwards; but it must be lived forwards.
Soren Kierkegaard
 
Posts: 18130 | Registered: September 06, 2003Reply With QuoteReport This Post
Proud member of
the vanning collective
Picture of Black92LX
posted Hide Post
quote:
Originally posted by Georgeair:
I saw some blurb about this, and wondered how it fit in with their AMZN card. I already have that, and use it rarely, but for an occasional really large purchase will. 6 months no interest has always been the deal.


Which Amazon card do you have? I have the Chase rewards CC. No 6 months without interest I am aware of.


--------------------------------------
Life can only be understood backwards; but it must be lived forwards.
Soren Kierkegaard
 
Posts: 18130 | Registered: September 06, 2003Reply With QuoteReport This Post
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He's probably referencing the store card. I have both.


"In order to understand recursion, you must first learn the principle of recursion."
 
Posts: 2513 | Location: Memphis, TN | Registered: August 23, 2010Reply With QuoteReport This Post
Staring back
from the abyss
Picture of Gustofer
posted Hide Post
quote:
Originally posted by Deqlyn:

Amazon starts own bank

or

Amazon starts investment firm

its coming.

They are damn sure going to try...and likely succeed.

I suspect, though, that at some point in the near future Amazon will be looking down the barrel of some antitrust laws.


________________________________________________________

"How dreadful are the curses which Mohammedanism lays on its votaries! Besides the fanatical frenzy, which is as dangerous in a man as hydrophobia in a dog, there is this fearful fatalistic apathy." Winston Churchill
 
Posts: 13366 | Location: Montana | Registered: November 01, 2010Reply With QuoteReport This Post
That rug really tied
the room together.
Picture of bubbatime
posted Hide Post
I believe that you lose the 5% cash back that the Amazon store card gives you if you break the payments up.


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Often times a very small man can cast a very large shadow
 
Posts: 3958 | Location: Floriduh | Registered: October 16, 2004Reply With QuoteReport This Post
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CVS is probably shitting bricks due to Amazon securing pharmacy licensing in several states.
 
Posts: 2684 | Location: MD | Registered: March 23, 2003Reply With QuoteReport This Post
Go ahead punk, make my day
posted Hide Post
quote:
Originally posted by Georgeair:
I saw some blurb about this, and wondered how it fit in with their AMZN card. I already have that, and use it rarely, but for an occasional really large purchase will. 6 months no interest has always been the deal.
I use it and pay it off. It gives 5% off on everything, so it's great.
 
Posts: 36133 | Registered: July 12, 2008Reply With QuoteReport This Post
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