SIGforum
Amazon Prime offering 5 months to pay with no interest.
November 14, 2017, 02:39 PM
Black92LXAmazon Prime offering 5 months to pay with no interest.
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.
————————————————
The world's not perfect, but it's not that bad.
If we got each other, and that's all we have.
I will be your brother, and I'll hold your hand.
You should know I'll be there for you!
November 14, 2017, 02:51 PM
tsmccullIntriguing. Do you still get the 5% rewards if you pay for it that way with an Amazon-linked CC?
November 14, 2017, 02:53 PM
Black92LXquote:
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.
————————————————
The world's not perfect, but it's not that bad.
If we got each other, and that's all we have.
I will be your brother, and I'll hold your hand.
You should know I'll be there for you!
November 14, 2017, 03:01 PM
DeqlynIf 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 November 14, 2017, 03:03 PM
RAEIndustriesOh yeah no kidding, I always thought Walmart would but I don't think its happened yet
November 14, 2017, 03:05 PM
RogueJSKquote:
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.
November 14, 2017, 03:38 PM
lastmanstandingquote:
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
November 14, 2017, 03:47 PM
SigP239HokieI 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?
.
November 14, 2017, 03:49 PM
GeorgeairI 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
November 14, 2017, 04:03 PM
Black92LXquote:
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_1F2cAbM7YST83For 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.
————————————————
The world's not perfect, but it's not that bad.
If we got each other, and that's all we have.
I will be your brother, and I'll hold your hand.
You should know I'll be there for you!
November 14, 2017, 04:07 PM
Black92LXquote:
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.
————————————————
The world's not perfect, but it's not that bad.
If we got each other, and that's all we have.
I will be your brother, and I'll hold your hand.
You should know I'll be there for you!
November 14, 2017, 04:12 PM
vulrathHe's probably referencing the store card. I have both.
"In order to understand recursion, you must first learn the principle of recursion."
November 14, 2017, 04:15 PM
Gustoferquote:
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.
________________________________________________________
"Great danger lies in the notion that we can reason with evil." Doug Patton.
November 14, 2017, 04:50 PM
bubbatimeI believe that you lose the 5% cash back that the Amazon store card gives you if you break the payments up.
______________________________________________________
Often times a very small man can cast a very large shadow
November 14, 2017, 05:40 PM
SuppressedCVS is probably shitting bricks due to Amazon securing pharmacy licensing in several states.
November 14, 2017, 05:56 PM
RHINOWSOquote:
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.