Beware AMAZON credit card offer

andyt8

Shopping on Amazon last week for some books and the checkout automatically applied a £10.00 discount, shown as a separate line in the checkout, if I applied for and used their Bank of America credit card.

Liking free money I filled in the online application only to find the discount disappeared from my checkout as you have to wait up to two weeks for the application to be considered etc etc. So no good for the purchase that I was currently carrying out, and a bit misleading.

Worse was to come. Within a few days letters dropped through my letterbox from MBNA saying I had applied for additional credit and so they could offer the maximum on the new card they were reducing the credit limit on my existing MBNA charity cards.

However, the amount they reduced from my existing cards was over three (3) times the amount they added to the Amazon card. Plus I still have to make an additional purchase on Amazon in order to get the 10.00 offered in the first place. Yes I have a good credit rating and always pay all my credit cards in full by direct debit each month.

[Deleted User]

Good advice. Think the lesson there is to apply for credit based on your real needs, not to make a few quid. Your credit rating is too valuable to be toyed with for a tenner.

andyt8

Wise words indeed - yes it was an impulse decision to get £10.00 to cover the express shipping costs for the books.