3 ms·

oops, you're totally right, but if you have the level of amazon spending that justifies prime, this basically makes prime free at the price of remembering to pa

• ikeboy 11y ago
  An extra 2% cashback means you need $5000 a year to justify it. However, both Discover and Chase Freedom occasionally have a 5% quarter for Amazon (freedom had 10% last 4Q for a few weeks), limit $5000, so you really need to be spending more to justify it. Edit: also, anyone using a credit card should have autopayments set up. Unless you're extremely organized and have a good reason to do otherwise.
  • _delirium 11y ago
    I don't like autopayments, because I need to log in at least once a month to check my statement anyway, to make sure there are no unauthorized charges (or restaurants charging the wrong amount, etc.). Once I check the statement, then I pay. As an added bonus, the payment status (is the statement balance $0?) serves as a flag to tell me whether I've checked this month's statement yet.
    • ikeboy 11y ago
      You can still use it as a failsafe. Schedule it to kick in on the last possible day, that way if you pay earlier nothing happens, but if you forget there aren't fees and negatives on your report. Or just have them send emails for new statements, and don't archive/delete the email until you've looked through the transactions.
  • x0x0 11y ago
    If you spend roughly 2-3k like I do, you can view it as a 50% discount on prime. And the discount can be increased if you accept their $1 credits (per item if you check them out individually) for not using 2 day shipping for stuff that isn't urgent, which can now be spent on kindle books too... Setting up autopayments to pay the minimum on the day before it's due is definitely worth doing just in case anything slips your mind.