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$80 / year is a terrible credit card reward compared to almost all other credit cards. It would have to be free Amazon Prime + 5% back on all Amazon purchases +
by seattle_spring 10y ago
$80 / year is a terrible credit card reward compared to almost all other credit cards. It would have to be free Amazon Prime + 5% back on all Amazon purchases + $500 sign up bonus.
- function_seven 10y agoTrue, but I was searching for something comparable to the Costco deal they used to have. That perk was also pretty cheap (Isn't Costco membership in the same ballpark?) But yeah, throw some extra points/cash back in there as well. I'd go for that in a heartbeat, and so would a lot of the demographic they're currently losing.
- arkades 10y agoIf I'm not mistaken, the Costco deal was a free membership and it was the only CC Costco would accept - any other payment had to be via debit card. That bit of arm-twisting was valuable.
- function_seven 10y agoYeah. No way in hell Amazon would agree to a similar setup. I didn’t think about that aspect of it.
- tbyehl 10y agoFree Costco membership was not one of the perks (and isn't with the Citi Costco card either).
- brewdad 10y agoThe Chase Amazon card already gives you 5% back at Amazon Prime members with no annual fee. A card offering that plus Prime would almost certainly have an annual fee and the $500 bonus would simply be setting the card issuer up for massive turnover.