Anonymous
Anonymous asked in Business & FinanceCredit · 2 months ago

Can I apply for the amazon rewards card just for the 60$ off an order and then cancel it? ?

4 Answers

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  • 2 months ago

    Sure, people do that all the time.

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  • 2 months ago

    Probably, but it's a bad idea. There are other credit cards that give you $100-$300 for applying, getting approved, and using the card enough during the first 90 days, even if you cancel after you get the bonus. So if you want to apply for a card just for the money, pick one that gives you more money that just $60.

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  • Anonymous
    2 months ago

    Sure, but there is no guarantee you will be approved and both the inquiry and early closure would hurt your score.

    I was actually rejected years ago despite very good credit. Perhaps because I already had a card from whoever their servicer was at the time that I rarely used.

    And really, if you are going to open a card, you can do better than $60.

    Last year, I did a $150 for a $500 spend and a $300 for $1000.

    I might do another one but not for a mere $60.

    And I leave the accounts open. 

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  • Anonymous
    2 months ago

    Yes, we all do it.

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