Amazon Pay Later Detailed Review || Is Amazon Pay Later Worth It?
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- Опубліковано 16 лис 2024
- Amazon Pay Later Detailed Review || Is Amazon Pay Later Worth It?
The NBFC mentioned in the video has been erroneously mentioned as Capital First, the correct NBFC is Capital Float
Hopping on to the Buy Now Pay Later Bandwagon, even Amazon launched its BNPL Service "Amazon Pay Later" in 2020. There has been a lot said about the utility of this service/ facility, but there's still confusion.
Through this video, we have covered every aspect of Amazon Pay Later, we've even compared it with its peers like - Slice and Uni. Watch this video to get a complete understanding of whether you should opt for this service or not?
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*The NBFC mentioned in the video has been erroneously mentioned as Capital First, the correct NBFC is Capital Float*
Can we use amz pay later to pay merchants or Qr codes ?
Please make a detailed video on Cred app
Please make video on flipkart pay later😍😍
@Rahul Kumar thank you 🙌
@@bekifaayati mam I really like you
Cashback offers are there on the Amazon pay letter, which are about 5-10% of shopping and bill payments.
Second, auto pay setup is mandatory to start the Amazon pay later usage, which protects from overdues/ late payment.
Yes and i manually paid it even then they auto debited it from my account. Taking double the money. And amazon customer service will not help you and will tell you to contact capital float
@@TumpaTalapatra wtf😶 That will be a headache...never expected these from Amazon
@@TumpaTalapatra did you get the refund?
amazon paylater se EMI pe kuch lekar fer order cancel karo toh refund kha milega ?? bank account ya fer amazon wallet?? or kitne dino me refund hojata hai ? any idea pls update
@@TumpaTalapatraI wonder how on earth how this type of cases i read on online, why on earth reputed company like this will take double money from you and even if there is a misunderstanding if u contact customer care or write proper email they return you your money and if they are not returning then its 100% fault from your side, i worked in various customer care departments and i know customers lie to get refund on any way possible.
We can compare Amazon pay later with paytm postpaid , freecharge pay later etc. I did not get the idea behind comparing it with slice and unipay.
Bilkul sahi bina sence ka comparison ! Ap 5 se pehle pay kr sakte ho ye kya baat hui
Promotion kr rahi ha ye
Lol sahi h
Few points missed are here:
1. Amazon Pay Later has no card physical or virtual, unlike uni or slice
2. You should have auto debit linked with bank account, it's must.
3. Previously till 2021 end, pay later has no cost EMI option on almost all products, but now it's 24% interest, from 2022 Jan to Mar, observed that it was 12% to 18%.
4. Above point will make you to spend less.
5. We can't do partial payments, only accepts full payment thru pay later.
6. Not much offers with pay later, but good option to quickly buy and do consolidate payments.
1st point is mentioned
2nd point is not true, feel free to read their Terms
3rd point - interest has been mentioned in the video
4th point - makes no sense, infact opposite is true that it will make you spend more
5th point - Not True, you can do partial payment at Zero Cost which is mentioned in the video
6th point - explicitly mentioned in the video
@@bekifaayati hey ma'am i wanna tell you something i have crush on you
@@ceremonyyyahi baath kitni ladkiyon se bola hain tune?
@@ceremonyytharki aadmi 😒
I Used Amazon Pay Later For 230rs recharge and didn't paid On due time.. after 5 days of due date I had to pay 446rs ( Instead of Original Loan of 230rs).. this is Very pathetic.
200₹ + 18% gst bhi to dena padega. Isliye sahi hai
Bhai 230 time pe nhi de sakta to Tu uske layak hi nhi tha
@@niteenkarne9424 sahi bole bhai
To time pe pay krna be
@@niteenkarne9424 🤣🤣🤣🤣
You did not mentioned one cons about credit reporting, Capital Float and their partner bank offers funds in 1:4, so if you have Amazon pay later account then they will report them as separate account which negatively impact your account.
That is most important thing you forgot to mention, I think you just copy paste all the details instead of using the services personally.
Reporting as a separate loan account doesn't necessarily mean that it will negativly impact your score. Your score will get negativity impacted only when you fail to pay on time 🙏
@@bekifaayati mam, I respect you alot and I know that you have more knowledge than me, but as far as I know from my experience, I paid each and every payment regularly but my cibil score was either constant or decreasing, I have no reason to believe that due to non payment of dues.
Only one negative factor was there more account reported by credit agency at given period.
@@pradumbyadav9518 absolutely right...it is impacting cibil score a lot
Yes it impacts cbil score... Amazon pay later is a scam in reality
I want to add a point.
It's easy to open and close Amazon pay later. To close just write a mail to cs of your respective lender.
But with Slice it's a nightmare. I'm struggling to close my account permanently since a month. They're not doing it. They don't want customers to close. Wrote multiple mails no reply.
slice takes contact permission for account opening
why do they require our contact list instead of just cibil score or it return
why are u closing slice card ?
@@gmp_gmp They'll call your references (contacts) if you don't repay on time. That's why
@@gmp_gmp It's of no use. Can't load amt to wallet through Paytm, hidden convenience charges for rent payment and no support for refund issues
You can complain to rbi under nbfc section and it will work.
The background noise, particularly the "pop" sound, was distracting. It made it challenging to concentrate on your voice. However, everything else was well presented. Keep up the good work.
I have 70k credit limit on Flipkart pay later and 35k limit on Amazon pay later ... Both works good
Amazon pay later emi pe intrest rate kitna hai
jo ladka tumhe pataega uske start up ka aadha task poora ho gya
😅😂😂😂😂😂😂
Which will be best Amazon pay icici card or Amazon pay later?
Don't use Amazon pay later i had spent till 1800. Then my EMI of 270 was coming from my first month. Since then, these people took the full amount of sixteen 1600 directly.
Yayy, you have taken my feedback and didn't tied your hairs, thanks. ☺
Apart from capital float/first, at 2:46 the subtitle says pay letter.
anyway, good video. Informative. However it would be more sensible comparing Amazon pay later with Flipkart pay later, paytm postpay etc.
If you select credit card as payment code on Ola uber and pay it in 3-4 months, odes it have any effect on your credit score?
Amazon Pay is an excellent service, if used properly and with good understanding
I think if you have any one credit card with good limit you don't need to open these account as they open personal loan or consumer loan account behalf of you and that's impact your credit score.
What think about Flipkart pay later ?? 🙂
I have Amazon pay later and get 50+ cashbacks every month to use it
Your info’s are sweet simple and exactly what needed, thank you.
Amazon pay later ka sabse acha hai, cibil me consumer loan show karte hai, cibil kharap nhi hote. E mujhe bohot acha lagta hai. Mujhe to bohot sahi lagta hai, mei bohot din se use karte hai aur mera limit hai Rs 40000.
Ma'am, if someone doesn't buy any product using amazon pay later then interest will be applicable or not
Same question h mera bhi , abhi tk apko toe answer mil gya hoga mujhe v bta do
Love your intelligence, I want my future wife like you❤️
😂aisa mat bolo bhai..aachi ladki hai
God- Dreams come true my boys
Wah bhai xD
So much single that on informative video u are doing flirting
Aha kya bat hai
I've used Amazon pay for 1 year and closed it. Offers are there like every month 100% cashback upto 25 or 50 rs. I've closed it because 2 loans are opened in credit report. 1.capital float 2. Karur vysya bank.
How did you remove these 2 loan a/c from your credit report?
@@hmbarve I wrote a mail to capital float customer support and asked them to close my account. They did it in two days. And after 3 months it's closed on credit report
@@vinod2879 ok...thanks
How does it affects the credit score and i guess it is showing that because you might have purchased something on emi
@@woahsomeinternet8214 No it doesn't effect credit score if timely repayments are done and also No I didn't purchase anything on EMI. I closed it because I didn't find it useful.
Amazon paylater is not avail to all , Paytm paylater is very useful to me as they lend me 5000 but i have to pay 100-150 convience fee based on use , good for emergency use .
1:30 totally disagree.. My Amazon pay later Activated without cibil score..
Mine too i also activated my AP later without civil score
Mine too but how much limit ?
I have a very bad experience with Amazon Pay later. I suspect there was foul play during my latest order shop on Amazon. When I escalated to Amazon customer care multiple times, they washed their hands by asking me to contact capital float. Capital float customer service is v poo. Overall experience I feel it's better to avoid Amazon pay later.
what happened plz share details
@@vncedklie6104 I have sent enough emails regarding it to the concerned.
Thx fa saving me
Amazon is best then other card …why ….bcs sometime amazon pe deal aati h or instant pay krna rehta so otp ka wait kroge to product might be out of stock so just use pay later nd done
started from 5k limit now its 15k, wonder when it will reach to 60k😶
my limit 2k applied today , i have Flipkart pay later also 30k limit
@@vamsimohanchowdary Flipkart also have pay later??
@@WaghmareVaibhav yes you can use limit in Flipkart only (no cost emi, smart upgrade, pay later)
@@WaghmareVaibhav bhai apki limit badhne me kitna time laga me 7-8 month se use kr raha har month fir bhi nahi badhi limit meri
@@Jatinmak143don't know exactly reason but after utilising full limit for 4months after it increases to 15k, now same thing doing for 15k let's see next month if it increases or not
Opened Amazon pay later without any credit score 🤔after getting rejected from lazypay, Flipkart, simpl. Yeah I know sounds SUS... but atleast got anything to begin with.
@@divyanshyadav7558 21
You are right bro,baki saale log pura janamkundali leke reject kar dete hai
@@sunnykhaiad5944 Seriously Just Now Amazon ICICI CREDIT arrived !!👍
@@sunnykhaiad5944 now i have ICICI credit card approved this month 😌
Now i got amazon icici credit card approved😌
Does Amazon pay Latter take any annual charges
Ladkiya bolti bohat hai yeh to sabko pta hai pr km hi ladkiya hai jo bolke bhi Paisa kamane ka talent rkhti hai. Nice 👍 women empowerment.
What is the convenience fees in pay later payment,as in case of paytm postpaid it is 105+ or something, which is very hard to pay
Opened amazon pay later 6 months ago with no credit score, got 2000 limit. Used it and now i have 770 cibil :)
Also there usually are many cashback offers 5-10% when doing recharge, utilities bill payment, like that
Can it be opened without cibil now
@@vaibhavbamrara3106 Don't know, maybe it's changed now. But if its your 1st u might give it a try
@@vaibhavbamrara3106 No
@@vaibhavbamrara3106 it depends if you are old customer or done shopping from many years . i had no cibil score when i opened the account
@@bekifaayati yes it can be opened; I applied to it about a week ago and I do not have a credit score still got approved.
Which is safe filpkart pay later or Amazon pay later?
Kyuki pay later account activate karne ke baad IDFC bank se taraf se loan ho jata hai lekin meine koi idfc bank se loan nahi Kiya filpkart pay later activate karna ke baad ye ho geya . 35k loan account activate ho geya
I can't find the option to clear my Amazon pay later account in my Amazon app. Can help with that ? I talked to the customer care and they said there's no option to pay it before the due date .
50k limit h but kafi time se use nhi kr rha, so closing now
Like Flipkart pay later... if the usage goes beyond 1000 in a month .... they charge 10 to 15₹ .....is there any provision like Flipkart in Amazon pay later???
Gud vedio & better information.. gud voice tone . Keep doing madam
My application is already approved with 0 Cibil Score.
Pay now buy later scheme ke bare me bataien. Along with is it approved by RBI , is it secure and safe and genuine.
Amazon pay later ko bali ka bakra bana diya madam 😂😂
Sahi hai apna slice bhi to bechna hai 😂😂😅
When I open UA-cam video and they started speaking in HINDI my feeling is like what the hell 😮
Pay back period is
Time is date of purchase to next 30 day.
Not specific fixed date
Kya amazone pay later par
Jitne ka product hota hai utni rakam lock ho jati hai kya ??
Stop!
I got amazon pay later of 20K rupees limit without any CIBIL score😄
Didi plz phle ache se smjh lo uske bad smjhao dekh ke lg rha aap pdh rhi ho which is not good at all😢😢
Amazon pay later doesn't accept payment through credit card. This is also a drawback.
One loan can't be repayed by another loan
Why not?
@@DineshVutukuru cause thus you are just making your debt longer without giving any interest
I used it for 25₹ cashback and for overdue i paid 125₹ as late fees 😾 plz bach le rahe, satark rahe
Ye to saas bahu aur achar wala didi hai... Apka IIT clear hua😅
Is it good to apply for amazon pay later when we have credit card + flipkart pay later... Is it going to affect score...?
I will say don't apply, since I have applied for it when I have a CC and FPL and my CIBIL score drops significantly, and the Auto pay system is very insecure even you have paid it before the due date they will still deduct amount from you your bank and the biggest issue is the extra amount I'm being charged for cancelling and purchasing things, I have seen many charges that they put it without even telling you.
Recently I have purchased a shoe for 999 and I have to pay 1014 next month, they simply charged me 1.5% without even telling me.
@@GovindKumar-yd5vk thanks for the reply... I won't apply for it... 👏
Nice information... This time better voice quality...
I am a Amazon user since 8 years and Prime user since 4+ year.
I haven't got approved for it. ☹️
My Amazon cc got rejected in oct the reason was my pin has no service then but Amazon pay later got approved today on same pin🤣
@@him.sharma2 They are neither rejecting my application nor accepting it. It's on hold from March 8th
@@ArpitPaliwal07 send mail to icici bank to cancel your application
Kabhi bhi life me udhar lo mat
Or udhar do mat
Golden Rule
Kitni bhi emergency ho
Khane ko kuchh naa ho
Mar jaana pade
Lekin udhaar mat lenaa
I do not have 700 CIBIL Score; Still got amazon pay later.
Please mujhe batao ..
Amazon pay leter ka amount kab Dene main credit score accha hoga ... Matlab
Parches karne se 1,2 din main ya fir bill generate hone k baad ... Konsa time sahi rahega ... Thoda research karke batana... Main lagbhag 2 saal se use kar Raha hu 25000 limit hay... Mera 43 payment kia total
Thanks for knowledgeble video ❤️😎
I went to bank in the afternoon to update the 1st page of my passbook. The person is asking me to come in the morning because of interchange of faculty in the bank during working hours. He is stating that only in the morning updates will be provided. Is there any provision that i can get my service whenever I wish to get
App tho bohut chalak ho amazon pay ka card batate batate uni or slice ka promotion kar rahe ho
Can you exchange once it’s delivered?
Mene Amazon pay later activate kiya or mujhe 2000 ki limit Mili ab kya mujhe ye 2000 rupe vapis krne pdenge
amazon paylater se EMI pe kuch lekar fer order cancel karo toh refund kha milega ?? bank account ya fer amazon wallet?? or kitne dino me refund hojata hai ? any idea pls update
Hi ma'am make a detailed video about Lazypay Pros and Cons
No Cibil score required your information is wrong
What if I apply for it, but never use it? Will they still charge me?
Aaaare Ma'am,
Apke shorts to aache h but video me wo daam nahi aa pata...
Just some suggestions-
Itna animation me paisa kharch kar rahe ho but uskko dekhne to do...
Pure me to sirf ap hi dekh rahe ho...
Can we Disable or Turn-off Amazon Pay Later anytime, If we don't want to use it?
In October 2021 I got Amazon pay later, without cibil score , limit 2000₹, some says after 23 year anyone can get but that time my age was 22 year 3 months I paid all dues on time via adding auto repayment instructions but till now my limit is 2000₹ only with 780+ cibil score.
I also apply today with no cibil score
And i hope i generate good civil score then i apply for credit card ,just for that i use Amazon pay later
Good to know that bro !
Please tell us how much amount you used per month ??
What should a customer do in case if payment is failed by Amazon pay later and they apply due charges though he tried making the payment on time, Amazon is not taking responsibility and pay later is not responding to emails and messages
how it went bro
would you recommend pay later to me?
I just want to use it to build credit
Kya amazon pay later se insurance premium pay kar sakte hai iski jaankari do, amazon pay later me kitne dino ka time milta hai
What if we don't use it or want to close it? Would there be any charges?
Di aap toh ashish bhai ke sath video bnaate ho na??😁😁
Mera cibil score 700+ hai..
Fir bhi credit card reject ho rahe hai
Aisa kyu??
Didi cashback offers to kitna dikha raha he amazon pay later ka
Mera ekk product hai 500 ruppe ka aur agar me AMAZON PAY LATER activate karta ho THROUGH KYC to mujhe bohi same product 300 ruppe ka mill raha haiii...
BHUTT CONFUSION ho raha hai mujhe....MUJHE KYAA KARNAAH CHAHIYE... PLEASE ANYONE HELP ME TO UNDERSTAND THIS LATER OPTION🙏🏻🙏🏻
Kya hum ishse kabhi bhi band kar sakte hai, aur agar hum ishe 1 time ke baad use na kare toh kya koi maintenance charge katega?
Second one to like the video.
Bank deduct 110Rs. For E Mandate for payment through Amazon pay. Later...what can i do?
I like this girl, I don't know why but I want to marry her.
Men will be Men 😂😂😂
Which is best option credit card or paylater
mam i dont have any cibil(credit history) buy still i got limit of rs 10000 on amazon paylater
Any problem till now ?
Ye bahut acha hai agar payment time par karo to me 2 saal se use kar raha hu koi dikkat nhi hai
Agar payment na karein toh Amazon kya karega ? Ya kaise recover karega karega bhi ya nahi ya phir sirf account deactivate karke kaam chal lega.
My credit limit is showing 25000 in Amazon Pay Later. So if I buy a phone using that. And my due date becomes the 5th of the Next month. So will it work like this..That I can pay back the money (25000/-) in 1000 rupees contributions per month before 5th of every upcoming month?
Not a single additional plus point for using amazon bnpl.. instead continue with credit card… which gives you 51 dyas..
May you please explain how do they make money from pay later option. Or it's just a sales promotion. Will be waiting for your reply....bekifaayati🙏
Amazon pay later account band kese karte hain us par ek video bana dijiye please 🙏🏻
It's not user friendly for Rupay..card..its takes only Visa..UPI also not user friendly..i stop work with it
Ma'am using BNPL service will it reduce my cibil score
Because in my Cibil report Amazon pay later is mentioned in personal loan category.
Only if you fail to pay on time 🙂
आसन शब्दों में समझाने की कोशिश करे तो अच्छा होगा
Madam namaste. What will happen to our hard earned money if integrity is at stake for mutual fund managers already earning handsomely if big amc names like AXIS are manipulating the stock prices for individual profit at the expense of common public.?? Our financial plan can be at risk any time. Ur views. No imandari is left only indivisual profit.
Sebi / it dept. Should closely monitor all fund manager life changes / style etc. Ur opinion???
I'm a student can i get a credit card with best offers
I just opened Amazon pay later so will they charge me something I am not using their money
Bas ye awaj sunne k liy vdos dekh leta hu 😍😍😍 cute
I was waiting for your video ❤️
I used this to get Rs one time. Never using it again
What if I didn't use any credit money of Amazon pay later ? Still mujhe mujhe money vapis krni hogi ??
Thank you for making this video it's helpful.
If I purchase only one product the amount 500 rupees... After that I never purchase in Amazon... Will Amazon put charge(Fee) me ...
Agr pay later pe ac open kiya aur use use nh kiya to civil score down hota hai kya?