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- High earning rate on Amazon and Whole Foods purchases
- Up to $150 bonus Amazon gift card instantly upon approval
- No foreign transaction fees
- Rewards can be redeemed at an equal rate toward cash back, travel and Amazon purchases
Full Answer
What are the perks of the Amazon credit card?
- 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%)
- 6% Cash Back on select U.S. streaming subscriptions
- 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more
- 3% Cash Back at U.S. gas stations
- 1% Cash Back on other purchases
Which credit cards offer the best benefits?
“The best credit card is dependent upon your lifestyle, how you spend, and what your priorities are,” says Boschulte. “Use a card that rewards you for the spending you’re already doing and offers redemption flexibility that matches your needs. Earning is just one part of the equation.”
What is the best credit card to use on Amazon?
What credit score do you need to get a credit card for Amazon?
- Amazon Rewards Visa Signature Card: Good to excellent credit (670+)
- Amazon Prime Rewards Visa Signature Card: Good to excellent credit (670+)
- Amazon.com Store Card: Fair/average credit (580+)
- Amazon Secured Card: No or limited credit
- Amazon Business American Express Card: Good to excellent credit (670+)
Are Amazon credit cards worth it?
With the Amazon Prime Rewards Visa Signature card, you get 5% cash back on every purchase that you make on Amazon or Whole Foods. Because this 5% offer is available year-round, it beats the rewards rate for Amazon purchases on any other rewards card.
What are the benefits of having an Amazon credit card?
Rewards. 3% cash back at Amazon.com and Whole Foods Market; 2% back at restaurants, gas stations and drugstores; 1% back on all other purchases.Welcome bonus. $50 Amazon.com gift card upon approval.Annual fee. $0.Intro APR. None.Regular APR. ... Balance transfer fee. ... Foreign transaction fee. ... Credit needed.
What discount do you get with Amazon credit card?
Rewards and welcome bonus The 5% rate you'll earn at Amazon and Whole Foods is quite competitive. You'll also earn 2% cash back at restaurants, gas stations and drugstores, as well as a 1% flat rate on all other purchases. This card also offers up to 10% off select products on Amazon as an added benefit.
Is there a monthly fee for Amazon credit card?
Rates and fees You must have an Amazon Prime membership to get the card, which is currently $14.99 per month or $139 each year (if you opt to pay for a whole year at once).
Do I get 5% back if I use Amazon pay?
3% back or 5% back is earned only on purchases made at Amazon.com (including digital downloads, Amazon.com Gift Cards, Amazon Fresh orders, Amazon Prime subscriptions, and items sold by third-party merchants through Amazon.com's marketplace) and Whole Foods Market (including physical Whole Foods Market and Whole Foods ...
Is Amazon Prime free with Amazon card?
Amazon Prime Rewards Visa Signature Card. With an Amazon Prime Rewards Visa, you won't get free Amazon Prime, but you WILL save money on all your Amazon purchases. If you use this card, you'll receive a welcome bonus of $100 that you can spend on Amazon items PLUS 5% back on all Amazon purchases… that's not bad!
Does Amazon credit card give cash back?
This card comes with no annual fee and offers 5% cash back on purchases at those two retailers, along with 2% cash back at restaurants, gas stations, and drugstores. All other purchases earn 1% cash back....Amazon Prime Rewards Visa Signature Card.Regular APR (%)14.49% - 22.49% variableAnnual Fee$03 more rows•Mar 31, 2022
Can I use my Amazon credit card anywhere?
You can expect to use your Amazon credit card anywhere that takes Visa. This means you can use it anywhere in the U.S., and in over 150 countries worldwide. Unlike store cards that are tied to use at a specific retailer, a Visa card connected to Amazon is a regular credit card in many ways.
Is the Amazon credit card free?
While the Amazon Prime Rewards Visa Signature Card is technically free to own, one of the caveats is that you have to be an Amazon Prime subscriber to qualify. In 2018, Amazon increased the price of a Prime membership from $99 a year to $119.
Can I use my Amazon credit card at Walmart?
Can I use my Amazon Credit Card at Walmart? The Amazon Credit Card can be used at Walmart. But that applies only if you have the Visa version of the Amazon Credit Card (you can find the Visa logo on its front). And it's not only Walmart, it's pretty much any merchant, anywhere in the world.
Does Amazon have good benefits?
In addition to fair pay, employees have opportunities to own Amazon stock, participate in 401(k) plans with company match, and enroll in paid life and accident insurance. Financial counseling and estate planning services are also available, plus paid short-term and long-term disability if needed.
How does the 5% cash back work with Amazon card?
Once you have the Amazon Prime Store Card, you immediately get 5% back on every Amazon.com purchase, which means you get back 5% of the purchase's value in rewards points. You can cash out points on Amazon directly—if you have rewards available, Amazon will give you the option to apply them at checkout.
What is the cash back on Amazon Prime credit card?
Earning % Back Rewards: You'll earn either 5% Back or 3% Back for each $1 of eligible purchases made using your card account at Amazon.com and Whole Foods Market, as described above. 3% Back equates to $0.03 in % Back rewards, which is equal to 3 points, for each $1 spent.
What are the reward rates for the Amazon Prime Rewards card?
The Amazon Prime Rewards Visa card earns rewards on the following bonus categories with an eligible Prime membership: 5 percent rewards on Amazon.c...
What is the annual fee for the Amazon Prime Rewards card?
The Amazon Prime Rewards card doesn’t charge an annual fee, but you’ll have to pay up for an eligible Amazon Prime membership to earn the full 5 pe...
What credit score is needed for the Amazon Prime Rewards card?
Applicants with a good to excellent credit score—a 670 FICO score or higher or a 661 VantageScore or higher—have the best approval odds when applyi...
What happens to my Amazon Prime Rewards card if I cancel Amazon Prime?
Since you don’t need an Amazon Prime membership to hold an Amazon credit card, canceling your Prime account won’t cancel your Amazon Prime Rewards...
What bank does the Amazon Prime Rewards Signature card use?
The Amazon Prime Rewards Signature card is issued by Chase Bank, so it is a Chase credit card. This is important since it means that the Amazon Pri...
Exclusive Prime cardmember offers
Get an extra 5-20% Back in rewards on top of the 5% Back you already earn on thousands of items purchased at Amazon.com. Learn more.
No foreign transaction fees
You will pay no foreign transaction fees when you use your card for purchases made outside of the United States.
Travel Accident Insurance
When you pay for your air, bus, train or cruise transportation with your Amazon Rewards Visa Signature Card, you are eligible to receive accidental death or dismemberment coverage of up to $500,000.³
Lost Luggage Reimbursement
If you or an immediate family member check or carry-on luggage that is damaged or lost by the carrier, you’re covered up to $3,000 per passenger.³
Baggage Delay Insurance
Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier up to $100 a day for 3 days.³
Travel and Emergency Assistance
If you run into a problem away from home, call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance. (You will be responsible for the cost of any goods or services obtained.)³
Zero Fraud Liability
With Zero Fraud Liability, you will never be held accountable for unauthorized purchases on your Amazon Rewards Visa Signature Card.⁴
What is the rebate on Amazon?
You earn a 5% rebate (or 3%, for non-Prime members, who are eligible for the Visa Rewards card) for all Amazon.com and Whole Foods Market purchases; 2% at gas stations, restaurants, and drugstores; and 1% on all other purchases. 2 Your rewards come in the form of points. 3 You'll get one point for each penny you earn in rebates.
What is the annual percentage rate on a credit card?
The annual percentage rate on your card will depend on your credit history. There’s no introductory APR. Expect a rate between 14.24% and 22.24%, but it will vary based on the prime rate. Balance transfers have the same APR as purchases instead of the higher one many cards impose.
How much is a late payment on a credit card?
You have 21 days after the end of the billing cycle to pay the balance in full to avoid any interest charges. The late payment fee is up to $39, depending on your card's balance. Customers will pay $5 or 5% of the balance transfer amount, whichever is greater. Cash advances cost $10 or 5%, whichever is greater.
Is Amazon Visa card only for Prime members?
Although the card is only available to Prime members, the rewards structure of either Amazon Visa card might make it useful even for people who only shop at Amazon infrequently. The APR is still higher than most non-retail cards, but this card's terms are attractive in the retail space.
Does Amazon have a visa card?
Not only does it offer a wide variety of goods, but the company also offers a co-branded visa card, especially for its Prime members. The Prime Rewards Signature Visa is similar to its alternative co-branded card, named the Amazon Rewards Signature Visa credit card. Both credit cards can be used anywhere Visa is accepted ...
Does Amazon Prime have an annual fee?
No, the card does not have an annual fee. However, you will be required to purchase an Amazon Prime membership ($119 a year) if you want to open an Amazon Prime Rewards Signature Visa credit card account.
Which is the best credit card for Amazon Prime?
The Amazon Prime Rewards Visa Signature Card is one of the best online shopping credit cards due to its high reward rates on Amazon purchases with no spending caps and Visa Signature benefits.
What is Amazon Prime Rewards?
The Amazon Prime Rewards is a Chase credit card and earns cash back in the form of equivalent points. You can redeem your points at a 1:1 value toward cash back, travel, Amazon purchases upon checkout and gift cards. There is no minimum rewards balance to redeem for cash back or for Amazon purchases, but there’s a disappointingly long list ...
What credit cards give you cash back?
Flat-rate cards like the Citi® Double Cash Card are solid picks to earn cash back on every purchase you make.
What is a good credit score?
Recommended Credit Score. Good to Excellent (670 - 850) A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product. Annual Fee:
Does Amazon Prime have return protection?
As an online shopping card with Visa Signature benefits, it’s surprising that the Amazon Prime Reward s card doesn ’t come with price and return protection too . It’s a bit disappointing that you can’t get your money back if a sketchy seller doesn’t offer returns, but return protection is a rarer perk nowadays.
Does Bankrate.com include American Express?
Bankrate.com does not include the entire universe of available financial or credit offers. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. At Bankrate we strive to help you make smarter financial decisions.
Do you have to spend to get Amazon credit?
However, there is no spending requirement for the standard Amazon credit offer—you receive the bonus instantly—and many store cards don’t offer a sign-up bonus at all. As far as retail cards go, the bonus is a nice plus since it can cover the $119 yearly cost of Amazon Prime membership for the first year.
What are the benefits of Amazon credit card?
The Amazon.com Credit Card benefits include travel accident insurance, coverage for lost or delayed luggage, and car rental insurance. Plus, items you buy with your Amazon.com Credit Card may be eligible for purchase protection and an extended warranty. But those benefits just sweeten the deal.
How long does Amazon rental car insurance last?
You just need to pay with your card and refuse the rental company’s insurance. Coverage last 31 days and excludes luxury cars, trucks and damage due to reckless driving. Extended warranty: Pay with your Amazon.com Credit Card and get up to one extra year for warranties of three years or less.
Does Amazon have a foreign transaction fee?
No annual or foreign transaction fee: The Amazon.com Credit Card has no foreign transaction fee, which means you can shop from internationally based merchants without pesky surcharges on each purchase. Since the Amazon.com Store Card can only be used on Amazon.com, there’s no foreign transaction fee to worry about.
Why you can trust Bankrate
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity , this post may contain references to products from our partners. Here's an explanation for how we make money . The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.
Amazon Prime Rewards Visa Signature Card rewards structure
The most attractive benefit of this card is its high rewards earning rate on purchases through Amazon. Cardholders who have an eligible Amazon Prime membership receive 5 percent cash back on purchases from Amazon.com as well as Whole Foods Market, which is owned by Amazon.
The bottom line
If you’re already an Amazon Prime member, adding the Amazon Prime Rewards Visa Signature card to your wallet can make Amazon’s low prices an even sweeter deal. If you use Prime regularly, the welcome bonus gift card and high-earning rewards categories for Amazon.com and Whole Foods purchases can cover your membership.
No foreign transaction fees
You will pay no foreign transaction fees when you use your card for purchases made outside of the United States.
Travel Accident Insurance
When you pay for your air, bus, train or cruise transportation with your Amazon Rewards Visa Signature Card, you are eligible to receive accidental death or dismemberment coverage of up to $500,000.³
Lost Luggage Reimbursement
If you or an immediate family member check or carry-on luggage that is damaged or lost by the carrier, you’re covered up to $3,000 per passenger.³
Baggage Delay Insurance
Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier up to $100 a day for 3 days.³
Travel and Emergency Assistance
If you run into a problem away from home, call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance. (You will be responsible for the cost of any goods or services obtained.)³
Zero Fraud Liability
With Zero Fraud Liability, you will never be held accountable for unauthorized purchases on your Amazon Rewards Visa Signature Card.⁴
Auto Rental Collision Damage Waiver
Decline the rental company’s collision insurance and charge the entire rental cost to your Amazon Rewards Visa Signature Card. Coverage is provided for theft and collision damage for most rental cars in the U.S. and abroad. In the U.S., coverage is secondary to your personal insurance.³
How many Amazon credit cards are there?
There are four Amazon credit cards to consider: two consumer cards and two small business cards. Each card comes with its own set of benefits and potential drawbacks. Is one of them right for you? Let’s take a closer look at each card to help you decide.
How much does Amazon Prime cost?
A Prime membership fee starts at $119 annually or $59 annually for a Prime Student membership.
How much can you redeem Chase Ultimate Rewards points for?
Rewards earned are Chase Ultimate Rewards points which can be redeemed for cash back at 1 cent per point or redeemed for 25% more value when used to book travel through the Chase Travel Center. You can also use your rewards to redeem for Amazon purchases, but that yields a lesser value of around 0.8 cents per point.
Is Amazon Prime membership required?
There’s no Amazon Prime membership required but the earnings rate on Amazon stuff is lower with this card. Otherwise this card has all the same bells and whistles as its Prime sibling. The question to ask yourself if debating whether or not to get this card is how much you’ll actually spend on Amazon purchases and/or Whole Foods spending vs the areas that only earn 1% on this card. If you think you’ll spend more overall in the 1% categories, a better choice would be a card that earns a flat 2% cash back on every purchase.
