Amazon Credit Card Review Why to choose it No other card rewards you as generously or consistently for loyalty if you spend a lot at Whole Foods or Amazon. If you don’t shop at any of the retailers often, you’ll get more out of a card that rewards you for shopping where you like.

Information about Amazon credit card prices and fees Amazon Credit Card Review Why to choose it:

CONTENT:

Amazon Payment Cards Review
Current Amazon Credit Card Sign Up Bonus
Key features of the Amazon Prime Rewards Visa Signature Card
What are the advantages and disadvantages?
Amazon Prime Rewards Visa Signature Card vs Capital One Walmart Rewards Card
To Choose or Not to Choose an Amazon Prime Rewards Visa Signature Card?
The best cards to pair with Visa Signature Amazon Prime Rewards
All information about Amazon Prime Rewards Visa Signature Card and Capital One Walmart Rewards Card was collected independently by blog.unibulmerchantservices.com and has not been reviewed or endorsed by the publisher.

Information about Amazon credit card prices and fees
Let’s start with Amazon card interest rates first Amazon Credit Card Review Why to choose it.

INTEREST RATES Amazon Credit Card Review Why to choose it:

APR (annual percentage rate) from 16.49% to 24.49%
Cash Advance 27.24%
Minimum interest None
How to avoid paying interest The due date is at least 21 days after the end of each billing cycle. The Company will not charge any interest on new purchases provided you pay the balance in full or save interest on each month’s due date. You will be charged interest on balance transfers and cash advances from the transaction date Amazon Credit Card Review Why to choose it.
Amazon credit card fees are:

FEES
Annual membership fee None
Balance Transfers Either $5 or 5% of each transfer
Cash Advances Either $10 or 5% of each transaction
Foreign transactions None
Late payment up to $39
Cashback up to $39
Return Check None
More information can be found in the Price list and terms and conditions Amazon Credit Card Review Why to choose it.

Amazon Payment Cards Review

If you’re an Amazon Prime loyalist, it’s hard to fault the Amazon Prime Rewards Visa Signature Card.

This Chase card offers a fantastic rewards rate at both Amazon.com and Whole Foods. It is also different from other cards that store a mark. You can use it and earn rewards anywhere Visa is accepted.

Bonus rewards are also available at drugstores, restaurants and gas stations.

In addition, the purchase options with the store card are very flexible.

All of this is at zero cost, but you must first purchase an Amazon Prime membership. People who don’t spend enough through Amazon to justify the cost of membership will have to shop elsewhere Amazon Credit Card Review Why to choose it.

Amazon provides a number of credit cards in the same way as this one. Some are reserved for Prime members, while others are available to everyone. Some business cards are only available on Amazon, while others can be used anywhere Visa is accepted Amazon Credit Card Review Why to choose it.

Current Amazon Credit Card Sign Up Bonus

When you get approved by this Prime Rewards Visa card, you have a chance to earn up to a $115 Amazon gift card. This is the same as the highest value offer we saw earlier in 2021 and is a significant increase from the most recent $100 gift card. However, it is important to note that the value of this gift card may vary depending on the site you apply for.

Ahead of Prime Day this June, the Amazon Prime Rewards Visa Signature Card changed its original offer to include a $115 Amazon gift card size upon approval. This perfectly matched the 10% increase in rewards for the limited time offer on select items. They are usually offered during Prime Day, which may cause an introductory period before Prime Day. Perhaps the best opportunity to apply for an Amazon Prime Rewards Visa card is if your application does not currently offer a total value of $150 Amazon Credit Card Review Why to choose it.

The $100 offer wasn’t a bad offer at all. The bonus gift card was previously valued at less than $70. However, seeing a more competitive return of $150 on gift cards can be an attractive hook.

The $100 value was lower than the low end of many of the most lucrative credit card sign-up bonus offers, which typically range from $150 to $200 with no annual fees. However, there is no minimum spending requirement for a typical Amazon credit card (you get the bonus instantly), and some credit cards don’t offer a sign-up bonus Amazon Credit Card Review Why to choose it.

When it comes to retail cards, the reward is an excellent perk as it covers the annual cost of Amazon Prime membership of $139 during the first year.

Key features of the Amazon Prime Rewards Visa Signature Card
Card Type: Amazon Credit Store Card and Rewards

Annual cost: $0

However, you must be part of an Amazon Prime member family. Membership costs $139 per year. Be aware that several states have sales tax on membership costs, which increases the cost of membership.

Sign-up bonus: Amazon sometimes offers gift cards in varying amounts upon receipt. For example, you can get 50, 100, 115 or otherwise Amazon Credit Card Review Why to choose it.

rewards:

Get 5% off purchases at Amazon.com and Whole Foods Market.
2% back at restaurants, gas stations, drugstores and restaurants.
1% off any other purchase.
Rewards are earned as points, which can be worth a penny. They can be used to make qualifying purchases on Amazon.com and there are no minimum redemption requirements. You can also use points through Chase for cash back or as a statement credit or transfer to an eligible savings or checking account with no minimum requirements.

Other redemption options include gift and travel cards. Note that points earned with an Amazon credit card cannot be used with Chase Ultimate Rewards points Amazon Credit Card Review Why to choose it.

APR: Current APR is 16.49% to 24.49%.

Foreign Transaction Fees: None.

Another benefits:

Travel protection: Passenger baggage loss accident insurance, baggage delay insurance, emergency and travel assistance, rental car collision damage waiver, road dispatch waiver.
Purchase Protection: Extended Warranty Purchase Protection.
Plus: Visa Signature concierge service and access to book hotels from the Visa Signature luxury hotel collection.
What are the advantages and disadvantages Amazon Credit Card Review Why to choose it?
BENEFITS of the Amazon Prime Rewards Visa Signature Card
5% Back: High earning rates on Amazon.com and Whole Foods make daily miscellaneous shopping and grocery shopping profitable.
NO Foreign Transaction Fees: No foreign transaction fees make this card a great cost-saving travel partner.
1% – 2% Back: Rewards can be redeemed at a similar rate to travel, cashback and Amazon purchases, giving cardholders plenty of options with their rewards.
Travelers can do their business in peace by taking advantage of the huge Chase.

More than 40% of online shoppers shop at Amazon at least once a month, according to a recent NPR survey.

If you’re one of them, you may have seen the Amazon credit card promotions. The mega online retailer offers four types of credit cards. Pick the accepted numbers and determine which of these options provides the most benefit to frequent shoppers Amazon Credit Card Review Why to choose it.

Our #1 choice is the Amazon Prime Rewards Visa Signature Card. Although the card requires users to have an eligible Amazon Prime membership ($139 per year or $14.99 per month), the company’s branded credit card offers the highest rewards return: 5% cash back at Amazon.com and Whole Foods Market. Plus, on Amazon Prime Day, you can get an even higher cash back rate when you shop with your Amazon card. With over 200 million subscribers to Amazon Prime, many people already fulfill this requirement Amazon Credit Card Review Why to choose it.

Below are four Amazon credit cards to help you choose the best card for your needs.

Amazon Prime Rewards Visa Signature Card
Amazon Rewards Visa Signature Card
Amazon Store Card
Amazon Prime Store Card
Subscribe to the selected newsletter!
Our best picks in your inbox. Shopping recommendations to help improve your life, delivered weekly. Register here Amazon Credit Card Review Why to choose it.

Amazon Prime Rewards Visa Signature Card
Amazon Prime Rewards Visa Signature Card
Amazon Prime Rewards Visa Signature Card
FIND OUT MORE
On Amazon’s secure website
Rewards
5% 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
$200 Amazon.com Gift Card upon approval

Annual fee
$0 (but requires Prime membership)

Introduction APR
None

Regular APR
15.74% to 23.74% variable

Balance transfer fee
5%, $5 minimum

Foreign transaction fee
None

Credit required
Excellent/Good

Check out our methodology, conditions apply Amazon Credit Card Review Why to choose it.

Pros
No annual fee
$100 Amazon.com Gift Card upon approval, no spending requirements
5% back at Amazon.com and Whole Foods Market
No fees for purchases made outside the US.
Disadvantages
Primary membership is required
5% back on groceries only applies to groceries purchased at Amazon.com or Whole Foods Market
Estimated rewards earned after 1 year: $590
Estimated rewards earned after 5 years: $2,352
Reward totals include points earned from the welcome bonus

Show more
who it’s for The Amazon Prime Rewards Visa Signature Card, offered through Chase, rewards users with the highest unlimited cash back rate of any Amazon Select brand credit card analyzed. Earn a robust 5% cash back on all purchases made by Prime members at Amazon and Whole Foods. This is one of the key reasons why this card was our #1 choice for online shopping Amazon Credit Card Review Why to choose it.

In addition to a generous 5% cash back at these two retailers, the card offers users 2% back on purchases made at restaurants, gas stations and drugstores. All other purchases earn 1% cash back.

If you’re wondering if an Amazon Prime membership is worth the money, this card might help you decide: As a welcome bonus, cardholders can get a $100 Amazon.com gift card to offset the $139 annual membership for your first year.

Amazon Prime membership gives you access to a number of benefits, including free two-day shipping, access to Prime Video, and exclusive discounts at Whole Foods.

That said, the Amazon Prime Rewards Visa Signature Card doesn’t have the most competitive welcome bonus, and you can earn more than 2% back at restaurants, gas stations, and drug stores with other rewards cards if those are big spending areas for you Amazon Credit Card Review Why to choose it.

*First year rewards total includes points earned from welcome bonus. When we calculated the returns for the Amazon Prime Rewards Visa Signature Card, we assumed that the cardholder would buy 75% of their groceries at Whole Foods Market; 25% of their clothing and home goods are purchased on Amazon. You may get a higher or lower return depending on your spending habits.

Amazon Rewards Visa Signature Card
Amazon Rewards Visa Signature Card
Amazon Rewards Visa Signature Card
FIND OUT MORE
On Amazon’s secure website
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

Introduction APR
None

Regular APR
15.74% to 23.74% variable

Balance transfer fee
5%, $5 minimum

Foreign transaction fee
None

Credit required
Excellent/Good

Check out our methodology, conditions apply.

Pros
No annual fee
No Prime membership required
$50 Amazon Gift Card upon approval, no spending requirements
3% back on Amazon and Whole Foods Market
No fees for purchases made outside the US.
Disadvantages
3% back on groceries only applies to groceries purchased at Amazon or Whole Foods Market
Estimated rewards earned after 1 year: $399
Estimated rewards earned after 5 years: $1,835
Reward totals include points earned from the welcome bonus

Show more
who’s it for If you don’t have an Amazon Prime membership but still use the site frequently to shop, another option is the Amazon Rewards Visa Signature Card. This credit card doesn’t require a Prime membership and still offers 3% back at Amazon and Whole Foods, along with 2% back at restaurants, gas stations and drugstores Amazon Credit Card Review Why to choose it.

New cardholders will receive a $50 Amazon gift card once their application is approved. Cardholders can also enjoy no foreign transaction fees and choose travel benefits such as travel accident insurance, car rental collision damage waivers and lost baggage reimbursement.

If you later decide to become a Prime member, you will be upgraded to the Prime version of this card.

*First year rewards total includes points earned from welcome bonus. When we calculated the returns for the Amazon Rewards Visa Signature Card, we assumed that the cardholder would buy 75% of their groceries at Whole Foods Market; 25% of their clothing and home goods are purchased on Amazon. You may get a higher or lower return depending on your spending habits Amazon Credit Card Review Why to choose it.

Amazon Store Card
Amazon Store Card
Amazon Store Card
FIND OUT MORE
On Amazon’s secure website
Rewards
None

Welcome bonus
$10 Amazon.com Gift Card upon approval

Annual fee
$0

Introduction APR
Pay no interest on all Amazon purchases of $150 or more when paid in full within 6, 12 or 24 months

Regular APR
27.49% variable

Balance transfer fee
Can not be used

Foreign transaction fee
Can not be used

Check out our methodology, conditions apply Amazon Credit Card Review Why to choose it.

Pros
No annual fee
$10 Amazon.com Gift Card upon approval, no spending requirements
Various promotional financing offers
Disadvantages
Deferred interest means you have to pay all the interest you accrue during the introductory period unless you pay off the balance in full before it ends
No rewards program
This card can only be used on Amazon
High APR
Show more
who’s it for If you’re not a Prime member but still want to make a big purchase on Amazon, the Amazon.com Store Card, offered through Sync.

The Amazon Prime Rewards Visa Signature Card offers great rewards earning opportunities for anyone who shops on Amazon. Which, according to Statista, included over 200 million Amazon Prime members in 2020. But is this Amazon credit card worth it for everyone?

No, it probably won’t be worth it for everyone, as the value this card brings depends on your spending habits. But for avid Amazon shoppers, there may not be a better credit card. Let’s dive into the details to see if the Amazon Prime Visa is right for your situation, or if you should consider alternative options.

In this article
The Basics: Amazon Prime Rewards Visa Signature Card
Signup Bonus: $150 Amazon Gift Card upon approval

Rewards Rate: 5% cash back on Amazon.com and Whole Foods Market; 2% in restaurants, gas stations and drugstores; 1% on all other purchases Amazon Credit Card Review Why to choose it.

Annual fee: Technically $0, but this card requires an eligible Prime membership ($119 per year) Amazon Credit Card Review Why to choose it.

Review: Check out our Amazon Prime Rewards Visa Signature Card review.

The Amazon Prime Rewards Visa Signature Card is easily one of the best credit card options for frequent Amazon shoppers. Chance to earn 5%

back to Amazon.com and Whole Foods Market is probably the best you’ll find for shopping on Amazon. Other bonus categories for everyday purchases are also useful.

Additional benefits include no foreign transaction fees and plenty of Visa Signature benefits. Here are the many benefits provided to cardholders Amazon Credit Card Review Why to choose it:

Purchase protection Amazon Credit Card Review Why to choose it.
Extended warranty protection
Car rental collision damage waiver
Road expedition
Travel and emergency assistance
Compensation for lost luggage
Baggage delay insurance
Travel accident insurance
24/7 Visa Signature concierge service
Additionally, the Amazon Prime Rewards Card offers a variety of options to shop on Amazon and pay for them over time. You can choose the Equal Monthly Payments option at checkout for eligible purchases. Depending on the total amount of the purchase, monthly payments can be spread over six, 12 or 18 months. You won’t get rewards for choosing to make the same monthly payments, but you can avoid any interest rate on those purchases if you pay Amazon Credit Card Review Why to choose it.

How to Make Your Amazon Prime Credit Card Pay Off
If you compare credit cards, it’s usually easy to figure out how much you’d need to spend on a rewards credit card to offset its annual fee, if possible. With the Amazon Prime Rewards Visa, you would need to spend at least $380 in the first year and at least $2,380 in the second year (more on those calculations below) to offset the $119 annual Amazon Prime membership fee Amazon Credit Card Review Why to choose it.

Keep in mind that it’s not necessarily a fair comparison to only judge the value of your Prime membership against this credit card account. Amazon Prime offers a lot of benefits that have nothing to do with Amazon credit cards, such as fast and free shipping, as well as access to Prime Video streaming, Amazon Photos, Amazon Music Prime and Prime Gaming. Together, these benefits can easily offset your annual membership fee.

But to keep things simple, we’ll ignore these benefits in our calculations of how much you’ll need to spend on your Amazon Prime Rewards Visa to offset the $119 Amazon Prime membership fee.

Scenario 1: First year of membership
It shouldn’t be too difficult to offset the annual membership fee in the first year, as the card’s welcome bonus is a $150 Amazon gift card upon approval. After a quick deduction ($119-$100) we end up with a total cost of $19.

Let’s see how much you’d have to spend on your card to make up the remaining $19:

Earn 5% from Amazon.com and Whole Foods Market: You would have to spend $380 ($19 / 0.05) on purchases in this category Amazon Credit Card Review Why to choose it.
Earn 2% at restaurants, gas stations and drugstores: You would have to spend $950 ($19 / 0.02) on purchases in this category Amazon Credit Card Review Why to choose it.
Earn 1% on all other purchases: You would have to spend $1,900 ($19 / 0.01) on purchases in this category.
To offset $19 by spending in two or more of these categories, you’d need to spend between $380 and $1,900 in your first year of account opening. To break it down further, divide those numbers by 12 and you get about $32 to $158 per month.

Scenario 2: Second year of membership
Unfortunately, you won’t get an additional welcome bonus (an Amazon.com gift card) for each year of membership with the card, which means you won’t be able to immediately offset $100 of your $119 Amazon Prime membership in the second year.

Let’s see how much you’d have to spend with the Amazon Prime Rewards Visa to offset the $119 fee for the second year:

Earn 5% from Amazon.com and Whole Foods Market: You would have to spend $2,380 ($119 / 0.05) on purchases in this category  Amazon Credit Card Review Why to choose it.
Earn 2% at restaurants, gas stations and drugstores: You would have to spend $5,950 ($119 / 0.02) on purchases in this category.
Earn 1% on all other purchases: You would have to spend $11,900 ($119 / 0.01) on purchases in this category.
The amounts you have to spend in the second year and beyond are obviously much higher than in the first year. Now you’re talking about spending between $2,380 and $11,900, depending on your spending habits. Divided by 12, that’s about $198 to $992 per month Amazon Credit Card Review Why to choose it.

In total, these calculations add up to more than the typical Amazon Prime member is found to spend annually, which is $1,400. But again, these scenarios only include Amazon Prime Rewards Visa spending and don’t take into account other benefits.

Would the Amazon Rewards Visa Signature Card be better?
Believe it or not, you can still shop on Amazon if you don’t have an Amazon Prime membership. You’ll lose all the benefits of Prime, but you can also skip the $119 membership fee Amazon Credit Card Review Why to choose it. Eliminating the fee creates situations where the Amazon Rewards Visa Signature card, which doesn’t require a Prime membership, can shine Amazon Credit Card Review Why to choose it.

Here are the basics of the Amazon Rewards Visa Signature Card:

Sign-up Bonus: Get a $60 Amazon Gift Card when your credit card application is approved

Rewards Rate: 3% cash back on Amazon.com and Whole Foods Market; 2% in restaurants, gas stations and drugstores; and 1% on all other purchases

Annual fee: $0

Review: Check out our Amazon Rewards Visa Signature Card review Amazon Credit Card Review Why to choose it.

As you can see, this card is not very different from the Prime Visa Signature version. The welcome bonus is lower and the earning rate maxes out at 3% cashback, but the bonus categories are the same and the annual fee is $0. And that $0 is real because you don’t need a Prime membership to qualify for the Amazon Rewards Visa Signature Card.

This means you wouldn’t have to spend a certain amount of money each year to offset the annual cost like you might with the Amazon Prime Rewards Visa. If you don’t spend a lot of money on Amazon every year, but do shop there occasionally, this card might make sense for you. However, there are more credit card options Amazon Credit Card Review Why to choose it.

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