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
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 fees are Amazon Credit Card Review Why to choose it:

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 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 Amazon Credit Card Review Why to choose it.

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 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.

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 Amazon Credit Card Review Why to choose it.

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.

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 Amazon Credit Card Review Why to choose it.

Sign-up bonus: Amazon sometimes offers gift cards in varying amounts upon receipt. For example, you can get 50, 100, 115 or otherwise.

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?
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 Amazon Credit Card Review Why to choose it.
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 rate similar to travel, cashback and Amazon purchases.

Amazon offers a number of credit cards in addition to this one. Some are only for Prime members, while others are open to anyone. Some are business cards that can only be used on Amazon; others can be used anywhere Visa is accepted. Here’s a look at other options.

» MORE: Best Credit Cards to Use on Amazon

Key features of the Amazon Prime Rewards Visa Signature Card

Card Type: Shop & Rewards.

Annual fee: $0, but you must be an Amazon Prime member. Membership costs $139 per year ($69 per year for students). Note that in many states, sales tax will be applied to your membership fee, increasing the actual cost.

Signup Bonus: Amazon occasionally offers gift cards of varying amounts upon approval Amazon Credit Card Review Why to choose it.

rewards:

5% back at Amazon.com and Whole Foods Market.

2% back at restaurants, gas stations and drugstores.

1% back on all other purchases Amazon Credit Card Review Why to choose it.

Rewards come as points, each worth a penny. Redeemable for eligible purchases on Amazon.com with no minimum purchase required. But you can also redeem points through Chase for cash back, either as a statement credit or deposited into an eligible checking or savings account, also with no minimum requirement. Other redemption options include travel and gift cards. Please note that points earned on the Amazon Prime Rewards Visa Signature Card cannot be combined with Chase Ultimate Rewards® points.

APR: Ongoing APR is 18.49% – 26.49%, variable.

Foreign Transaction Fees: None.

Other benefits:

Travel Protection: Travel Accident Insurance, Lost Baggage Compensation, Baggage Delay Insurance, Travel & Emergency Assistance, Car Rental Collision Damage Waiver, Road Shipping.

Purchase protections: Extended warranty, purchase protection Amazon Credit Card Review Why to choose it.

Plus: Visa Signature concierge service and access to hotel reservations at Visa Signature’s collection of luxury hotels.

» MORE: Chase Credit Card Mobile App Review

Why You Might Want the Amazon Prime Rewards Visa Signature Card
High ongoing rewards
If you’re a big spender at Amazon.com or Whole Foods Market, no other card can offer as consistently high rewards for your loyalty as the Amazon Prime Rewards Visa Signature Card. Several other cards are coming, such as Discover it® Cash Back. Earn up to 5% cash back in rotating bonus categories that change every quarter, up to a $1,500 quarterly spending cap. (Activation required; all other purchases earn 1% back.) And in the past, Amazon.com was among the card’s 5% bonus categories — but again, only for three months and only up to a combined quarterly cap of $1,500 Amazon Credit Card Review Why to choose it.

Nerdy Tip
If you want Amazon-focused earnings without the membership price tag, consider the Amazon Rewards Visa Signature Card. This version also has a $0 annual fee, but does not require a Prime membership. It earns less in rewards at Amazon and Whole Foods, but you get the same rate back at restaurants, gas stations, and drugstores.

» MORE: Best credit cards for grocery spending

It rewards flexibility
The only thing more fun than earning rewards is redeeming them, and your Amazon Prime Rewards Visa Signature Card earnings can be used in a variety of ways (which isn’t always the case with store-brand credit cards). Use rewards to make your next Amazon purchase, or redeem them through Chase to purchase gift cards, book travel, or get straight cash back. Points are worth one cent no matter how you use them Amazon Credit Card Review Why to choose it.

Packed with accessories
Even if you travel the furthest from bed to sofa, the Amazon Prime Rewards Visa Signature Card is packed with juicy Visa Signature extras that almost anyone can use. Serious online shoppers can take advantage of purchase protection and warranties on qualifying items. And for frequent travelers, the Amazon Prime Rewards Visa Signature Card comes with no foreign transaction fees, making it ideal for international use. Domestic and international travelers can find value in the included rental car collision waiver coverage, baggage delay insurance, and travel and emergency assistance Amazon Credit Card Review Why to choose it.

»MORE: Refuses car rental insurance abroad? Know the risks

Why you might want another card
You don’t even buy whole foods much on Amazon
Unless you shop a significant amount through Amazon or Whole Foods, there’s no point in applying for an Amazon Prime Rewards Visa Signature Card. For starters, Amazon isn’t always the cheapest option — especially when you factor in the cost of a Prime membership — and Whole Foods hasn’t earned the “Whole Paycheck” moniker for carrying value-oriented fare Amazon Credit Card Review Why to choose it.

If you’re not into membership fees and looking for low rates, consider applying for another co-branded credit card from another ubiquitous retail behemoth: namely the Capital One® Walmart Rewards™ Mastercard®. The card offers similarly generous rewards on Walmart purchases: 5% back on Walmart.com purchases; 2% back on in-store purchases at Walmart (including Murphy USA and Walmart gas stations) as well as travel and dining expenses; and 1% back on all other purchases. And like Amazon, Walmart also carries almost any item you can think of. Difference? No annual membership fee is required to hold the card.

» MORE: How the Capital One® Walmart Rewards™ Mastercard® Compares to the Competition

You want a simple high rate back on everything
The Amazon Prime Rewards Visa Signature Card offers increased rewards in several categories—but not with every purchase you make.

If you want a simpler option that can reward you well no matter where you shop, the Citi® Double Cash Card may be a better option. It has the potential to earn a fantastic 2% cash back on all purchases: 1% when you buy plus another 1% when you pay, with no category tracking or expensive membership required. The annual fee is $0 Amazon Credit Card Review Why to choose it.

And if this card doesn’t make sense for you, check out Nerdwallet’s list of the best credit cards with rewards.

Looking for a 0% introductory APR offer
If you intend to finance a large item or just want some extra time to pay off an existing balance, there are plenty of cards with attractive introductory interest-free offers. As with most store-brand credit cards, the Amazon Prime Rewards Visa Signature Card is not one of them. For a lengthy 0% introductory APR period on both balance transfers and purchases, the US Bank Visa® Platinum Card is a good choice.

Should You Get The Amazon Prime Rewards Visa Signature Card?

If you’re a big spender at Amazon, Whole Foods, or both, no other card can reward you as generously and consistently as the Amazon Prime Rewards Visa Signature Card. However, if you don’t make most of your purchases at any one place, there’s no reason to get this card Amazon Credit Card Review Why to choose it.

Information related to Amazon Prime Rewards Visa Signature Card and Amazon Rewards Visa Signature Card was collected by NerdWallet and has not been reviewed or provided by the card issuer Amazon Credit Card Review Why to choose it.

Quick Pick Up: If piles of Amazon boxes are the order of the day in your residence, you may be missing out on some savings if you’re not using the Amazon Prime Rewards Visa Signature Card for your purchases. It’s one of two store-brand cards designed to reward frequent shoppers for their loyalty with special cash-back rates you won’t get from other cash-back credit cards. Here’s more about the Amazon Prime Rewards Visa Signature Card.
How did we calculate it Amazon Credit Card Review Why to choose it?
PROS
$150 Amazon gift card bonus upon approval
No annual fee
Big 5% cashback rewards on Amazon and Whole Foods purchases and 10% back on select Amazon products
DISADVANTAGES
The Amazon Prime membership fee is not waived
Amazon Prime Rewards Visa Signature Card Overview
The Amazon Prime Rewards Visa Signature Card is issued by Chase Bank. It’s for Amazon shoppers looking for savings through cashback rewards. Since it’s Visa, you can use it anywhere Visa is accepted and earn at least 1% cash back on all purchases Amazon Credit Card Review Why to choose it.

Key properties
The Amazon Prime Rewards Visa Signature Card is rated 4.8 out of 5 by GOBankingRates. The top performing categories are:

Annual fee
There is no annual fee for the Amazon Prime Visa. However, you will need an Amazon Prime membership. The current fee is $14.99 per month or $139 per year. Students pay $7.49 per month or $69 per year. If you’re a frequent Amazon shopper, a Prime membership might be worth it Amazon Credit Card Review Why to choose it.

APR
Amazon Prime Visa has an introductory offer of 0% APR for six to 18 months on all purchases of at least $50. After the interest-free promotion period, the rate is 17.99% – 25.99% variable APR Amazon Credit Card Review Why to choose it.

Reward rate
Amazon shoppers and individuals who dine out or buy a lot of fuel will benefit the most from the Prime Visa rewards structure. Prime members could earn 10% or more back on select Amazon products. All Amazon and Whole Foods purchases will earn an increased 5% cash back. Purchases at restaurants and gas stations earn 2% back. All remaining purchases have a 1% rewards rate Amazon Credit Card Review Why to choose it.

Amazon benefits
Additional card benefits for Prime members include the flexibility to choose between 5% cash back or 0% APR on purchases of $50 or more made in the first 18 months. After the introductory period, the rate is 17.99% – 25.99% variable APR. In addition, Visa offers a number of travel-related benefits, including Amazon Credit Card Review Why to choose it:

No foreign transaction fees
Travel and emergency assistance
Compensation for lost luggage
Baggage delay insurance
Travel accident insurance
Road expedition
Car rental collision damage waiver Amazon Credit Card Review Why to choose it.

How the Amazon Prime Rewards Visa Signature Card Stands Out
Prime Members will find that the Amazon Prime Rewards Visa really shines when it comes to cash back rewards. If you regularly spend money at Whole Foods and Amazon, 5% back can really add up. Plus, select items can earn you 10% cash back or more. If you shop strategically, you can take advantage of great savings through this credit card.

The easiest way to redeem your growing rewards balance is to apply it to new Amazon purchases at checkout Amazon Credit Card Review Why to choose it.

Comparable Amazon Prime Rewards Visa Signature Card options

The Amazon Prime Rewards Visa Signature Card gives you the best earning options if you’re looking for rewards from a major retailer. Alternative cards worth considering include:

Citi Custom Cash℠ Card
The Prime Visa Rewards Card comes with a $100 Amazon gift card. The Citi Custom Cash Card gives you $200 cash back after you spend at least $1,500 in the first six months. Similar to the Amazon Prime card, there is no annual fee. And if you’re a big spender at Amazon and Whole Foods, you can match Prime Visa rewards, as the highest-spending category earns 5% cash back. But if you shop elsewhere more often, you’ll be able to take advantage of variable refund options Amazon Credit Card Review Why to choose it.

Discover it® Cash Back
The Discover it Cash Back Card offers cardholders quarterly rotating categories that earn 5% back on the first $1,500 spent. First, you will need to activate the category, which requires following the bonus calendar. The good news is that the Discover it card has no annual fee and Amazon is one of the categories with 5% spin back Amazon Credit Card Review Why to choose it.

How to sign up
To apply for a Prime Rewards visa, you need to set up or log in to your Amazon account and follow the simple application steps. You will be asked to provide personal information including your date of birth, social security number and more. The decision is usually reached in about 15 seconds and you can start shopping online right away with the electronic version of the credit card and $150 gift card.

Who is the Amazon Prime Rewards Visa Signature Card Best For?
The Amazon Prime Rewards Visa Signature Card is best for Prime members who frequently shop at Amazon and Whole Foods. You’ll get 5% cash back on purchases plus the opportunity to get select Amazon items for rewards of 10% back or more. Depending on how much you spend, these cash back rewards can add up quickly Amazon Credit Card Review Why to choose it.

Final shot
If you know how to use your credit card responsibly, you can use the benefits of the card to your advantage. Frequent Amazon and Whole Foods customers can start collecting savings on their purchases that they can apply to future spending with the Amazon Prime Rewards Visa Signature Card Amazon Credit Card Review Why to choose it. There’s no annual fee for one, and aside from Amazon purchases, it can be used anywhere Visa is accepted Amazon Credit Card Review Why to choose it.

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