Advanced searches left 3/3
Search only database of 8 mil and more summaries

Amazon Credit Card

Summarized by PlexPage
Last Updated: 02 July 2021

* If you want to update the article please login/register

General | Latest Info

The best Amazon Credit Card benefits are 50 Amazon. Com Gift Card after Account approval and 3% back at Amazon. Com and Whole Foods. Amazon Visa cardholders also earn 2% back at gas stations, restaurants and drugstores. These benefits apply to the Amazon Credit Card, which is issued by Chase Bank and can be used anywhere Visa is accept. Synchrony Bank issues Amazon Store Card,s which can only be used at Amazon. Com but gives Prime Members 5% back on purchases, too. Prime Members who are approved for either Amazon Credit Card or Amazon Store Card will automatically receive the Prime brand version. No annual or foreign transaction Fee: Amazon Credit Card has no foreign transaction Fee, which means you can shop from internationally based merchants without pesky surcharges on each purchase. Since Amazon Store Card can only be used on Amazon. Com, there is no foreign transaction fee to worry about. Neither Amazon Credit Cards nor Amazon Store Cards charge annual fees. But you need to pay the annual Prime Membership Fee for Best Rewards. Visa Signature perks: Amazon Credit Card is a Visa Signature Card, which means you will receive Travel Accident Insurance, Auto Rental Collision Damage Waiver, extended Warranty Protection, and Purchase Protection. Other features include lose Luggage Reimbursement, Baggage Delay Insurance, and access to Visas Luxury Hotel Collection. Amazon Store Card is not eligible for these benefits. Redemption options: Amazon Credit Card is a Points Card, where 100 Points equals 1 in Rewards. Points can be used to make part or all of purchases on your Amazon Credit Card. They can be redeemed for Cash Back starting at 2 000 Points in form of 20 Statement Credit. You can also redeem points for gift cards as well as travel books through Chase. 5% Back on Amazon Store Card can be redeemed as monthly Statement Credit or be used for purchases on Amazon. Com. These cards are an awesome way to save on Amazon spending, at very least. The Amazon Credit Card is a solid choice for earning Rewards on everyday purchases anywhere Visa is accept. And Amazon Store Card is great for people with Fair Credit or better, especially Prime Members. You can manage your Amazon Visa Credit Card on Chase website, and you can manage your Amazon Store Credit Card on Synchrony website. Logging in to either website will allow you to see your balance and previous statements, as well as manage your rewards. You can also set up one - time, automatic, or recurring payments. Alternately, you can manage your Amazon Credit Card Account on Chase mobile app, or Amazon Store Card on Synchrony mobile app. Both apps allow cardholders to make payments, see their balances, review their statements, and more. If you have questions about your Amazon Credit Card Account, call Customer Service at 888 - 247 - 4080 or email Chase securely after youve signed in on Chase website.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

7 Amazon Credit Cards, Compared

As with the website itself, youve get quite a few choices when it comes to Amazon credit cards. Most cards have Prime and non - Prime versions; youll receive the former if youre Prime member, and the latter if youre not. That is not permanent, though: If you have non - Prime version of Card and become a Prime member, you can request to be upgrade. Likewise, if you have a Prime Card and cancel your Prime account, it is likely that your Card will automatically be downgrade. Here is a brief rundown of seven Amazon Rewards credit Cards currently available. Click on their names or images to learn more. This flagship Amazon credit Card is available only if you have Prime: Amazon program that costs 119 / year and counts 112 million Americans among its members. Besides what youre already paying for Prime, this Cash Back Card has no annual fee and no foreign transaction fees. It earns a generous 5% Cash Back at Amazon. Com and Whole Foods Market; 2% at restaurants, gas stations, and drug stores; and 1% back on everything else. Youll also get 70 Amazon gift Cards as soon as youre approve. If youre already a Prime member who takes advantage of its many perks, including free two - day shipping, Amazon Prime Video, and discounts at Whole Foods, then this is the best Amazon credit Card. If youre not a Prime member, you need to determine whether these cards ' benefits outweigh costs, especially when considering that Amazon Rewards Visa Signature Cards earn similar rewards. As noted above, this card is nearly identical to the Prime Rewards Card, with three major differences: you do need to be a Prime member. Youll only earn 3% Cash Back at Amazon. Com and Whole Foods Market. Youll receive 50 Amazon gift Cards when you approve. If youre occasional Amazon or Whole Foods shopper who doesnt see the point of paying 119 / year for Prime, then this card might be a good fit. It still earns solid rewards at Amazon and Whole Foods, as well as at restaurants, gas stations, and drugstores. In general, wed say this card is better choice if you do already have Amazon Prime membership and B spends less than 495 / month, actually 5 950 / year at Amazon and Whole Foods. Because, from a pure Cash Back standpoint, that amount youd need to spend to make the Prime Rewards fee worth its additional 2% in Cash Back Rewards. Amazon Rewards Visa Signature Card: {matheq}5,950/year x 3% cash back = {endmatheq} 178. 50 earn Amazon Prime Rewards Visa Signature Card: 5 950 / year x 5% Cash Back {matheq}119 annual membership fee for Prime = {endmatheq} 178. 50 earn that say, Prime membership also comes with free two - day shipping and Amazon Prime Video, whose values depend on how often you use them. So do forget to factor those into your calculations and do forget there are plenty of other credit cards with no annual fees, as well. Aside from 10 gift cards upon approval, this card does have a lot of frills.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Insider tip

You can use both Amazon Prime Rewards Visa Signature Card and Amazon Rewards Visa Signature Card anywhere Visa credit cards are accept. Since they are Visa Signature cards, they come with access to a range of high - end features, such as lose luggage reimbursement, baggage delay insurance, roadside dispatch, secondary car rental insurance, extended warranty protection, and purchase protection. Cardholders will also be able to take advantage of Visa Signature Luxury Hotel Collection and concierge service. While Amazon Prime Rewards Visa Signature Card and Amazon Rewards Visa Signature Card require good credit, these Card are available to people with lower credit scores. If you have bad credit, and are going to qualify, Synchrony will automatically consider you for secure version of card. If approve, you need to put down a security deposit of at least 100, which will serve as your credit limit.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Compare Cash Back Credit Cards

Amazon shoppers have a number of credit cards to choose from, both from the e - commerce giant itself and from other credit card companies that incentivize spending online and in supermarkets. We 've broken down reward rates and bonuses below, so you can maximize your money while shopping. Amazon offers two types of credit cards for customersa, Rewards Card and Store cardand each type has Amazon Prime option and a standard option to choose from. Only meaningful benefit to Amazon. Com Store Cards and Amazon Prime Store Cards that you can't already get from their Rewards Card counterparts are options for monthly financing. With either of Amazon Store cards, you can finance purchases of a certain amount over a six -, 12 - or 24 - month repayment plan, with a 0% interest rate. We don't think this benefit is enough to warrant choosing Store Card over either of the Rewards cards, though. Instead, if you frequently shop on Amazon. Com or at Whole Foods and you are looking to earn cash back on your purchases, you should compare Amazon's Rewards cards with the best Cash - Back credit cards to make your decision. These responses are not provided or commissioned by bank advertiser. Responses have not been review, approved or otherwise endorse by bank advertiser. It is not bank advertiser's responsibility to ensure all posts and / or questions are answer. Advertiser Disclosure: products that appear on this site may be from companies from which ValuePenguin receive compensation. This compensation may impact how and where products appear on this site. Valuepenguin does not include all financial institutions or all products offer available in the marketplace. How We Calculate Rewards: ValuePenguin Calculate value of Rewards by estimating the dollar value of any points, miles or bonuses earned using Card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of card issuer, and have not been review, approved or otherwise endorse by the credit card issuer.S Example of how we calculate Rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth 0. 0125 each. The card awards 2 points on travel and dining and 1 point on everything else. Therefore, we say a card has 2. 5% Rewards rate on dining and travel and 1. 25% Rewards rate on everything else.


Comparing Amazon cards

An additional way to earn bonus on Amazon purchases with outside credit card is to purchase Amazon gift cards at stores where your card offer category bonus, such as office supply and grocery stores. While some cardholders have success with this tactic, there is no guarantee that your particular store will offer Amazon gift cards or allow you to purchase gift cards with credit card. However, it is worth checking the gift card rack, especially if you are trying to collect points on a particular card. See related: Guide: How to maximize your cash back on Amazon. Com * information about Chase Freedom, Amazon Rewards Visa and Amazon Prime Rewards Visa has been collected independently by creditcards. Com. The issuer does not provide content, nor is it responsible for its accuracy.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Pros Explained

If you re not someone who shops at Amazon enough to justify subscription to Prime, you d probably benefit more from another credit card. Chase Freedom, for example, is CNBC Make It's No. 1 Cash Back Card overall, since it Offer 5 percent back on categories that rotate every quarter. Capital One Venture, meanwhile, our No. 1 Travel Card, Offer 10 points on purchase at hotels. Com / Venture, plus a flat rate of 2 points back on all other purchases. That say, some of the Prime Rewards Card's benefits are unique: No other Card offers such a high return for spending at both Amazon and Whole Foods. Discover It Cashback Match offers 5 percent back on purchases at Amazon, but only during one quarter of 2018. As for Whole Foods benefit, Blue Cash prefers a competitive offer of 6 percent Cash Back on groceries year - round but it also requires a 95 Annual Fee. All things consider, if you re someone who shops a lot on Amazon and / or if Whole Foods is your go - To grocer, it's worth considering one of the Amazon Rewards cards, especially if you re a Prime member. Rewards: 5 percent Back on Amazon and At Whole Foods, 2 percent Back At Restaurants, Gas Stations and qualifying Drug Stores, 1 percent on all other Purchases Annual Fee: 119 Amazon Prime Membership Bonus: 70 Amazon gift Card Variable APR: 15. 74 To 23. 74 percent based on your Credit score How you Redeem points: Redeem for Amazon Credit during check - out or Redeem for Cash Back or gift cards through Chase Notable perks: Visa Signature Luxury Hotel Collection; Travel coverage; No Foreign Transaction Fee don't miss: Here's how to tell which Chase Sapphire Credit Card may be right for you Like this story? Subscribe To CNBC Make It on YouTube!


Amazon Prime Rewards Visa Signature Card *

Though you can redeem your points anytime for eligible purchases at Amazon, you will be able to redeem them for cash until you hit 2 000 points, or 20. This means that you would have to spend 400 at Amazon or Whole Foods in order to be able to cash out. You can also redeem rewards for gift cards and travel rewards. Purchase and balance transfer APRs are average: 14. 24% to 22. 24%, based on your creditworthiness and subject to change. And while there is technically no annual fee associated with this card, you do have to have Amazon Prime membership, which costs 119 a year.S Amazon fee beat out issuers like American Express and some Citibank cards, but is higher than those of Wells Fargo or Bank of America. But at least with Amazon Prime membership, you get free 2 - day shipping and access to Amazon Prime Video, among other benefits. At 119, you have to spend 2 380 on Amazon products or at Whole Foods to earn enough cash back to pay for your Prime subscription. That does, however, factor in the value of free two - day shipping or other prime benefits. It also doesnt factor in spending in other categories that also earn rewards, although at lower rates. So, if youre already subscribing to Prime for other benefits, or you are a devoted and frequent Amazon and Whole Foods customer, this card could be a great deal for you. If not, there are plenty of other cards, including Citi Double Cash Card and Capital One Quicksilver Cash Rewards Credit Card *, that offer high cash back rewards on every purchase without an annual fee. Relate: If youre interested in cash back cards, read our full review of our favorite Cash back Card, Citi Double Cash Card here.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Cons Explained

Relatively Low One - Time Offer: Unlike One - Time offers with most cards, 50 Amazon Gift Cards you receive with this card require no minimum spending, or even purchase of any kind; you receive it upon approval. But it is significantly lower than most such offerseven for no - fee cards, which typically run to at least 150. For example, One - Time Offer with Amex Blue Cash Everyday is 100 after you spend 1 000 within the first six months - but you 'll also earn an additional 20% back on your first 1 000 in Amazon purchases made during your first six months, or that of SavorOne from Capital One 150 after Spending 500 in same period. At least Amazon Rewards Visa Signature bonus does require any minimum spending. Strongest Rewards Require 119 Amazon Prime Membership: additional 2% of purchase value that Amazon Prime Members earn with Amazon Rewards Visa Signature arguably upgrades its Rewards for Amazon and Whole Foods Spending from solid to superb. Additional Savings add to such Prime benefits as free two - day shipping on Amazon purchases, exclusive sales items at Whole Foods, and free video streaming of Amazon Prime content. But if other Prime perks are especially valuable to you, it may be hard to justify the 119 annual cost of Prime Membership through Card Rewards alone. Indeed, you need to spend close to 6 000 on card to earn at least 119 with 2% Amazon - Prime Rewards bonus alone. Naturally, Amazon Rewards Visa Signature best suits regular customers of Amazon. Com or Whole Foods Market who also have Amazon Prime Membership. The additional 2% youll earn as Prime member probably alone justifies 119 Annual Membership. But it is a nice bonus to add to other Prime features, from free fast shipping to video streaming. This Card may also have appeal if no other card in your wallet Offer 2% Rewards on dining, gas, and purchases from Drug Stores. That is quite the likely case, unless you own either premium credit cards for which you pay fee or no - fee cards that are dedicated to those purchases. Also, assuming you lack a premium credit cardand specifically One focus on travelthe, Amazon Rewards Visa Signature offers three key benefits that are relatively rare in no - Fee Card. Cards provide secondary insurance coverage on rental cars and free roadside assistance if you become stranded in your own vehicle. It also lacks foreign - transactions fees, which is a boon when traveling abroad.


Amazon Prime Rewards Visa Signature Card *

Rewards are earned as Amazon Rewards, Amazon - specific currency with a value of one cent per point. There are a variety of ways to redeem Amazon Rewards, but two most lucrative are redeeming your rewards for statement credit and using Shop with Points on Amazon. In both cases, your points will be worth one cent apiece. We recommend redeeming your points as statement credit. To illustrate why that is, let's use an example where you have 5 000 points and are looking to make 90 purchase. If you use your 5 000 Points directly with Amazon, they will take 50 off your purchase, leaving you with a net total of 40. If you pay for that 40 with your Amazon Rewards Visa Card, you earn 3 Amazon Rewards Points per dollar, or 120 Points. If, instead, you pay for the entire 90 with your Amazon Rewards Visa Card, you earn 270 Points. You can still offset 50 of that purchase with 50 statement credit for your 5 000 points, but you have earned over twice the number of points on purchase. It may not make a huge difference, but it is good to get in habit; every point count!

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Rewards Redemption Details

5% Cash Back at Amazon. Com and Whole Foods Market 2% Back at restaurants, gas stations and drugstores 1% Back on all other purchases. There are a number of no - annual - fee cards that offer more valuable Rewards on non - bonus spending, including: Citi Double Cash Card: 2% Cash Back on all purchases Chase Freedom Unlimited: 1. 5% Cash Back on purchases Blue Business Plus Credit Card from American Express: 2x Amex Points on first 50 000 spent on Card annually; then 1x information for Chase Freedom Unlimited has been collected independently by Points Guy. Card details on this page have not been reviewed or provided by the card issuer. But no card can top the Prime Rewards bonus on spending at Amazon. Com. Youll pay no annual fee to own a card, but you must maintain Prime membership to be eligible. Membership costs 119 annually. On plus side, new cardmembers receive 70 Amazon. Com gift Card instantly upon approval. Related to reading: Is Amazon Prime Rewards Card worth it? Editorial Disclaimer: Opinions Express here are authors alone, not those of any bank, Credit Card issuer, airlines or hotel chain, and have not been review, approved or otherwise endorse by any of these entities.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Cardholder Experience

This Card is perfect for regular Amazon and Whole Foods shoppers who dont have Amazon Prime membership, or do want to buy one for 119 year.S Youll earn extra cash back on purchases from Amazon. Com, Whole Foods Market, restaurants, drug stores, and gas stationsfor no annual fee. While travel buffs would be better off with a Travel Rewards Card, this is not a bad card to take with you on a trip. It provides a variety of travel insurance and assistance products, and charges no foreign transaction fees. If you do have Prime membership, you want an Amazon Prime Rewards Visa Signature Card. Bonus for new cardholders is 70 and you earn more cash back at Amazon and Whole Foods Market. That card also has no annual fee.


Amazon Rewards Visa Signature One-Time Offer

Let now consider families that spend more than average at Amazon and Whole Foods and also use cards more widely. Take, for example, non - Prime household that spends double the average at Amazon 100 month, for 1 200 annual totaland spends twice what our regular family does at Whole Foodsfor total in groceries of 4 600 year. That spending would yield 170 years in rewards. Then add use of card for the average amount of restaurant spending, which was 3 459 for all food away from home in 2018. At a reward rate of 2%, those dining expenditures would earn about 69. Adding average spending of 2 109 on gas to mix, at the same 2% rate, adds an extra 42 or so to total rewards. Grand total in rewards would be 170 plus 42: 212. And if our family were a Prime household? Theyd earn an extra 2% in rewards on Amazon / Whole Foods total spending of 5 800, which would contribute an additional 116 in rewards. Grand total: 328. That is a large sum indeed, especially for a card with no annual fee.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Our Verdict

This content is not provided or commissioned by any issuer. Opinions Express here are authors alone, not those of issuer, and have not been review, approved or otherwise endorse by issuer. Verdict: Amazon. Com Credit Card figures to become increasingly popular, not to mention more valuable, as Amazon. Com strives to canopy the farthest reaches of digital - age commerce. For starters, Amazon Points are basically as good as cash since they can be redeemed for anything on site - which, as we all know, is pretty much anything. One point is worth a penny, and 10 000 points can be used to buy an item priced at 100. Three Points per dollar spent on Amazon. Com orders and Whole Foods Market that you get with this Card can therefore be thought of as 3% cash back. By that logic, youll also earn 2% cash back at Gas Stations, Restaurants and Drug Stores as well as 1% everywhere else. Add 50 Gift Card initial bonus to mix and subtract annual fee, and it is pretty clear that Amazon. The Com Credit Card is a must - have for online shoppers. The offer is not without flaws, however, and perhaps the biggest shortcoming is that its 1% base earning rate represents only the market average for Rewards Credit cards.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Sources

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

logo

Plex.page is an Online Knowledge, where all the summaries are written by a machine. We aim to collect all the knowledge the World Wide Web has to offer.

Partners:
Nvidia inception logo

© All rights reserved
2021 made by Algoritmi Vision Inc.

If you believe that any of the summaries on our website lead to misinformation, don't hesitate to contact us. We will immediately review it and remove the summaries if necessary.

If your domain is listed as one of the sources on any summary, you can consider participating in the "Online Knowledge" program, if you want to proceed, please follow these instructions to apply.
However, if you still want us to remove all links leading to your domain from Plex.page and never use your website as a source, please follow these instructions.