There Are Other Amazon Credit Cards Out There
The Amazon Prime Rewards Visa Signature Card isnt the only Amazon card there are several choices you can consider.
- Amazon.com Store Card
- Amazon Rewards Visa Signature Card
- Amazon Prime Rewards Visa Signature Card
You can only use the two store cards on Amazon.com.
The other Amazon Visa card is similar to the Amazon Prime Rewards Visa Signature Card in that you can use it elsewhere, but it doesnt require an Amazon Prime membership. It also only gives you 3% back at Amazon.com and Whole Foods.
Also, know that youll be considered only for the card you apply for, so be sure to apply directly for the Amazon Prime Rewards Visa Signature Card if thats the card you want.
Amazon Prime Credit Card Frequently Asked Questions
To qualify for the Amazon Prime Rewards Visa Signature Card, you’ll typically need a credit score in the good or excellent range that is, a FICO score of at least 670, or a VantageScore of at least 700.
If your score isn’t quite there yet, be sure to check out our guide to the best credit cards for fair or average credit for other options.
If you’re a big Amazon shopper, the 5% cash back earning rate on the Amazon Prime Rewards Visa Signature Card is hard to beat. Plus, you’ll earn a respectable 2% cash back at restaurants, gas stations, and drugstores so if these categories line up with your usual spending habits, it’s an even better deal.
Suppose you spend $5,000 on Amazon purchases a year by using the Amazon Prime Rewards Visa Signature Card to earn 5% cash back on Amazon spending, you’d put an extra $250 back in your pocket annually.
That said, if Amazon is one of several online merchants you frequent, you might do better overall with a different . Be sure to compare the benefits you’ll receive with the Amazon Prime Rewards Visa Signature Card to those of other cards as well not many no-annual-fee cash back cards come with as broad a range of perks as the Amazon Prime Rewards Visa Signature Card.
Yes, you’ll need an eligible Prime membership to open the Amazon Prime Rewards Visa Signature Card, and your membership must stay active to earn 5% back at Amazon and Whole Foods .
Is The Amazon Prime Visa Card Worth It
The 5% rewards rate on Amazon purchases and the $70 gift card you get once approved are both great rewards that are tough to beat by any other offer currently on the market. Keep in mind that its probably not worth it for you to sign up for Amazon Prime just to get the Amazon Prime Rewards Visa Signature Card.
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How To Pay An Amazon Credit Card
To complete your payment for your or Amazon Rewards Visa Signature, follow these steps:
If you have not set up an online Chase account yet, go to . If you have already set it up, sign in to your online Chase account.
1. Scroll down to locate your Amazon Visa Card and click Pay credit card.
2. Select Statement Balance, Current Balance, Minimum Due or specify another amount youd like to pay. Then, click Next.
3. Verify that the payment information is correct and click Schedule Payment.
To complete your payment for your Amazon Store Card or your Amazon Secured Card, follow these steps.
1. Sign in to your Synchrony Bank account at or link your Amazon and Synchrony accounts at to navigate directly to Synchrony from the Amazon site.
2. Hover over Payments at the top of the page, and then scroll down and click Make a Payment.
3. Select Minimum Payment, Statement Balance , Current Balance or Other.
4. Enter your banks routing number and checking account information in the requested fields and confirm your banking information.
5.Verify that the information is correct and click Make a Payment.
The Amazon Prime Rewards Visa Signature Card Vs The Capital One Walmart Rewards Card
Ultimately, whether the Amazon Prime Rewards card or the Capital One® Walmart Rewards® Card is the better choice depends on which retailer you shop with online more. They have comparable reward programs, except the Amazon card offers 2 percent rewards at drugstores while the Walmart card offers 2 percent cash back on travel. While the Walmart cards travel category would likely have more rewards potential, its gas category only covers Walmart and Murphy USA gas stations while the Amazon cards gas category is much more flexible.
You may be able to get more first-year value from the Walmart card since its 12-month 5 percent cash back rate on in-store purchases when using Walmart Pay only takes spending over $2,000 that year to eclipse the Amazon cards $100 bonus gift card. However, factors like richer benefits, a lower ongoing APR and a more popular online shopping platform could make the Amazon Prime Rewards card a slightly better option overall.
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Frankie Solomon Wallethub Analyst
@frankie.solo07/09/21 This answer was first published on 11/07/18 and it was last updated on 07/09/21.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
Yes, you can get the with no credit. This card is designed as a credit building tool with a $0 annual fee that also accepts applicants with bad credit and reports payment history to major credit bureaus. It requires a refundable security deposit of $100, at a minimum, which will determine your credit limit.
If, on the other hand, you had your sights on the or , you wont be able to get these with no credit. The Amazon.com Credit Card requires a credit score of 700, at a minimum. That means you need good credit or better for approval. And the Amazon.com Store Card requires a credit score of 640, at a minimum. So youll need fair credit or better for approval. While the credit score is important, the decision to approve will also be weighed alongside other factors such as such as income, debt level, and your overall ability to make credit card payments.
Amazon Prime Rewards Visa Signature Card Review : No Annual Fee
Last updated Sept. 4, 2022| By Kevin Payne
FinanceBuzz is reader-supported. We may receive compensation from the products and services mentioned in this story, but the opinions are the author’s own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.
There are few retailers that can compete with Amazon today, and if the number of blue Prime vans that drive past my house daily is any indicator, the company continues to grow and expand. But Amazon doesnt have to be the only one rewarded.
The Amazon Prime Rewards Visa Signature Card offers extended rewards earning at Amazon.com and Whole Foods Market, along with valuable rewards in other spending categories. And although this card has a $0 annual fee, it does come with a cost you might not expect.
In this Amazon Prime Rewards Visa Signature Card review, well discuss who should get this card, what it offers, and whether it deserves a spot in your wallet.
Earn Easy Cash Back at Amazon.com
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Amazon Prime Visa Card Rewards Potential
To determine the rewards potential of the Amazon Prime Rewards Visa Signature Card we have to look at the bonus categories and calculate what the average American household might spend in those areas. Forbes Advisor uses data from various government agencies in order to determine both baseline income and spending averages across various categories. The 70th percentile of wage-earning households bring in $107,908 annually and we base spending on that number.
Forbes Advisor estimates that a household spends $10,932 on groceries and online shopping, which results in $546.60 in annual cash back. This assumes you do all of your grocery shopping at Whole Foods, which may not be the case for everyone. The $8,405 our sample household spends at gas stations, restaurants and drugstores would translate to $168.10 in annual cash back, and $12,735 of other purchases that could reasonably be charged to your Amazon Prime Rewards Visa Signature Card* would earn $127.35 cash back.
This means that the card would earn a total of $842.05 per year in addition to the welcome bonus.
Amazon Prime Rewards Visa Signature Card Benefits And Perks
- Generous sign-up offer: Youll automatically receive a $100 Amazon gift card upon approval for the Amazon Prime Rewards Visa Signature Card, redeemable for millions of items on Amazon.com.
- No annual fee: The Amazon Prime Rewards Visa Signature Card has a $0 annual fee.
- Lucrative rewards: With this card, you can earn 5% cash back at Amazon.com and Whole Foods Market 2% at restaurants, gas stations, and drugstores 1% on all other purchases. Its rare to find a no-fee credit card that offers such high rewards earning rates as this Amazon co-branded card.
- No foreign transaction fees: Amazon purchases arent the only thing this card is good for. Its also the perfect travel companion cardholders pay no foreign transaction fees on international purchases.
- Travel perks: Travel stress-free thanks to travel accident and baggage delay insurance, and lost luggage reimbursement offered through the Chase credit card.
- Extended warranties: Extend the warranty period by a year on eligible purchases with the Amazon Prime Rewards Visa Signature Card.
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How Do I Find My Amazon Credit Card Number
You can manage your Amazon Prime Rewards Visa Card or Amazon Rewards Visa Card account online with Chase by logging in at Chase. Your full credit card number can be found on the front of the hard plastic or metal card that is mailed to you within 7 to 10 business days after approval. If you dont have your full credit card number, please call Chase. For bank contact information, see Customer Service for Financial Institutions.
To access and manage your online Amazon Store Card or Amazon Secured Card account, visit Synchrony Bank.To create an account, youll need your full credit card number, which can be found on the front of the hard plastic card that is mailed to you within 7 to 10 business days after approval. If you dont have your full credit card number, please call Synchrony Bank. For bank contact information, see Customer Service for Financial Institutions.
What Is Amazon Prime Store Card
Amazon Prime Store Card is a credit card that offers prime members exclusive benefits. First, it offers 5% back on eligible purchases. In addition, the card has no annual fees and comes with a 0% introductory APRfor 12 months.
The Amazon Prime Store Card may be the right option if you’re looking for a credit card that offers excellent benefits and easy access to your favorite online retailer.
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How To Get The Amazoncom Credit Card Or The Amazoncom Store Card With No Credit
If the Amazon.com Secured Credit Card is not what you were hoping for, you will have to start building your credit to have access to the Amazon.com Store Card or the Amazon.com Credit Card. You can open a and make sure to keep your account in good standing by paying your bills on time and preferably in full. Secured credit cards will be the closest thing you can get to guaranteed approval. Also, youll want to to keep your below 30%. You can also become an on someone elses credit card account. But be aware that any irresponsible use of the account will reflect on your credit report.
You can also check out WalletHubs guide on how to build credit. After several months of responsible use of credit, review your and if you have fair credit or better, consider applying for the Amazon.com Store Card. Further down the road, when you reach good credit or better, youll also have a shot at Amazon.com Credit Card.
The credit score requirement is 700 or better. That means people with at least good credit have a shot at getting approved for this card. The one the other hand requires a 640+ credit score .
Other things you need for the Amazon.com Credit Card:
Since all these criteria are taken into consideration, you might be able to get approved with a slightly lower credit score. But its best to wait to apply until you meet the Amazon.com Credit Card credit score requirement. You can check your credit score for free on WalletHub.
No Annual Fee Sort Of
Technically, the Amazon Prime Rewards Visa Signature Card doesnt have an annual fee, which is a good thing for cardholders who want to save money. But theres a catch: You must be an Amazon Prime member to apply for the card, and that costs $119 per year for a nonstudent membership.
Of course, that $119 goes toward more than just maintaining your card each year. Amazon Prime benefits include free shipping, Prime Video and additional savings at Whole Foods Market, along with a long list of other perks.
If youre already an Amazon Prime member, then the cost isnt a concern. But if youre considering signing up just so that you can apply for the card, think about the cost carefully youd have to spend more than $2,380 at Amazon.com or Whole Foods each year to offset the $119 annual Prime membership fee. A different cash back card with a lower annual fee might make more sense .
Cardholders who cancel their Amazon Prime membership can keep the Amazon Prime Rewards Visa Signature Card, but they earn 3% back, instead of 5%, on Amazon.com and Whole Foods purchases.
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Why Should I Check My Credit Score And Credit Report
It will help you to ensure that your credit score and credit report is accurate and up to date. This will allow you to check the likelihood of being accepted for credit in the future.
Another reason for you to check your credit score is to know if it dips, or if credit agencies have made an error while calculating your score. This will help you make timely amends.
If You Count Yourself As A Loyal Amazon Customer You Might Be Able To Earn A Nice Chunk Of Your Spending Back Or Even Finance Your Purchases With One Of The Amazon Credit Cards
There are four to choose from, so how do you pick which one is right for you? Here are a few questions to ask.
- What type of Amazon shopper are you ?
- Do you want the option to finance a large Amazon purchase or not? Well guide you through your four choices in this Amazon credit card review so that you can make the best decision for yourself.
- Are you a frequent Whole Foods shopper? As of October 2020, eligible Prime members will earn 5% back on Whole Foods Market purchases when using the Amazon Prime Rewards Visa Signature Card. Cardholders who arent eligible Prime members will now earn 3% back on Whole Foods Market purchases when using the Amazon Rewards Visa Signature Card.
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How To Use The Amazon Prime Rewards Visa Signature Card
To make the most of the Amazon Prime Rewards Visa Signature Card, youll want to add it as the default form of payment to your Amazon.com account right away. Youll have the $150 gift card earned upon opening your account in there already, and you can begin earning 5% back on all your Amazon.com purchases without any limits. It can also occasionally earn you up to 20% back on rotating categories and products.
Really maximizing that 5% category may require changing your shopping habits to ensure you purchase more of your regular budget items with the online marketplace or at your local Whole Foods. Consider setting up automatic shipments of toilet paper or diapers, for example, or trying out Amazons grocery delivery service.
In the meantime, you can also boost rewards by using the card for your purchases in 2% cash back categories: restaurants, gas stations, and drugstores. If you have another card that earns a higher rewards rate in these common everyday categories though, you may find more value in reserving this card solely for Amazon.com and Whole Foods purchases.
What Is The Amazon Prime Rewards Visa Signature Card
The Amazon Prime Rewards Signature Visa Card is one of Amazons co-branded credit cards. It offers rewards like 5% cashback on purchases made on Amazon and at Whole Foods. You must have a Prime membership to be eligible for a Prime Rewards Signature Visa. There is no annual fee and no foreign transaction fees.
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What About The Starting Credit Line
Being approved for the Amazon Visa is one thing, but getting a credit line big enough to actually make it useful is another. In general, the lower your credit score, the lower your starting credit line is going to be. Someone with a lower score could start out with a credit line of only $500 while a well-established cardholder with a high credit score and lengthy history of handling credit well could easily get a $5000 credit line or even more.
Main Benefits And Perks
The Amazon Prime card features several solid consumer-focused benefits.
Among them, its purchase protection ranges up to $500 per claim and $50,000 per account, while its extended warranty protection provides an additional year of coverage on eligible purchases with a manufacturers warranty of three years or less.
The card also has a host of benefits for travelers, including no foreign transaction fees, travel and emergency service, lost luggage reimbursement , baggage delay insurance , travel accident insurance and roadside dispatch .
It also includes auto rental collision damage coverage although unlike credit cards such as the Chase Sapphire Preferred Card, which offer primary rental car coverage, this card only offers secondary car insurance, which kicks in after filing with your personal insurance company.
These benefits come as a result of its Visa Signature status, which also provides access to the Visa Luxury Hotel Collection. This allows members to book more than 900 hotels around the world with perks that imitate elite status, such as room upgrades and late checkout. Youll also be able to use the Visa Signature Concierge Service, which can help you with a variety of requests.
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