Many people, maybe even you, get excited about Prime Day. They constantly refresh the Amazon homepage, quickly filling their shopping carts.
If you want to know more about this card, this guide is for you.
Upgrade your shopping game with the Amazon Prime Rewards Visa Signature Card.
Amazon Prime Rewards Visa Signature Card Overview
The Amazon Prime Rewards Visa Signature Card is ideal for frequent Amazon shoppers. You get 1% cash back on all purchases and 2% at restaurants.
You get 3% cash back on Amazon shopping. There’s no annual fee, so there’s no downside. This card is great for those new to credit cards and points, offering low risks and solid rewards.
You also get a $100 Amazon gift card instantly upon approval, which you can use immediately.
Beyond the Basics
Balance transfer intro APR ranges between 19.24% and 27.24%. The APR is 25.24% for cash advances, adjusted according to the Prime rate.
Loan APR is between 19.24% and 27.24%. There are no foreign transaction fees, making it ideal for international use.
Penalties and Credit Requirements
Late payment fees can be up to $39, and the penalty APR tops out at 27.24%. A credit score of 670 or higher is needed to qualify. Other offers include:
- Travel accident insurance: Up to $500,000 coverage for accidental death and dismemberment when using your card.
- Lost luggage reimbursement: Up to $3,000 per passenger if an airline loses or damages luggage.
- Baggage delay insurance: Up to $100 per day for 3 days if luggage is delayed 6 hours or more, covering toiletries and clothing.
- Travel emergency assistance: Legal or medical referrals while traveling.
- Zero fraud liability: Not responsible for unauthorized purchases on your account.
- Auto rental collision damage waiver: Decline rental company’s collision insurance; coverage included for theft and collision damage for most rentals in the U.S. and abroad.
- Roadside dispatch: Call 1-800-847-2869 for roadside issues. Service fees will be quoted and charged to your card.
- Extended warranty protection: An additional year of warranty on eligible manufacturer warranties of three years or less.
- Purchase protection: New purchases are covered against damage or theft for 120 days up to $500 per claim and $50,000 per account.
- Visa Signature Luxury Hotel Collection and Concierge Service: Best available rate, automatic room upgrades, complimentary Wi-Fi, and 24-hour access to Visa Concierge Service.
What You’ll Like About This Card
The Amazon Prime Rewards Visa Signature Credit Card stands out with its cash-back rewards, versatile spending categories, and valuable benefits.
It’s a top choice for frequent Amazon shoppers, food enthusiasts, and travelers.
Generous Cash Back Rewards
This card offers 5% cash back on eligible purchases at Amazon.com and Whole Foods Market. It’s ideal for frequent Amazon shoppers and those who prioritize organic, high-quality groceries.
Competitive Rewards on Dining and Entertainment
Earn 2% cash back at restaurants, gas stations, and local transit. Get 1% cash back on eligible purchases, making it versatile for everyday expenses.
Visa Signature Benefits
Enjoy extended warranty protection, auto rental collision damage waiver, and 24/7 concierge service. These perks enhance your cardholder experience with added security and convenience.
Introductory Bonus and Promotions
New cardholders often receive an enticing introductory bonus. Amazon also runs promotions and discounts for card members, providing more savings opportunities.
Seamless Amazon Integration
Easily apply cash-back rewards to Amazon purchases at checkout. This hassle-free feature maximizes the value of your rewards.
Variety of Redemption Options
Redeem rewards at Amazon.com or through Chase.com for cash back, gift cards, or travel.
Drawbacks and Considerations
Here are the key drawbacks and considerations for the Amazon Prime Rewards Visa Signature Credit Card:
Must-Have Prime Membership
The card doesn’t have an annual fee, but you need an eligible Prime membership, which costs $139 per year, to enjoy the rewards and benefits.
High APR for Balance Transfers and Cash Advances
The card has a high Annual Percentage Rate (APR) for balance transfers and cash advances.
If you often carry a balance or use cash advances, the interest charges can add up quickly, reducing the value of the cash-back rewards.
Focused Rewards Categories
The card offers 5% cash back at Amazon.com and Whole Foods Market.
However, if you spend a lot in other categories, such as travel or other retail sectors, other credit cards might offer better rewards.
Credit Score Requirement
This card is for those with good to excellent credit scores. If your credit history isn’t strong, you might not qualify. Check your credit score first to avoid disappointment.
Foreign Transaction Fees for Non-Members
The card is marketed as travel-friendly because it does not charge foreign transaction fees, but this benefit is only for active Amazon Prime members.
Non-Prime members may still face foreign transaction fees.
How to Order the Prime Rewards Visa Signature Card
Here’s how to order the Amazon Prime Rewards Visa Signature Credit Card:
- Visit Amazon’s Credit Card Page: Go to the Amazon Prime Rewards Visa Signature Card page on Amazon’s website.
- Click Apply Now: Click the “Apply Now” button to start the application process.
- Sign In to Your Amazon Account: Log in with your Amazon credentials. If you don’t have an account, create one.
- Complete the Application Form: Please fill in your personal information, including your name, address, and social security number, making sure all information is accurate.
- Review Terms and Conditions: Read the terms and conditions carefully. They include information on interest rates, fees, and rewards.
- Submit Your Application: After reviewing, submit your application. In most cases, you’ll receive an instant decision.
- Receive Your Card: If approved, you’ll get your Amazon Prime Rewards Visa Signature Card by mail. Use it for your purchases and start earning rewards.
Is This Card Right for You?
Deciding if this card suits you depends on your spending habits and financial goals. The Amazon Prime Rewards Visa Signature Credit Card has unique benefits but isn’t for everyone. Here are key points to consider:
- Evaluate Amazon and Whole Foods Spending: This card offers 5% cash back at Amazon.com and Whole Foods Market. If you often shop at these places, the rewards can be very beneficial.
- Consider Overall Spending Categories: Check your monthly spending. This card gives 2% cash back on dining, gas, and drugstore purchases. If you spend a lot in these areas, it might be a good fit.
- Assess the Value of Your Prime Membership: You need an active Amazon Prime membership. Weigh Prime’s benefits, like free shipping and Prime Video, against its annual fee. If you already use these services, it could be worth it.
- Determine Travel Needs: The card has no foreign transaction fees, a plus if you travel internationally often. If not, this might not be a deciding factor.
- Check Your Credit Score: This card is for those with good to excellent credit. Ensure your score meets the requirements. If not, look for other cards that match your financial profile.
Contact for Inquiries
Contact Chase Bank about the Amazon Prime Rewards Visa Signature Card at (888) 247-4080 in the US or 302-594-8200 internationally.
Make payments or manage your card for free through the automated phone system or a customer service rep at these numbers.
Check your Amazon Prime Visa card balance by:
- Signing into your account online
- Using the Chase Mobile app
- Calling (888) 247-4080 to speak with a rep
For roadside issues, call 1-800-847-2869.
Conclusion
The Amazon Prime Rewards Visa Signature Card offers substantial benefits for frequent Amazon shoppers. Always review the terms to ensure they align with your spending habits and financial goals.
Disclaimer: Terms and conditions apply, and rewards may vary; check with Chase Bank for the most current information
Also read: Learn How to Apply for a Walmart Credit Card