Amazon always gives deals on virtually everything on their platform; from electronics to books. If you want to save even more on this platform, you can consider opening an Amazon Store Card account.
This card offers multiple benefits, including special promotional financing on eligible Amazon purchases. If you already have an Amazon Prime subscription, you are upgraded to Amazon Prime Store Card, which has a cashback of 5$ on purchases you make on the Amazon platform. But we will touch on this later on.
Keep reading our brief guide to know more about an Amazon Store Card or an Amazon Prime Card and whether or not it suits you.
About Amazon Store Card
Amazon Store card can be termed as a credit card that is designed to be used on the Amazon platform, and at designated merchants who accept the card as a form of payment.
This card is helpful for people who frequently purchase items on Amazon. You can use this card to make Amazon purchases. What’s more, it has no-interest financing for big-ticket products.
To get this card, you need to have an active Amazon Prime subscription. Keep in mind that this card can be used to make purchases exclusively on the Amazon platform.
Therefore, if you already have a Prime account, why not enroll in Amazon Store Card or even upgrade to Amazon Prime Store card to take advantage of the interest-free financing for big-ticket products.
The basic version of this card is the Amazon Store Card. However, if you have a Prime membership, you can upgrade to Amazon Prime Store Card. Both cards are almost identical, with the only big difference being that Amazon Prime Card earns 5% cash back on purchases where you don’t take special financing offers.
Rewards to Expect
For cardholders with Amazon Prime membership, this card offers 5% cashback on all Amazon purchases if you decline promotional special financing offers.
Benefits of Amazon Store Card
· Amazon Prime members get 5% cashback on all purchases made on Amazon when they decline special financing offers
· You also get special deferred financing plans for qualifying high-ticket products
· This card has no direct annual fee
· You can qualify for this credit card even when you have a less-than-impressive credit rating
Final Thoughts: Should You Get It?
The Amazon Store Card could be a great option if you often shop on Amazon and want to save on your purchases. You can earn enough to pay off some of your purchases over time.
The 5% cashback is a commendable reward rate for Amazon, especially because you will not find many cards that list Amazon as a bonus category.
Also, the fact that you can enjoy special financing on qualifying big-ticket purchases when this card makes it great for people who want to pay over time.
Apply for it today!
Amazon Prime Rewards Visa Signature Card- Is It Worth It?
The Amazon Rewards Visa Signature is an easier way to save on Amazon purchases. For those looking for a cashback credit card, this is a great option for Amazon.
The card comes with a generous Amazon gift card once it gets approved- welcome bonus. This is the easiest bonus you can earn.
Here are more details about this card’s reward benefits and reward structure to help you decide whether or not the card is a fit for your wallet.
What Is Amazon Prime Rewards Visa Signature Card?
Amazon Prime Card is a cashback credit card that is exclusively accessible to Amazon Prime members. Designed to fit regular Amazon, Amazon-Fresh, and Whole Foods Market grocery store shoppers, this card offers up to 5% cashback on all the purchases you make on Amazon as well as 2% cashback on other purchases you make on indicated categories. The Amazon Prime Rewards Visa Signature, which is backed by Chase, requires you to have Prime membership but has some reasonable fees.
The easiest way to redeem your rewards cashback is to get instant discounts on purchases you make on Amazon. And since there is an expansive list of additional cashback redemption options offered by Chase, you can redeem your rewards for cash equivalents such as travel expense reimbursement, statement credits, gift cards, and merchandise.
How to Earn Rewards
The Amazon Prime Rewards Visa Signature offers a very simple way of earning rewards. Every time you use this card on Amazon and Whole Foods, you will earn a 5% cashback as reward. Using this card at gas stations, drugstores, and restaurants earns you a 2% cashback. Every other time you make a purchase using this card earns you 1% cashback.
As you can see, the best way to earn rewards using this card is to use it on Amazon and Whole Foods as it earns you generous rewards. There are other cards with better bonuses on gas stations, drugstores, and restaurants you can use.
How to Redeem Rewards
Redeeming the rewards you have earned using this card is easy. Each point is equivalent to one cent irrespective of how you redeem them. If you choose to redeem points for purchases on Amazon, you can redeem without any restrictions.
If you want to redeem them for an electronic deposit to your bank account, you need to earn 2,000 points (earned after spending $400).
You can also redeem your rewards for travel or gift cards. Travel redemptions are done via phone and booked via Chase’s travel agency. Gift card redemptions call for a minimum of 2,500 points.
Benefits to Expect
· Up to 5% cashback on purchases made on Amazon and Whole Foods
· 2% cashback on purchases made on indicated categories, which span from restaurants and drugstores to gas stations
· Sign-up bonus that is applied immediately after your card approval
· Easy redemption processes
· No foreign transaction fee for people who frequently go outside the U.S.
· No direct annual fee
Final Thoughts: Is Amazon Prime Card Worth It?
The Amazon Prime Rewards Visa Signature Card has only one job- to reward loyal members of Amazon Prime subscription. This card offers amazing rewards, especially for people who like shopping on Amazon and Whole Foods.
If you are a heavy Amazon shopper, this card may be well worth your subscription to Prime Membership.
Yep, with every order, you can earn 5% cashback which is a huge bonus, from our experience it adds up fast.
To apply click on the preferred card: