The Amazon Visa Card, often known as the Amazon Prime Rewards Visa Signature Card, is a co-branded credit card offered by Amazon and Chase. This card provides a multitude of rewards and benefits for cardholders who frequently shop on Amazon or at Whole Foods. In this comprehensive guide, we’ll delve into the details of what this card offers, how to apply, and how it compares to other credit cards in the market.
The Amazon Visa Card, also known as the Amazon Prime Rewards Visa Signature Card, is a co-branded credit card provided by Amazon and Chase. It offers cardholders rewards for purchases made on Amazon and at Whole Foods, with additional cash back on purchases at restaurants, gas stations, and drugstores, among others. There are two types: one for Amazon Prime members, which offers higher rewards, and one for non-Prime members. The card has no annual fee and no foreign transaction fees.
Types of Amazon Visa Cards
There are two main types of Amazon Visa Cards: the Amazon Prime Rewards Visa Signature Card and the Amazon Rewards Visa Signature Card.
The Amazon Prime Rewards Visa Signature Card is available only to Amazon Prime members. It offers 5% cash back on purchases made on Amazon and at Whole Foods, 2% back at restaurants, gas stations, drugstores, and local transit and commuting, and 1% back on all other purchases. Cardholders can also earn 10% back or more on select products and categories on Amazon.com.
The Amazon Rewards Visa Signature Card is an alternative for those who don’t have a Prime membership but still want the benefits of an Amazon Visa credit card. This card offers 3% cash back on Amazon and Whole Foods purchases, 2% back at restaurants, gas stations, drugstores, and local transit and commuting, and 1% back on all other purchases.
Both cards have no annual fee and no foreign transaction fees. To be considered for either of these cards, you must have a good credit score of at least 670. The approval process for these cards is administered by Chase Bank.
Applying for an Amazon Visa Card
Applying for an Amazon Visa Card is a simple process. First, log into your Amazon account or create one if you don’t have one already. Visit the Amazon Rewards Visa Card page or the Chase website and choose the card that fits your needs. Fill out the application form with the required personal and financial information and submit your application. If approved, the Amazon Gift Card will be loaded into your Amazon.com account.
Amazon Visa Card vs. Other Credit Cards
Compared to other similar credit cards in the market, the Amazon Visa Card offers competitive rewards for Amazon and Whole Foods shoppers. However, if you rarely shop at these retailers, you might benefit more from a card that rewards you where you shop the most. For instance, the Citi Double Cash Card offers 2% cashback on all purchases, making it a more flexible option for those who don’t primarily shop at Amazon or Whole Foods.
Maximizing the Benefits of Amazon Visa Card
To get the most out of your Amazon Visa Card, use it for all Amazon and Whole Foods purchases to earn the maximum cashback. Also, take advantage of the 2% cashback at restaurants, gas stations, and on local transit and commuting expenses. Regularly monitor the limited-time offers and rotating categories on Amazon.com to earn additional rewards. Remember to keep your account in good standing to prevent your rewards points from expiring.
In summary, the Amazon Visa Card is an excellent choice for frequent Amazon and Whole Foods shoppers, offering high rewards rates and various additional benefits. However, if you don’t shop at these retailers often, you might find better value in a more general rewards credit card.
Frequently Asked Questions
What is the credit limit on the Amazon Visa Card?
The credit limit on the Amazon Visa Card is determined by Chase Bank based on your creditworthiness. It can vary greatly from one cardholder to another.
Can I use the Amazon Visa Card anywhere, or just on Amazon and Whole Foods?
Yes, you can use the Amazon Visa Card anywhere that Visa is accepted, not just on Amazon and at Whole Foods. However, to maximize your rewards, it’s best to use it for purchases on Amazon and at Whole Foods.
How do I redeem the rewards earned on the Amazon Visa Card?
The rewards earned on the Amazon Visa Card can be redeemed directly on Amazon.com during the checkout process. You can also redeem them for cash back, gift cards, and travel through the Chase rewards portal.
Does the Amazon Visa Card offer any sign-up bonus?
Yes, new Amazon Visa Cardholders typically receive a welcome bonus in the form of an Amazon gift card. The value of the gift card may vary.
How can I pay my Amazon Visa Card bill?
You can pay your Amazon Visa Card bill online through the Chase website, by mail, or by phone. You can also set up automatic payments.
