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If you’re looking to earn more on online purchases, the Amazon credit card is the right card for you. It offers a high percentage of cashback on the world’s largest e-commerce platform.
It’s important to note that Amazon offers not just one, but a variety of cards, issued by partners such as Chase, American Express, and Synchrony Bank. This variety is important to know which Amazon credit card best suits your profile.
In this guide, we will provide an objective and direct analysis of each Amazon credit card, detailing fees, travel benefits, zero-interest options, and approval bonuses. So, if you want to know which card guarantees the highest return and the best financing for your purchases, keep reading to discover the perfect option for you.
Amazon Credit Card Options for Consumers and Businesses
Offers different types of cards to meet the diverse needs of customers.
It is essential to understand who issues each card and for which type of customer it is intended. As this defines the benefits and rules.
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The main Amazon credit card options include general-purpose cards, store cards, and business cards. Let’s look at each of them.
Prime Visa
The Prime Visa is the primary Amazon credit card for Amazon Prime members.
It is a general-purpose Visa credit card. Therefore, it works in millions of establishments worldwide, not just on Amazon.
The main reward of this card is a generous 5% back on purchases at Amazon.com, Amazon Fresh, Whole Foods Market. And also on bookings made through Chase Travel.
To further increase earning potential. Prime members get 10% or more back in rotating product categories through the Prime Card Bonus.
Outside of Amazon, the card offers 2% back at gas stations, restaurants, and transportation (including rideshare), and 1% back on all other purchases.
In terms of fees, the card has US$0 annual fee and Zero International Fee, making it excellent for travelers.
As a welcome bonus, it grants a US$150 Amazon gift card immediately after approval.
In addition to points, the Prime Visa includes protections such as extended warranty (adding 1 year to existing warranties). Purchase protection for 120 days, and travel insurance (baggage delay and loss, rental car collision coverage).
Furthermore, on eligible purchases over US$50 on Amazon, it is possible to use zero-interest financing in 6 or 12 installments.
The APR (Annual Percentage Rate) for revolving balances is variable, ranging from 19.24% to 27.99% per year.
Amazon Visa
The Amazon Visa is the alternative for customers who are not Prime members. It is issued by Chase and, like the Prime version, is a Visa credit card for use anywhere in the world.
Its main reward is 3% back on purchases at Amazon.com, Amazon Fresh, Whole Foods Market, and on the Chase Travel website.
Additional rewards follow the same pattern as the Prime version:
- 2% back at gas stations, restaurants, and transportation;
- 1% back on all other purchases.
The main advantage of this Amazon credit card is maintaining the US$0 annual fee and Zero International Fee without requiring a Prime subscription.
The APR is variable, typically between 19% and 28% per year. Therefore, it is an excellent Amazon credit card if you shop on the platform but do not need a Prime subscription.
Amazon Prime Store Card
Unlike Visa cards, the Amazon Prime Store Card is a store card issued by Synchrony Bank.
Initially, it can only be used for purchases on Amazon.com.
However, for Prime members, it offers the same reward of 5% back on all eligible purchases on Amazon.com, with no annual fee.
Furthermore, you will receive a US$60 Amazon gift card upon approval.
The attraction of this Amazon credit card is the flexibility of interest-free installments. This is because it allows you to pay for purchases in 6, 12, or even 24 months with 0% interest through equal financing.
Amazon Secured Card
The Amazon Secured Card is a card designed to help consumers build or rebuild their credit history.
To obtain it, it is necessary to make a flexible security deposit, which can range between US$100 and US$1,000. And this amount becomes your credit limit.
Furthermore, the card stands out in the secured card segment for its Fixed APR of 10.00%. Considerably lower than the average, and charges a low late fee, limited to US$5.
Even as a secured card, it offers benefits. Firstly, for Prime members, the card guarantees 2% back on purchases at Amazon.com and Whole Foods Market, and has a US$0 annual fee.
Responsible use and timely payments are reported to the three major credit bureaus.
After 12 months of good history, the cardholder can request an upgrade to the Prime Store Card, an unsecured card, and receive a refund of the security deposit.
Amazon Business Prime American Express Card
Designed for businesses with an Amazon Business Prime American Express subscription, this credit card offers a strategic choice with every purchase.
Thus, the customer can opt for a high cashback of 5% back or a 90-day interest-free period on purchases made at Amazon.com, Amazon Business, AWS, and Whole Foods Market in the USA.
It is important to note that the 5% reward is limited to the first US$120,000 in annual purchases, dropping to 1% after this limit.
The card has no annual fee (but requires a Business Prime subscription) and has Zero International Fee. Outside of Amazon platforms, it grants 2% back at restaurants, gas stations, and wireless telephone services in the USA, and 1% back on other purchases.
Conclusion
Amazon credit cards are excellent for those who regularly shop on the platform, offering rewards ranging from 3% to 5% back at checkout.
The right card depends on your Prime status and your usage needs. Firstly, the Prime Visa is best for most consumers who want benefits everywhere.
While the Prime Store Card is for those who need interest-free installments exclusively on Amazon.
The Amazon Secured Card is the low-cost option to start your credit life.
Now it’s up to you! Choose which Amazon credit card best meets your expectations.
Is your focus cashback? Although the cards discussed here offer a lot of cashback, there are other options where you can get even more money back. It’s worth checking out the credit card with cashback rewards.