Amazon.com is an e-commerce website that allows people to buy and sell products of any kind, the website also gives a visa card, mostly to Prime members of the company shoppers.
The Amazon prime rewards signature visa card is offered by Chase bank and they are approved for transactions at any retail point Visa Cards are accepted.
Amazaon.com offers customers a reward of 5% as a rebate on all purchases and food item.
An offer of a $70 gift card is given to new customers who spend on their site, or a $100 reward is offered when the new customers make purchases of goods from $100.
Note: Apart from good credit Amazon gives a prime reward signature visa card to only prime members, a credit score of at least 670 is required for customers before they are offered a prime reward signature visa card, Amazon cardholders are given back 3% of the total amount they used for purchases.
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Amazon Prime Rewards Signature Visa Card Rewards and Benefits
Regular shoppers at Amazon.com especially at Whole Foods, get a lot of bonuses with their visa cards, earning about 5% back on their total purchases and 3%, for those who are not Prime member.
Visa Reward cardholders of Amazon.com and Food Market Purchases are getting 2% when they spend on gas refill, restaurant and medicine store, plus 1% on every other purchase.
These rewards are awarded in points at the same time a reduction in the total amount paid for each purchase.
The Amazon Signature Visa credit card rewards the cardholder 5% on purchases from $2500 for the first 90-days of the card usages, but this offer is applicable to only Prime account making it one of the friendliest cards for regular shoppers due to the benefits it comes with.
Amazon Prime Reward Cards Points are redeemable and used once they are processed.
Purchases on Amazon with $60 gives a 6% reward in points to the Prime account holder which is 120-points, and every 100point is equal to $1.
They award gift cards of $70 once they approve your application for the Prime Rewards Signature Visa Card, other mouth-watering benefits of this card are, they have no earning limit, reward points never expire, zero transaction fees on international transactions and zero annual fees.
Amazon.com made an announcement that as of march of 2021, Amazon Prime Rewards Visa Signature Cardholders who buy in-store at whole foods with new cards can earn a $100 bonus.
Where To Get An Amazon Prime Rewards Signature Visa Card?
Everyone who wants an Amazon Prime Rewards Signature Visa Card can apply via www.amazon.com but all processes of the card are done by Chase Bank before they are issued out.
Instant card approvals are redirected to the Card Member Agreement page where terms and vivid info about the card are related to the eventual cardholder.
On the other hand, those who do not get instant approval are mandated to by Amazon.com to wait for 14-days before reaching out to Chase Bank to complain.
Why it takes some time is Chase reviews your credit history and related info before approving your application.
What Kind of Credit is required for the Amazon Prime Rewards Signature Visa Card?
Before an Amazon Rewards Signature Visa cards are issued the holder has to have a very high credit score for both Prime members and non-members since they are Visa credit cards.
Where Can the Amazon Prime Rewards Signature Visa Card Be Used?
Amazon has a store credit card that is used only on their site and other universal visa cards that are used everywhere visa cards are allowed.
Amazon cards are used in over 150 countries worldwide.
But their in-store cards are defined by their usability only in accredited stores while Amazon visa cards are more versatile in usage.
These Amazon cards earn you point for purchases on Amazon.com, whole foods buy and related stores.
>>> Learn more: Learn How To Pay Credit Card With Another Credit Card
Amazon Prime Rewards Signature Visa Card Alternatives
Well as a matter of fact individual preference still applies when it comes to cards acquiring. Amazon issues two cards used in their stores (the Amazon.com Store Card and the Amazon Prime Store Card) which offers regular patronizes more benefits,
This card are made and issued by Synchrony Bank.
Difference between Amazon.com and Amazon Prime Store Cards
If you are not worthy of Amazon Rewards Signature Visa cards, the Amazon.com or Prime store cards, the Amazon Prime Rewards Signature Visa and the Amazon Rewards Signature Visa usable at the Whole Foods markets while Amazon store cards are not usable at Whole Foods markets
All approved store card, earn a $60 gift card which is $10 less value of the $70 gift card gotten for approved Amazon Prime Visa cards owners
Amazon Rewards Signature Visa Credit Card
The Amazon Rewards Signature Visa card alternative for non-prime members is the Visa credit card which offers a reward of 3% for purchases on Amazon.com and Whole Foods.
>>> This might be interesting: How To Get A Credit Card: Everything You Should Know
Terms and Conditions of the Amazon Prime Rewards Signature Visa Card
The Amazon Prime Rewards Signature Visa Card annual percentage rate is distributed based on the card holders’ credit history.
Introductory APR doesn’t apply to this cards except if APR is between 14.24% to 22.24%, but are in variant based on prime rate.
Transfer of funds and buying of goods have the same APR not like other cards which come with different APRs for transfer of funds and buying of goods differently
To be an Amazon prime member you are faced with an annual fee of $119 and must be from 18-years of age, the Amazon Prime Rewards Signature Cash advances involves an interest rate of 24.99%.
Amazon gives a grace period of 21-days after the day you are supposed to make your full balance payment else, your interest rate start accumulating.
Late balance payment can be as much as $39 based on the balance on the prime visa card.
Amazon Prime Rewards Signature Visa balance payment general overview
|APR||Late Fee||Return Check Fee||Grace Period|
|Amazon Prime Rewards Signature Visa||14.24% and 22.24%||$39||None||21 days after the end of the billing cycle|
Who Should Consider the Amazon Prime Rewards Signature Visa Card?
Regular shoppers at the Whole Food markets and on Amazon.com e-commence site are so rewarding especially Prime members. It also offers benefit for it versatile usage not only in Amazon store but everywhere visa cards are allowed.
These cards give a very high APR such that even non-regular shoppers should consider it as the best option for its friendly terms in the shopping
Note: Avoid owing a balance else the interest rate for late payment will make the rewards meant for your benefit as the card holder valueless after all.
FAQs about Amazon Prime Rewards Signature Visa Card
What Kind of Credit Score Do I Need to Open an Amazon Prime Rewards Signature Visa Card?
Despite that Amazon does not state its Prime Rewards Signature Visa Card credit score according to reviewers a 670 maybe needed to get one.
Where Can I Use My Amazon Prime Rewards Signature Visa Credit Card?
The card can be used anywhere Visa is accepted.
Does Amazon Prime Rewards Signature Visa Card Help You Build Credit?
Yes. If managed properly
Does the Amazon Prime Rewards Signature Visa Have an Annual Fee?
There is no an annual fee. Except the $119 annual membership Prime Rewards Signature Visa credit card account.
What’s the Difference Between the Amazon Prime Rewards Signature Visa Card and the Amazon Rewards Signature Visa Card?
Prime members get a reward of 5% on Amazon.com purchases, and at Whole Foods while non-prime members get 3% rebate.