The Amazon Prime Rewards Visa® Signature is an Amazon credit card available only to Amazon Prime members. It offers cashback rewards at a rate of 1%–5%, can be used anywhere Visa is accepted, and offers a $100 Amazon gift card upon approval.
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Quick Review
The Amazon Prime Rewards Visa® is a great card option for Amazon Prime members looking for a general-use credit card with cashback rewards and travel protections.
While the cashback rewards are good, this card has a relatively high interest rate of 17.24%–25.24% (variable), which makes this card an expensive choice if you plan to carry a balance on your card.
Surprisingly, this Amazon Prime Rewards Visa® is an especially good credit card for gamers as well as travelers. It offers no foreign transaction fees, emergency travel assistance, lost luggage reimbursement, along with baggage delay and travel accident insurance.
Here are the Amazon Prime Rewards Visa® Signature card’s major pros and cons:
Amazon Prime Rewards Visa® Signature: Important Details
Basic Card Details
- Card issuer: Chase Bank
- Card type: Rewards credit card
- APR: 17.24%–25.24% (variable)
- Annual fee: $0
- Rewards rate: 1%–5%
- Introductory offer: 10% cash back on select purchases (for a limited time)
- Welcome bonus: $100 Amazon gift card
Additional Information
- No foreign transaction fees
- Zero fraud liability
- Purchase protection
- Extended warranty protection
Amazon Prime Rewards Visa® Signature Feature Breakdown
Fees
- Annual fee: $0
- Late payment fee: Up to $39
- Return payment fee: Up to $39
- Balance transfer fee: $5 or 5% (whichever is greater)
- Cash advance fee: $10 or 5% (whichever is greater)
- Foreign transaction fee: $0
While this card doesn’t charge an annual fee, keep in mind that you’ll need to maintain an Amazon Prime membership (which costs $139 annually) to use this credit card.
Interest Rates
- Regular APR: 17.24%–25.24% (variable)
- Balance transfer APR: 14.24%–22.24%
- Cash advance APR: 24.99%
- Minimum interest charge: $0
The interest rate for the Amazon Prime Rewards Visa® Signature is relatively high. If you don’t plan to pay off your balance each month, the high interest charges could counteract any money back you earn through rewards.
Rewards
The Amazon Prime Rewards Visa® rewards program is aimed at frequent Amazon shoppers. Upon approval for the credit card, you’ll get a $100 Amazon gift card instantly. As you make purchases, you’ll get cashback rewards at the following rates:
- 5% cash back at Amazon and Whole Foods
- 2% cash back at restaurants, gas stations, and drugstores
- 1% cash back on utilities, rideshare, and all other purchases
- Up to 25% back on select products through limited offers
Once you’ve accrued a minimum number of points, you can use your cashback rewards in the following ways:
- By using them for purchases on Amazon.com.
- By using them for other products or services selected by Chase (including travel and gift cards).
- By redeeming them as cash sent to you as a check in the mail.
- By redeeming them as cash that Chase deposits into your bank account.
- By redeeming them in the form of account statement credit (which you can use to pay off your credit card bill).
Travel Benefits
The Amazon Prime Rewards Visa® Signature card offers certain travel benefits and protections to cardholders. The benefits include:
- Travel and emergency assistance
- Lost luggage reimbursement
- Baggage delay and travel accident insurance
- Roadside dispatch
- Auto rental collision damage waiver
- Visa® Signature Concierge service
Additionally, cardholders get access to the Visa® Signature Hotel Collection, which offers exclusive member incentives, like free room upgrades and complimentary breakfasts.
Credit Reporting
Chase, the credit card issuer, reports your credit activity to the three major credit bureaus (Experian, Equifax, and TransUnion).
Customer Service
Chase Bank provides 24/7 customer service for the Amazon Prime Rewards Visa® Signature card. You can access your account online at https://www.chase.com/personal/credit-cards/amazon or reach them by phone at (888) 247-4080.
Should You Get the Amazon Prime Rewards Visa® Signature Card?
FinanceJar verdict
If you’re an avid Amazon shopper with an Amazon Prime membership, the Amazon Prime Rewards Visa® Signature is a good credit card choice. With a generous bonus offer and a 1%–5% standard rewards rate, the card can score you major discounts on Amazon goods.
However, this card requires a good to excellent credit score, so not everyone will qualify. In addition, the purchase APR is high, so if you won’t be able to pay off your balance each month, this may not be the right card for you since you’ll get hit with hefty interest charges.
Who is this card for?
- Frequent Amazon shoppers: The rewards program for this credit card is its biggest selling point, but to maximize your rewards you will need to make purchases with Amazon to get the highest rate of 5% back.
- Amazon Prime members: If you already pay for an Amazon Prime membership, this credit card will come at no extra cost to you, so you might as well apply and reap the rewards.
- Travelers: One of the hidden advantages of the Amazon Prime Rewards Visa® Signature is its travel benefits. Being a cardholder earns travelers extra perks, protections, and access to Visa® Signature hotel options.
FAQs about the Amazon Prime Rewards Visa® Signature Card
1. Where can I use the Amazon Prime Rewards Visa® Signature credit card?
You can use the Amazon Prime Rewards Visa® Signature wherever Visa is accepted. However, the cashback rewards vary based on where your purchases are made. You only get the highest rate of 5% back at Amazon and Amazon-owned businesses. Other businesses receive a 1% or 2% cashback rate.
2. How do I apply for the Amazon Prime Rewards Visa® Signature card?
You can apply for the Amazon Prime Rewards Visa® via Amazon’s website. You will receive a $100 Amazon.com gift card instantly upon approval.
3. How do I pay my Amazon Prime Rewards Visa® Signature Card bill?
There are several ways you can pay your Amazon Prime Rewards Visa® Signature credit card bill:
- Online: By either logging in to your account or using the Chase Mobile app.
- By phone: You can call customer service at the phone number on the back of your card or on your billing statement, or you can make a payment using the automated phone service at (800) 436-7958.
- At a Chase ATM or branch: You can use an online locator to help you find the nearest one.
- By Western Union: Use the Code City: WALNUT.
- By mail: Mail your check or money order to Chase*, and include your name and account number.
*The mail address for paying your Chase credit card bill is:
Cardmember Services
P.O. Box 6294
Carol Stream, IL 60197-6294
Comparable Cards
Amazon Prime Rewards Visa® Signature vs. Amazon Rewards Visa® Signature
These credit cards are almost identical, but the Amazon Prime Rewards card is the better choice for Prime members who plan on continuing to use the Amazon Prime service.
Unlike the Amazon Prime Prime Visa®, the Amazon Rewards Visa® is available to all applicants, regardless of Prime membership. While this makes it a lower cost card (as you don’t need to pay the $139 annual Prime fee), it comes with limited benefits, including:
- Only 3% cash back at Amazon and Whole Foods
- $50 gift card upon approval (as opposed to the $100 card offered to Prime Rewards cardholders)
However, the choice between these cards really comes down to whether or not you’re a Prime member or plan to be a Prime member.
Amazon Prime Rewards Visa® Signature vs. Chase Freedom Unlimited®
These cards have similar interest rates and no annual fees. Both cards offer cashback rewards programs with up to 5% cash back on certain purchases. The difference lies in where you can earn these cashback rewards, and which card offers rewards categories more aligned with your spending.
The Amazon Prime Rewards card would be the better choice if you shop frequently on Amazon, as the highest rewards rate of 5% is only for purchases made at Amazon and Whole Foods. It also offers 2% back at restaurants, gas stations, and drugstores and 1% back on everything else.
The Chase Freedom Unlimited® credit card offers 5% back for travel purchases through Chase Ultimate Rewards, 3% on dining at restaurants, including takeout and eligible delivery services, 3% on drugstore purchases, and 1.5% on all other purchases.
Amazon Prime Rewards Visa® Signature Card vs. Chase Sapphire Preferred® Card
While the Amazon Prime Rewards Visa® doesn’t technically have an annual fee, it does require an Amazon Prime membership which costs $139/year. The Chase Sapphire Preferred® card has a slightly lower annual cost of $95/year.
Choosing between these two credit cards really depends on your lifestyle. The Amazon Prime Rewards card is designed for people who frequently shop at Amazon, while the Chase Sapphire is geared more towards travelers. The Chase Sapphire rewards work like this:
- 5% back on travel purchased through Chase Ultimate Rewards®, excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit.
- 2% back on other travel purchases.
- 3% back on dining and groceries (excluding Target, Walmart and wholesale clubs).
- 3% back on select streaming services.
- 1% back on all other purchases.
While the Chase Sapphire rewards program is more extensive, it may require a higher credit score to qualify.
