If you are a fan of Amazon, then the Amazon Prime Rewards Visa Signature Card may be a no-brainer for you. It’s really hard to beat a card that offers you a 5% cashback rate when you make purchases on Amazon and Whole Foods.
So, this card has a robust set of benefits on offer, but on the downside, you must first be a Prime Member, which will cost you the monthly subscription, per year.
Although, the good news is that they do not charge additional annual fees for using the card. Read on to learn more about the Amazon Rewards Visa Signature card.
Benefits of the Amazon Prime Rewards Visa Signature Card
The main benefits associated with this card are the rewards the card has to offer, and how you can redeem them. You can use the card for buying gas, or at restaurants. Additionally, when you use it at drugstores you will earn 2% cashback.
For all other purchases that are not listed above, the cashback is at 1%. Your best bet would be to sue this card exclusively for Amazon and Whole Foods purchases.
Each point is worth 1 cent regardless of how you redeem them. If you choose to redeem them for Prime Amazon rewards, then you can do so as you wish and no minimum redemption is required. If you earn 2,000 points, then you can spend it on more than $400 worth of Amazon Purchases.
Amazon will give you a $100 Amazon gift certificate when you are new, and as soon as your application is approved. This is quite a high bonus as previously it was at $70.
How to Apply for the Amazon Credit Rewards Visa Signature Card
To apply for the card, start by logging on to the company website and clicking on “Apply Now”. Complete the form with the required information, such as your name, your contact information, your Social Security Number, your income information, and your employment details.
You must be 18 years of age, you must have a valid address, you must be a citizen of the US, or a permanent resident, and you must have a permanent job or source of income.
Interest Rates and Fees
The Amazon Rewards Signature Card is a great credit card option if you are a fan of Amazon. This card attracts the following fees and charges, which we have listed below.
- Purchase APR: 14.24% – 22.24% based on your creditworthiness
- My Chase Loan APR: 14.24% – 22.24% based on your creditworthiness
- Balance transfer APR: 14.24% – 22.24% based on your creditworthiness
- Cash advance APR: 24.99%
- No annual fee
- Balance transfer fees: either $5 or 5%, whichever is greater
- Cash advance fees: either $10 or 5%, whichever is greater
- Foreign transaction fees: none
If you would like to get in contact with an Amazon representative, you can reach them by calling 1 (888) 280-4331. We have also listed their mailing address below for you.
410 Terry Ave
North, Seattle, WA, 98109-5210
If you are a frequent Amazon shopper, then the Amazon Rewards Signature Card may be great for you. Contact a representative, or look up this card on the Amazon website to learn more.
We hope that we have provided you with all the information you need to use this card, and the main benefits you will receive simply by using it to shop at Amazon and Whole Foods.
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.