Quick Answer: Is Amazon Prime Visa Card Worth It?

Which Amazon credit card is better?

The Amazon Prime Rewards Visa Signature Card is the best credit card for Amazon purchases.

It has $0 (other than the $119 Amazon Prime subscription).

It also offers 5% back at Amazon and Whole Foods Market with an eligible Prime membership*.

2% back at restaurants, gas stations, and drugstores*..

Is the Amazon Prime Visa card a credit card?

The Amazon Prime Rewards Visa Signature Card is a credit card offered by Amazon and Chase that has no annual fee, but requires a valid Amazon Prime membership. If you’re an Amazon Prime member and buy a lot on Amazon, this card might be a great fit for all those Amazon purchases.

Are Amazon credit cards hard to get?

You need only “fair” credit to get approved, and you can check your credit score for free on WalletHub to see if you’ll qualify. No annual fee (besides Prime dues). Whether you plan to use the Amazon.com Store Card for earning rewards or improving your credit score, not having to pay an annual fee is definitely a plus.

What is the credit limit for Amazon credit card?

Consumers can establish credit lines ranging from a minimum of $100 to a maximum of $1,000. Like many other retail cards, however, the Amazon Credit Build card can only be used for Amazon purchases, making it a “closed-loop” card.

Should I apply Amazon store card?

The Amazon.com Store Card could be a good option if you’ll be spending a lot of money on Amazon, and want to pay off those purchases over time. If not, there will be better cards for you. 5% cash back is a good reward rate for Amazon, especially because you won’t find many cards with Amazon as a bonus category.

What credit score is needed for Amazon Prime Visa card?

(640+)You’ll only need a fair credit score (640+) to have a reasonable shot at getting the card. The tradeoff is that unlike the Visa Signature card, which you can use anywhere Visa cards are accepted, the Amazon Store Card is limited to purchases on Amazon.com and at retailers that accept Amazon Pay.

What happens to my Amazon Prime credit card if I cancel Prime?

Cardholders who cancel their Amazon Prime membership can keep the Amazon Prime Rewards Visa Signature Card, but they earn 3% back, instead of 5%, on Amazon.com and Whole Foods purchases.

Does applying for Amazon card hurt credit?

However, applying for a credit card, whether or not you are approved, does impact your score temporarily. … These inquiries stay on your credit report for two years, although it is reported that the inquiries only affect your FICO credit score for one year.

What is the difference between Amazon store card and Amazon Visa?

Amazon Prime Store Card rewards can only be used for purchases on Amazon.com, while Amazon Visa card rewards can be redeemed in a variety of ways, including as cash back in the form of a deposit or statement credit, for Amazon purchases and for travel.

Can I use my Amazon Prime credit card anywhere?

The card, issued by Chase, earns a stellar rewards rate at both Amazon.com and Whole Foods. And unlike a lot of other store-branded cards, you can use it — and earn rewards with it — anywhere that accepts Visa. You’ll enjoy bonus rewards at restaurants, drugstores and gas stations, too.

Is there a fee for Amazon credit card?

The Card. If you do a lot of shopping at Amazon and you’re in the market for a rewards card, this card has some attractive perks. … When you are approved for the card, Amazon will give you a $50 gift card. There is no annual fee, no foreign transaction fees, no earning cap, and your points never expire.

What is the catch with Amazon credit card?

There is a small catch: The 5% cash back benefit, which also applies to Amazon.com purchases, is only available to active members of Amazon Prime, a subscription program that offers free two-day shipping, access to streaming video and music, and a variety of other Amazon-specific perks for $119 a year.

Is Netflix free with Amazon Prime?

A: You just have to log in to your hulu and Netflix account once and your good to go. If you have a Prime account you just sign in once with that and your connected there is no additional fee unless you buy games or movies.

Should I apply for the Amazon credit card?

If you’re already a Prime member and a heavy Amazon user, this card could be a good addition to your wallet. “The benefits of the Amazon card are good, but not good enough to pay $99 per year for Amazon Prime if you are not a big shopper,” advises financial planner Kathy Hauer. Do the math before applying.

What are the benefits of an Amazon Prime Credit Card?

No annual credit card fee†No foreign transaction fees†Earn everywhere you shop. No matter where you shop, you’ll earn rewards on every purchase. … Redeem for millions of items at Amazon.com* It’s easy to redeem. … Instant Credit. … A guide to earning 5% Back at Amazon.com.