Amazon Credit Card: Amazon Rewards Visa Card

 

If you shop from the world’s biggest online store, that is Amazon, you might be aware of the Amazon credit card promotions everywhere on the website and on the Amazon app. Amazon offers 4 types of credit cards. You can select among the cards and determine which one of these provides you with the biggest benefits as per your requirement.

Although, only people who have an eligible Amazon prime membership ($119 annually, or $12.99 monthly). The Amazon credit card payment offers highest possible rewards and offers especially if you shop from the Amazon frequently.

The Amazon credit cards can be broken down according to their specifications which can help you choose which card is best for your needs.

 

Here are the four Amazon credit card?

•         Amazon Prime Rewards Visa Signature Card

•         Amazon Rewards Visa Signature card

•         Amazon Store Card

•         Amazon Prime Store Card

 

Amazon Prime Rewards Visa Signature Card

This credit card by Amazon offers the highest-possible rewards and cashback. There are multiple benefits of this credit card including 5% cash-back rate on Amazon brands and selected outlets. With the Amazon Prime Rewards Visa Signature card you can earn an annual rewards worth $590 and an estimated rewards after 5 years’ worth $2352.

After you fill the Amazon credit card apply form and are approved for the card, you receive a welcome bonus of $100 Amazon gift card which will offset the $119 annual prime membership charges for the first year.

 

Pros	Cons
No annual fees.	Prime membership is required.
$150 Amazon gift card on approval.	5% cash-back applicable only on Amazon and groceries purchases.
5% cash-back on Amazon and whole-food purchases.	Excellent credit score required.
No fees charged on international purchases.	5% fee of money transfers.

Amazon Rewards VISA Signature card

If you frequently shop from the Amazon site, yet you don’t have an Amazon Prime membership, the Amazon Rewards VISA Signature card is for you. This Amazon credit card does not require a prime membership and still offers up to 3% cash-back rate at Amazon and whole foods. And also, 2% returns at restaurants, gas stations and pharmacies.

Cardholders get a joining $50 amazon gift card once their credit card application is approved. You can receive thos gift card after doing your Amazon credit card login. 

If you ever decide to join the Prime membership, then you will be upgraded to the Prime version of this credit card.

Pros	Cons
No annual fee.	3% back only on foods purchased from Amazon or Whole Foods market.
No prime membership is needed.	5% charges on money transfer.
3% returns on Amazon and whole food markets.	Excellent credit score required.
No fee on international transactions.

 

Amazon Store Card

If you are wishing to make a big purchase on Amazon and you are not a member of Amazon Prime, the Amazon Store card offers you access for 6-, 12-, or 24-months interest-free financing.

Special Financing

• Amazon charges no interest on purchases of $150 or more, considering the entire purchase amount is paid within 6 months.

• Zero Interest on purchases of $600 or more if the full amount is paid within 12 months.

• No interest on purchases of $800 or exceeding on condition that the amount is paif full within 24 months.

 

Pros	Cons
No annual fees.	Deferred interest.
$10 gift card upon approval.	No reward programmes.
Many promotional financing offers.	Card can only be used to Amazon.
No foreign transaction fee.	High APR.

 

Amazon Prime Store Card

The Amazon prime store card offers the same financing options as the Amazon Store Card along with cash-backs and rewards.

With this card, earn up to 5% cash-back on Amazon purchases. But unlike the Amazon Prime Rewards Cards and the Amazon Rewards Visa signature card, you are not provided with cash-back at whole foods, groceries, restaurants, pharmacies and gas stations, and any other purchases.

Cardholders have the option of choosing between earning 5% returns or using a promotional financing period.

For example, if you are purchasing a phone refrigerator for $900 dollars, you can choose a financing plan where you will pay no interest for two years. But if you are choosing the financing, you will not be receiving the 5% cash-back reward on your purchase.

Pros	Cons
No annual fee.	No balance transfer.
5% return at Amazon.	Deferred interest.
$60 welcome Amazon gift card.	Prime membership required.
Financing options.	Can only be used at Amazon.