Amazon Prime Visa card evaluate: Full particulars

Prime Visa card overview

Amazon’s Prime Visa is a stable earner, that includes a 5% return on Amazon.com, Entire Meals Market and Chase Journey℠ purchases, 2% on restaurant, fuel station and commuting purchases and 1% again on all the things else, making it a powerful contender for individuals who spend huge with Amazon and its manufacturers. One other perk? This card doesn’t have an annual payment. We advocate a credit score rating of 670* or above. Card ranking**: ⭐⭐⭐½

**Card ranking relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

More often than not, we advocate saying “no thanks” when a cashier (or on-line pop-up) asks if you wish to join a retailer bank card at checkout. The low cost you may get in your buy isn’t as helpful because the sign-up bonuses different playing cards supply, and most retailer playing cards have disappointing incomes constructions.

However there are just a few exceptions to that rule — and the Prime Visa is certainly one of them.

The Prime Visa is price contemplating for those who spend quite a lot of your funds at Amazon or Entire Meals and need the very best incomes price for these purchases. It earns 5% again on Amazon and Entire Meals purchases, a considerable return for a card with no annual payment.

However in fact, it is not the very best card for everybody. This is what it’s worthwhile to know to determine if the Prime Visa deserves a spot in your pockets.

Prime Visa professionals and cons

Prime Visa welcome supply

Presently, the Prime Visa affords a $150 Amazon reward card immediately upon approval completely for Prime members.

When you think about that this can be a no-annual-fee card, that is an honest welcome bonus — particularly since you may obtain the e-gift card immediately upon approval as an alternative of getting to satisfy a spending requirement to earn it.

You do want a Prime membership to get the Prime Visa, and since this can be a Chase card, you may wish to be underneath 5/24 to extend your probabilities of approval.

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Associated: The very best bank cards for Amazon purchases

Prime Visa advantages

We normally do not count on many advantages from a card with out an annual payment, however the Prime Visa has some shocking perks.

As a cardholder, you may get prolonged guarantee safety***, buy safety***, journey accident insurance coverage**** and misplaced or delayed baggage insurance coverage****. Moreover, the Prime Visa does not cost overseas transaction charges.

It looks like we hear a brand new horror story of somebody’s misplaced baggage each day, so having baggage safety on prime of incomes bonus rewards in your buy of Apple AirTags by Amazon is a good profit.

With this card, you may get pleasure from 10% again on a rotating number of gadgets and classes. Lastly, cardholders normally get entry to early offers throughout Prime Day and might earn boosted rewards throughout these gross sales occasions.

***Insurance coverage advantages are underwritten by Indemnity Insurance coverage Firm of North America (“Supplier”). Protection will not be out there in all states or sure phrases could also be completely different the place required by state regulation. To study extra, please go to https://www.chasebenefits.com/visasignatureVW1.
****Insurance coverage advantages are underwritten by Federal Insurance coverage Firm. Protection will not be out there in all states or sure phrases could
be completely different the place required by state regulation. To study extra, please go to https://www.chasebenefits.com/visasignatureVW1.

Associated: What to do when an airline loses your baggage

Incomes money again on the Prime Visa

The Prime Visa earns 5% again on Amazon.com, Amazon Contemporary, Entire Meals Market and Chase Journey purchases. It additionally earns 2% again at fuel stations, eating places and native commuting (together with ride-hailing providers) and 1% on all different purchases.

No different card persistently affords this excessive of a return on Amazon purchases, so this incomes construction is great for anybody who spends a big portion of their funds at Amazon and Entire Meals. If you wish to persist with only one card, the extra 2% again classes are respectable for on a regular basis spending.

Nonetheless, you may get greater incomes charges on fuel stations, eating places, commuting and common purchases with different playing cards, so the Prime Visa works greatest as only one half of a bigger card technique.

Associated: The very best rewards bank cards for every bonus class

Redeeming money again on the Prime Visa

One of many Prime Visa’s greatest qualities is the benefit of redeeming rewards. You may see your rewards in your Amazon checkout display and might use them to pay for half or all your purchases at Amazon.com.

Alternatively, you possibly can redeem your rewards for money again, reward playing cards or journey by Chase Journey. Regardless of which redemption possibility you select, you may get a worth of 1 cent per level.

Different playing cards mean you can use your rewards to pay on your Amazon purchases, however we solely advocate this route in case you have the Prime Visa.

As an example, Chase Final Rewards factors are price 2.05 cents apiece in line with TPG’s October 2024 valuations, however you may get lower than 1 cent per level for those who use these factors to pay for a purchase order on Amazon.com. Then again, your Prime Visa rewards are price the identical one cent every whether or not you select to make use of them to cowl an Amazon buy, get cash-back or e book journey by Chase Journey.

Associated: The best way to get most worth out of your Chase Final Rewards

Which playing cards compete with the Prime Visa?

If you do not have a Prime membership or do not spend a lot of your funds at Amazon or Entire Meals, certainly one of these playing cards could also be a more sensible choice for you:

For extra choices, see our checklist of greatest cash-back bank cards and greatest retailer bank cards.

Associated: Retailer vs. cash-back bank cards: Which one ought to I get?

Is the Prime Visa price it?

If you have already got a Prime membership and wish to earn cash-back rewards, the Prime Visa is an effective card to begin with or add to your current portfolio. Nonetheless, if you do not have a Prime membership or are targeted on incomes journey rewards, you may most likely get extra worth from a distinct card.

Associated: Money-back vs. journey rewards: How to decide on a bank card

Backside line

With an unbeatable 5% return on Amazon and Entire Meals purchases and a easy redemption system, the Prime Visa is nice for individuals who want the benefit of utilizing a no-annual-fee bank card that earns money again over incomes extra complicated journey rewards.

However for those who plan to make use of factors and miles on your subsequent huge journey, you may wish to use a card that earns journey rewards factors in your Amazon purchases as an alternative. Regardless of which route you select, you possibly can’t go flawed with a card that earns rewards each time you click on “Purchase now” in your Amazon purchasing cart.

Apply right here: Prime Visa

For charges and costs of the Blue Money On a regular basis card, click on right here.