Quick Answer: Is The Amazon Prime Visa Card Worth It?

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..

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

If I cancel Amazon Prime will Chase cancel my Amazon Prime card (even if I use it)? They will simply downgrade you to the non-Prime card, still no annual fee and 3% back on Amazon. If you do not want to use Prime anymore, you can still keep the credit card, your rewards just get downgraded. Just call them and ask.

Is the Amazon Prime 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. … You’ll earn 5% cash back on all Amazon purchases, as well as at Whole Foods Market. 2% cash back is earned at gas stations, restaurants, and drugstores.

Does Amazon do a hard credit check?

Yes, the Amazon Credit Card will do a hard pull. … There is no way to pre-qualify for the Amazon Credit Card. A hard pull usually causes an applicant’s credit score to drop by 5-10 points. Most people’s scores bounce back within 3-6 months with responsible credit management, but it can take up to 12 months.

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.

Which Amazon credit card is better?

Best Amazon credit cards 2020Recommended cardsBest forCredit neededDiscover it® Cash BackGeneral spendingExcellent/GoodAmerican Express® Gold CardPurchase protectionExcellent/GoodCapital One Venture Rewards Credit CardTravel rewardsExcellent/GoodChase Freedom Unlimited® CardFlexible rewardsExcellent/Good3 more rows

What are the benefits of an Amazon Prime Credit Card?

Welcome bonus* $60. Amazon Gift Card instantly upon approval. … Rewards at Amazon and Whole Foods Market* 3% back. 5% back. … Rewards at restaurants, gas stations, and drugstores* 2% back. … Rewards on all other purchases* 1% back. … No annual credit card fee†No foreign transaction fees†Bonus rewards at Amazon* Up to 20% back.

Is Netflix free with Amazon Prime?

You can get a FREE 30-day trial membership for Amazon Prime , which means the $99 is actually for 13 months, which is $7.66 per month. Netflix costs $7.99 per month.

Can I use my Amazon Prime credit card anywhere?

You can use this card anywhere Visa is accepted But you can use the Amazon Prime Rewards Visa Signature Card for purchases anywhere that Visa is accepted.

What is the credit limit for Amazon credit card?

The Amazon Store Card credit limit is at least $400 in most cases, and the average credit limit is around $1,500. You can definitely get a higher limit than $1,500 with the Amazon Store Card, but you can also get a lower limit than $400.

What credit company does Amazon use?

Synchrony BankThe Amazon branded cards are issued by Synchrony Bank, a division of GE Capital. Synchrony Bank pulls almost exclusively from TransUnion. They do report payment history to all 3 of the major credit reporting agencies.

Is the Amazon Prime Rewards Visa card worth it?

The Amazon Prime Rewards Visa Signature Card is a fantastic card for die-hard Amazon shoppers. The 5% rewards rate on Amazon purchases and the $70 gift card you get once approved are both great rewards that are tough to beat by any other offer currently on the market.