Amazon Prime Rewards Visa Signature Card
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Amazon Prime Rewards Visa Signature Card Review 2022
Amazon Prime Rewards Visa Signature card review: Prime members earn an Amazon gift card on approval and 5% cash back on Amazon and Whole Foods purchases — with no annual fee
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Bottom line: The Amazon Prime Rewards Visa Signature Card is a good choice if you're already an Amazon Prime member and spend a lot at Amazon and Whole Foods, because it earns 5% cash back on these purchases — and it comes with decent benefits for a no-annual-fee card.
- 5% cash back at Amazon and Whole Foods is hard to beat
- Earns 2% cash back on other popular categories (restaurants, gas stations, drugstores)
- No annual fee (though you have to be an Amazon Prime member)
- Other cards offer higher cash-back rates on non-Amazon purchases
- 5% Back at Amazon.com and Whole Foods Market with an eligible Prime membership*
- 2% Back at restaurants, gas stations, and drugstores
- 1% Back on all other purchases
- No annual credit card fee
- No foreign transaction fees
Review: Is the Amazon Prime Rewards Visa Signature card the best credit card for you?
If you're an Amazon Prime member and spend a lot at Amazon, Whole Foods, or both, the Amazon Prime Rewards Visa Signature Card is worth considering. Along with a welcome bonus of a $100 Amazon gift card instantly upon approval, Amazon Prime members earn 5% back on Amazon and Whole Foods purchases***, 2% back at restaurants, gas stations, and drugstores, and 1% back on all other purchases.
There's no annual fee for Amazon Prime members, and because it's a Visa Signature card, it offers solid benefits including extended warranty, purchase protection, and rental car insurance .
Read more: The best credit cards for Amazon purchases
The card also offers a unique pay-over-time feature that can be useful if you want to avoid interest charges, but if you take advantage of this option, you won't earn rewards for your purchase.
While this is a great card if you do the bulk of your spending at Amazon and/or Whole Foods, there are other credit cards that earn bonus cash back in a wider variety of categories that might be a better fit. Depending on your spending habits, a card with a flat earning rate on all purchases like the Citi® Double Cash Card (1% back when you make a purchase and 1% when you pay it off) could earn you more rewards overall.
We're focused here on the rewards and perks that come with each card. These cards won't be worth it if you're paying interest or late fees. When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.
Comparison: Amazon Prime Rewards card vs other Chase credit cards
Amazon Prime Rewards Visa Signature Card | Chase Freedom Flex℠ | Chase Freedom Unlimited® | |
Annual fee | $0 (with a Prime Membership) | ||
Rewards rate | 10% back or more on select products* 5% cash back at Amazon*** 5% cash back at Whole Foods*** 2% cash back at restaurants, gas stations, and drugstores 1% cash back on everything else | 5% cash back (5x points) on travel purchased through Ultimate Rewards 5% cash back (5x points) on up to $1,500 in purchases each quarter in rotating bonus categories when you activate 3% cash back (3x points) on dining and drugstore purchases 1% cash back (1x points) on everything else | 5% cash back (5x points) on travel purchased through Ultimate Rewards 3% cash back (3x points) on dining and drugstore purchases 1.5% cash back (1.5x points) on everything else |
Welcome bonus offer | $100 Amazon gift card instantly upon approval | $200 after spending $500 on purchases in the first three months from account opening | 1.5% cash back in addition to regular earning on everything you buy up to $20,000 spent in the first year (worth up to $300 cash back) |
Card benefits | Secondary car rental insurance Baggage delay insurance Lost luggage reimbursement Travel accident insurance Extended warranty Purchase protection Travel and emergency assistance Roadside dispatch Access to Visa Signature Luxury Hotel Collection Visa Signature Concierge Cardholders can choose a 0% APR on purchases of $50 or more for six to 18 months (then a 14.99% - 22.99% Variable APR) instead of cash back at Amazon checkout No foreign transaction fees | Car rental insurance (secondary in the US, primary otherwise) Trip cancellation/interruption insurance Purchase protection Extended warranty Travel and emergency assistance services 0% APR on purchases and balance transfers for the first 15 months, then a 15.74% - 24.49% Variable variable APR | Extended warranty Car rental insurance (secondary in the US, primary otherwise) Trip interruption/cancellation insurance Travel and emergency assistance services 0% intro APR on purchases and balance transfers for the first 15 months, then a 15.74% - 24.49% Variable |
Review |
*limited-time offer
***5% cash back at Amazon and Whole Foods requires a Prime Membership and that your card is loaded to your eligible Amazon account; otherwise earn 3% back on these purchases
Amazon credit card vs other cash-back credit cards
Amazon Prime Rewards Visa Signature Card | Citi® Double Cash Card | Blue Cash Everyday® Card from American Express | |
Annual fee | $0 (with a Prime Membership) | ||
Rewards rate | 10% back or more on select products* 5% cash back at Amazon*** 5% cash back at Whole Foods*** 2% cash back at restaurants, gas stations, and drugstores 1% cash back on everything else | 1% cash back when you buy, plus 1% cash back when you pay your bill | 3% cash back at U.S. supermarkets**** 2% cash back at U.S. gas stations 1% back on all other purchases |
Welcome bonus offer | $100 Amazon gift card instantly upon approval | $200 statement credit after you spend $2,000 in purchases on your new card within the first 6 months | |
Card benefits | Secondary car rental insurance Baggage delay insurance Lost luggage reimbursement Travel accident insurance Extended warranty Purchase protection Travel and emergency assistance Roadside dispatch Access to Visa Signature Luxury Hotel Collection Visa Signature Concierge Cardholders can choose a 0% APR on purchases of $50 or more for six to 18 months (then a 14.99% - 22.99% Variable APR) instead of cash back at Amazon checkout No foreign transaction fees | Access to Citi Entertainment 0% intro APR on balance transfers for 18 months, then 14.74% - 24.74% Variable APR | Secondary car rental insurance Purchase protection Global Assist Hotline Access to discounts and bonuses with Amex Offers** 0% intro APR on purchases for 15 months, then 15.49% - 25.49% Variable (See Rates) |
Review |
*limited-time offer
***5% cash back at Amazon and Whole Foods requires a Prime Membership and that your card is loaded to your eligible Amazon account; otherwise earn 3% back on these purchases
****3% back on up to $6,000 spent at US supermarkets in a calendar year, then 1% back
How to earn cash back with the Amazon Prime Rewards card
The Amazon Prime Rewards Visa Signature Card earns 5% cash back on Amazon and Whole Foods purchases, but to get this rate you must have an active Prime Memberhip ($119 per year for most members) and the card must be loaded as a method of payment on your Amazon account. If your Prime Membership lapses or your card isn't loaded to your account, you'll earn 3% back at Amazon and Whole Foods.
You'll also earn 2% cash back at restaurants, gas stations, and drugstores, and 1% back on all other purchases. For a limited time, you can also earn 10% to 25% back on select Amazon items marked as "Prime Card Offers" when you use your card.
Read more: Guide to the best cash-back credit cards
With the Amazon Prime Rewards Visa Signature Card, you'll actually earn rewards as points, with 100 points = 1 dollar. Note that you won't earn bonus rewards for purchases made through international Amazon sites or certain third-party vendors.
How to use rewards from the Amazon credit card
The simplest way to use rewards from the Amazon Prime Rewards Visa Signature Card is to redeem them toward Amazon purchases at checkout.
You can also request cash back as a statement credit or direct deposit to a linked bank account, or use points toward gift cards or travel.
Benefits and features
For a no-annual-fee card, the Amazon Prime Rewards Visa Signature Card offers a solid range of benefits.
Interest-free equal monthly payments
At Amazon checkout, you'll have the option to select equal monthly payments (from six to 18 months) with a 0% APR on eligible purchases over $50 (then a 14.24% to 22.24% variable APR).
You can set up monthly payments as follows:
- Purchases of $50 or more: Six equal monthly payments
- Purchases of $250 or more: 12 equal monthly payments
- Purchases of $500 or more: 18 equal monthly payments
Read more: The best low-interest and 0% APR credit cards
You won't earn rewards if you go this route, but it's a handy feature if you have a large Amazon purchase you want to pay for over time without incurring interest charges. Note that the full price will be charged to your card at the time of purchase; you'll be responsible for the monthly payment amount which will appear on each statement.
Car rental insurance
When you decline the rental company's collision insurance and charge the entire rental cost to your card, you're covered for theft and collision damage on most cars. In the US, coverage is secondary to your personal insurance — otherwise, it's primary insurance.
Lost luggage reimbursement
When you pay for your fare with the Amazon Prime Rewards Visa Signature Cardand the carrier damages or loses your bags, you and your immediate family members could be covered for up to $3,000 per passenger.
Baggage delay insurance
If your bags are delayed for six hours or more, you could be reimbursed for essential purchases (like clothing and toiletries) up to $100 per day for up to three days.
Purchase protection
If an eligible item you've bought with the Amazon Prime Rewards Visa Signature Card is damaged or stolen within 120 days of purchase, you could be eligible for up to $500 in reimbursement per claim, and up to $50,000 per account.
Extended warranty
Eligible items you purchase with the Amazon Prime Rewards Visa Signature Card, with a manufacturer's warranty of three years or less, can receive an additional year of extended warranty coverage.
Visa Signature concierge
The Visa Signature concierge can help you arrange things like hard-to-get restaurant reservations or theater tickets. It doesn't cost anything to use the service, but any third-party costs are your responsibility.
Travel and emergency assistance services
If you're away from home and run into trouble, you'll have access to a travel and emergency assistance hotline that can help arrange things like legal and medical referrals, prescriptions, translation services, and more. Keep in mind any third-party costs are your responsibility.
Roadside dispatch
Cardholders have access to a 24/7 roadside dispatch hotline which can help you arrange services like towing, winching, or jumpstarting. The dispatch service itself is free, but you'll be charged for any services rendered.
Travel accident insurance
When you pay for your air, bus, cruise, or train transportation with the Amazon Prime Rewards Visa Signature Card, you're eligible for accidental death or dismemberment coverage of up to $500,000. Be sure to read the terms and conditions for details on what's covered.
- 5% cash back at Amazon and Whole Foods is hard to beat
- Earns 2% cash back on other popular categories (restaurants, gas stations, drugstores)
- No annual fee (though you have to be an Amazon Prime member)
- Other cards offer higher cash-back rates on non-Amazon purchases
- 5% Back at Amazon.com and Whole Foods Market with an eligible Prime membership*
- 2% Back at restaurants, gas stations, and drugstores
- 1% Back on all other purchases
- No annual credit card fee
- No foreign transaction fees
Fees and costs
The Amazon Prime Rewards Visa Signature Card doesn't have an annual fee as long as you have an Amazon Prime membership, and it doesn't add foreign transaction fees, so it's a good choice for international purchases.
Read more: The best credit cards with no foreign transaction fees
Like most cards, there are fees for balance transfers, cash advances, late payments, and returned payments.
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