Amazon Prime Credit Card Benefits

• The moment your credit card is approved, you receive an instant $100 gift.
• There is no transaction fee abroad: one of the great advantages for those who are planning to travel outside the country. It is common for credit cards to charge a 3% fee on transactions made overseas, but there is no such fee on Amazon Credit Card.

• Still about travel, the Amazon credit card guarantees consumer and travel protection, and can be very useful to make your purchases safely and peacefully, such as purchase protection and extended warranty protection.

It also covers delays and loss of luggage, as well as accidents that may occur on the trip.

Current sign-up bonus

The sign-up bonus offered by Amazon Credit Card has drawn a lot of attention. Amazon is currently offering a $100 gift card just for having your card approved.

Also, a $150 gift card upgrade was made immediately after card approval. Additionally, the unlimited rewards program was 10% off select products on Amazon Prime Day.

This benefit could make Amazon Prime Day the perfect shopping day for all Amazon Prime Card Visa users. So if you’re not in a hurry, wait for Amazon Prime Day and apply for your credit card to get all these extra benefits.

It’s worth remembering that you don’t need to have a minimum spend to receive your bonus, getting it as soon as your credit card is approved. This intro bonus is also enough to pay for your Prime membership for a year.

Reward plan

People who shop on Amazon on a regular basis are the most benefited with this credit card. It offers one of the most profitable plans for shopping on Amazon. For every $2,380 a year you spend on Amazon, you get your Prime membership back, which is about $199 a month.

How to win

As stated earlier, all purchases made on Amazon or Whole Foods offer 5% cashback, plus an additional 2% at restaurants, gas stations and drugstores and 1% on other purchases.

The 5% cashback on Whole Food is a great benefit to buying food on the spot, offering a great reward. Additionally, it is common for Amazon to publish exclusive, limited-time offers for Prime Card users, with a 10-25% return on select items.

All of these benefits make the Amazon credit card competitive with other cards on the market.

How to rescue your returns?

By receiving your rewards, you are earning points. You can spend your points in the following ways: cashback, travel, Amazon shopping or gift cards.

There is no minimum balance required to redeem your cashback on Amazon, but I have to be honest and say that there is a long list of things you cannot buy with your points.

Unfortunately, many of these items that cannot be purchased with points on your Amazon card are things you would probably want to buy at some point, like music, videos, and Kindle.

Depending on what you want to buy with your points, a refund may be the best option.

Amazon Prime Card Credit Score

The Amazon Prime Visa credit card is suitable for consumers who have an adequate or good credit rating. It is recommended that you have a FICO rating of over 640 points, but there are people who have achieved it with lower points, although this is not guaranteed.

Is this credit card ideal for you?

To find out if this credit card will be useful for you, just analyze if you usually shop at Amazon and groceries at Whole Foods. If the answer is yes, then for sure Amazon Prime Visa will be great for you.

The 5% cashback offered is one of the best cashback offers found on credit cards and usually with spending limits on the cashback amount, which is not the case with this credit card.

So, if you meet the requirements and think this might be a good offer for you, apply for your Amazon Credit Card as soon as possible!