The most common type of Amazon Credit Card is the Amazon Prime Rewards Visa Signature Card. It\u2019s backed by Chase Bank (a subsidiary of JPMorgan Chase & Co). If you are an existing Amazon Prime subscriber, then you may qualify for it. Technically, it\u2019s free to own as long as you are a Prime subscriber. You can use it in any establishment that accepts Visa.<\/p>\n\n\n\n
There are also other types of Amazon Credit Cards, which we will also discuss briefly later. However, we will focus on the Amazon Prime<\/a> Rewards card in this article.<\/p>\n\n\n\n Since the Amazon Prime Rewards Visa Signature Card is powered by Chase Bank, the bank handles its revolving credit issues and services. It is similar to the Amazon Rewards Signature Visa Credit card in that aspect, which is its alternative card (also co-branded). Both cards can be used in all establishments that accept Visa.<\/p>\n\n\n\n However, the Amazon Prime Rewards Visa Signature Card has unique benefits that cannot be found in other cards:<\/p>\n\n\n\n Aside from the perks outlined above, it\u2019s a great option if you spend the majority of your budget on grocery and household shopping. This is because you can earn higher rewards specifically if you already spend a lot on Amazon and Whole Foods.<\/p>\n\n\n\n Other benefits are:<\/p>\n\n\n\n For more detailed information on each benefit, click here<\/a>.<\/p>\n\n\n\n The main drawback if you are not yet currently a Prime member is the cost of membership, which is $119 per year. You\u2019d have to spend approximately $200 every month (or $2,380 in a year) to break even with the membership cost.<\/p>\n\n\n\n Again, if you already spend a lot on Amazon and Whole Foods, it shouldn\u2019t be an issue. So consider if the fee and additional perks are worth the initial membership fee investment, in case you\u2019re not yet a Prime member and would like to have the card.<\/p>\n\n\n\n You may apply for the card at Amazon\u2019s Credit Card Marketplace. You will need to fill in the application and submit it for Chase Bank\u2019s approval. Chase Bank will authorize and administer the vetting and approval process of your application, as well as the financial logistics thereafter.<\/p>\n\n\n\n Amazon.com states that \u2018if your application is instantly approved, you’ll be taken to a page that includes the Cardmember Agreement, the terms of your Amazon Rewards Visa Signature account, and other important information.\u2019<\/p>\n\n\n\n If you\u2019re not instantly improved, the bank will reach out to you regarding your status upon reviewing your credit history.<\/p>\n\n\n\n The process typically takes two to four weeks.<\/p>\n\n\n\n Below is a brief overview of the Amazon credit cards you can consider. There are two credit cards for consumers with Amazon credit card rewards, and two as well for small businesses.<\/p>\n\n\n\n This is a consumer card which Amazon offers to those who have an Amazon Prime membership. All of the details we discussed in this article primarily apply to this type of card.<\/p>\n\n\n\n This is also a consumer card and is an alternative to the Amazon Prime Rewards Visa Signature Card, for those who opt to not pay for a Prime membership.<\/p>\n\n\n\n Benefits include:<\/p>\n\n\n\n This is a small business credit card, offered by Amazon to Business Prime members.<\/p>\n\n\n\n Benefits include:<\/p>\n\n\n\n This is also a small business credit card, offered by Amazon to small business owners who opt to not pay for a Business Prime membership.<\/p>\n\n\n\n Benefits include:<\/p>\n\n\n\n If you want to spread the cost of large purchases then there is another option. Amazon now offers monthly payments on certain eligible items. Monthly payments offer you the ability to pay for a purchase in 5 payments. To check if you are eligible for amazon payment plans and which items you can purchase see our guide here<\/a>. <\/p>\n\n\n\n Amazon offers several credit card options to its Prime and non-Prime members. Depending on whether you\u2019re a consumer or a small business owner, you can choose from Amazon\u2019s Credit Card Marketplace for the best option for your needs.<\/p>\n\n\n\n As for the Amazon Prime Rewards Visa Signature Card and the Amazon Rewards Visa Signature Card, they\u2019re generally great options if you purchase a lot on Amazon and Whole Foods, because then you can actually save money through cashbacks and rewards. However, if you rarely shop at Amazon or Whole Foods, then an Amazon credit card may not be the best option for you.<\/p>\n\n\n\n We hope this article helps you find the best suitable option for you if you\u2019re looking to get an Amazon credit card soon.<\/p>\n","protected":false},"excerpt":{"rendered":" What is an Amazon Credit Card? The most common type of Amazon Credit Card is the Amazon Prime Rewards Visa Signature Card. It\u2019s backed by Chase Bank (a subsidiary of JPMorgan Chase & Co). If you are an existing Amazon Prime subscriber, then you may qualify for it. Technically, it\u2019s free to own as long …<\/p>\n<\/a>How Is It Different From a Traditional Credit Card?<\/h2>\n\n\n\n
<\/a>What Are the Benefits of Getting an Amazon Credit Card?<\/h2>\n\n\n\n
<\/a>What Are the Drawbacks of Getting an Amazon Credit Card?<\/h2>\n\n\n\n
<\/a>How Do I Get an Amazon Credit Card?<\/h2>\n\n\n\n
<\/a>What Are the Various Types of Amazon Credit Cards Available?<\/h2>\n\n\n\n
<\/a>Amazon Prime Rewards Visa Signature Card<\/h3>\n\n\n\n
<\/a>Amazon Rewards Visa Signature Card<\/h3>\n\n\n\n
<\/a>Amazon Business Prime American Express Card<\/h3>\n\n\n\n
<\/a>Amazon Business American Express Card<\/h3>\n\n\n\n
Pay Later Options<\/h2>\n\n\n\n
Final Thoughts<\/h2>\n\n\n\n