Amazon is a well know name in the “Online Shopping” market, all around the world. But, after they launched their first Credit Card in 2015, we started to see their name in the Credit Card market as well. Now, Amazon launched their new Credit Card, called Amazon Rewards Visa Signature Credit Card. Today’s article is to share some interesting facts of Amazon Rewards Visa Signature Credit Cards.

Yes, I said Cards, I wasn’t wrong. This is the Fact number #1, Amazon actually launched two Signature Credit Cards, one for the prime members and other for the non-prime members.

 

Amazon Prime Rewards Visa Signature Credit Card

Amazon Prime Rewards Visa Signature Credit Card

Amazon Rewards Visa Signature Credit Card

Amazon Rewards Visa Signature Credit Card

 

 

 

 

 

 

 

Of course both of these cards serve different reward rates for Prime and non-prime members and I will come to that next. Before I jump into that, are you familiar with different kinds of Amazon Cards? If you are not, it is better to understand that now, instead of getting confused at the Amazon Store.

Amazon Rewards Visa Credit Card and Amazon.com Store Card

Amazon has two different kind of Cards launched so far which are;

Rewards Visa Credit Card and Amazon.com Store Card.

These are specially designed to offer you cash backs for every $ you spend while shopping from Amazon.

The idea behind the cards are pretty simple. With a store card, you can get cash backs only at Amazon.com store.

But, with Amazon Rewards Visa Credit Card, not only you can get cash back form Amazon but, also you can earn rewards everywhere else too.

Amazon Rewards Visa Signature Credit Card

Amazon launched their Signature Credit Cards in January 2017 which of course, comes under the Rewards Visa Credit Card category.

As a new card, people have a lot of questions about it and I see it in many places at online. That is what finally brought me to write this article.

Amazon Rewards Visa Signature Credit Card - Rewards Rates

Amazon Rewards Visa Signature Credit Card – Rewards Rates

I will be sharing some interesting facts about the Amazon Rewards Visa Signature Credit Cards, but before we jump into that list, let me show you what you can expect from this article or what are the possible outcomes of this article.

Possible Outcomes of this article

Every time I write an article, I pick one topic and focus on what people wants to know in that particular subject or topic. I do a thorough research to find it, in order to give you an honest review.

Here also, I came up with some questions that people have been asking about Amazon Credit Cards.

So, the main goal of this article is obviously, to answer all of that questions.

Is Amazon Credit Card a worth getting?

Is it the right Credit Card for me (I mean you)?

Okay, let’s dive into the facts now.

10 Facts about Amazon Rewards Visa Signature Credit Cards

#1 There are two different Cards

Like I said in the beginning, Amazon launched two different Signature Credit Cards;

  • Amazon Prime Rewards Visa Signature Credit Card: As the name implies, it is specially designed for Amazon Prime Members.This Credit Card combines the best features of Amazon Prime Store Card and the existing Amazon Credit Card.You will understand the benefits of being an Amazon Prime member when you see the rewards rates and perks offered by this card.
  • Amazon Rewards Visa Signature Credit Card: You don’t need to be an Amazon Prime Member to get this Card but it reflects on your Card Rewards Rates and Perks which I will talk soon.

#2 Rewards for Prime Members

Amazon Prime Rewards Visa Signature Credit Card - Rewards Rates

Amazon Prime Rewards Visa Signature Credit Card – Rewards Rates

  • 5% Back at Amazon.com
  • 2% Back at Restaurants, Gas Stations, and DrugStores.
  • 1% Back on all other purchases.

#3 Rewards for Non-Prime Members

Amazon Rewards Visa Signature Credit Card - Rewards Rates

Amazon Rewards Visa Signature Credit Card – Rewards Rates

  • 3% Back at Amazon.com
  • 2% Back at Restaurants, Gas Stations, and DrugStores.
  • 1% Back on all other purchases.

#4 Your Rewards will never expire

This is one of the coolest thing I like about Amazon Rewards as it never expire. You can come back and redeem it anytime with out any restrictions.

How to Redeem your Amazon Rewards?

Now, you know how to earn Amazon Rewards and it it time to see how to redeem your Amazon Rewards. Basically, there are two different ways to redeem your Amazon Rewards that are;

#5 Redeem your Rewards when you shop at Amazon

This makes it more flexible as all of us love shopping at Amazon, right?

Amazon Rewards Visa Signature Credit Card - Redeem Points at Amazon Store

Amazon Rewards Visa Signature Credit Card – Redeem Points at Amazon Store

You will get $1 for every 100 points you redeem towards a purchase at Amazon.

Also, you can apply your rewards towards any purchase in any amount. That means, you can pay either a part or all of your purchase – this is the best part.

Amazon Rewards Visa Signature Credit Card - Shop at Amazon with your Points

Amazon Rewards Visa Signature Credit Card – Shop at Amazon with your Points

Every time when you make a purchase at Amazon, your Rewards Balance will appear on the check out screen.

Let’s say that you don’t have enough points to pay for your purchase, you can pay the additional cost with either an Amazon gift card or your Credit/Debit Card account.

Amazon Rewards Visa Signature Credit Card - Redeem Points Amazon

Amazon Rewards Visa Signature Credit Card – Redeem Points Amazon, Source: Amazon.com

Unlike some of the other Rewards Programs, Amazon Rewards Program doesn’t ask you to redeem at a minimum amount which makes it more convenient to use.

One more thing.

For example, you cancelled the order or returned the item, Amazon will credit your points back to your account.

#6 And You can Redeem Rewards through Chase Bank

This is another way to redeem your Amazon Rewards.

Amazon Rewards Visa Signature Credit Card - Redeem Points through Chase Bank

Amazon Rewards Visa Signature Credit Card – Redeem Points through Chase Bank

Just like any other Bank, Chase offers Banking solutions through many different products such as Credit Cards, Mortgages etc.

Amazon has partnered with Chase to enhance their Credit Card Services, that opens many different ways to redeem your Amazon Rewards.

Amazon Rewards Visa Signature Credit Card - Redeem Points through Chase Bank

Amazon Rewards Visa Signature Credit Card – Redeem Points through Chase Bank

With Chase, you can redeem your points as Cash Backs, Gift Cards, and Travel Rewards.

As you can see, for both cash back and gift cards, you need to redeem a minimum amount of points at Chase.

If you spend it at Amazon, you can redeem any amount of points at your convenience, that is even better.

#7 Variable Annual Interest Rates

Amazon Rewards Visa Signature Credit Card offers variable Annual Interest Rates from 14.74% to 22.74% which depends on your current Credit Ratings.

#8 Annual Fee – You decide it

There is no annual fee for an Amazon Rewards Signature Credit Card. But, in order to get a Prime Signature Credit Card with 5% Back offer, you will need Amazon Prime Membership which costs $99 a Year.

If you don’t have that and not planning to get one, you will 3% Back offer with your Non-Prime Signature Card.

Is it worth being an Amazon prime member?

#9 Great Sign-up Bonus

Sign-up bonuses are great, people love it. When you apply for an Amazon Rewards Visa Signature Credit Card, You will get a $50 Amazon.com Gift Card instantly upon approval. This works for both Prime and Non-Prime Credit Cards.

Amazon Rewards Visa Signature Credit Card - Sign up Bonus

Amazon Rewards Visa Signature Credit Card – Sign up Bonus

#10 Foreign Transaction Fee – you will love it

There is absolutely No Fee for foreign Transactions which is amazing when it is compared to other Credit Cards out there.

Let me answer some questions now

I’m already a Prime Member with old Amazon Visa Credit Card.

If it is you, you will be automatically upgraded to the new Amazon Prime Rewards Visa Signature membership.

And don’t worry about the new Card, your Amazon Prime Rewards Visa Signature Credit Card is on it’s way.

Is Amazon Credit Card a worth getting? Or Is it the right Credit Card for me (I mean you)?

Of course Amazon Rewards Visa Signature Credit Card is worth getting.

A couple of reasons;

If you are an Amazon Prime member, you will get 5% Back for every purchase at Amazon.com. Even if you are not, you get 3% which is not bad, better than your coupons.

I know you love Cash Back, who doesn’t? And you spend a lot of money on Groceries, Gas (if you have a Car!), etc, 2% cash back for these category is not bad either.

Moreover, you get 1% Cash Back anywhere else you spend with your Amazon Credit Card.

Amazon Credit Card is a worth getting – I know that I don’t have to say it again.

Amazon Prime Rewards Visa Signature Credit Card - The right Credit Card for you

Amazon Prime Rewards Visa Signature Credit Card – The right Credit Card for you

It is not over yet. There is no Fee for foreign transactions and not even Annual Fee which is amazing.

Did you feel the same?

Then, Amazon Rewards Visa Signature Credit Card is the right Credit Card for you.

In Conclusion

You should stop looking for Coupons for your Amazon Purchases anymore. You know what, if you are an Amazon Prime Member, you will definitely get more value in return than using a coupon.

Also, it is a lot convenient and flexible to use. You will love it.

Apply for Amazon Credit Card

 

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