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Amazon's Prime Rewards Credit Card Now Offers 5% Back on Amazon.com Purchases

New and existing cardmembers get upgraded savings and the Visa Signature treatment.
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As an Amazon shopper, part of the checkout process involves an ad that offers a $70 gift card upon approval of an Amazon Rewards Card. Well, that offer just became a little bit harder to resist today as Amazon and Chase Bank announced the new Amazon Prime Rewards Visa Signature Card which gives you 5% back on all Amazon.com purchases for Prime members.

Existing Amazon Rewards cardholders with an eligible Prime membership will automatically be upgraded to this new card and can take advantage of the 5% back immediately, along with other Visa Signature benefits like no foreign transaction fees, 2% back at restaurants, gas stations and drugstores, and 1% back on every other purchase.

Rewards are earned as points that can be redeemed on Amazon's website during the checkout process, or if you've collected over 2,000 points, you can request a statement credit or electronic deposit.

The physical card also gets a refresh, sporting a new look and metal construction.

Key Benefits of the new Amazon Prime Rewards Visa Signature Card:

  • 5% Back on all Amazon.com purchases
  • 2% Back at restaurants, gas stations and drugstores
  • 1% Back on all other purchases
  • No cap on rewards earned
  • Rewards never expire and are redeemable on hundreds of millions of products at Amazon.com
  • No foreign transaction fees when traveling abroad or for cross-border shopping
  • No annual credit card fee
  • Zero fraud liability
  • Benefits including travel and purchase protections, as well as 24/7 concierge service, through Visa Signature

This is a nice card to have if Amazon is one of your major shopping destinations, but keep in mind that you must be a Prime member ($99 annual fee) in order to get 5% back (non-Prime members get 3% back). And even though it's a Chase co-branded card, your points do not transfer to the Ultimate Rewards program used by other premium Chase credit cards.

To learn more about the Amazon Prime Rewards Visa Signature Card, visit: amazon.com/PrimeRewardsVisaCard.

Update: this article previously incorrectly stated that points from the Amazon Prime Rewards Visa Signature card could be transferred into the Ultimate Rewards program. Points from co-branded cards cannot be transferred to Ultimate Rewards.



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10 Comments

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Joined Nov 2009
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#2
Anyone got feedback on getting approved and your credit rating at the time?
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Joined Sep 2016
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#3
Has anyone gotten approved with a 650 credit score or less?
I don't want a negative pull on my credit
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Joined Jan 2015
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#4
Is this worth it if I have a few Ultimate Rewards Chase credit cards? This wouldn't transfer points into Ultimate Rewards ( I have the Reserve so they all get 1.5x value), but I do shop through Amazon a lot.
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Joined Nov 2016
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#5
One of my scores is 640 and I got approved for 2500! Just for reference my income is 85-95k I'm sure that probably helped I expected a smaller amount lol.
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Joined Aug 2011
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#6
I wonder, if this is a partnership with Chase, can we transfer the points to other Chase cards like the Sapphire?
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Joined Nov 2013
L3: Novice
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#7
I have the regular Amazon Visa but don't have prime and shop every so often on Amazon, but if I had Prime I probably would probably do more shopping because of the added deals and shipping. So is it worth it to get prime for this 5% reward?
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Joined Aug 2011
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#8
Would I get the 5% reward if I am a family member of an Amazon Prime member ?
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Joined Sep 2015
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#9
will this be a hard pull on your credit or soft pull?
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Joined Mar 2016
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#10
Quote from montubhardwaj
:
will this be a hard pull on your credit or soft pull?
A HP of course.
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#11
Great. Now another Credit Card for the FP.
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