Deal DetailsLast Edited by tails1030 March 17, 2015 at 10:11 PM
Amazon is currently offering 5% back on all purchases or special financing on purchases over $149.00. This is much akin to the Target Redcard credit card with no annual fee. I personally have the Chase Amazon and this pretty much makes it useless as it's a 3% card at Amazon.com with 2% back at drugstore, gas and restaurants which a card like Double Cash does on everything. Doesn't look like there's a limit on spend as well, on purchases over $149.00 you get the choice between special financing or 5% back as well, no limits on cash back. Cash back will be issued as a statement credit. This offer is only for prime members, current store card members with prime can upgrade their cards to participate in the 5%.
Quote :If you cease to be an Eligible Amazon Prime Member or your Amazon Prime Store Card account is not in good standing, you will not receive the 5% back benefit.
You can only see the $40 offer if you are already a Prime member and signed into your Amazon account.
The Amazon Store Card gives you 5% back on all purchases (except giftcards) at Amazon.com [ONLY]. And you also have the option to choose special financing schemes for purchases worth $149 or more.
The Synchrony Bank (who issue the card) will do a hard pull on your credit when you apply
Invited guests of a Amazon Prime membership are NOT eligible for the 5% back.
For non-Prime members: If you don't have Prime and still want 5% cash back on your Amazon purchases, apply for a Sallie Mae Mastercard. You get 5% back on Gas, Groceries, and at Bookstores (Amazon purchases are coded as a bookstore). You also get a $25 credit after you're approved and make a purchase within 90 days.