Amazon Prime Rewards Visa Signature Card Review

Amazon Prime Rewards Visa Signature Card is a store cashback credit card issued by Chase Bank. If you're wondering whether Amazon Prime Rewards Visa Signature Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• Generous reward rate. You will get a cashback rewards rate of up to 5%.
• Competitive APRs. Amazon Prime Rewards Visa Signature Card has a variable purchase APR that ranges from 15.74% up to 23.74%.
• No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• 5% Balance transfer fee. Amazon Prime Rewards Visa Signature Card charges a fee of up to 5% on balance transfers. For example, a balance of $1,000 could cost up to $50 in transfer fees. The minimum fee is $5.
• $0 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
• Gas rewards. Earn up to 2% for every $1 you spend on gas.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, emergency support, extended warranty protection on purchases, purchase protection, travel accident insurance, travel assistance, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

Amazon Prime Rewards Visa Signature Card Pros and Cons:

The Good

The Bad

Earn 5% Back at Amazon.com and Whole Foods Market with an eligible Prime membership. Lower than average purchase APRs. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Access to a concierge. Extended warranty on purchases. Free access to your credit score. Travel accident and travel assistance insurance. No foreign transaction fee. Earn rewards on every purchase. Amazon Prime Rewards Visa Signature Card reports to multiple credit bureaus.

Requires good to excellent credit. Does not offer a signup bonus. Does not offer rewards or cash back. Charges a 5% balance transfer fee.

Is there a Amazon Prime Rewards Visa Signature Card cash back or rewards program?

No, Amazon Prime Rewards Visa Signature Card does not offer a rewards program. Amazon Prime Rewards Visa Signature Card is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Amazon Prime Rewards Visa Signature Card you receive 1% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 5% for purchases in a bonus category.

What are the Amazon Prime Rewards Visa Signature Card benefits?

Amazon Prime Rewards Visa Signature Card provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Travel Accident Insurance
• No blackout dates when redeeming miles
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Amazon Prime Rewards Visa Signature Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Amazon Prime Rewards Visa Signature Card has lower than average purchase APRs.

Amazon Prime Rewards Visa Signature Card has a variable purchase APR that ranges from 15.74% up to 23.74%. The card has a variable balance transfer APR that ranges from 15.74% up to 23.74%. It also has a variable cash advance APR of 26.49% .

What are the Amazon Prime Rewards Visa Signature Card fees?

The following fees apply to Amazon Prime Rewards Visa Signature Card:

Amazon Prime Rewards Visa Signature Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $39
Late Payment Fee	up to $39

Does Amazon Prime Rewards Visa Signature Card report your account activity to credit bureaus?

Amazon Prime Rewards Visa Signature Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Amazon Prime Rewards Visa Signature Card

• Visit the Amazon Prime Rewards Visa Signature Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.