Amazon Rewards Visa Signature Card Rewards, Benefits, and Pros and Cons.

Amazon Rewards Visa Signature Card gives rewards on online purchases at the shopping site and also at the Whole Foods Market, which the company owns.

Amazon Rewards Visa Signature Card

Also, there are tiered bonus rewards at gas stations, restaurants, and drug stores as well. The credit card has no annual fee and you get a $50 Amazon Gift Card upon approval.

The Amazon Rewards Visa card is being issued through Chase, and it has great rewards. Just like:

  • 5% back on every purchase you make on Amazon at Whole Foods
  • 2% back at gas stations, restaurants, and qualifying drug stores.
  • 1% on every other purchase.
  • Also, when you sign up, Amazon throws in a $70 gift card bonus.

Users will also get benefits from the Amazon Visa Signature Luxury Hotel Collection and some travel coverage as well, not excluding a damage waiver on auto rentals.

It has no foreign transaction fee, so you can also make use of it outside the United States of America without having to pay any additional fee.

Be careful of carrying a balance since its APR is high.

Rewards

  • 5 percent cash back on Amazon and also at Wholefoods.
  • 2 percent back at gas stations, restaurants, and qualifying drug stores.
  • 1 percent cash back on every other purchase.
  • $119 Amazon Prime membership annual fee.
  • Variable APR – 15.74 to 23.74 based on your credit score though.

Pros and Cons of The Amazon Rewards Visa Signature Card

Below are some of the advantages and disadvantages of the Amazon Rewards Visa Signature Card:

Pros:

Different strong benefits for a no-fee card.
3% rewards on Amazon and Whole Foods spending then 5% for Prime members.

Cons:

The greatest reward needs a 4119 Amazon prime membership.
Relatively low one-time offer.

How Do You Maximize Your Rewards?

To maximize your rewards, use the Amazon Rewards Visa Signature card for every one of your purchases at “Amazon.com” and also Whole Foods Market.

And this earns 3 percent in rewards for the regular customers of Amazon. And this is a higher rate than for any types of purchases at all.

However, it can as well be used for other purchases. Not excluding those on food and gas, both as restaurant meals and groceries, both of which earn 2% in rewards.

Amazon Rewards Visa Signature Cards Benefits

The benefits of the credit card include:

  • Roadside dispatch
  • Secondary auto collision-damage waiver for rental cars.
  • Travel and baggage insurance.

Whereas, the standard benefits include:

  • Extended warranty protection.
  • Purchase protection
  • No foreign transaction fee
  • ZVisa Signature Concierge Service.

Amazon Rewards Visa Signature Card vs. Chase Freedom Flex

The Chase Freedom Flex Credit card is a very competitive cashback card that may be great for those who hardly shop exclusively at Amazon.

Also, the signup bonus of the card gives you the chance to earn a $200 Bonus after spending $500 on purchases in your first three months from opening an account.

  • You will as well earn 5 percent cash back on allowed purchases in rotating categories.
  • 5 percent cash back on every travel you buy via Chase.
  • 3 percent cash back on dining and drugstores.
  • 1 percent cash back on every other purchase.

Take Note: the 5 percent bonus cashback is only allowed for up to $1,500 in purchases quarterly.

Though, if you are cool earning 5 percent cash back on Amazon.com during the few months, then you may have to go for the Chase Freedom Flex Credit Card instead of the Amazon Rewards Visa Signature Card.

However, if you are cool with a more predictable reward structure where the categories don’t change, then you should better opt for the Amazon Rewards Visa Signature Card.

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