Does The Amazon Visa Card Cost Money?

When you are approved for the card, Amazon will give you a $50 gift card.

There is no annual fee, no foreign transaction fees, no earning cap, and your points never expire.

Is the Amazon Visa card worth it?

The 5% rewards rate on Amazon purchases and the $70 gift card you get once approved are both great rewards that are tough to beat by any other offer currently on the market. Keep in mind that it’s probably not worth it for you to sign up for Amazon Prime just to get the Amazon Prime Rewards Visa Signature Card.

How does Amazon Rewards Visa card work?

The Amazon Rewards Card is a straightforward cash back card, which earns users a rebate on all their purchases. Cardholders get 3% back for purchases made at Amazon.com, 2% cash back at gas stations, restaurants and drugstores, and 1% back on all other purchases.

What’s the catch with the Amazon credit card?

There is a small catch: The 5% cash back benefit, which also applies to Amazon.com purchases, is only available to active members of Amazon Prime, a subscription program that offers free two-day shipping, access to streaming video and music, and a variety of other Amazon-specific perks for $119 a year.

Can I use my Amazon Visa card anywhere?

Amazon Prime Rewards Visa Signature Card

You can use these cards anywhere Visa cards are accepted, and you’ll earn rewards when you do, but you’ll get the most rewards value from these cards when you’re shopping on Amazon.

Does applying for Amazon card hurt credit?

1 Answer. Getting rejected for a credit card does not impact your credit score. However, applying for a credit card, whether or not you are approved, does impact your score temporarily. Each time your credit report is accessed by a creditor, an “inquiry” instance appears on your credit report.

Is Amazon credit card hard to get?

You will have a difficult time getting the Amazon Store Card with no credit history. According to the Amazon.com website, you will need the following minimum credit scores to have a likely chance of being approved: Excellent (720+); Good (680); and Fair (640). You can only use the card only for Amazon.com purchases.

What happens to my Amazon credit card if I cancel Prime?

Canceling Prime while using an Amazon Prime Rewards card

When your current membership expires, Amazon will bill the annual membership fee to your account automatically. The card can still be used for Amazon purchases, however, and still provides access to special financing offers.

Can you withdraw cash from Amazon credit card?

If you want to get cash against your cash credit limit, this should act just like withdrawing cash from any ATM accepting Visa cards – you dip your card, enter PIN, and withdraw cash up to your available limit. I have not really used cash withdrawal using Amazon or any other credit card.

What is the credit limit for Amazon credit card?

When opening the card, as with any secured card, consumers must make a refundable security deposit with Amazon’s partner on the financial product, Synchrony Bank US:SYF. That deposit will then represent the card’s credit limit. Consumers can establish credit lines ranging from a minimum of $100 to a maximum of $1,000.

What happens if I never use my Amazon credit card?

It will impact your credit score, but typically very minor – paying one bill late is much worse. It reduces your average credit card age, which is a minor contributor to credit score. The disadvantages are: you are giving them your address and name, and implicit permission to spam you with mail, email, etc.

Is it worth getting a Amazon credit card?

With so many different credit cards to choose from, many shoppers are left wondering which, if any, might be worth getting. The card that will best suit most consumers is the Amazon Prime Rewards Visa Signature Card. The only drawback is that it’s exclusive to Prime members, who must pay $119 per year for membership.

How can I get an Amazon card?

To apply for a credit card:

  • Search the Credit Card Marketplace for a credit card you’d like to apply for.
  • Click Apply now. You’ll be redirected to the credit card application on the financial institution’s website.
  • Fill in the credit card application and click Submit application.

How long does it take to get approved for an Amazon credit card?

Amazon Rewards Visa Signature Card Approval Process

If your application isn’t instantly approved, you’ll be informed of the application status after Chase has completed the review process, usually within 2 to 4 weeks after applying.

What credit score do you need to get Amazon Visa card?

660 – 720

How do you get approved for Amazon Visa card?

To learn more about the approval process, go to Amazon Rewards Visa Signature Card Approval Process. If your new cardmember offer is an Amazon.com Gift Card, it will be loaded into your Amazon.com account automatically upon approval of your application. To view your gift card balance, go to Gift Card Balance.

What credit score do you need for Amazon Prime visa?

Amazon Prime Rewards Visa Signature Card Credit Score

Amazon reports that you’re “more likely to be approved” for their Prime Rewards Siganture card with a score of 640 or higher. There are user reports of being approved with a score as low as 600.