Is The Amazon Gift Card Worth It?

All things considered, if you’re someone who shops a lot on Amazon and/or if Whole Foods is your go-to grocer, it’s worth considering one of the Amazon Rewards cards — especially if you’re a Prime member.

Annual fee: $119 Amazon Prime membership.

Bonus: $70 Amazon gift card.

Which Amazon card is better?

Amazon rewards card vs. Amazon Prime rewards card

Amazon Rewards Visa
ProsNo membership fee required Offers higher rate on Amazon purchases than most cards Easy to redeem your cash back
ConsThere are a few cards with a better overall cash back rate

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Is sending an Amazon gift card safe?

Amazon gift cards can only be used on Amazon, and never can be used as a legitimate payment to other businesses and individuals. To avoid this scam: Simply ignore the caller or emailer, and never use Amazon gift cards with companies and people outside Amazon.com.

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.

What bank is Amazon credit card through?

Synchrony Bank

What is the difference between the Amazon store card and the Amazon credit card?

Another important difference is that you don’t have to be an Amazon Prime member to apply. And like its store card counterpart, the Amazon.com credit card doesn’t charge an annual fee, either. Better yet, you can use the Amazon credit card anywhere Visa is accepted – and not just at Amazon.com.

Does Amazon do a hard credit check?

Amazon Store Card is through GE Money. Yes, they do. Generally though you’ll only see it on one or two reports. Credit bureaus see this as just credit card shopping, so will hit your score only once as a single hard inquiry.

What credit score is needed for an Amazon card?

A score of 640 or higher is the credit score needed for Amazon Store Card. Of course, the better your score is, the higer your approval odds.

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.

Is Netflix free with Amazon Prime?

No. They don’t. Netflix and Amazon Prime, both are completely different services with different ownership. They don’t collude or collab in any way so there is no way you can get one free if you buy the other service.

Can you use an Amazon credit card anywhere?

But the Amazon.com Store Card can only be used at Amazon, while those other cards can be used anywhere credit cards are accepted.

What are the benefits of an Amazon credit card?

Rewards: 5 percent back on Amazon and at Whole Foods, 2 percent back at restaurants, gas stations and qualifying drug stores, 1 percent on all other purchases. Annual fee: $119 Amazon Prime membership. Bonus: $70 Amazon gift card. Variable APR: 15.74 to 23.74 percent based on your credit score.

Is an Amazon store card a credit card?

The Amazon.com Store Card is issued by Synchrony Bank, and offers special financing plans for large Amazon purchases. As a retail store credit card, the Amazon card will be relatively easy to qualify for, compared to general-use reward credit cards.

How do you use an Amazon card?

Redeem a Gift Card

  • Locate the claim code. Note: For plastic gift cards, you may need to scratch off the coating on the back of the card to reveal the claim code.
  • Go to Your Account.
  • Click Apply a Gift Card to Your Account .
  • Enter your claim code and click Apply to Your Balance. Note: You can also enter your claim code during checkout.

How many credit cards is too many?

Key Takeaways. Having a lot of credit cards can hurt your credit score if the total amount you owe exceeds 30% of your credit limit. Holding multiple cards also hurts your credit score you make late payments or if you open many accounts in too short a time.