Amazon Rewards Visa Signature Card Review (2024)

FAQs

What is the credit limit for Amazon Prime Rewards Visa Signature card? ›

The minimum credit limit on the Amazon Prime Rewards Visa Signature Card is $500, but your credit limit will depend on your credit score and income. You may request an increase in credit limit by calling Chase's Amazon.com credit card customer service at (888) 247-4080 to be connected to a representative.

The Amazon Prime Rewards card doesn't charge an annual fee, but you'll have to pay up for an eligible Amazon Prime membership to earn the full 5 percent back for Amazon.com and Whole Foods Market purchases if you don't already have one (otherwise, you only get 3 percent back).

The Amazon Rewards Visa Signature Card* is one of two credit cards offered by Chase in partnership with Amazon.com. With the card, you'll earn 3% cash back on Amazon purchases.

Yes, applying for an Amazon card does hurt your credit score by a small amount. When you apply for either the Amazon.com Credit Card or the Amazon.com Store Card, you must authorize a hard pull of your credit, which will temporarily drop your credit score by 5 to 10 points.

The Amazon Prime Secured Card lets users build credit while they earn 2 percent back on eligible Amazon purchases. A security deposit of at least $100 is required to get started, and this card helps you build credit when others won't.

Visa Signature Cards

You can begin qualifying for select Visa Signature credit cards with a 670+ credit score. However, some cards require a 740 credit score to have the best approval odds.

The Amazon Credit Card can be used at Walmart. But that applies only if you have the Visa version of the Amazon Credit Card (you can find the Visa logo on its front). And it's not only Walmart, it's pretty much any merchant, anywhere in the world.

The Amazon.com Credit Card credit score requirement is 700 or better. That means people with at least good credit have a shot at getting approved for this card. The Amazon.com Store Card, on the other hand, requires a 640+ credit score (fair credit).

Typically, you can qualify for Synchrony's Amazon store cards with a fair credit score (580 to 669). On the other hand, you'll likely need at least a good credit score (670 to 739) to qualify for one of the Amazon Visa cards from Chase.

The card can be used anywhere that accepts Visa. It offers 5% cashback on all items purchased on Amazon and at Whole Foods markets. Newcomers get a $200 Amazon Gift Card instantly upon credit card approval. 2 Cardholders may also select a card design featuring either Amazon or Whole Foods.

Can I use my Amazon Signature Visa card anywhere? ›

The Amazon Prime Rewards Visa Signature Card is issued by Chase and is "open loop," meaning it's accepted anywhere that takes Visa, not just at Amazon. The annual fee is $0, but to get it you must be an Amazon Prime member.

Yes, the Amazon Store Card will do a hard pull, also known as a hard inquiry, which may cause your credit score to temporarily go down a few points. You will need a credit score of at least 640 to get it, which is on par with what most store cards require.

It's generally recommended that you have two to three credit card accounts at a time, in addition to other types of credit. Remember that your total available credit and your debt to credit ratio can impact your credit scores. If you have more than three credit cards, it may be hard to keep track of monthly payments.

The Amazon Secured Card and Amazon Prime Secured Card, issued by Synchrony Bank, are unique credit cards each with two sets of features – the Secured Card features and the Store Card features.

A good APR is around 16%, which is the current average for credit cards. People with bad credit may only have options for higher APR credit cards. Some people with good credit may find cards with APR as low as 12%. A good starting point is looking for credit cards with 0% interest intro periods of up to 21 months.

The qualifications needed to obtain a Visa Signature card vary depending on the financial institution that issues the card. But per Visa, in some cases you may need good or excellent credit to obtain a Visa Signature card.

When you compare Visa vs. Visa Signature, the biggest difference is that Visa Signature cards have more benefits. All Visa credit cards come with benefits such as rental car insurance, roadside dispatch and emergency card replacement.

Visa Infinite is the highest level of Visa-branded credit cards, above Visa Signature and Visa Traditional. There are only a few Visa Infinite cards in the U.S., as they're typically only the most high-end credit cards offering the best benefits of any card on the Visa network.

Can I use my Amazon credit card at Target? ›

Store cards include the Amazon Prime Store Card, Amazon Store Card, Target RedCard and Walmart Rewards Card. These cards can only be used in-store and online at Amazon, Target and Walmart properties, respectively.

No, you cannot use your Amazon.com Store Card anywhere you want. The Amazon.com Store Card and the Prime version can only be used to make purchases at Amazon and their affiliates.

The Amazon Store Card and Amazon Secured Card can be used on most purchases on Amazon.com with the exception of a few items and services, listed below. The cards can also be used at Amazon-branded physical stores.

It's recommended you have a credit score of 620 or higher when you apply for a conventional loan. If your score is below 620, lenders either won't be able to approve your loan or may be required to offer you a higher interest rate, which can result in higher monthly payments.

When you apply for a new card, the credit company may perform a hard pull of your credit report for review as part of the approval process. The inquiry on your credit history may lower your score but generally the impact is low on your FICO score (for most, this means fewer than 5 points).

It is not hard to get the Target Credit Card, though it's not especially easy, either. The Target Credit Card is available to people with fair credit or better, which means that most people should have a shot at approval but there are also plenty of people who won't qualify.

The RedCard credit cards (Target Credit Card and Target Mastercard) are issued by TD Bank USA, N.A. The RedCard debit card is issued by Target Corporation. Mastercard is a registered trademark of Mastercard International, Inc. Pat 7,562,048 and 8,117,118.

Note: If you wish to order a gift card or a downloadable product, you must wait until you receive the physical Card in the mail, which can take up to 10 business days, because you will be prompted to enter the full Card account number.

What are the JCPenney Credit Card requirements for approval? The JCPenney Credit Card requirements for approval include having a credit score of at least 640 (fair credit), and enough income to make monthly minimum payments.

Amazon Rewards Visa Signature credit cards are issued by JPMorgan Chase Bank, N.A. Member FDIC. Accounts subject to credit approval. Restrictions and limitations apply. Offer subject to change.

Is Amazon credit card synchrony bank? ›

The Prime Store Card and Amazon Prime Secured Card are governed by the same Synchrony Bank terms and privacy policy as the Amazon Store Card and Amazon Secured Card, respectively.

Yes, the Amazon.com Credit Card is safe. This card is issued by Chase on the Visa network and has standard security features such as $0 fraud liability protection and a 3-digit security code printed on the back.

Yes, you can use your Visa® Credit Card to obtain cash from any ATM that displays the Visa® logo.

Does the Amazon Prime Rewards credit card have an annual fee? There's no annual fee for the card, but you have to be an Amazon Prime member to apply for it and Prime membership costs $139 a year.

Manage your Amazon Store Card or Amazon Secured Card securely with the Amazon Store Card app. The Amazon Store Card and Amazon Secured Card are issued by Synchrony Bank.

Does Amazon BNPL Affect Your Credit Score? No, the service doesn't impact your credit score in any way, which can happen with other BNPL apps. However, your payment activity on the credit card linked to the service can affect your credit score.

The Amazon.com Credit Card cash advance fee is 4% (min $5) per transaction, whichever is higher. A cash advance fee is charged when using Amazon.com Credit Card card for cash withdrawals at an ATM, with a cash advance check, or in person at participating locations.

Over the phone: Call (888) 247-4080 and follow the prompts to activate your new Amazon.com Credit Card. For the Amazon.com Store Card activation, call (866) 634-8379 instead.

Minimum $5,000 Credit Limit — Visa Signature cards are issued with a minimum $5,000 credit limit; for this reason, you must have a good to excellent credit score to qualify.

A signature card usually refers to a credit card on the Visa network that offers the Signature level of benefits. This level of benefits offers additional perks compared to the traditional Visa credit cards.

Which card is better platinum or signature? ›

The main difference between Visa Signature and Visa Platinum is the rewards programs and minimum credit limits. However, if you're looking for a card with cash back ³³, Visa Platinum is your best bet. If you prefer more travel benefits, then you'll love Visa Signature ⁴³.

Yes, the Amazon Prime Credit Card is metal. It is also worth noting that this card is an upgraded version of the Amazon.com Credit Card for cardholders with a Prime membership. This card is also made out of metal.

Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.

So, applying for credit sparingly can minimize credit damage. In general, having six or more hard inquiries is seen as too many. Having this many hard inquiries can significantly impact your score and make lenders more likely to deny you, even if your score is otherwise sufficient.

It is not bad to have a lot of credit cards with zero balance because positive information will appear on your credit reports each month since all of the accounts are current. Having credit cards with zero balance also results in a low credit utilization ratio, which is good for your credit score, too.

Consumers with 800+ credit scores have an average of 8.3 open accounts. High credit score consumers have an average of 8.3 open accounts — similar to the 7.9 we found in 2021.

It's a good idea to pay off your credit card balance in full whenever you're able. Carrying a monthly credit card balance can cost you in interest and increase your credit utilization rate, which is one factor used to calculate your credit scores.

Does the Amazon Prime Rewards Signature Visa Have an Annual Fee? No, the card does not have an annual fee. However, you will be required to purchase an Amazon Prime membership ($139 a year) if you want to open an Amazon Prime Rewards Signature Visa credit card account.

$49 annual fee for Visa Signature® Flagship Rewards.

Once you're approved, you can start shopping online -- even if you don't have a physical card yet. You'll see the option to pay using your Amazon Prime Rewards Visa credit card at checkout. The physical card will follow in the mail for all other purchases.

Does Amazon credit card give you free membership? ›

You won't even get a free Amazon Prime membership with any of the co-branded Amazon credit cards. However, if you are a Prime member and have an Amazon credit card, Amazon has a feature that allows you to pay for your Prime membership with rewards.

On top of those “Visa Traditional” perks, Visa Signature credit cards give you extended warranties, a detailed year-end summary and travel assistance services. Visa Signature have more benefits than regular Visa cards because they're for customers with better credit and more income.

The qualifications needed to obtain a Visa Signature card vary depending on the financial institution that issues the card. But per Visa, in some cases you may need good or excellent credit to obtain a Visa Signature card.

Visa Infinite is the highest level of Visa-branded credit cards, above Visa Signature and Visa Traditional. There are only a few Visa Infinite cards in the U.S., as they're typically only the most high-end credit cards offering the best benefits of any card on the Visa network.

Yes, the Amazon Prime Credit Card is metal. It is also worth noting that this card is an upgraded version of the Amazon.com Credit Card for cardholders with a Prime membership. This card is also made out of metal.

When you apply for a Prime Visa or Amazon Visa, Chase Bank will administer the approval process. If your application is instantly approved, you'll be taken to a page that includes the Cardmember Agreement, the terms of your account, and other important information.

The Prime Visa lets users earn Earn 5% back at Amazon.com, Amazon Fresh, Whole Foods Market, and on Chase Travel purchases with an eligible Prime membership, 2% back at gas stations, restaurants, and on local transit and commuting (including rideshare), and 1% back on all other purchases.

Having multiple credit cards can help—but can also hurt—your credit score. It all depends on how well you manage the cards that you have. No matter how many credit cards you have, the same rules apply: Keep your balances low, and always pay bills on time.

If you want to cancel your Amazon.com Store Card, you will have to call (866) 634-8379 instead; the store version of this card is issued by a different bank. There is no fee associated with closing your account, but you will have to repay any outstanding balances.