Is the Amazon Store Card a Credit Card? (2024)

FAQs

Does Amazon Store Card count as a credit card? ›

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. The two credit features have some different rates, fees and rewards.

The Amazon Rewards Visa Signature Card is nearly identical to the card designed for Prime members, for which cardholders only receive a 3% rebate on purchases. You must have a good credit score of at least 670 to be considered for either of the co-branded Amazon Signature Visa cards.

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.

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.

Like all credit cards, store cards are examples of revolving credit. With revolving credit, you can make purchases and pay down the balance later in a billing cycle. And if your card issuer reports your use of the card to the credit bureaus, your card should appear on your credit reports.

A store card is a credit card you can only use with one high street chain or group. Like a credit card, you can use a store card to buy things on credit and pay them off at the end of the month or in stages to spread the cost. And just as with a credit card, you'll be charged interest if you don't repay in full.

To get approved for this card, you'll need to have a good credit score of at least 670, though having a higher one certainly won't hurt your chances.

The Amazon Prime Rewards Visa Signature Card is issued by Chase Bank. It can be used on any purchase and is available only to people with an Amazon Prime subscription.

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).

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.

How many credit cards is too many to have open? ›

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.

Proceed to checkout through your Shopping Cart. Select your Amazon Store Card or Amazon Secured Card as the payment method. Select your desired special financing or equal monthly payments offer for your order. Once your desired financing offer is selected, complete your checkout.

The Store Card is available to customers with an Amazon.com account, subject to credit approval. The Prime Store Card, an upgrade from the Amazon Store Card, is available to customers with an Eligible Prime Membership only, subject to credit approval.

The Amazon.com Store Card annual fee is $0, making it free to use if you pay your balance in full and on time every month. The combination of no annual fee and great cash back rewards on Amazon purchases makes the Amazon.com Store Card a good option for Amazon Prime members.

Using a store credit card responsibly can help you build a credit history and improve your credit score. Even if you're making payments on time, the low limits on store credit cards can make building credit a slower process.

Limit your spending Because store cards and clothing accounts are tied down to a particular store or retailer, you're less likely to use it as much as a credit card which is generally accepted at most stores. This means that it will lower the risk of you overspending.

Yes, closing credit cards, including a store credit card, can hurt your credit score. This is due to the fact that your score considers a few key factors, including your credit mix, credit utilization ratio and credit age.

And, like typical credit cards, usage is reported to the three major credit bureaus, Experian, Equifax, and TransUnion. However, if approved, you must follow good financial habits to reap the potential credit benefits of a store card.

What are the advantages of a store card? ›

Membership Perks

Apart from general in-store or online discounts, many store credit cards offer membership perks. Cardholders may be able to return items without a receipt or take advantage of extended returns, attend members-only events, enjoy free shipping, or access financing and installment plan options.

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.

The rates and fees for the Amazon Prime Rewards card are standard, but the “no annual fee” comes with an important footnote. You must have an Amazon Prime membership to get the card, which is currently $14.99 per month or $139 each year (if you opt to pay for a whole year at once).

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.

The Amazon Prime Store Card from Synchrony and the Amazon Prime Rewards Visa Signature card from Chase each offer 5% back on Amazon.com purchases, but the latter card also comes with 2% back on restaurant, gas station and drugstore purchases and 1% back on all other purchases.

Yes, you can get approved for an Amazon credit card with bad credit. The Amazon credit card for people with bad credit is the Amazon.com Secured Credit Card, which has a $0 annual fee, reports to the major credit bureaus each month, and does not have a minimum credit score requirement.

You need a credit score of 640 or higher to qualify for a Capital One Walmart Rewards® Mastercard®. This implies that those with average to exceptional credit are more likely to get approved for the Walmart Credit Card.

You will need a minimum Cibil Score of 750 and above to apply for the Amazon Pay ICICI Credit Card.

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.

You cannot add an Amazon.com Store Card authorized user, unfortunately. While Amazon does allow members of the same household to share payment methods by linking their accounts together, that's not the same as adding an authorized user.

Can you use Amazon secured credit card anywhere? ›

The Amazon.com Secured Credit Card can only be used on the Amazon website and at Amazon's physical stores, and it does not offer any rewards unless you are a Prime member. Cardholders with an eligible Prime membership receive 2% back in rewards on Amazon purchases.

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.

There's no such thing as a bad number of credit cards to have, but having more cards than you can successfully manage may do more harm than good. On the positive side, having different cards can prevent you from overspending on a single card—and help you save money, earn rewards, and lower your credit utilization.

There is no universal number of credit cards that is “too many.” Your credit score won't tank once you hit a certain number. In reality, the point of “too many” credit cards is when you're losing money on annual fees or having trouble keeping up with bills — and that varies from person to person.

2. You can only use the cards for Amazon purchases. Both versions of the Amazon Store Card are closed-loop, which means they can only be used at Amazon.com, Amazon-owned businesses (including Audible, Amazon Bookstore, Amazon Web Services and comixology.com), and places that accept Amazon Pay.

Unfortunately, you cannot get an Amazon.com Store Card cash advance. This card can only be used for purchases and only at Amazon.com and merchants that accept Amazon Pay. The fact that Amazon.com Store Card cash advances are not an option might actually be a blessing in disguise.

The rates on a store credit card tend to be much higher than those associated with traditional credit cards. If you aren't careful, you could end up paying a lot of interest. Con #2: They can harm your credit score.

The Amazon.com Store Card works like any other credit card. That means you can make purchases on the card, and you can pay your balance either in full, or over time. The difference is that the Amazon.com Store Card can only be used to make purchases on Amazon.com and certain Amazon-affiliated markets.

Can you go over limit Amazon Store Card? ›

You cannot normally go over your Amazon Store Card credit limit. The issuer, Synchrony Bank, may authorize charges that exceed your credit limit, but don't bet on that.

The Amazon.com Store Card late fee is up to $40. The fee applies when cardholders don't make the minimum payment by the due date. Thanks to the CARD Act of 2009, the Synchrony Bank late fee can never exceed the minimum payment amount.

The Amazon Prime Rewards Visa Signature Card is issued by Chase Bank. It can be used on any purchase and is available only to people with an Amazon Prime subscription.

Amazon.com Store Card reports the card's credit limit, account balance, payment history, and more to all three of the major credit bureaus: TransUnion, Equifax, and Experian.

Proceed to checkout through your Shopping Cart. Select your Amazon Store Card or Amazon Secured Card as the payment method. Select your desired special financing or equal monthly payments offer for your order. Once your desired financing offer is selected, complete your checkout.

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.

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.

The Amazon.com Store Card doesn't have an expiration date. It only contains the Amazon logo, your name and the account number, nothing else; that's because it is solely meant for online purchases at Amazon. This card comes with a $0 annual fee and a $60 upon approval.

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Unfortunately, you cannot get an Amazon.com Store Card cash advance. This card can only be used for purchases and only at Amazon.com and merchants that accept Amazon Pay. The fact that Amazon.com Store Card cash advances are not an option might actually be a blessing in disguise.