Amazon Prime members can unlock a $200 welcome bonus and 10% back in rewards with the Visa card for a limited time.
Amazon Prime members looking to maximize value from the retail giant have an exciting new offer to explore. Both existing and new Amazon credit card holders can cash in on elevated welcome bonuses, bonus category spending, financing options, and more. Let's dive into the key details.
Amazon Doubles New Cardholder Welcome Bonus
- Now through December 4, 2023, new Amazon Prime Visa Card applications will receive a $200 Amazon gift card upon instant approval
- Typically the welcome bonus is $100, so this is double the usual amount
- No minimum spending required to earn the welcome bonus
The boost makes now an ideal time to apply if you've considered the popular credit card before. Even existing Prime members who order frequently can extract solid value from the increased welcome bonus.
10% Back in Rewards on Gift Purchases
- All Prime Visa Cardholders (new and existing) qualify for 10% back in rewards
- Applies to gift purchases across categories like:
- Amazon devices
- Kitchen
- Home
- Electronics
- Toys
- And more
- Find all eligible 10% back deals here
- Offers are valid for a limited time, expiring on different dates
With the holidays arriving, this elevated cash back makes it convenient to save on gifts purchased through Amazon. Terms do vary, so review expiration dates before finalizing orders.
1% Bonus Rewards via No-Rush Shipping
- Existing cardholder perk extended through December 28, 2023
- When selecting no-rush shipping on Amazon orders, earn an extra 1% back
- Brings total potential rewards to 6% back on Amazon purchases with eligible Prime membership
- Maximizes value without needing to pay for faster delivery
The no-rush option allows you to delay delivery by just a few days in exchange for bonus rewards. It's an easy way to earn extra when you aren't in a hurry to receive your packages.
Financing Available for Large Purchases
- My Chase Plan allows cardholders to convert purchases into fixed monthly payments
- Available for eligible purchases of $100 or more
- Length of repayment term can be customized
- 0% interest charged on the monthly payment amounts
For more significant purchases, this new integrated financing option can make transactions more manageable. There's no interest, and you can spread repayment over several months.
How Does the Amazon Prime Rewards Visa Card Work?
Let's examine the standard rewards structure and benefits of the Prime Visa Card:
- 5% back at Amazon, Whole Foods, and Amazon Fresh
- 2% back at restaurants, gas stations, and transit
- 1% back on other purchases
- Rotating 10% back categories on Amazon purchases
- No annual fee (Amazon Prime membership required)
- No foreign transaction fees
With unlimited 5% cash back possible on Amazon purchases, the card already delivers strong rewards for Prime members. The temporarily increased new cardholder bonus makes now an especially lucrative time to apply.
Alternative Cards to Consider
The Prime Visa Card is a solid choice for avid Amazon shoppers, but it's not the only way to earn rewards:
Wells Fargo Reflect Card
- 0% Intro APR for 21 months on purchases and qualifying balance transfers
- Cell phone protection when you pay your bill with the card
Citi Double Cash Card
- 2% back on all purchases
- 0% Intro APR for 18 months on balance transfers
American Express Platinum Card
- 5X points on flights and prepaid hotels
- Up to $695 in annual credits for streaming services, Uber, and more
- 60,000 point welcome bonus after meeting minimum spend requirement
As you can see, there are multiple ways to maximize rewards. Choose the option aligning best with your spending habits and financial priorities.
Frequently Asked Questions
Still, have questions about Amazon's special credit card offers? Here are answers to some common queries:
When does the 10% back gift promotion end?
1. End dates vary by product category
2. Most offers expire by mid-December 2023
3. Check individual deal terms for specifics
Can I use My Chase Plan for purchases under $100?
No, My Chase Plan is only available for purchases exceeding $100. For smaller amounts, you'll need to pay in full.
How long do I have to meet the elevated $200 welcome bonus requirements?
You simply need to get approved for the card by December 4, 2023 to qualify for the $200 gift card offer. There is no minimum spend to earn it.
What if I already have a Prime Visa Card?
Existing cardholders can capitalize on the 10% back gift offers, 1% no-rush shipping rewards, and My Chase Plan financing. Only the increased $200 welcome bonus is limited to new applicants.
Is there a fee to use My Chase Plan?
No. When using My Chase Plan to finance Amazon purchases in fixed monthly payments, no interest or financing fees apply.
Start Saving Now
With uniquely high welcome bonuses and bonus spending categories active for a limited time, Prime members have lucrative opportunities to maximize the value of an Amazon Credit Card. Explore your options now and unlock savings in time for the holiday season.