Amazon Credit Card Review

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Are you thinking about applying for the Amazon Credit Card? You’re not alone. Millions of Americans use credit cards, and many have turned to the Amazon card for its retail rewards and low interest rates. But before you apply, it’s important to know what you’re getting into. In this blog post, we will take a look at the Amazon Credit Card from all angles: from its rewards structure to its fees, APR rates, and more. Read on to find out if this card is right for you.

What is the Amazon Credit Card?

The Amazon Credit Card is a credit card offered by Amazon. It can be used to purchase items from Amazon and earn rewards points. The card offers a variety of benefits, including cash back, no annual fee, and 0% APR for the first 12 months.

Amazon Credit Card Review

The Amazon Rewards Visa Signature Card is a great way to earn rewards on your everyday purchases. You’ll earn 3% back at Amazon.com and Whole Foods Market, 2% back at gas stations, restaurants, and drugstores, and 1% back on all other purchases. Plus, you’ll get a $50 Amazon.com Gift Card instantly upon approval.

This card comes with no annual fee and a 0% introductory APR on purchases for the first 15 months (then a variable APR of 17.24%-25.99%). There’s also no foreign transaction fee, so it’s a great option for travelers.

If you’re an Amazon Prime member, you’ll get 5% back on all Amazon.com purchases with this card (on up to $1,500 in spend per quarter). Plus, you’ll enjoy exclusive financing offers, such as 6-month, interest-free financing on select items when you use your card.

Overall, the Amazon Rewards Visa Signature Card is a great option for anyone who frequently shops at Amazon or Whole Foods Market. If you’re an Amazon Prime member, you’ll especially appreciate the 5% back on all Amazon.com purchases.

How Does the Amazon Credit Card Work?

The Amazon Credit Card is a rewards credit card that offers cash back on all purchases made through Amazon.com. There is no annual fee for this card, and it comes with a number of benefits, including access to exclusive deals and discounts, as well as free shipping on all orders over $25. To use the Amazon Credit Card, simply add it to your Amazon account and then use it to make purchases as you normally would. You will automatically earn cash back on all qualifying purchases, which can be redeemed for future purchases or withdrawn as cash.

What are the Benefits of the Amazon Credit Card?

The Amazon Credit Card is a great way to save money on your online purchases. By signing up for the card, you can get 5% back on all of your Amazon.com purchases. Plus, you’ll also get 2% back at gas stations, restaurants, and drugstores. And if you use your card to buy items from Amazon’s partnering retailers, you can get up to 3% back.

Additionally, the Amazon Credit Card has no annual fee and a 0% APR for the first 12 months. After that, the APR will be between 14.49% and 22.49%. So if you plan on making any large purchases on Amazon in the near future, the Amazon Credit Card is a great option to consider.

What are the Drawbacks of the Amazon Credit Card?

While the Amazon Credit Card does have a lot of great features, there are also some potential drawbacks that you should be aware of before you apply. One of the biggest potential drawbacks is the relatively high APR. Depending on your creditworthiness, you could end up with an APR as high as 25.99%. That means that if you carry a balance on your card from month to month, you could end up paying a lot in interest charges.

Another potential drawback is that the Amazon Credit Card doesn’t offer any introductory APR offers. So if you’re looking to transfer a balance from another card or take out a cash advance, you’ll be stuck paying interest right away at the full APR.

Finally, it’s worth noting that the Amazon Credit Card is only available to Prime members. So if you’re not already a Prime member, you’ll need to sign up (and pay the annual fee) in order to qualify for this card.

Who is the Amazon Credit Card Best For?

If you frequently shop on Amazon, the Amazon Credit Card is a great way to earn rewards on your purchases. You’ll earn 3% back on Amazon.com purchases, 2% back at gas stations, restaurants, and drugstores, and 1% back on all other purchases. There is no annual fee for this card.

This card is best for people who frequently shop on Amazon and who would benefit from earning rewards on their purchases. If you don’t shop on Amazon often or if you prefer to use a different credit card for your everyday spending, this card may not be right for you.

How to Use the Amazon Credit Card

If you’re an Amazon shopper, the Amazon Credit Card can be a great way to save money. Here’s how to use it:

To start using your Amazon Credit Card, simply add it to your Amazon account. Once it’s been added, you’ll be able to use it like any other credit card. You can use it to make purchases on Amazon, or anywhere else that accepts Visa.

When making a purchase, you’ll have the option to choose your Amazon Credit Card as your payment method. Simply select it and enter your account details. Your purchase will then be charged to your Amazon Credit Card.

You can also use your Amazon Credit Card to pay for membership fees (such as Prime or Kindle Unlimited) or other services (such as Audible). To do this, simply go to the ‘Payment Methods’ section of your account and add your Amazon Credit Card as a payment method. Then, when you’re ready to pay for a service, select your Amazon Credit Card as the payment method at checkout.

If you’re ever having trouble using your Amazon Credit Card, simply contact customer service for assistance.

Pros and Cons of the Amazon Credit Card

The Amazon Credit Card is a good way to get rewards for shopping at Amazon, but it also has some drawbacks. Here are the pros and cons of the Amazon Credit Card:

PROS

  • You get 5% back on all purchases made at Amazon.com.
  • There is no annual fee.
  • You get a $50 Amazon.com gift card when you are approved for the card.

CONS

  • The interest rate is high (24.99%).
  • You can only use the card for purchases at Amazon.com.

Alternatives to the Amazon Credit Card

There are a few alternatives to the Amazon Credit Card. One is the Amazon Store Card, which can be used at any Amazon store. Another is the Amazon Prime Rewards Visa Signature Card, which offers 5% back on all Amazon purchases. Finally, there is the Amazon Rewards Visa Signature Card, which offers 3% back on all Amazon purchases.

Conclusion

In conclusion, the Amazon Credit Card is a great choice for anyone looking to maximize their savings on Amazon purchases. With its generous rewards program and no annual fee, it offers users great value while they shop. Plus, you can earn additional points when shopping at select stores using your card and enjoy exclusive deals throughout the year. All in all, the Amazon Credit Card is an excellent choice for any shopper who wants to save money on their purchases.