What are the best Amazon credit card benefits?

Question

The Amazon.com Credit Card is worth it, especially if you already have an Amazon Prime membership and frequently order from Amazon. That’s because the Amazon.com Credit Card offers 5 points / $1 for Amazon purchases. The Amazon.com Store Card is also worth it, for the same reason; it gives 5% cash back to Prime members on Amazon purchases.… read full answer

More specifically, the Amazon.com Credit Card is well worth having for both Amazon Prime members and non-members. With this card you get 3 points per $1 spent at Amazon.com and Whole Foods Market, 2 points per $1 spent at gas stations, restaurants and drug stores, 1 point per $1 spent on all other purchases for everyone.

The Amazon.com Store Card, on the other hand, is definitely a card for Amazon Prime members. For one, you can only use it on Amazon.com. It also gives 5% cash back on Amazon purchases to Prime members, while non members get nothing back. Every cardholder gets a $10 Amazon credit, however.

The Amazon.com Credit Card is worth it if you:

Are an Amazon Prime member and spend at least $980 per year at Amazon.com and/or Whole Foods as a Prime member (this will pay for your Prime membership).

Shop at Whole Foods and Amazon.com often, whether or not you have a Prime membership.

Have “good” credit or better.

The Amazon.com Store Card is worth it if you:

Are an Amazon Prime member already.

Spend at least $2,180 per year on Amazon.com as a Prime member (this will pay for your Prime membership).

Have “fair” credit and want to build up your credit score without having to pay an annual fee.

Overall, the two Amazon credit cards are most beneficial for Amazon Prime members. Because both cards come with a $0 annual fee, the value is simply a matter of overcoming the Prime membership fee of $119 per year. But you don’t have to be a Prime member to benefit from the Amazon.com Credit Card. Being a frequent customer of Amazon or Whole Foods is enough to make the Amazon.com Credit Card worth it.

show less

Answer 1 · 2020-11-21 18:53:21

Joyce Brown, WalletHub Credit Card Analyst

@j.brown • 11/21/20 This answer was first published on 06/18/18 and it was last updated on 11/21/20.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

The best Amazon.com Credit Card benefits are a $50 Amazon.com gift card after account approval ($100 for Prime members) and 3% back at Amazon.com and Whole Foods (5% for Prime members). With this card, you also earn 2% back at gas stations, restaurants and drugstores (1% on all other purchases). These benefits apply to the Amazon.com Credit Card, which is issued by Chase Bank and can be used anywhere Visa is accepted. Synchrony Bank issues the Amazon.com Store Card, which can only be used at Amazon.com but gives Prime members 5% back on purchases, too. Cardholders also get a $10 Amazon.com Gift Card upon the approval of their credit card application.

Prime members who are approved for either the Amazon.com Credit Card or the Amazon.com Store Card will automatically receive a Prime branded version.

Some other Amazon credit card benefits and perks include…

No annual or foreign transaction fee: The Amazon.com Credit Card has no foreign transaction fee, which means you can shop from internationally based merchants without pesky surcharges on each purchase. Since the Amazon.com Store Card can only be used on Amazon.com, there’s no foreign transaction fee to worry about.

Neither the Amazon.com Credit Card nor the Amazon.com Store Card charge annual fees. But you’ll need to pay the annual Prime membership fee for the best rewards.

Visa Signature perks: The Amazon.com Credit Card is a Visa Signature card, which means you will receive Travel Accident Insurance, Auto Rental Collision Damage Waiver, Extended Warranty Protection, and Purchase Protection. Other features include Lost Luggage Reimbursement, Baggage Delay Insurance, and access to Visa’s Luxury Hotel Collection. The Amazon.com Store Card is not eligible for these benefits.

Redemption options: The Amazon.com Credit Card is a points card, where 100 points equals $1 in rewards. Points can be used to make part or all of a purchase on your credit card. They can be redeemed for cash back in the form of a statement credit or electronic deposit into a checking or savings account. You can also redeem points for gift cards as well as travel booked through Chase.

The 5% back on the Amazon.com Store Card can be redeemed as a monthly statement credit or be used for purchases on Amazon.com.

These cards are an awesome way to save on Amazon spending, at the very least. The Amazon.com Credit Card is a solid choice for earning rewards on everyday purchases anywhere Visa is accepted. And the Amazon.com Store Card is great for people with fair credit or better, especially Prime members.

Answer 2 · 2020-11-21 21:39:53

Sarah Bilkins, WalletHub Credit Card Advisor

@sarah.bilkins • 11/21/20 This answer was first published on 01/30/18 and it was last updated on 11/21/20.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

The Amazon.com Credit Card benefits include travel accident insurance, coverage for lost or delayed luggage, and car rental insurance. Plus, items you buy with your Amazon.com Credit Card may be eligible for purchase protection and an extended warranty. But those benefits just sweeten the deal. The card’s main selling points are no annual fee, 3 points per dollar at Amazon (5 with Amazon Prime), and a $60-$100 Amazon gift card as a signup bonus.

Here are the top Amazon.com Credit Card benefits:

Travel accident insurance: When you charge a flight, cruise, bus ride or train trip to your card, you get up to $500,000 in travel accident insurance. You and any immediate family on your booking will be covered for serious injury or death caused by the travel provider while you are abroad. You also get up to $100,000 in 24-hour coverage. Unlike regular travel insurance, 24-hour travel accident insurance applies to the entire first 30 days of your trip.
Luggage insurance: If your luggage is damaged or lost by the carrier, you and your immediate family are covered up to $3,000 per person. For baggage delays longer than 6 hours, you’re covered up to $100 a day for three days. You’ll get reimbursed for toiletries, clothing, and other necessities you buy to replace your delayed baggage.
Auto rental insurance: You’re covered for theft or damage up to the cash value of the vehicle. You just need to pay with your card and refuse the rental company’s insurance. Coverage last 31 days and excludes luxury cars, trucks and damage due to reckless driving.
Extended warranty: Pay with your Amazon.com Credit Card and get up to one extra year for warranties of three years or less. You’re covered up to $10,000 per item, with an account limit of $50,000.
Purchase protection: You’re covered up to $500 per claim if an eligible Amazon.com Credit Card purchase gets stolen or damaged within 120 days of you buying it. Antiques, cosmetics and cars are not covered, among other items. The account limit for claims is $50,000.
Roadside dispatch: Call 1 (800) 847-2869 for basic roadside assistance. There’s a pay-per-use charge starting at $59.95, but no membership fee.
No foreign transaction fees: When you buy something abroad, or from a merchant based outside the U.S., you’re not charged an extra fee.
Visa Signature Luxury Hotel Collection: Amazon cardholders get perks at over 900 hotels. They include free room upgrades, breakfast, a $25 food and drink credit, 3:00 PM late checkouts, and Wi-Fi access.
Travel assistance: You can call Visa’s 24/7 help line at 1 (800) 397-9010 for medical and legal referrals, translation, emergency ticket replacement and more.

Amazon.com Credit Card benefits provide security and savings for travelers. They also offer protection for damaged, stolen, or broken purchases. And when you factor in the ability to earn rewards at Amazon, this card is a good choice for both online shopping and travel.

@zukosstruggle

Report Abuse

#3- You are not covered up to the Amount of the Vehicle price. The benefits for Collision Damage waiver when travelling with a rental is only covered up to the deductible of the vehicle. They don't tell you that on any website or your Amazon Credit cards Rewards Page. You have to call in AND SPEAK TO A LIVE ADVISOR or call and get them to send you the information about coverage via Email. Even in the contract, the damage waiver coverage lines doesn't adequately inform people that they are only covered up to the deductible of their liability insurance policy. THAT CAN BE MORE OR LESS $500, but not much more ($1,000). I didn't even ask about theft coverage that was displayed on the Chase and Amazon's websites yet the first Live Advisor I spoke to said that the coverage is only for Collision. The Live Advisors say that the coverage offered is supplemental, but they tell you to bypass the rental car companies CDW Insurance just to receive theirs . That sounds like the worst supplementation I've heard of. Call and speak to a live advisor and have them send you documents of coverage. That is the actual lawful contract and it's sneaking. Call 1-877-631-0919. Everything someone says on the internet is not true.

@zukosstruggle

Report Abuse

#3- You are not covered up to the Amount of the Vehicle price. The benefits for Collision Damage waiver when travelling with a rental is only covered up to the deductible of the vehicle. They don't tell you that on any website or your Amazon Credit cards Rewards Page. You have to call in AND SPEAK TO A LIVE ADVISOR or call and get them to send you the information about coverage via Email. Even in the contract, the damage waiver coverage lines doesn't adequately inform people that they are only covered up to the deductible of their liability insurance policy. THAT CAN BE MORE OR LESS $500, but not much more ($1,000). I didn't even ask about theft coverage that was displayed on the Chase and Amazon's websites yet the first Live Advisor I spoke to said that the coverage is only for Collision. The Live Advisors say that the coverage offered is supplemental, but they tell you to bypass the rental car companies CDW Insurance just to receive theirs . That sounds like the worst supplementation I've heard of.

@zukosstruggle

Report Abuse

#3 - You are NOT covered up to the total damage of the vehicle. It only covers you up to your Insurance deductible (probably only for Collision, so if you have Liability Insurance only, you're out of luck). Please call 1-800-397-9010 and confirm with a LIVE ADVISOR. Two different ones told me that the insurance they offer is only supplemental up to the deductible of your current insurance. Everything you read on the internet is not true.

Answer 3 · 2019-06-30

@zukosstruggle

Report Abuse

#3- You are not covered up to the Amount of the Vehicle price. The benefits for Collision Damage waiver when travelling with a rental is only covered up to the deductible of the vehicle. They don't tell you that on any website or your Amazon Credit cards Rewards Page. You have to call in AND SPEAK TO A LIVE ADVISOR or call and get them to send you the information about coverage via Email. Even in the contract, the damage waiver coverage lines doesn't adequately inform people that they are only covered up to the deductible of their liability insurance policy. THAT CAN BE MORE OR LESS $500, but not much more ($1,000). I didn't even ask about theft coverage that was displayed on the Chase and Amazon's websites yet the first Live Advisor I spoke to said that the coverage is only for Collision. The Live Advisors say that the coverage offered is supplemental, but they tell you to bypass the rental car companies CDW Insurance just to receive theirs . That sounds like the worst supplementation I've heard of. Call and speak to a live advisor and have them send you documents of coverage. That is the actual lawful contract and it's sneaking. Call 1-877-631-0919. Everything someone says on the internet is not true.

Answer 4 · 2019-06-30

@zukosstruggle

Report Abuse

#3- You are not covered up to the Amount of the Vehicle price. The benefits for Collision Damage waiver when travelling with a rental is only covered up to the deductible of the vehicle. They don't tell you that on any website or your Amazon Credit cards Rewards Page. You have to call in AND SPEAK TO A LIVE ADVISOR or call and get them to send you the information about coverage via Email. Even in the contract, the damage waiver coverage lines doesn't adequately inform people that they are only covered up to the deductible of their liability insurance policy. THAT CAN BE MORE OR LESS $500, but not much more ($1,000). I didn't even ask about theft coverage that was displayed on the Chase and Amazon's websites yet the first Live Advisor I spoke to said that the coverage is only for Collision. The Live Advisors say that the coverage offered is supplemental, but they tell you to bypass the rental car companies CDW Insurance just to receive theirs . That sounds like the worst supplementation I've heard of.

Answer 5 · 2019-06-30

@zukosstruggle

Report Abuse

#3 - You are NOT covered up to the total damage of the vehicle. It only covers you up to your Insurance deductible (probably only for Collision, so if you have Liability Insurance only, you're out of luck). Please call 1-800-397-9010 and confirm with a LIVE ADVISOR. Two different ones told me that the insurance they offer is only supplemental up to the deductible of your current insurance. Everything you read on the internet is not true.

Answer 6 · 2020-04-14 09:40:16

Benny Joseph, WalletHub Analyst

@Benjy_1 • 04/14/20 This answer was first published on 03/04/18 and it was last updated on 04/14/20.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

For sure, just count the 5% back as statement credit if you have a Prime subsription (and who doesn't?) & financinng for up to 2 yrs.

Answer 7 · 2018-09-25 08:30:50

Casey Faber, Member

@caseyf_10 • 09/25/18 This answer was first published on 02/21/18 and it was last updated on 09/25/18.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

Quite a few. I'd say the most surprising one was the hotel upgrades and perks. Would not have predicted I could get a free room upgrade with an Amazon CC.

Answer 8 · 2018-09-25 08:30:50

Anna Santos, Member

@anna_santos • 09/25/18 This answer was first published on 03/02/18 and it was last updated on 09/25/18.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

Yes, there are: travel accident insurance, luggage insurance, and auto rental insurance among others.

Answer 9 · 2018-08-10 14:56:11

April Lucas, Member

@april_lucas • 08/10/18 This answer was first published on 08/10/18. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

3% at Amazon and Whole Foods, 2% at restaurants, gas stations and drugstores, and 1% on all other purchases. You also get a $50 Amazon.com gift card upon approval.

Answer 10 · 2018-08-07 03:52:14

Rodney Bennett, WalletHub Analyst

@rodneyben • 08/07/18 This answer was first published on 08/07/18. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

I'm addicted to shopping and the biggest benefit is that I get rewarded for doing what I enjoy the most. :)

What are the best Amazon credit card benefits?

Joyce Brown, WalletHub Credit Card Analyst

Amazon.com Credit Card

Sarah Bilkins, WalletHub Credit Card Advisor

Benny Joseph, WalletHub Analyst

People also ask

Is the Amazon Credit Card worth it?

The Amazon.com Credit Card is worth it if you:

The Amazon.com Store Card is worth it if you:

What is the best Amazon credit card?

Top 6 Credit Cards for Amazon Purchases

Can I use my Amazon credit card anywhere?

Casey Faber, Member

Anna Santos, Member

April Lucas, Member

Rodney Bennett, WalletHub Analyst

Join WalletHub