- No membership fees
- High rewards rate
- $50 gift card initial rewards bonus
- No foreign fee
- No intro APR on purchases
- No intro APR on balance transfers
- Requires good/excellent credit
Whole Foods Credit Card Review Summary
The Whole Foods Credit Card is a good credit card for frequent Whole Foods and Amazon.com shoppers with good credit or better, particularly Prime members. The Whole Foods Card is easily worth it thanks to a $0 annual fee and rewards of 1 - 5 points per $1 on purchases.
To be clear, the Whole Foods Credit Card is the same offer as the Amazon.com Credit Card. The main difference is the appearance of the card, which you can select when you apply. You may also be able to earn a Whole Foods-centric initial bonus.
Whole Foods Credit Card Review Highlights
$50 - $100 initial bonus
New cardholders who open an account by March 3, 2022 can get a $100 bonus in return for spending $100 at Whole Foods Market within two months of opening an account.
Or, you can opt for the card’s traditional bonus. More specifically, if you have Amazon Prime, you can automatically get a $100 gift card loaded to your Amazon account when you’re approved for the card. If you don’t have Prime, you can get $50.
None of the options are elite. But at least you don’t have to spend anything to get the traditional bonus, which can’t be said of the best credit card sign-up bonuses.
$0 annual fee
Not having to worry about an annual fee means you won’t have to spend a certain amount each year just to earn enough rewards to break even. It also helps keep your overall credit card costs down if you already have multiple cards before applying for the Whole Foods Visa.
If you want to put a dollar value on it, a $0 annual fee saves you $22 per year compared to the average credit card offer.
3-5 points per $1 spent at Whole Foods and Amazon.com
The Whole Foods Credit Card gives at least 3 points per $1 spent on Whole Foods and Amazon purchases, as well as purchases at select merchants that accept Amazon Pay. If you’re a Prime member, you’ll get 5 points per $1 spent instead.
In other words, you will basically earn the equivalent of 3% to 5% cash back on eligible purchases. For context, the average rewards card gives about 1% back.
2 points per $1 spent at gas stations, drug stores & restaurants
With groceries, Amazon purchases, gas, dining and drug store purchases as bonus rewards categories, the Whole Foods Credit Card has most major spending categories covered.
You will, however, only earn 1% back on all other purchases. Many people have another card in their wallet for such purchases as a result.
10% - 25% back on select Amazon purchases
For a limited time, Prime members can earn at least 10% back on certain Amazon.com purchases made with the Whole Foods Credit Card. You can check out the options here.
Whole Foods Credit Card Review Lowlights
Fairly high APR
The Whole Foods Credit Card APR ranges from 14.49% to 22.49% (V). The exact rate you’re assigned depends on your overall creditworthiness. In any case, you’re unlikely to get a rate that’s lower than average for your credit score.
For example, the average APR among new credit card offers for people with excellent credit is 13.1%. The average for good credit is 18.84%.
With that in mind, you should plan to pay your bill in full every month if you decide to apply for the Whole Foods Credit Card.
Amazon Prime required for the best rewards
You need to link your Amazon Prime account to your Whole Foods Credit Card in order to earn the maximum rewards rate of 5 points per $1 spent on Whole Foods and Amazon purchases. Prime membership is not included with the card.
Other Things To Consider about the Whole Foods Credit Card
Ultimate Rewards Redemption Options
In addition to paying with points on Amazon.com, you can also redeem your rewards for cash back or travel accommodations booked through Chase Ultimate Rewards (Chase issues the Whole Foods Card). This makes the card even more versatile.