Amazon Credit Cards Benefits

Amazon Credit Cards Benefits: A little over 40% of internet shoppers make at least one purchase from Amazon each month. If you are one of the 40%, you must have seen advertisements for Amazon credit cards on the website.

Amazon Credit Cards Benefits

Amazon offers four different credit card kinds, all of which have many advantages for regular buyers. Let’s examine the four categories of Amazon credit cards:

Amazon Prime Rewards Visa Signature Card

Users must have an eligible Amazon Prime membership ($119 annually or $12.99 per month) in order to use the Amazon Prime credit card. The card provides the best reward yield. Amazon Credit Cards Benefits

Rewards

5% cashback at Whole Foods Market and Amazon.com

2% cashback at eateries, petrol stations, and pharmacies

1% cashback on all additional purchases

Cardholders can receive a $100 Amazon gift card as a welcome incentive, offsetting the $119 yearly membership fee for the first year.

Annual cost: 0.00$

Introduction APR: None

Regular APR: Variable 14.24% to 22.4%

Fee for balance transfers: 5% with a $5 minimum

No foreign exchange commission

Credit required: Superior/Good

Pros

. Upon approval, you will receive a $150 Amazon.com gift card with no minimum purchase limitations.
. No yearly charge
. At Whole Foods Market and Amazon.com, there are no fees associated with purchases made outside of the United States.

Cons

• Prime membership is required
• You only get to enjoy the 5% back on groceries when you purchase them from Amazon.com or at whole foods market.

Amazon Rewards Visa Signature Card

If Amazon prime is not going to be an option for you, this card should be your next choice. Prime membership is not necessary to use the card. You can also benefit from 3% cash back at Whole Foods Market and Amazon.com.

Rewards 

2% cashback at eateries, petrol stations, and pharmacies

1% cashback on all additional purchases

$50 Amazon.com gift card as a welcome incentive after application acceptance

Annual cost: nothing

No introduction APR

Regular APR: Variable 14.24% to 22.4%

Fee for balance transfers: 5% with a $5 minimum

No foreign exchange commission

Credit required: Superior/Good

Pros:

• Does not require prime membership
• No annual fee
• $50 Amazon gift card upon approval with no spending requirement
• 3% back at Amazon and whole foods market
• No fee charged on purchases made outside the U.S

Cons:

The 3% back on groceries only applies to purchases made at Whole Foods Market or on Amazon.

Amazon Store Card

Prime membership is not necessary to use the Amazon store credit card. Using this card entitles you to interest-free credit for 6, 12, or 24 months.

No interest charges for customized financing on Amazon.com;

1. If the entire purchase price is paid in full within six months on purchases of $150 or more
2. 2. If the full purchase price is paid within 12 months on purchases of $600 or more,
3. 3. if the entire purchase price is paid in full within 24 months on purchases of $800 or more.

Equal monthly payments

Make equal payment;

1. For 6 months on Amazon.com  on purchases of $150 or more and pay no interest.
2. For 12 months on Amazon.com on purchases of $600 or more and pay no interest
3. For 24 months on Amazon.com on purchases and pay no interest.

During the special financing period, you must still pay at least the bare minimum per month. Additionally, in order to receive the maximum advantage, the debt must be paid in full before the intro period expires; otherwise, you will be responsible for paying all interest that has accumulated over the previous 6, 12, or 24 months (known as deferred interest).

After the promotional period, the APR increases to a high 25.99% Variable APR.

Incentives: none

$10 in Amazon.com gift cards as a welcome incentive, upon approval

Annual cost: nothing

Intro APR: If the entire purchase amount is paid in full within 6, 12, or 24 months, there will be no interest charged on any Amazon purchases of $150 or more. Amazon Credit Cards Benefits

Regular APR: Variable 25.99%

Fee for balance transfers: None

Fee for international transactions: inapplicable

Pros:

• $10 Amazon.com gift card upon approval with no spending requirements
• No annual fee
• No foreign transaction fee

Cons

• Deferred interest means you will have to pay all interest you incurred during the intro period if you fail to pay your balance in full before it ends
• There are no reward offers
• High APR charge
• Card can only be used at Amazon

Amazon Prime Store card

Prime membership is required to use this Amazon card. Although they provide some cash back incentives, they feature the same promotional financing options as the Amazon store card. Amazon Credit Cards Benefits

5% back on Amazon.com as compensation

Gift certificate to Amazon.com worth $60 as a welcome incentive upon approval

Annual cost: nothing

If the total purchase price is paid in full within 6, 12, or 24 months, there will be no interest charged on any Amazon purchases of $150 or more.

Regular APR: Variable 25.99%

Fee for balance transfers: None

Pros:

• $60 Amazon.com gift card upon approval with no spending requirements
• No annual fee
• A variety of promotional financing offers
• High 5% back at Amazon.com

Cons:

• Prime membership is required
• Deferred interest means you have to pay all interest you incurred during the intro period if you don’t pay your balance in full before it ends
• The 5% back only applies to Amazon.com purchases and the card can only be used at Amazon.

Conclusion

It is imperative that you read this post if you plan to apply for an Amazon credit card because it currently lists your top four choices. Compare the variety of features—including awards, welcome bonuses, and other incentives—to other elements, such as the necessary credit and customer ratings. Amazon Credit Cards Benefits