Don’t miss out: This limited-time offer ends on January 8! If you’re an Amazon Prime member, you likely spend a significant amount at Amazon, making the
Prime Visa credit card, available exclusively to Prime members, worth considering. For the holiday season, the bonus has increased to a remarkable
$250 and is set to expire on January 8. Here are the highlights:
- Receive a $250 Amazon Gift Card instantly upon approval—exclusively for Prime members, with no spending requirement.
- Earn 5% back on purchases at Amazon.com, Amazon Fresh, and Whole Foods Market for eligible Prime members.
- 5% back on purchases made through Chase Travel(SM) with a qualifying Prime membership.
- Get 10% back or more on a rotating selection of items and categories on Amazon.com for eligible Prime members.
- Receive 2% back at gas stations, restaurants, and while using local transit and rideshare services.
- 1% back on all other purchases.
- No foreign transaction fees.
- No annual fee.
Rewards can be easily redeemed either during your next Amazon.com purchase or as a statement credit. However, since you earn 5% back on your Amazon purchases with this card, it might be more advantageous to opt for the statement credit, albeit with a touch more effort.
I have designated this card as my default payment method for Amazon, as its main function is to cover all my purchases from Amazon and Whole Foods (which, unfortunately, is still quite a lot).
If you follow this route, keep in mind the following added protections that come with the card:
- Extended warranty protection: Extends the manufacturer’s warranty by an additional year on eligible warranties of three years or less.
- Purchase protection: Covers new purchases for 120 days against damage or theft, up to $500 per claim and $50,000 per account.
The bottom line: If you are a Prime member who spends heavily at Amazon and/or Whole Foods and prefers to keep things straightforward, using the Prime Visa can offer substantial benefits with minimal effort. Make it your default card for Amazon purchases to track all your spending in one place, while also enjoying extended warranty and purchase protections on your items.
