Amazon is undoubtedly the biggest and most inclusive online market out there. If you are someone who enjoys buying and selling through this marketplace, then getting a loyalty card that can provide you with multiple benefits can go a long way.
When it comes to what credit card options Amazon has to offer, there are two variations – the Rewards Visa Card and the Prime Rewards Visa Card. In this article, we will be reviewing the latter.
Both cards are issued by Chase, which means that it is the bank you will contact if there is a reason to do so. For now, we will be going through the requirements, as well as the fees/charges, for using the Prime Rewards Visa Card.
Fees and Interest
Among the most important points when it comes to reviewing credit cards are the fees and charges. The first thing that we want to talk about is the variable annual percentage rate for this card, which is set between 14.24% and 22.24%.
Keep in mind that what rate you will be subjected to depends on the prime rate, as well as your creditworthiness.
When it comes to the annual fee, you won’t be paying anything for the yearly maintenance. However, there is no such thing as an annual bonus with this card, either.
For late payments and penalty charges, you will want to consult with the bank directly, given the fact that no information is provided on the website itself. As for foreign transaction fees, you won’t have to pay any.
Before moving on, we want to instruct you to go ahead and check out CareersPages. This is a resourceful website that can give you much-needed information not only on how the annual percentage rate is determined but on other financial matters, as well.
How To Apply
Unlike many other credit cards, you won’t need an excellent credit score to get accepted for the Amazon Prime Rewards Visa. However, there are a couple of other requirements that you will need to meet.
First and foremost, you must be above 18 years old. Secondly, you must be an Amazon Prime member.
As for the application process, it is quite simple. The first thing that you will want to do is become an Amazon Prime member and sign in to your account. From there, you will be guided to submit the required documents (proof of ID, etc.), as well as your contact information.
You can expect to get an instant decision. If you are approved, you will have to wait just a couple of business days before the credit card arrives at your address.
Features and Benefits
As we have mentioned above, this credit card is highlighted by a splendid rewards program. The first thing that you will love is the instant sign-up bonus that comes in the form of a $100 Amazon Gift Card.
Another great feature is the 5% cashback on all purchases that are made through Amazon or WholeFoods, which means that you will be heavily rewarded for your loyalty.
When it comes to restaurants, gas stops, and drugstores, your rewards are set at 2%, while for all other purchases, you are looking at 1% cashback.
Bank Contact Details
If anything goes wrong, or if you have any questions related to the credit card, you can contact Chase using one of the following options.
Physical Address: JPMorgan Chase Bank, 1111 Polaris Parkway, Columbus, Ohio 43240
Phone Number: 1-800-935-9935; 7 days a week, 24 hours a day
Email: click here
Mailing Address: Card Services, P.O. Box 15298, Wilmington, DE 19850
Summary
If you enjoy purchasing at Amazon and WholeFoods, it can’t get much better than the Prime Rewards Credit Card. You won’t be paying any annual fee, and the cash rewards program is spectacular!
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.
