amazon student visa credit card

Axis Bank Select Credit Card · Special Service. Amazon voucher worth Rs 2000 on activation & Priority Pass membership · EDGE REWARDS Points. 10 EDGE points on. With the Deserve® EDU Mastercard, you'll earn 1% cash back on all purchases, issued as a statement credit. You'll also get one year of Amazon. Apple Card is good card with pretty good cashback rewards and exceptional tools for managing your money. Amazon Prime Rewards currently comes.
amazon student visa credit card

Amazon student visa credit card -

BECU Visa Credit Cards

BECU Membership required in order to obtain a VISA. Refer to the Visa Guide to Benefits for complete terms, conditions, and benefit details.

*$300 CASH BACK AFTER SPENDING $3,000 IN PURCHASES IN THREE (3) MONTHS from account opening:
This offer is not available to either (i) current cardholders of this credit card, or (ii) previous cardholders of this credit card who received a new cardholder bonus for this credit card within the last 12 months. You will receive $300 cash back credit which you must redeem. To qualify and receive your bonus, you must make purchases totaling $3,000 or more in the first 3 months from account opening. (“Purchases” do not include balance transfers, cash advances, travelers checks, foreign currency, money orders, wire transfers, or similar cash-like transactions, lottery tickets, casino gaming chips, race track wagers, or similar betting transactions, any checks that access your account, interest, unauthorized or fraudulent charges, any fees of any kind, including an annual fee, if applicable.) After qualifying, please allow up to 30 days for bonus to post to your cash back balance. To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment.

 
Источник: https://www.becu.org/everyday-banking/credit-card

The 6 best student credit cards in Canada for 2021

The 6 best student credit cards in Canada for 2021

The transition from high school graduate to college or university freshman is a big leap.

From living away from home for the first time to learning how to navigate the ins and outs of campus life, wading through the complexities of getting a first credit card can quickly fall off the priority list for many students. And while some students may choose not to apply for a credit card at all, others may be swayed into a particular card by a sales representative on campus promising freebies like a complimentary t-shirt. Neither of these is the best courses of action to take, as students should understand the benefits of using credit cards and compare all their options instead of being “sold” on a single card.

Below, we shed light on the benefits of student credit cards and provide a breakdown of the best student credit cards in Canada for 2021. Note: While some of the cards on our list are not full-fledged student credit cards per se, all have no annual fees and minimal qualification requirements.

 

Best student credit card for cash back

  • Featured

    BMO® CashBack® Mastercard® - Student

    Get up to 5% cash back in your first 3 months and a 1.99% introductory interest rate on Balance Transfers for 9 months.

Card details

  • No annual fee
  • Welcome Offer: 5% cash back on all purchases (up to $100) for first 3 months, plus plus a $50 cash back bonus (when you spend $6,000) in your first year
  • 3% cash back on the first $500 spent groceries and 1% on recurring bills ($500 monthly cap on each category)
  • 0.5% cash back on everything else, plus an additional 4.5% bonus cash back up to a maximum of $1,500 spent in the first 3 billing cycles
  • Terms and conditions apply

The BMO CashBack Mastercard is a no annual fee rewards credit card that offers particularly strong returns on everyday essentials from grocery stores and supermarkets. It earns 3% cash back on the first $500 you spend on groceries every month and 1% on recurring bills up to $500 every month (0.5% cash back after that). For all your other everyday purchases, you’ll net 0.5% cash back without limits, plus an additional 4.5% bonus cash back up to a maximum of $1,500 spent in the first 3 billing cycles.

That's not to mention their welcome offer of up to 5% cash back in your first 3 months, plus a $50 cash back bonus (when you spend $6,000) in your first year (a cash back value of $175)

While there are rewards caps on the card’s two bonus categories, they do reset with the start of every new 30-day billing cycle. And at $500 per month in each category, they’ll be hard to max out, especially on a student’s budget.

Why we like it:

This credit card has the trio of features that most appeals to students: 1. no annual fees 2. the ability to earn straightforward rewards, and 3. no income requirement.

Since this is a cash back credit card, students won’t have to think about the complexities or limitations of loyalty points programs, and can instead get an injection of cash. This can be particularly valuable for students who want to focus on saving on their everyday purchases rather than racking up points for discounted flights. Accessing your cash back is also extremely easy, as you can redeem for as little as $1 at any time instead of having to wait a month or even a year to access your rewards. The card’s three-month welcome offer of 5% is also strong, particularly for a no fee card geared towards students.

Additional perks:

This card offers purchase and extended warranty protection and discounts on rental cars from eligible National and Alamo agency locations.

Best student credit card for Miles

  • Featured

    Featured product

    Welcome offer: Get 800 AIR MILES Bonus Miles!* That’s enough for $80 towards purchases with AIR MILES Cash*

Card details

  • No annual fee
  • Welcome Offer: Up to 800 Air Miles Bonus Miles
  • Earn 3x the Miles per dollar at Air Miles partner stores
  • Earn 0.04 Miles per dollar everywhere else
  • Earn Miles twice when shopping at Air Miles partners

If the aforementioned BMO CashBack Mastercard piqued your interest but you’re looking to invest in a points program and regularly shop at Air Miles partner stores (think Sobeys, Metro, Shell, Staples, among many others), the BMO Air Miles Mastercard may be more up your alley.

This card offers triple the miles at Air Miles partner stores, 0.04 miles per dollar on all other purchases, charges no annual fee, and there’s no income requirement to qualify. The card also features a welcome offer of 800 miles when you spend $1,000 on the card in the first three months.

The miles earned on this card can be redeemed for either Dream Miles (which can be put towards free or discounted flights on select airlines) or Air Miles Cash (can be redeemed for e-gift cards or discounts at Air Miles partner stores in increments of 95 miles for $10).

Why we like it:

The BMO Air Miles Mastercard offers multiple opportunities to double dip your rewards, especially if Air Miles stores are located near your home, dorm, or campus. Not only will it earn three times the miles at partner stores (roughly the equivalent of 1.26% – 1.5% in rewards per dollar spent, depending on what you redeem for), you can also earn miles twice when you show your Miles Collector Card in addition to your credit card.

We also appreciate the Air Miles online shopping portal, airmilesshop.ca. This website is filled with deals that either help you rack up bonus miles or discounts when shopping online from a huge range of retailers including Apple, Walmart, Amazon, Nike, H&M, and more.

Additional perks:

This card offers the same side perks as the BMO CashBack Mastercard: purchase and extended warranty protection as well as discounts on rental cars from eligible National and Alamo agency locations.


Best store credit cards for students

For Loblaws and Shoppers Drug Mart

  • Featured

    PC Financial® Mastercard®

    The no annual fee PC® Mastercard® is a fast way to earn PC Optimum™ points towards great rewards.

Card details

  • No annual fee
  • Earn 25 PC Optimum Points per $1 spent at Shoppers Drug Mart / Pharmaprix
  • Earn 10 PC Optimum Points per $1 spent on all other purchases
  • Earn 30 PC Optimum Points per purchased litre of gasoline at Esso

With the PC Financial Mastercard, students will earn 25 PC Optimum points per dollar at all Shoppers Drug Mart locations, at least 30 points per dollar when filling up their tank at Esso and Mobil gas stations, and 10 points per dollar on all other purchases.

Cardholders can also regularly snag points bonuses when shopping at PC stores including Loblaws, No Frills, Real Canadian Superstore, Joe Fresh, and more.

PC Optimum points can be redeemed at affiliate retailers (Shoppers Drug Mart and Loblaws banner grocery stores) in increments of 10,000 points for $10. So, 10 points is like the equivalent of 1% in cash back store credit, 20 points is the equivalent of 2%, and so on.

This card has no income requirement, no annual fee, and as a retail credit card, the application requirements are considerably more lenient even for students with no prior credit history. That said, it’s not a full-fledged student card and therefore may require you to earn some form of income.

Why we like it:

With a minimum earn rate of 10 points per dollar (the equivalent of 1% in rewards), the PC Financial Mastercard manages to out-earn most entry-level cash back or points cards (which start offering rewards from 0.5%) on general everyday purchases.

PC Optimum points are also redeemable at over 2,500 stores associated with the PC Optimum program – from Shoppers Drug Mart and JoeFresh to popular grocery stores such as Loblaws and No Frills – so it won’t be difficult to put your card’s points to good use.

Additional perks:

Cardholders receive basic coverage in the form of free purchase assurance and free extended warranties (up to one year). PC Optimum does regularly run personalized offers and in-store promotions to help you rack up additional points when shopping at affiliated retailers like Joe Fresh and Loblaws banner grocery stores like No Frills and Real Canadian Superstore.

  • Featured

    Triangle™ Mastercard®

Card details

  • No annual fee
  • Get 4% in Canadian Tire Money at Canadian Tire, Sport Chek, and participating Mark®/L’Équipeur and Atmosphere locations
  • 1.5% on the first $12,000 spent at eligible grocery stores each year
  • 0.5% on everything else
  • Earn 5¢ per litre back in Canadian Tire Money at Gas+ and participating Husky locations
  • Income requirement: Any amount

Like the PC Financial Mastercard mentioned above, the Triangle Mastercard from Canadian Tire is a retail credit card that has minimal eligibility requirements and is quite easy to get (even for students).

The Triangle Mastercard earns a whopping 4% in Canadian Tire Money (CTM) at Canadian Tire stores and affiliates of the retail giant including Mark’s clothing store and Sport Chek. You’ll even get a boost of 1.5% in CTM when shopping at virtually any grocery store. CTM can be redeemed for discounts or free purchases from Canadian Tire.

As an added plus, the Triangle Mastercard offers no fee-financing on eligible purchases of at least $150 from Canadian Tire. So, you can make a big-ticket purchase, like an AC unit or television, and pay it off in smaller monthly installments without interest (provided you make each monthly payment, of course).

Why we like it:

The Triangle Mastercard earns quadruple the rewards on everything Canadian Tire stocks on its shelves as well as Sports Chek and Mark’s. The card’s no-fee financing option is also a great feature for students on a budget who need to space out payments over a longer period of time.

Additional perks:

As covered above, the Triangle Mastercard offers no-fee financing on eligible purchases from Canadian Tire. Cardholders can also take advantage of personalized offers to earn extra CTM on select purchases. Finally, through Canadian Tire Bank, cardholders can use their Triangle Mastercard to pay for major bills like hydro and tuition, earning more rewards in the process (though, we’d strongly caution against this as it can lead to larger balances and potentially hefty interest charges if the credit card statement isn’t paid off in full every month).

 


Best student credit card for travel rewards

  • Featured

    TD Rewards Visa* Card

    Earn a $50 value† in TD Rewards Points† to use at Amazon.ca with Shop with Points. Plus, get a 9.99% promotional interest rate on purchases for the first 6 months with no annual fee†. Conditions Apply. Must apply by May 29, 2022.

Card details

  • No annual fee
  • Apply by December 5, 2021 to get a 9.99% promotional interest rate on purchases for the first 6 months with no annual fee. Plus, earn 15,152 TD Rewards Points (a value of $50 on Amazon.ca with Shop with Points) by keeping your Account open, active and in good standing for the first 90 days.
  • Earn 3 TD Points per $1 on travel through ExpediaforTD
  • Earn 2 TD Points per $1 on groceries, restaurants, and regularly recurring bill payments
  • Earn 1 TD Point per $1 on everything else
  • This offer is not available for residents of Quebec. For Quebec residents, please click here

  • †Terms and conditions apply.

If you’re a student who travels regularly – whether it’s to fly back home during the holidays or satisfy your lust for exploring new places – the TD Rewards Visa Card could be your ideal match.

The no-fee, entry-level credit card earns TD Points which you can redeem for flights, hotel stays, car rentals, or virtually anything available on Expedia – one of the world’s largest travel search engines. Points are redeemable online from the ExpediaforTD website in flat increments of 100 points for $1 (or 1 point for 0.5 cents).

The card earns a solid 3 points (1.5% in travel rewards) per dollar on travel you book online from the ExpediaforTD website, 2 points (1%) per dollar on groceries, restaurants and fast food, and 1 point (0.5 cents) on everything else.

Why we like it:

As far as travel rewards programs go, TD Rewards is one of the easiest and most straightforward, making it the perfect fit for credit card beginners. 1 TD point is always worth 0.5 cents when used online at ExpediaforTD and can be used to book flights on virtually any airline of your choice. There are no complicated rewards charts, fluctuating points values, or high and low seasons.

The fact it earns triple the points on travel booked from ExpediaforTD also means students who do travel once or twice a year can earn a significant boost in rewards.

Additional perks:

This card offers purchase and extended warranty protection and discounts on rental cars from eligible Avis and Budget agency locations.


Best secured credit card for students

  • Featured

    Home Trust Secured Visa Card

Card details

  • No annual fee
  • 19.99% interest rate on purchases
  • Credit limit is set by the amount of security deposit put down, between $500-$10,000
  • Not available to residents of Quebec

If you’re a student who’s racked up some debt or solely want to focus on building a credit history (rather than earning rewards) then the Home Trust Secured Visa could be an option worth considering. As a secured credit card, the Home Trust Secured Visa operates a little differently than the others on this list. You’ll put forward a deposit (minimum of $500) and use that as your card’s credit limit. By making purchases against your deposit and paying back what you owe on time every month, you’ll develop a good track record of paying off debt, in turn, developing a good credit history. There’s no income requirement and no annual fees.

Why we like it:

Since this card’s credit limit is tied to a deposit of the cardholder’s own money and can start as low as $500, it can help curtail bad habits related to overspending while also helping students develop a more conscious approach to using credit cards. The Home Trust Secured Visa also accept applicants with bad credit histories, including those who have been bankrupt in the past, which can be a saving grace for students who have run into trouble and racked up debts on a previous credit card or other loans (not associated with OSAP) such as car loans or payday loans.

Visit our student personal finance guide.

Financial literacy early in life will pay dividends in your future. Learn more with Ratehub's guide to managing your money as a student.

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Frequently asked questions about student credit cards

While the idea of a student credit card may raise concerns about debt and interest payments from apprehensive parents and students alike, the fact is a credit card is an easy and straightforward way of establishing a young adult’s credit history as he or she transitions into financial independence. By paying off a credit card bill on time every month, students can develop a positive payment history, and in turn, a good credit score.

A good credit score can have a profound impact on a person’s financial future and can make it easier to get approved for everything from rental applications to loans with favourable interest rates. And when used responsibly (as in monthly statements are paid off on time and in full), credit cards can also be an effective way to save on everyday purchases through the earning of rewards. With that being said, missing payments or carrying over a balance can result in costly interest charges and a lower credit score, so it’s critical that students understand that credit cards should be used to buy things that can be paid for in full at the end of each billing cycle.

Student credit cards often feature low (or no) income requirements, no annual fees, and are geared to those who are applying for their first-ever credit card and looking to establish a credit history. While many student credit cards don’t provide rewards, some of the best student credit cards in Canada do, offering students the ability to rack up savings in the form of cash back or points.

The best first credit card depends on your needs, but for students and young adults alike the goal is to build credit, not necessarily to earn points or cashback. So, the Home Trust Secured Visa may be your best option. A good credit score means gives you access to better financial products as you move forward in life. That means, better credit cards with great rewards, low mortgage rates, and cheaper car insurance and auto loans. 

For international students who want a Canadian credit card you must first obtain a Social Insurance Number from Service Canada. You can only get your social insurance number (SIN) if you are authorized to work while attending school. With your SIN, many of the big banks (e.g. Scotiabank, CIBC, and BMO) will extended $1,000 worth of credit for students who have recently arrived in Canada. TD will only approve a secured card application. MBNA and Tangerine required a form of Canadian ID like a driver's license. 

Источник: https://www.ratehub.ca/blog/best-student-credit-cards-canada/

Amazon to block UK Visa credit cards from January 2022

Amazon will stop accepting Visa credit cards in the UK from 19 January 2022, meaning cards from some of the country’s largest banks will no longer work with the world’s biggest online retailer.

The news was communicated to customers today via email in which Amazon revealed the change is due to the ‘high fees’ Visa charges for processing credit card transactions.

Visa debit cards and credit cards from other payment networks, such as Mastercard, will still be accepted.

Why won’t Amazon accept Visa credit cards?

Earlier this year, Visa increased its ‘interchange fee’ for some online credit card payments fivefold to 1.5%. The fee is an amount taken from a payment to cover the costs of sending money between your bank and a retailer’s bank.

The higher fee is charged on payments from UK customers to EU merchants. It might be that Amazon – with a European HQ in Luxembourg – counts as an EU merchant in this case, though Which? did not receive confirmation of this from either Visa or Amazon ahead of publication.

Before Brexit, interchange fees like these were capped at 0.3% by the European Commission. Mastercard has also increased its fees on cross border payments to 1.5%, though Amazon has not announced a similar ban on Mastercard credit cards. We asked Amazon if it would be banning Mastercard payments as well on this basis and it declined to comment.

Gareth Shaw, Which? Head of Money said: ‘There have been long-standing concerns about soaring credit card fees that affect both consumers and businesses.

‘We would encourage Amazon and Visa to urgently find a resolution to prevent any restriction on consumer choice. Regulators should also look very closely at this development and work to establish whether fees in the credit card market are fair and what impact this will have on competition.’

Which? Money magazine advert. Click here to sign up for £3 a month.

Which credit cards will be affected?

Amazon’s announcement will come as a shock to UK customers who use Visa credit cards with the retailer. Major Visa credit cards include Barclaycard, HSBC and Nationwide.

However, many major credit cards operate on the Mastercard network – including those from Natwest, Halifax and TSB. Amazon’s own credit card also uses the Mastercard network.

Since Amazon will continue accepting Mastercard credit cards, many customers will not be affected at all. Still, this unexpected turn will be frustrating for many UK credit card customers.

A Visa spokesperson told Which?: ‘UK shoppers can use their Visa debit and credit cards at Amazon UK today and throughout the holiday season. We are very disappointed that Amazon is threatening to restrict consumer choice in the future. When consumer choice is limited, nobody wins.

‘We have a long-standing relationship with Amazon, and we continue to work toward a resolution, so our cardholders can use their preferred Visa credit cards at Amazon UK without Amazon-imposed restrictions come January 2022.’

When should you pay by credit card?

Amazon customers with Visa credit cards could miss out on a major consumer protection thanks to this change.

If you pay via credit card for goods or services over £100 and under £30,000 you’ll be able to claim money back from your card provider under Section 75 of the Consumer Credit Act if something goes wrong.

Any Visa credit cardholders who simply switch to a debit card will no longer have this powerful protection. Amazon customers who want Section 75 cover will need to switch to a Mastercard or American Express credit card, which may involve a new application that could impact their credit score if they don’t already have one.

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Источник: https://www.which.co.uk/news/2021/11/amazon-to-block-uk-visa-credit-cards-from-january-2022/

Citi is an advertising partner

Jump to:Read full review

Pros

  • Unlimited 5% back on all Amazon.com purchases
  • $0 annual fee

Cons

  • You won't qualify if you don't already have Amazon Prime

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Whether you're shopping for routine household products or new patio furniture, Amazon has you covered. Paired with the acquisition of Whole Foods, it's no wonder that many consumers do the bulk of their shopping at Amazon. As an Amazon Prime member, you'll enjoy benefits such as free two-day shipping, free Whole Foods delivery in eligible areas and more.

To lock in even greater savings, you may have considered applying for the Amazon Prime Rewards Visa Signature Card. The 5% rewards rate on Amazon purchases and the gift card you receive upon approval are both fantastic incentives to apply. As an added bonus, this card offers solid rewards in other everyday categories, with 2% at gas stations, restaurants and drugstores.

Although this card has $0 annual fee, keep in mind that only Amazon Prime members are eligible to apply. For non-Prime members, it's likely not worth it to sign up for Amazon Prime just to get the Amazon Prime Rewards Visa Signature Card, as there are other comparable options offering cash back for a wider variety of purchases.

Is the Amazon Prime Rewards Visa Signature Card worth it?

For existing Prime customers, the Amazon Prime Rewards Visa Signature Card could help you save big. Although there's $0 annual fee, think of the $119 Prime membership cost as part of the requirement to open this card. Still, only frequent Amazon or Whole Foods shoppers should consider this card above other options, as other cashback cards can help you earn bonus rewards on a wider variety of purchases.

How does the Amazon Prime Rewards Visa Signature Card compare to other credit cards?

The best measure for a card’s value is to compare it against other offers. We look at how the Amazon Prime Rewards Visa Signature Card's features stack up against some of its competitors.

Amazon Prime Rewards Visa Signature Card vs. Chase Freedom Flex℠

The Chase Freedom Flex℠ is a competing cashback card that may be better suited for those who don't shop exclusively at Amazon. Its sign-up bonus offers the chance to Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. And earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.

You'll Earn 5% cash back on eligible purchases in rotating categories, 5% on travel purchased through Chase Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases. Here is 2021's cashback calendar:

  • Gas stations
  • Internet
  • Cable
  • Phone services
  • Select streaming services
  • Gas stations
  • Home improvement stores
  • Grocery Stores (excluding Walmart and Target)
  • Select streaming services

Note that the 5% bonus is only eligible for up to $1,500 in purchases per quarter. If you're fine with earning 5% back on Amazon.com during just a few months, the Chase Freedom Flex℠ may be a better option than the Amazon Prime Rewards Visa Signature Card. If you prefer a more predictable reward structure where the categories never change, the Amazon Prime Rewards Visa Signature Card is the better choice.

Amazon Prime Rewards Visa Signature Card vs. Citi® Double Cash Card – 18 month BT offer

The Citi® Double Cash Card – 18 month BT offer is one of the few credit cards that lets you Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. This applies regardless of where you shop — meaning you'll earn 2% back whether you're shopping on Amazon.com or purchasing movie tickets.

While the Citi® Double Cash Card – 18 month BT offer doesn’t give you the same 5% reward on Amazon purchases that you can get with the Amazon Prime Rewards Visa Signature Card, the unlimited 2% rate takes the guesswork out of earning rewards. Unfortunately, though, the Citi® Double Cash Card – 18 month BT offer comes with no welcome offer whatsoever.

If Amazon.com makes up a large chunk of your total purchases, the Amazon Prime Rewards Visa Signature Card is the better deal. However, if your spending is more varied, go with the Citi® Double Cash Card – 18 month BT offer instead.

Amazon Prime Rewards Visa Signature Card vs. Bank of America® Customized Cash Rewards credit card

The Bank of America® Customized Cash Rewards credit card is another popular option that lets you choose how you want to earn rewards. You'll earn 3% cash back in the category of your choice, 2% cash back at grocery stores and wholesale clubs (for the first $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), 1% cash back on all other purchases

The 3% purchase categories include gas, online shopping, dining, travel, drug stores or home improvements and furnishings, and you can choose your bonus category monthly. If you happen to spend more at Amazon, or on other online purchases, in a particular month, you can choose to earn 3% on online shopping.

The sign-up bonus may be harder to achieve for some consumers: Online $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening. If you prefer to diversify your spending, the Bank of America® Customized Cash Rewards credit card can help adjust your rewards to your specific needs.

Earning and redeeming points

As mentioned above, the Amazon Prime Rewards Visa Signature Card lets users earn 5% back at Amazon.com and Whole Foods Market with an eligible Prime membership, 2% back at restaurants, gas stations and drugstores and 1% back on all other purchases..

Earning and redeeming points

You'll earn rewards in the form of points, which can then be applied to future Amazon purchases through the Shop with Points Program. Or, you can redeem your points for cash back, gift cards or travel through Chase.

Each point is worth 1 cent each, so 100 points equal $1 in rewards. So long as you're a cardholder, your rewards won't expire, and there's no limit to how many points you can earn.

Is it worth signing up for Amazon Prime?

Amazon Prime costs $119 per year, comparable to the cost of many credit cards with annual fees. Since the Amazon Prime Rewards Visa Signature Card is only open to existing Prime members, you may wonder if it's worth opening a membership if you don't own one already. Here is the list of the ongoing benefits you'll enjoy with Amazon Prime:

  • Free two-day shipping on millions of eligible products, with free same-day or 2-hour delivery in select cities
  • Extra 10% discount on sale items (excluding alcohol) at Whole Foods
  • Prime Video, offering access to thousands of movies and TV shows for free
  • Prime Music, offering over two million songs ad-free with the opportunity to upgrade to Amazon Music Unlimited at a Prime member rate
  • Amazon Photos, with free unlimited photo storage shareable to up to five family members or friends
  • 30-minute early access to Amazon Lightning Deals
  • Borrow one e-book for free on any Kindle device

If you live in a metropolitan area, Whole Foods offers free two-hour delivery or one-hour same-day pickup, which can be helpful to grocery shoppers who need items in a pinch. While the shipping benefit alone is why millions of people subscribe to Amazon Prime, there are many entertainment and shopping perks with this subscription.

Amazon Prime also offers a free six-month trial exclusively for college students. After that, you'll enjoy a 50% discount on membership while you're still a student.

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Sign-up bonus

Upon approval, you're automatically granted a Get a $200 Amazon Gift Card instantly upon approval..

This is a considerable offer, as most credit cards require you to spend a certain amount of money to lock in the welcome bonus. But with the Amazon Prime Rewards Visa Signature Card, you are rewarded simply for opening your account.

Equal pay financing offer

Suppose you're making a purchase on Amazon that costs thousands of dollars. With the Amazon Prime Rewards Visa Signature Card, you can choose to opt out of earning rewards and participate in the special 0% APR offer instead:

  • On purchases of $50 or more, split into six equal monthly payments
  • On purchases of $250 or more, split into 12 equal monthly payments
  • On purchases of $500 or more, split into 18 equal monthly payments

If you choose the pay-over-time offer instead, you won't accrue any interest for the promotional period. The monthly payments will be charged to your statement on your Amazon Prime Rewards Visa Signature Card. If you fail to make your payments within the allotted time period, you'll start to accrue interest.

While this offer may be helpful for large purchases, we recommend that you avoid this option as you'll lose the ability to earn rewards on all of your Amazon purchases.

Other card benefits

While the main draw of the card stems from its 5% rewards rate and gift card, you don't want to miss out on the other benefits of the Amazon Prime Rewards Visa Signature Card. As this is a Chase-issued, Visa signature card, you'll enjoy plenty of unexpected travel benefits:

When paying for your transportation with this card, you'll receive up to $500,000 in the event of accidental death or dismemberment. For legal, medical or other emergency situations, you can call the Benefits Administrator when traveling.

You'll receive up to $3,000 per passenger if you or an immediate family member has a carry-on or checked bag that is damaged or lost by a common carrier. If your bag is delayed for six or more by a common carrier, you'll receive up to $100 per day for three days.

Call 800-847-2869 in the event of a roadside emergency.

You'll receive secondary coverage on rental car insurance, protecting you against theft and collision damage.

You won't have to pay any foreign transaction fees when paying with another currency.

You'll have access to over 900 luxury hotels worldwide that offer the best rates and room upgrades and complimentary wifi, both subject to availability. You can also enjoy 24/7 concierge services to find tickets to events, make dinner reservations or any other inquiries by calling 800-953-7392.

Your new purchases are covered for 120 days against damage or theft. You can file a claim and receive reimbursement of up to $500 per item and up to $50,000 per cardholder account.

If your item comes with a U.S. manufacturer warranty under three years or less, your card will offer an additional year of coverage.

While all of these benefits likely won't be used every day, they could come in handy whether you need help with your purchase or on vacation. These perks tend to come with top-notch credit cards with annual fees, so the Amazon Prime Rewards Visa Signature Card offers superb coverage overall.

The information related to Amazon Prime Rewards Visa Signature Card and Bank of America® Customized Cash Rewards credit card has been independently collected by ValuePenguin and has not been reviewed or provided by the issuer of this card prior to publication.

Источник: https://www.valuepenguin.com/amazon-prime-rewards-visa-signature-card

Amazon Prime Rewards Visa Signature Card: Get 5% Cash Back and a Suite of Perks

The Amazon Prime Rewards Visa Signature Card is the second credit card I opened in college, and I’ve had it for over 10 years now. It’s also one of my favorite credit cards because it offers 5% cash back at Amazon.com, which is where I do most of my online shopping. It can be especially beneficial if you’re planning to do a lot of shopping online during Amazon Prime Day and the holidays.

The card isn’t just great for Amazon purchases, however. Here’s everything you can expect to get with the Amazon Prime Rewards Visa Signature Card.

Amazon Prime Rewards Visa Signature Card Review

The card, which is issued by Chase, doesn’t offer a big sign-up bonus, but for people who spend a lot online and at Whole Foods Market, it’s tough to beat.

Rewards Rates

The Amazon Prime Rewards Visa Signature Card offers 5% cash back at Amazon.com and Whole Foods Market, 2% back at restaurants, gas stations and drugstores, and 1% back on everything else. Note, however, that if you want to earn the 5% rate at Amazon.com and Whole Foods Market, you’ll need to be a Prime subscriber.

If you’re not an eligible Prime member, you’ll be downgraded to the Amazon Rewards Visa Signature Card, which offers just 3% back on those purchases.

An Amazon Prime subscription costs $119 per year, but if it helps you earn 2% more back with the Amazon Prime Rewards Visa Signature Card, you could recoup that cost after you spend $5,950 per year at Amazon.com and Whole Foods Market.

Annual Fee

The card doesn’t charge an annual fee, which is great if you’re already a Prime member and you’re spending that money whether or not you have the card. If you don’t have an Amazon Prime membership, though, you will need to pay the $119 annual fee to join, which may feel steep if you wouldn’t otherwise join Prime.

Credit Score

While the credit card issuer, Chase Bank, doesn’t expressly state the Amazon Prime Rewards Visa Signature Card credit score necessary to qualify, you’ll most likely be approved  with a credit score of fair to excellent (640-850). You can monitor all three of your credit reports for free and possibly boost your credit score several points using this free service.

Average Percentage Yield (APR)

The Amazon Prime Rewards Visa Signature Card APR is a variable regular APR based on creditworthiness. APR is the interest rate for a whole year, rather than just a monthly rate, as applied to whatever balance you carry from one statement period to the next. Chase will determine your APR during the approval process. However, APRs can fluctuate periodically as a credit card issuer adjusts its rates to the market.

Redemption

The cash back you earn comes in the form of points, and unlike most store credit cards, you’ll get a lot of flexibility with how you can use them. Your points are worth 1 cent apiece, regardless of how you use them, and you can opt for one of the following:

  • Pay for Amazon.com purchases at checkout
  • Get cash back in the form of a direct deposit
  • Request a statement credit to help pay down your balance
  • Buy gift cards through Chase (review the latest Chase gift card deals)
  • Book travel through the Chase Travel Center

One thing to note is that if you want to use your points to book travel, you’ll need to call Chase to do it. There’s no way to go through the process online.

While the redemption rate is the same for all options, I’d recommend avoiding using your points to pay at checkout. The reason is that if you’re using rewards, you’re not getting the 5% back on the amount that you’d get if you were using your card.

For example, if you have a $100 purchase and use your card, you’d get $5 back, and you can request a direct deposit or statement credit for $105 to effectively pay off the purchase and more. But if you use your points, you wouldn’t get the extra $5. So while it’s convenient, skip using your points to pay for Amazon.com purchases during the checkout process.

Bonus

The card doesn’t have a standing sign-up bonus like most rewards credit cards. However, from time to time, Amazon will offer a gift card, which it will load onto your account as soon as your credit card is opened. The highest bonus I’ve seen is a $100 gift card, but the actual bonus can vary.

Amazon Prime Rewards Signature Visa Bonus

Currently, for Prime members, the Amazon Prime Rewards Signature Visa bonus is a $100 gift card immediately applied to your account upon approval. However, this bonus offer may vary depending on the time of year you choose to apply, as well as your geographical location at time of application.

Amazon Rewards Visa Card Bonus

For those who aren’t Prime members, the Amazon Rewards Visa Card bonus is a $50 gift card applied to your account upon approval. Similar to the Prime Rewards Card bonus, this offer can vary by seasonality and geographical location.

Benefits

While the card’s rewards program alone makes it worth having in your wallet, it also offers some significant perks that you don’t normally get with a cash-back credit card, as well as some that are pretty standard:

  • Travel accident insurance: If you use the card to pay for eligible transportation, you qualify for accidental death and dismemberment coverage of up to $500,000.
  • Lost luggage reimbursement: If a carrier loses or damages your luggage, you can get reimbursed for up to $3,000 to replace the contents.
  • Baggage delay insurance: If a carrier delays your luggage by six hours or more, you can get reimbursed up to $100 per day for up to three days for essential purchases like clothing and toiletries.
  • Rental car insurance: Use your card to pay for your car rental and decline the company’s coverage, and you’ll get insurance for theft and collision damage (secondary to your personal auto insurance policy).
  • Roadside dispatch: If you experience a roadside emergency, you can call to get a dispatch for a tow, jumpstart, tire change, lockout service, winching and even gas delivery. While the dispatch service is free, the actual assistance is not.
  • Purchase protection: If you purchase an eligible item with the card and it’s damaged or stolen within 120 days of the purchase date, you’ll be covered up to $500 per item and up to $50,000 total on your account.
  • Extended warranty protection: If you buy an eligible item with your card and the item has a warranty of three years or less, you’ll get an additional year’s worth of protection.
  • No foreign transaction fees: The card won’t charge a fee, which is typically 3%, when you make other purchases abroad.

Amazon Prime Rewards Visa Versus Amazon Rewards Visa

If you are looking to earn rewards on everyday purchases, then you should get either the Amazon Rewards Card or the Amazon Prime Rewards Visa Signature Card. While both are no-annual-fee cards, the main difference is whether or not you have an Amazon Prime membership. Prime members will be able to earn 5% back at Amazon and Whole Foods. Whereas, non-Prime members will only earn 3% back for the same purchases.

 Amazon Rewards Visa CardAmazon Prime Rewards Visa Card
Amazon & Whole Foods Market3%5%
Restaurants, gas stations & drugstores2%2%
All other purchases1%1%
Annual FeeNoneNone
Foreign Transaction FeesNoneNone
Interest-free financing on purchases over $50YesYes
Credit card issuerChaseChase

5 Ways to Save With the Amazon Prime Rewards Signature Visa

Squeeze More Out of Every Amazon Prime Purchase

Right now, there doesn’t seem to be any other credit card that offers such a high rewards rate for spending at Amazon and Whole Foods. You get 5% back on qualifying Amazon and Whole Foods purchases, which is great for those who are fans of both retailers.

Sure, other cards occasionally offer bonus categories that could rival this card, but as a regular patron of Amazon, I don’t want to wait for rotating categories to come around. In many cases, I find big-ticket items tend to be cheaper on Amazon, and the rewards rate helps me save even more money.

You can further optimize your spending by checking Slickdeals for any Amazon deals or coupon codes before making any other purchases.

Amazon Prime Rewards Visa Has No Annual Fee

While this co-branded Chase card technically has no annual fee, you do need Prime membership to get this card. If you’ve already paid the annual Prime membership fee anyway, why not sign up and start earning rewards? Even if you put the card in your sock drawer, you’re not out any cash.

Additionally, if you downgrade and no longer want to be one of the millions of Amazon Prime members, you can still earn cash rewards. Instead, you’ll earn 3% cash back on spending at Amazon and Whole Foods, and you’re still not subject to an annual fee.

Redeem Points Any Time You Want

You can earn an unlimited amount of rewards, and they don’t expire. There’s also no minimum redemption requirements — use them as soon as they land in your rewards account. Whenever you check out at Amazon and you’ve linked your card, you should be able to see how much cash back you have, and whether you want to use it up.

Since points don’t expire, you can save them for big-ticket items or deals during Prime Day or Black Friday. However, like we stated earlier, redeeming points for products means you miss out on the 5% back you would have otherwise earned. But if you’re ok with missing out on the extra savings, saving points for holiday spending is a popular option.  Knowing that Prime deliveries take one to two days to arrive, I’ve been able to ship off last-minute gifts in time to go under the tree.

Nab Some Other Perks While You’re At It

Aside from getting cash rewards, there are other perks, like certain consumer protections. This card comes with extended warranty protection on qualifying items. Not that I usually shell out extra cash for those types of warranty add-ons, but it’s nice knowing that my purchases have additional protection.

Like other cards issued by Chase, Amazon Prime Rewards Signature Visa features purchase protection up to $500 per claim, a maximum of $50,000 per account when your item is damaged or stolen within 120 days. But always check the fine print to see which products qualify.

The Amazon Prime credit card is a great backup card when traveling abroad too. International purchases aren’t subject to foreign transaction fees and you can get other benefits such as baggage delay insurance and travel accident insurance. But only when travel purchases are made on the card, of course. Thank goodness we haven’t had to make any claims for loss or damage during our travels, but travel protection does bring piece of mind.

Additionally, the 2% back at gas stations and drugstores is a great value for other purchases that don’t fit neatly into traditional rewards categories like spending at supermarkets or home improvement stores.

Start Getting Free (or Heavily Discounted) Amazon Purchases

If your already legions of Amazon Prime members, it’s worth looking into getting the Amazon credit card for the cash rewards alone. It’s a no-annual-fee card that squeezes more savings from every Amazon or Whole Foods purchase.

However, the Amazon Prime credit card might not be worth it, if you don’t spend more than $5,950 a year for the extra 2% in earnings — the amount that makes up for the cost of membership. For the occasional Amazon shopper, you might want to stick with the regular Amazon Rewards Visa card. However, if you use other services Prime Video or music streaming, this 5% back card is a no-brainer.

Apply for Prime Rewards Visa Signature Card

The Amazon Prime Rewards Visa Signature Card is one of the best store credit cards available. It offers excellent rewards at Amazon.com and Whole Foods Market, gas stations, as well as on other purchases, and it provides standout benefits you won’t normally see from a store card or even a standard cash-back credit card for that matter.

If you regularly shop at Amazon.com or Whole Foods Market and you’re a Prime member, the card’s a no-brainer. If you’re not a Prime member, do the math on a membership and your typical online spending to determine if it’s a good bet for you.

Источник: https://money.slickdeals.net/credit-cards/amazon-prime-rewards-visa-signature-card/

Amazon Prime Rewards Review: Perhaps the Ultimate Store Card

If you're an Amazon Prime loyalist, it's hard to find fault with the Amazon Prime Rewards Visa Signature Card.

The card, issued by Chase, earns a stellar rewards rate at both Amazon.com and Whole Foods. And unlike a lot of other store-branded cards, you can use it — and earn rewards with it — anywhere that accepts Visa. You'll enjoy bonus rewards at restaurants, drugstores and gas stations, too. Plus, redemption options are quite flexible for a store card.

You get all this for an annual fee of $0, although you'll need to pay for an Amazon Prime membership first. Those who don't shop enough with Amazon to justify that membership fee will want to look elsewhere.

Nerdy tip: Amazon offers an array of credit cards in addition to this one. Some are for Prime members only, while others are open to anyone. Some are store cards that can be used only at Amazon; others can be used anywhere that accepts Visa. Here's a look at other options.

» MORE: NerdWallet's best store credit cards

Key features of the Amazon Prime Rewards Visa Signature Card

Card type:Store and rewards.

Annual fee: $0, but you must be an Amazon Prime member. Membership costs $119 annually ($59 a year for students).

Sign-up bonus: Amazon occasionally offers gift cards of varying amounts upon approval.

Rewards:

  • 5% back at Amazon.com and Whole Foods Market.

  • 2% back at restaurants, gas stations and drugstores.

  • 1% back on all other purchases.

Rewards come as points that are worth a penny each. They can be redeemed toward eligible Amazon.com purchases, with no minimum redemption required. But you can also redeem points through Chase for cash back, either as a statement credit or a deposit into an eligible checking or savings account, also with no minimum required. Other redemption options include travel and gift cards. Note that points earned on the Amazon Prime Rewards Visa Signature Card cannot be combined with Chase Ultimate Rewards® points.

APR:The ongoing APR is 14.24%-22.24%, Variable.

Foreign transaction fees: None.

Other benefits:

  • Travel protections: Travel accident insurance, lost luggage reimbursement, baggage delay insurance, travel and emergency assistance, auto rental collision damage waiver, roadside dispatch.

  • Shopping protections:Extended warranty, purchase protection.

  • Plus: Visa Signature concierge service and access to booking hotels in the Visa Signature Luxury Hotel Collection.

» MORE: Chase credit cards mobile app review

Why you might want the Amazon Prime Rewards Visa Signature Card

High ongoing rewards

If you spend a lot at Amazon.com or Whole Foods Market, no other card can offer such consistently high rewards for your loyalty as the Amazon Prime Rewards Visa Signature Card. A few other cards do come close, like theDiscover it® Cash Back. It earns up to 5% cash back in rotating bonus categories that change each quarter, up to a $1,500 quarterly spending cap. (Activation is required; all other purchases earn 1% back.) And in the past, Amazon.com has been among that card's 5% bonus categories — but, again, only for a three-month period, and only up to that combined quarterly $1,500 cap.

Nerdy tip: If you want Amazon-centric earnings without the membership price tag, consider the Amazon Rewards Visa Signature Card. This version also has an annual fee of $0, but it doesn't require a Prime membership. It earns less in rewards at Amazon and Whole Foods, but you'll snag the same rate back at restaurants, gas stations and drugstores.

» MORE: Best credit cards for grocery store spending

Rewards flexibility

The only thing more fun than earning rewards is redeeming them, and your earnings on the Amazon Prime Rewards Visa Signature Card can be used in a variety of ways (which isn't always the case with store-branded credit cards). Use rewards toward your next Amazon purchase, or redeem them through Chase to buy gift cards, to book travel or to get straight-up cash back. Points are worth one cent each any way you use them.

Packed with extras

Even if the farthest you travel is from your bed to your couch, the Amazon Prime Rewards Visa Signature Card is jam-packed with juicy Visa Signature extras that nearly anyone can benefit from. Serious online shoppers can take advantage of the purchase and warranty protections on qualifying items. And for those who do travel frequently, the Amazon Prime Rewards Visa Signature Card doesn't come with any foreign transaction fees, making it ideal for use internationally. Domestic and international travelers alike can find value in the included auto rental collision damage waiver coverage, baggage delay insurance, and travel and emergency assistance.

»MORE: Declining car rental insurance abroad? Know the risks

Why you might want a different card

You don't shop at Amazon or whole foods much 

Unless you're doing a significant amount of shopping through Amazon or at Whole Foods, it doesn't make sense to apply for the Amazon Prime Rewards Visa Signature Card. For starters, Amazon isn't always the cheapest option — especially when you factor in the cost of a Prime membership — and Whole Foods didn't earn the nickname "Whole Paycheck" for carrying budget-minded fare. If you aren't into membership fees and you're looking for low prices, consider applying for a different co-branded credit card from a different ubiquitous retail behemoth: namely, the Capital One® Walmart Rewards™ Mastercard®. The card offers similarly generous rewards for shopping under the Walmart umbrella: 5% back on purchases at Walmart.com; 2% back on in-store purchases at Walmart (including at Murphy USA and Walmart gas stations), as well as on travel and restaurant expenses; and 1% back on all other purchases. And like Amazon, Walmart also carries just about any item you can think of. The difference? No annual membership fee is required to hold the card.

» MORE:How the Capital One® Walmart Rewards™ Mastercard® stacks up vs. the competition

You want a simple high rate back on everything

The Amazon Prime Rewards Visa Signature Card offers elevated rewards in several categories — but not on every purchase you make. If you want a simpler option that can reward you well no matter where you buy, a better choice might be the Citi® Double Cash Card – 18 month BT offer. It has the potential to earn a fantastic 2% cash back on all purchases: 1% when you buy, plus another 1% when you pay, with no category tracking or pricey membership required. The annual fee is $0.

And if that card doesn't make sense for you, check out a list of Nerdwallet's best rewards credit cards.

You're looking for a 0% intro APR offer

If you're aiming to finance a big-ticket item or you just want some extra time to pay off an existing balance, there are plenty of cards with enticing introductory interest-free offers. As with most store-branded credit cards, the Amazon Prime Rewards Visa Signature Card is not one of them. For a lengthy 0% intro APR period on both balance transfers and purchases, the U.S. Bank Visa® Platinum Card is a good choice.

Should you get the Amazon Prime Rewards Visa Signature Card?

If you spend big at Amazon, Whole Foods, or both, no other card can reward you as generously and consistently as the Amazon Prime Rewards Visa Signature Card. But if you aren't doing most of your shopping at either place, there's little reason to get this card.

Information related to the Amazon Prime Rewards Visa Signature Card and the Amazon Rewards Visa Signature Cardhas been collected by NerdWallet and has not been reviewed or provided by the issuer of this card.

Источник: https://www.nerdwallet.com/reviews/credit-cards/amazon-prime-rewards

Zero Fraud Liability

With Zero Fraud Liability, you will never be held accountable for unauthorized purchases on your Amazon Rewards Visa Signature Card.⁴

Auto Rental Collision Damage Waiver

Decline the rental company’s collision insurance and charge the entire rental cost to your Amazon Rewards Visa Signature Card. Coverage is provided for theft and collision damage for most rental cars in the U.S. and abroad. In the U.S., coverage is secondary to your personal insurance.³

Roadside Dispatch

If you have a roadside emergency, call 1-800-847-2869 anytime to dispatch the help you need – anything from a tow or jumpstart to a tire change, lockout service, winching or gas delivery. Roadside service fees will be provided when you call and will be billed to your card.³

Extended Warranty Protection

Your Amazon Rewards Visa Signature Card extends the time period for the U.S. manufacturer’s warranty by an additional year, on eligible warranties of three years or less.³

Purchase Protection

Your Amazon Rewards Visa Signature Card covers your new purchases for 120 days against damage or theft up to $500 per claim and $50,000 per account.³

Источник: https://www.amazon.com/b?ie=UTF8&node=16070413011

Credit Cards

*This 0% introductory APR offer is for the Cash Back, Platinum Preferred, Platinum Preferred Rewards and Platinum Preferred Student/Starter Visa cards. The 0% introductory APR is for 18 months (billing cycles) on qualified balance transfers. After that, the variable APR will be 8.99% -17.49% APR. The variable APR will vary based on the Prime Rate.

Balance transfers must be submitted within the first 90 calendar days from account opening to qualify for the 0% introductory APR offer. There is a no balance transfer fee for all balance transfer requests submitted within the first 90 calendar days of account opening at the 0% introductory APR. There is no balance transfer fee for all balance transfer requests submitted and posted to your account after 90 calendar days of account opening, and you will be charged your standard variable rate APR.

Balance transfer offer is for new accounts opened 10/1/2021 through 12/31/2021.

1APR = Annual Percentage Rate. Membership eligibility applies. Subject to credit approval. Your APR is based on your creditworthiness and not all applicants will qualify for the lowest rate. The APR will vary with the market based on the Prime Rate reported within the Wall Street Journal on the first business day customer service for moneylion each month.

Variable APRs Based on Prime: For our variable rate cards, your Annual Percentage Rate is based on the U.S. Prime Rate (“Prime Rate”). Your Annual Percentage Amazon student visa credit card will equal the Prime Rate plus a margin. If the Prime Rate increases, it will cause the Annual Percentage Rate to increase. If the Prime Rate decreases, it will cause the Annual Percentage Rate to decrease. Becu org online banking login FINANCE CHARGE for every $1.00 in your mountain america repos balance may increase if the Prime Rate rises and will decrease if the Prime Rate falls. For example, a change in the Prime Rate of one percentage point will result in a one percentage point change in the same direction in your Annual Percentage Rate with a corresponding change in your daily periodic rate. For each billing period, we use the Prime Rate published in The Wall Street Journal on the first business day of each month. If the Prime Rate causes an Annual Percentage Rate to change, we put the new Annual Percentage Rate into effect as of the first day of the billing period following the month in which the Prime Rate changed. We apply the new Annual Percentage Rate to any existing balance, subject to any promotional rates that may apply.

For Cash Back, Platinum Preferred Student/Starter, Platinum Preferred and Platinum Preferred Rewards VISA cards, the margin is determined based on an evaluation of each member’s credit history. The margins will range from 5.74% amazon student visa credit card 14.24% based on product type. For the Classroom Supply VISA, the margin is 0.00%. For the Share Secured and the Money Market Share Secured VISA cards, the margin is 1.00%.

Источник: https://www.apgfcu.com/borrow/credit-card.html

Amazon Prime Rewards Visa Signature Card: Get 5% Cash Back and a Suite of Perks

The Amazon Prime Rewards Visa Signature Card is the second credit card I opened in college, and I’ve had it for over 10 years now. It’s also one of my favorite credit cards because it offers 5% cash back at Amazon.com, which is where I do most of my online shopping. It can be especially beneficial if you’re planning to do a lot of shopping online during Amazon Prime Day and the holidays.

The card isn’t just great for Amazon purchases, however. Here’s everything you can expect to get with the Amazon Prime Rewards Visa Signature Card.

Amazon Prime Rewards Visa Signature Card Review

The card, which is issued by Chase, doesn’t offer a big sign-up bonus, but for people who spend a lot online and at Whole Foods Market, it’s tough to beat.

Rewards Rates

The Amazon Prime Rewards Visa Signature Card offers 5% cash back at Amazon.com and Whole Foods Market, 2% back at restaurants, gas stations and drugstores, and 1% back on everything else. Note, however, that if you want to earn the 5% rate at Amazon.com and Whole Foods Market, you’ll need to be a Prime subscriber.

If you’re not an eligible Prime member, you’ll be downgraded to the Amazon Rewards Visa Signature Card, which offers just 3% back on those purchases.

An Amazon Prime subscription costs $119 per year, but if it helps you earn 2% more back with the Amazon Prime Rewards Visa Signature Card, you could recoup that cost after you spend $5,950 per year at Amazon.com and Whole Foods Market.

Annual Fee

The card doesn’t charge an annual fee, which is great if you’re already a Prime member and you’re spending that money whether or not you have the card. If you don’t have an Amazon Prime membership, though, you will need to pay the $119 annual fee to join, which may feel steep if you wouldn’t otherwise join Prime.

Credit Score

While the credit card issuer, Chase Bank, doesn’t expressly state the Amazon Prime Rewards Visa Signature Card credit score necessary to qualify, you’ll most likely be approved  with a credit score of fair to excellent (640-850). You can monitor all three of your credit reports for free and possibly boost your credit score several points using this free service.

Average Percentage Yield (APR)

The Amazon Prime Rewards Visa Signature Card APR is a variable regular APR based on creditworthiness. APR is the interest rate for a whole year, rather than just a monthly rate, as applied to whatever balance you carry from one statement period to the next. Chase will determine your APR during the approval process. However, APRs can fluctuate periodically as a credit card issuer adjusts its rates to the market.

Redemption

The cash back you earn comes in the form of points, and unlike most store credit cards, you’ll get a lot of flexibility with how you can use them. Your points are worth 1 cent apiece, regardless of how you use them, and you can opt for one of the following:

  • Pay for Amazon.com purchases at checkout
  • Get cash back in the form of a direct deposit
  • Request a statement credit to help pay down your balance
  • Buy gift cards through Chase (review the latest Chase gift card deals)
  • Book travel through the Chase Travel Center

One thing to note is that if you want to use your points to book travel, you’ll need to call Chase to do it. There’s no way to go through amazon student visa credit card process online.

While the redemption how to pay my kohls bill online is the same for all options, I’d recommend avoiding using your points to pay at checkout. The reason is that if you’re using rewards, you’re not getting the 5% back on the amount that you’d get if you were using your card.

For example, if you have a $100 purchase and use your card, you’d get $5 back, and you can request a direct deposit or statement credit for $105 to effectively pay off the purchase and more. But if you use your points, you wouldn’t get the extra $5. So while it’s convenient, skip using your points to pay for Amazon.com purchases during the checkout process.

Bonus

The card doesn’t have a standing sign-up bonus like most rewards credit cards. However, from time to time, Amazon will offer a gift card, which it will load onto your account as soon as your credit card is opened. The highest bonus I’ve seen is a $100 gift card, but the actual bonus can vary.

Amazon Prime Rewards Signature Visa Bonus

Currently, for Prime members, the Amazon Prime Rewards Signature Visa bonus is a $100 gift card immediately applied to your account upon approval. However, this bonus offer may vary depending on the time of year you choose to apply, as well as your geographical location at time of application.

Amazon Rewards Visa Card Bonus

For those who aren’t Prime members, the Amazon Rewards Visa Card bonus is a $50 joe lamb rentals south nags head card applied to your account upon approval. Similar to the Prime Rewards Card bonus, this offer can vary by seasonality and geographical location.

Benefits

While the card’s rewards program alone makes it worth having in your wallet, it also offers some significant perks that you don’t normally get with a cash-back credit card, as well as some that are pretty standard:

  • Travel accident insurance: If you use the card to pay for eligible transportation, you qualify for accidental death and dismemberment coverage of up to $500,000.
  • Lost luggage reimbursement: If a carrier loses or damages your luggage, you can get reimbursed for up to $3,000 to replace the contents.
  • Baggage delay insurance: If a carrier delays your luggage by six hours or more, you can get reimbursed up to $100 per day for up to three days for essential purchases like clothing and toiletries.
  • Rental car insurance: Use your card to pay for your car rental and decline the company’s coverage, and you’ll get insurance for theft and collision damage (secondary to your personal auto insurance first hawaiian bank pearl city dispatch: If you experience a roadside emergency, you can call to get a dispatch for a tow, jumpstart, tire change, lockout service, winching and even gas delivery. While the dispatch service is free, the actual assistance is not.
  • Purchase protection: If you purchase an eligible item with the card and it’s damaged or stolen within 120 days of the purchase date, you’ll be covered up to $500 per item and up to $50,000 total on your account.
  • Extended warranty protection: If you buy an eligible item with your card and the item has a warranty of three years or less, you’ll get an additional year’s worth of protection.
  • No foreign transaction fees: The card won’t charge a fee, which is typically 3%, when you make other purchases abroad.

Amazon Prime Rewards Visa Versus Amazon Rewards Visa

If you are looking to earn rewards on everyday purchases, then you should get either the Amazon Rewards Card or the Amazon Prime Rewards Visa Signature Card. While both are no-annual-fee cards, the main difference is whether or not you have an Amazon Prime membership. Prime members will be able to earn 5% back at Amazon and Whole Foods. Whereas, non-Prime members will only earn 3% back for the same purchases.

 Amazon Rewards Visa CardAmazon Prime Rewards Visa Card
Amazon & Whole Foods Market3%5%
Restaurants, gas stations & drugstores2%2%
All other purchases1%1%
Annual FeeNoneNone
Foreign Transaction FeesNoneNone
Interest-free financing on purchases over $50YesYes
Credit card issuerChaseChase

5 Ways to Save With the Amazon Prime Rewards Signature Visa

Squeeze More Out of Every Amazon Prime Purchase

Right now, there doesn’t seem to be any other credit card that offers such a high rewards rate for spending at Amazon and Whole Foods. You get 5% back on qualifying Amazon and Whole Foods purchases, which is great for those who are fans of both retailers.

Sure, other cards occasionally offer bonus categories that could rival this card, but as a regular patron of Amazon, I don’t want to wait for rotating categories to come around. In many cases, I find big-ticket items tend to be cheaper on Amazon, and the rewards rate helps me save even more money.

You can further optimize your spending by checking Slickdeals for any Amazon deals or coupon codes before making any other purchases.

Amazon Prime Rewards Visa Has No Annual Fee

While this co-branded Chase card technically has no annual fee, you do need Prime membership to get this card. If you’ve already paid the annual Prime membership fee anyway, why not sign up and start earning rewards? Even if you put the card in your sock drawer, you’re not out any cash.

Additionally, if you downgrade and no longer want to be one of the millions of Amazon Prime members, you can still earn cash rewards. Instead, you’ll earn 3% cash back on spending at Amazon and Whole Foods, and you’re still not subject to an annual fee.

Redeem Points Any Time You Want

You can earn an unlimited amount of rewards, and they don’t expire. There’s also no minimum redemption requirements — use them as soon as they land in your rewards account. Whenever you check out at Amazon and you’ve linked your card, you should be able to see how much cash back you have, and whether you want to use it up.

Since points don’t expire, you can save them for big-ticket items or deals during Prime Day or Black Friday. However, like we stated earlier, redeeming points for products means you miss out on the 5% arvest bank little rock ar you would have otherwise earned. But if you’re ok with missing out on the extra savings, saving points for holiday spending is a popular option.  Knowing that Prime deliveries take one to two days to arrive, I’ve been able to ship off last-minute gifts in time to go under the tree.

Nab Some Other Perks While You’re At It

Aside from getting cash rewards, there are other perks, like certain consumer protections. This card comes with extended warranty protection on qualifying amazon student visa credit card. Not that I usually shell out extra cash for those types of warranty add-ons, but it’s nice knowing that my purchases have additional protection.

Like other cards issued by Chase, Amazon Prime Rewards Signature Visa features purchase protection up to $500 per claim, a maximum of $50,000 per account when your item is damaged or stolen within 120 days. But always check the fine print to see which products qualify.

The Amazon Prime credit card is a great backup card when traveling abroad too. International purchases aren’t subject to foreign transaction fees and you can get other benefits such as baggage delay insurance and travel accident insurance. But only when travel purchases are made on the card, of course. Thank goodness we haven’t had to make any claims for loss or damage during our travels, but travel protection does bring piece of mind.

Additionally, the 2% back at gas stations and drugstores is a great value for other purchases that don’t fit neatly into traditional rewards categories like spending at supermarkets or home improvement stores.

Start Getting Free (or Heavily Discounted) Amazon Purchases

If your already legions of Amazon Prime members, it’s worth looking into getting the Amazon credit card for the cash rewards alone. It’s a no-annual-fee card that squeezes more savings from every Amazon or Whole Foods purchase.

However, the Amazon Prime credit card might not be worth it, if you don’t spend more than $5,950 a year for the extra 2% in earnings — the amount amazon student visa credit card makes up for the cost of membership. For the occasional Amazon shopper, you might want to stick with the regular Amazon Rewards Visa card. However, if you use other services Prime Video or music streaming, this 5% back card is a no-brainer.

Apply for Prime Rewards Visa Signature Card

The Amazon Prime Rewards Visa Signature Amazon student visa credit card is one of the best store credit cards available. It offers excellent rewards at Amazon.com and Whole Foods Market, gas stations, as well as on other purchases, and it provides standout benefits you won’t normally see from a store card or even a standard cash-back credit card for that matter.

If you regularly shop at Amazon.com or Whole Foods Market and you’re a Prime member, the card’s a no-brainer. Union savings bank com you’re not a Prime member, do the math on a membership and your typical online spending to determine if it’s a good bet for you.

Источник: https://money.slickdeals.net/credit-cards/amazon-prime-rewards-visa-signature-card/

Amazon Prime Rewards Review: Perhaps the Ultimate Store Card

If you're an Amazon Prime loyalist, it's hard to find fault with the Amazon Prime Rewards Visa Signature Card.

The card, issued by Chase, earns a stellar rewards rate at both Amazon.com and Whole Foods. And unlike a lot of other store-branded cards, you can use it — and earn rewards with it — anywhere that accepts Visa. You'll enjoy bonus rewards at restaurants, drugstores and gas stations, too. Plus, redemption options are quite flexible for a store card.

You get all this for an annual fee of $0, although you'll need to pay for an Amazon Prime membership first. Those who don't shop enough with Amazon to justify that membership fee will want to look elsewhere.

Nerdy tip: Amazon offers an array of credit cards in addition to this one. Some are for Prime members only, while others are open to anyone. Some are store cards that can be used only at Amazon; others can be used anywhere that accepts Visa. Here's a look at other options.

» MORE: NerdWallet's best store credit cards

Key features of the Amazon Prime Rewards Visa Signature Card

Card type:Store and rewards.

Annual fee: $0, but you must be an Amazon Prime member. Membership costs $119 annually ($59 a year for students).

Sign-up bonus: Amazon occasionally offers gift cards of varying amounts upon approval.

Rewards:

  • 5% back at Amazon.com and Whole Foods Market.

  • 2% back at restaurants, gas stations and drugstores.

  • 1% back on all other purchases.

Rewards come as points that are worth a penny each. They can be redeemed toward eligible Amazon.com purchases, with no minimum redemption required. But you can also redeem points through Chase for cash back, either as a statement credit or a deposit into an eligible checking or savings account, also with no minimum required. Other redemption options include travel and gift cards. Note that points earned on the Amazon Prime Rewards Visa Signature Card cannot be combined with Chase Ultimate Rewards® points.

APR:The ongoing APR is 14.24%-22.24%, Variable.

Foreign transaction fees: None.

Other benefits:

  • Travel protections: Travel accident insurance, lost luggage reimbursement, baggage delay insurance, travel and emergency assistance, auto rental collision damage waiver, roadside dispatch.

  • Shopping protections:Extended warranty, purchase protection.

  • Plus: Visa Signature concierge service and access to booking hotels in the Visa Signature Luxury Hotel Collection.

» MORE: Chase credit cards mobile app review

Why you might amazon student visa credit card the Amazon Prime Rewards Visa Signature Card

High ongoing rewards

If you spend a lot at Amazon.com or Whole Foods Market, no other card can offer such consistently high rewards for your loyalty as the Amazon Prime Rewards Visa Signature Card. A few other cards do come close, like theDiscover it® Cash Back. It earns up to 5% cash back in rotating bonus categories that change each quarter, up to a $1,500 quarterly spending cap. (Activation is required; all other purchases earn 1% back.) And in the past, Amazon.com has been among that card's 5% bonus categories — but, again, only for a three-month period, amazon student visa credit card only up to that combined quarterly $1,500 cap.

Nerdy tip: If you want Amazon-centric earnings without the membership price tag, consider the Amazon Amazon student visa credit card Visa Signature Card. This version also has an annual fee of $0, but it doesn't require a Prime membership. It earns less in rewards at Amazon and Whole Foods, but you'll snag the same rate back at restaurants, gas stations and drugstores.

» MORE: Best credit cards for grocery store spending

Rewards flexibility

The only thing more fun than earning rewards is redeeming them, and your earnings on the Amazon Prime Rewards Visa Signature Card can be used in a variety of ways (which isn't always the case with store-branded credit cards). Use rewards toward your next Amazon purchase, or redeem them through Chase to buy gift cards, to book travel or to get straight-up cash back. Points are worth one cent each any way you use them.

Packed with extras

Even if the farthest you travel is from your bed to your couch, the Amazon Prime Rewards Visa Signature Card is jam-packed with juicy Visa Signature extras that nearly anyone can benefit from. Serious online shoppers can take advantage of the purchase and warranty protections on qualifying items. And for those who do travel frequently, the Amazon Prime Rewards Visa Signature Card doesn't come with any foreign transaction fees, making it ideal for use internationally. Domestic and international travelers alike can find value in the included auto rental collision damage waiver coverage, baggage delay insurance, and travel and emergency assistance.

»MORE: Declining car rental insurance abroad? Know the risks

Why you might want a different card

You don't shop at Amazon or whole foods amazon student visa credit card you're doing a significant amount of shopping through Amazon or at Whole Foods, it doesn't make sense to apply for the Amazon Prime Rewards Visa Signature Card. For starters, Amazon isn't always the cheapest option — especially when you factor in the cost of a Prime membership — and Whole Foods didn't earn the nickname "Whole Paycheck" for carrying budget-minded fare. If you aren't into membership fees and you're looking for low prices, consider applying for a different co-branded credit card from a different ubiquitous retail behemoth: namely, the Capital One® Walmart Rewards™ Mastercard®. The card offers similarly generous rewards for shopping under the Walmart umbrella: 5% back on purchases at Walmart.com; 2% back on in-store purchases at Walmart (including at Murphy USA and Walmart gas stations), as well as on travel and restaurant expenses; and 1% back on all other purchases. And like Amazon, Walmart also carries just about any item you can think of. The difference? No annual membership fee is required to hold the card.

» MORE:How the Capital One® Walmart Rewards™ Mastercard® stacks up vs. the competition

You want a simple high rate back on everything

The Amazon Prime Rewards Visa Signature Card offers elevated rewards in several categories — but not on every purchase you make. If you want a simpler option that can reward you well no matter where you buy, a better choice might be the Citi® Double Cash Card – 18 month BT offer. It has the potential to earn a fantastic 2% cash back on all purchases: 1% when you buy, plus another 1% when you pay, with no category tracking or pricey membership required. The annual fee is $0.

And if that card doesn't make sense for you, check out a list of Nerdwallet's best rewards credit cards.

You're looking for a 0% intro APR offer

If you're aiming to finance a big-ticket item or you just want some extra time amazon student visa credit card pay off an existing balance, there are plenty of cards with enticing introductory interest-free offers. As with most store-branded credit cards, the Amazon Prime Rewards Visa Signature Card is not one of them. For a lengthy 0% intro APR period on both balance transfers and purchases, the U.S. Bank Visa® Platinum Card is a good choice.

Should you get the Amazon Prime Rewards Visa Signature Card?

If you spend big at Amazon, Whole Foods, or both, no other card can reward you as generously and consistently as the Amazon Prime Rewards Visa Signature Card. But if you aren't doing most of your shopping at either place, there's little reason to get this card.

Information related to the Amazon Prime Rewards Visa Signature Card and the Amazon Rewards Visa Signature Cardhas been collected by NerdWallet and has not been reviewed or provided by the issuer of this card.

Источник: https://www.nerdwallet.com/reviews/credit-cards/amazon-prime-rewards

Amazon to block UK Visa credit cards from January 2022

Amazon will stop accepting Visa credit cards in the UK from 19 January 2022, meaning cards from some of the country’s largest banks will no longer work with the world’s biggest online retailer.

The news was communicated to customers today via email in which Amazon revealed the change is due to the ‘high fees’ Visa charges for processing credit card transactions.

Visa debit cards and credit cards from other payment networks, such as Mastercard, will still be accepted.

Why won’t Amazon accept Visa credit cards?

Earlier this year, Visa increased its ‘interchange fee’ for some online credit card payments fivefold to 1.5%. The fee is an amount taken from a payment to cover the costs of sending money between your bank and a retailer’s bank.

The higher fee is charged on payments from UK customers to EU merchants. It might be that Amazon – with a European HQ in Luxembourg – counts as an EU merchant in this case, though Which? did not receive confirmation of this from either Visa or Amazon ahead of publication.

Before Brexit, interchange fees like these were capped at 0.3% by the European Commission. Mastercard has also increased its fees on cross border payments to 1.5%, though Amazon has not announced a similar ban on Mastercard credit cards. We asked Amazon if it would be banning Mastercard payments as well on this basis and it declined to comment.

Gareth Shaw, Which? Head of Money said: ‘There have been long-standing concerns about soaring credit card fees that affect both consumers and businesses.

‘We would encourage Amazon and Visa to urgently find a resolution to prevent any restriction on consumer choice. Regulators should also look very closely at this development and work to establish whether fees in the credit card market are fair and what impact this will have on competition.’

Which? Money magazine advert. Click here to sign up for £3 a month.

Which credit cards will be affected?

Amazon’s announcement will come as a shock to UK customers who use Visa credit cards with the retailer. Major Visa credit cards include Barclaycard, HSBC and Nationwide.

However, many major credit cards operate on the Mastercard network – including those from Natwest, Halifax and TSB. Amazon’s own credit card also uses the Mastercard network.

Since Amazon will continue accepting Mastercard credit cards, many customers will not be affected at all. Still, this unexpected turn will be frustrating for many UK credit card customers.

A Visa spokesperson told Which?: ‘UK shoppers can use their Visa debit and credit cards at Amazon UK today and throughout the holiday season. We are very disappointed that Amazon is threatening to restrict consumer choice in the future. When consumer choice is limited, nobody wins.

‘We have a long-standing relationship with Amazon, and we continue to work toward a resolution, so our cardholders can use their preferred Visa credit cards at Amazon UK without Amazon-imposed restrictions come January 2022.’

When should you pay by credit card?

Amazon customers with Visa credit cards could miss out on a major consumer protection thanks to this change.

If you pay via credit card for goods or services over £100 and under £30,000 you’ll be able to claim money back from your card provider under Section 75 east cambridge savings bank main office the Consumer Credit Act if something goes wrong.

Any Visa credit cardholders who simply switch to a debit card will no longer have this powerful protection. Amazon customers who want Section 75 cover will need to switch to a Mastercard or American Express credit card, which may involve a new application that could impact their credit score if they don’t already have one.

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Источник: https://www.which.co.uk/news/2021/11/amazon-to-block-uk-visa-credit-cards-from-january-2022/

BECU Visa Credit Cards

BECU Membership required in order to obtain a VISA. Refer to the Visa Guide to Benefits for complete terms, conditions, and benefit details.

*$300 CASH BACK AFTER SPENDING $3,000 IN PURCHASES IN THREE (3) MONTHS from amazon student visa credit card opening:
This offer is not available to either (i) current cardholders of this credit card, or (ii) previous cardholders of this credit card who received a new cardholder bonus for this credit card within the last 12 months. You will receive $300 cash back credit which you must redeem. To qualify and receive your bonus, you must make purchases totaling $3,000 or more in the first 3 months from account opening. (“Purchases” do not include balance transfers, cash advances, travelers checks, foreign currency, money orders, wire transfers, or similar cash-like transactions, spirit airlines phone number usa tickets, casino gaming chips, race track wagers, or similar betting transactions, any checks that access your account, interest, unauthorized or monthly fee bank of america checking account charges, any fees of any kind, including an annual fee, if applicable.) After qualifying, please allow up to 30 days for bonus to post to your cash back balance. To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment.

 
Источник: https://www.becu.org/everyday-banking/credit-card
amazon student visa credit card

Amazon student visa credit card -

Apple Card vs Amazon Prime Rewards Visa: which credit card offers the most cash back and best perks?

Apple is being praised for disrupting the credit card industry with its forthcoming Apple Card, but Amazon is already offering a lot of the same benefits — and you even get a metal credit card from them, too. AppleInsider breaks the two down.

Apple Card is Apple's foray into personal finance, that has no fees and which pays you money every time you use it. You can use it online the instant you're approved, and the physical card you get sent is shiny metal. Maybe the fees and cash side are more important than the metal card, but they're all reasons to like Apple Card — which means you should also like Amazon's equivalents.

We still have a while to wait before Apple Card is released, but you've long been able to get not just one but two different credit cards from Amazon that appear to do the same thing. In practice, there are subtle though significant differences, but Amazon's credit card is a serious contender.

It's sufficiently serious that maybe you shouldn't wait for Apple. And, maybe, you should have applied for Amazon's credit card years ago.

Two cards, both alike

We're going to compare the best of Amazon's two offerings, which is the Amazon Prime Rewards Visa Signature Card. There is, though, also the Amazon Rewards Visa Signature Card and if you just had to squint to see the difference in the name, the differences in what it does are much simpler.

The card we're going to call Amazon Prime Rewards from now on, offers you more money back on each purchase than the non-Prime one. It also requires you to be a member of Amazon Prime, where you don't for the non-Prime card.

Prime target

That requirement for you to have a membership with Amazon Prime is the first difference between this and Apple Card. It also makes a joke of how the Amazon Prime Rewards card insists that it doesn't charge an annual fee.

Strictly speaking, Chase Bank, which provides the service, doesn't ask you for an annual fee, but since you can't have a card without paying Amazon your $119 per year, you are being charged one.

It's just that it may very well be worth it. Amazon Prime offers other benefits, ranging from free or expedited shipping on items you buy, to a video streaming service. If you like the shows on that service or if you buy enough items from Amazon, that Prime membership could be a bargain.

Amazon would like you to see it as a steal, too, because if you qualify for its card, the company immediately gives you a $70 credit. If Amazon Prime is worth it at $119, it's got to be fantastic value at the equivalent of $49.

Except this credit is a signup bonus, you only get it at the start. For next year and every year after, you'll be paying the full $119 every time.

In comparison, Apple Card doesn't give you any bonus on signing up, but it also never charges you an annual fee just for having it.

That said, an Apple Card is a bit useless to you without at least an iPhone. So you could argue that the up-front cost of Apple Card is a lot more than Amazon's.

Cash back

Both Apple Card and Amazon Prime Rewards offer you money back whenever you buy something through it. Any amount of cash back is good, but Apple's offering ranges from a mere 1% to 3% depending on where you are buying whatever it is.

In practice, you're most likely to get 2% because that's the amount when you buy anything, from anywhere, using Apple Pay. If you buy it from Apple, that's when you get the 3% return.

Amazon has the same 1% when you buy just about anything, anywhere, using it. Then it offers 2% across common outlets such as drug stores and gas stations. If you are buying anything on Amazon or through its subsidiary Whole Foods Market (not including international stores), then you get 5%.

The headlines of what Amazon's Prime Rewards card offers are compelling

You don't have to count on your fingers to know that Amazon's top 5% is more than Apple's top 3%, but seeing the difference in cold cash is much more vivid.

Say you bought a 40mm Apple Watch Series 4 with cellular connection. If you get it from Apple, that retails for $499 and with the cash back, it's ultimately costing you just $484.03.

That's not bad at all, and now there's no way you'd buy a $10,000 iMac Pro any other way.

Except that on Amazon, that same Apple Watch Series 4 is currently selling for $449.99 with coupon. That's already a savings, but throw in that you're going to get a 5% bonus, and now you're saving $22.50. You're spending a total of $436.49, or forty-seven bucks less for the same Watch.

When you see it

Amazon's clearly the better offer for cash back, but there is the question of when you actually get the money and that's more complicated. The short version is that with Amazon, you'll see your cash in your account at the end of the month. With Apple, you see it every day.

Only, when you go to buy something on Amazon and you're using its card, you will be offered a discount right away. At checkout time, you can choose to reduce the price by using this cashback figure. All credit card experts say no, though, don't do it. Pay the full price and let your cashback accrue through the month.

Amazon's card is metal. And of course it's got reviews.

Amazon's card is metal. And of course it's got reviews.

There's also the fact that Amazon does this through a points system where about 1 cent equals 1 point. It doesn't appear to change, so it isn't that you have to figure out in your head what the points mean, but Apple's got this right. With Apple, there's no messing around with points, there is just the cash in dollars and cents.

Simplicity really counts

Apple can't touch Amazon for that cashback amount, not when it's 5% and when it applies to everything you buy through the service. Yet it can compare on simplicity and giving you control of your finances. If that sounds like a small thing, still it's really what will make Apple Card disrupt the industry.

With Apple Card, you'll see every transaction in all the detail you need, without any delay. With Apple Card you can see the difference to you in dollars if you pay off the entire balance each month or you don't.

It's much clearer with Apple Card how much interest you'll pay

It's much clearer with Apple Card how much interest you'll pay

There are other differences between the services — ranging from details about late fees and when interest is charged on which amount — but they don't change the headlines.

Apple Card is good card with pretty good cashback rewards and exceptional tools for managing your money. Amazon Prime Rewards currently comes with significantly better cash rewards and if you're already a Prime member, no downsides.

There is one big question over the Purchase APR of these two cards. Apple has been criticised for saying it offers great, low rates when its card's APR will be from 13.24% to 24.24%, depending on your credit worthiness. However, Amazon's ranges from 16.49% to 24.49%.

The very best way to use a credit card, regardless of who it's from, is to pay off your entire balance every month. If you do that, if you are on top of your spending, and if you buy a lot through Amazon, then Amazon's card is the better value.

Keep up with AppleInsider by downloading the AppleInsider app for iOS, and follow us on YouTube, Twitter @appleinsider and Facebook for live, late-breaking coverage. You can also check out our official Instagram account for exclusive photos.

Источник: https://appleinsider.com/articles/19/04/27/apple-card-vs-amazon-prime-rewards-visa-which-credit-card-offers-the-most-cash-back-and-best-perks

Credit Cards

*This 0% introductory APR offer is for the Cash Back, Platinum Preferred, Platinum Preferred Rewards and Platinum Preferred Student/Starter Visa cards. The 0% introductory APR is for 18 months (billing cycles) on qualified balance transfers. After that, the variable APR will be 8.99% -17.49% APR. The variable APR will vary based on the Prime Rate.

Balance transfers must be submitted within the first 90 calendar days from account opening to qualify for the 0% introductory APR offer. There is a no balance transfer fee for all balance transfer requests submitted within the first 90 calendar days of account opening at the 0% introductory APR. There is no balance transfer fee for all balance transfer requests submitted and posted to your account after 90 calendar days of account opening, and you will be charged your standard variable rate APR.

Balance transfer offer is for new accounts opened 10/1/2021 through 12/31/2021.

1APR = Annual Percentage Rate. Membership eligibility applies. Subject to credit approval. Your APR is based on your creditworthiness and not all applicants will qualify for the lowest rate. The APR will vary with the market based on the Prime Rate reported within the Wall Street Journal on the first business day of each month.

Variable APRs Based on Prime: For our variable rate cards, your Annual Percentage Rate is based on the U.S. Prime Rate (“Prime Rate”). Your Annual Percentage Rate will equal the Prime Rate plus a margin. If the Prime Rate increases, it will cause the Annual Percentage Rate to increase. If the Prime Rate decreases, it will cause the Annual Percentage Rate to decrease. Your FINANCE CHARGE for every $1.00 in your daily balance may increase if the Prime Rate rises and will decrease if the Prime Rate falls. For example, a change in the Prime Rate of one percentage point will result in a one percentage point change in the same direction in your Annual Percentage Rate with a corresponding change in your daily periodic rate. For each billing period, we use the Prime Rate published in The Wall Street Journal on the first business day of each month. If the Prime Rate causes an Annual Percentage Rate to change, we put the new Annual Percentage Rate into effect as of the first day of the billing period following the month in which the Prime Rate changed. We apply the new Annual Percentage Rate to any existing balance, subject to any promotional rates that may apply.

For Cash Back, Platinum Preferred Student/Starter, Platinum Preferred and Platinum Preferred Rewards VISA cards, the margin is determined based on an evaluation of each member’s credit history. The margins will range from 5.74% to 14.24% based on product type. For the Classroom Supply VISA, the margin is 0.00%. For the Share Secured and the Money Market Share Secured VISA cards, the margin is 1.00%.

Источник: https://www.apgfcu.com/borrow/credit-card.html

Amazon Prime Rewards Visa Signature Card: Get 5% Cash Back and a Suite of Perks

The Amazon Prime Rewards Visa Signature Card is the second credit card I opened in college, and I’ve had it for over 10 years now. It’s also one of my favorite credit cards because it offers 5% cash back at Amazon.com, which is where I do most of my online shopping. It can be especially beneficial if you’re planning to do a lot of shopping online during Amazon Prime Day and the holidays.

The card isn’t just great for Amazon purchases, however. Here’s everything you can expect to get with the Amazon Prime Rewards Visa Signature Card.

Amazon Prime Rewards Visa Signature Card Review

The card, which is issued by Chase, doesn’t offer a big sign-up bonus, but for people who spend a lot online and at Whole Foods Market, it’s tough to beat.

Rewards Rates

The Amazon Prime Rewards Visa Signature Card offers 5% cash back at Amazon.com and Whole Foods Market, 2% back at restaurants, gas stations and drugstores, and 1% back on everything else. Note, however, that if you want to earn the 5% rate at Amazon.com and Whole Foods Market, you’ll need to be a Prime subscriber.

If you’re not an eligible Prime member, you’ll be downgraded to the Amazon Rewards Visa Signature Card, which offers just 3% back on those purchases.

An Amazon Prime subscription costs $119 per year, but if it helps you earn 2% more back with the Amazon Prime Rewards Visa Signature Card, you could recoup that cost after you spend $5,950 per year at Amazon.com and Whole Foods Market.

Annual Fee

The card doesn’t charge an annual fee, which is great if you’re already a Prime member and you’re spending that money whether or not you have the card. If you don’t have an Amazon Prime membership, though, you will need to pay the $119 annual fee to join, which may feel steep if you wouldn’t otherwise join Prime.

Credit Score

While the credit card issuer, Chase Bank, doesn’t expressly state the Amazon Prime Rewards Visa Signature Card credit score necessary to qualify, you’ll most likely be approved  with a credit score of fair to excellent (640-850). You can monitor all three of your credit reports for free and possibly boost your credit score several points using this free service.

Average Percentage Yield (APR)

The Amazon Prime Rewards Visa Signature Card APR is a variable regular APR based on creditworthiness. APR is the interest rate for a whole year, rather than just a monthly rate, as applied to whatever balance you carry from one statement period to the next. Chase will determine your APR during the approval process. However, APRs can fluctuate periodically as a credit card issuer adjusts its rates to the market.

Redemption

The cash back you earn comes in the form of points, and unlike most store credit cards, you’ll get a lot of flexibility with how you can use them. Your points are worth 1 cent apiece, regardless of how you use them, and you can opt for one of the following:

  • Pay for Amazon.com purchases at checkout
  • Get cash back in the form of a direct deposit
  • Request a statement credit to help pay down your balance
  • Buy gift cards through Chase (review the latest Chase gift card deals)
  • Book travel through the Chase Travel Center

One thing to note is that if you want to use your points to book travel, you’ll need to call Chase to do it. There’s no way to go through the process online.

While the redemption rate is the same for all options, I’d recommend avoiding using your points to pay at checkout. The reason is that if you’re using rewards, you’re not getting the 5% back on the amount that you’d get if you were using your card.

For example, if you have a $100 purchase and use your card, you’d get $5 back, and you can request a direct deposit or statement credit for $105 to effectively pay off the purchase and more. But if you use your points, you wouldn’t get the extra $5. So while it’s convenient, skip using your points to pay for Amazon.com purchases during the checkout process.

Bonus

The card doesn’t have a standing sign-up bonus like most rewards credit cards. However, from time to time, Amazon will offer a gift card, which it will load onto your account as soon as your credit card is opened. The highest bonus I’ve seen is a $100 gift card, but the actual bonus can vary.

Amazon Prime Rewards Signature Visa Bonus

Currently, for Prime members, the Amazon Prime Rewards Signature Visa bonus is a $100 gift card immediately applied to your account upon approval. However, this bonus offer may vary depending on the time of year you choose to apply, as well as your geographical location at time of application.

Amazon Rewards Visa Card Bonus

For those who aren’t Prime members, the Amazon Rewards Visa Card bonus is a $50 gift card applied to your account upon approval. Similar to the Prime Rewards Card bonus, this offer can vary by seasonality and geographical location.

Benefits

While the card’s rewards program alone makes it worth having in your wallet, it also offers some significant perks that you don’t normally get with a cash-back credit card, as well as some that are pretty standard:

  • Travel accident insurance: If you use the card to pay for eligible transportation, you qualify for accidental death and dismemberment coverage of up to $500,000.
  • Lost luggage reimbursement: If a carrier loses or damages your luggage, you can get reimbursed for up to $3,000 to replace the contents.
  • Baggage delay insurance: If a carrier delays your luggage by six hours or more, you can get reimbursed up to $100 per day for up to three days for essential purchases like clothing and toiletries.
  • Rental car insurance: Use your card to pay for your car rental and decline the company’s coverage, and you’ll get insurance for theft and collision damage (secondary to your personal auto insurance policy).
  • Roadside dispatch: If you experience a roadside emergency, you can call to get a dispatch for a tow, jumpstart, tire change, lockout service, winching and even gas delivery. While the dispatch service is free, the actual assistance is not.
  • Purchase protection: If you purchase an eligible item with the card and it’s damaged or stolen within 120 days of the purchase date, you’ll be covered up to $500 per item and up to $50,000 total on your account.
  • Extended warranty protection: If you buy an eligible item with your card and the item has a warranty of three years or less, you’ll get an additional year’s worth of protection.
  • No foreign transaction fees: The card won’t charge a fee, which is typically 3%, when you make other purchases abroad.

Amazon Prime Rewards Visa Versus Amazon Rewards Visa

If you are looking to earn rewards on everyday purchases, then you should get either the Amazon Rewards Card or the Amazon Prime Rewards Visa Signature Card. While both are no-annual-fee cards, the main difference is whether or not you have an Amazon Prime membership. Prime members will be able to earn 5% back at Amazon and Whole Foods. Whereas, non-Prime members will only earn 3% back for the same purchases.

 Amazon Rewards Visa CardAmazon Prime Rewards Visa Card
Amazon & Whole Foods Market3%5%
Restaurants, gas stations & drugstores2%2%
All other purchases1%1%
Annual FeeNoneNone
Foreign Transaction FeesNoneNone
Interest-free financing on purchases over $50YesYes
Credit card issuerChaseChase

5 Ways to Save With the Amazon Prime Rewards Signature Visa

Squeeze More Out of Every Amazon Prime Purchase

Right now, there doesn’t seem to be any other credit card that offers such a high rewards rate for spending at Amazon and Whole Foods. You get 5% back on qualifying Amazon and Whole Foods purchases, which is great for those who are fans of both retailers.

Sure, other cards occasionally offer bonus categories that could rival this card, but as a regular patron of Amazon, I don’t want to wait for rotating categories to come around. In many cases, I find big-ticket items tend to be cheaper on Amazon, and the rewards rate helps me save even more money.

You can further optimize your spending by checking Slickdeals for any Amazon deals or coupon codes before making any other purchases.

Amazon Prime Rewards Visa Has No Annual Fee

While this co-branded Chase card technically has no annual fee, you do need Prime membership to get this card. If you’ve already paid the annual Prime membership fee anyway, why not sign up and start earning rewards? Even if you put the card in your sock drawer, you’re not out any cash.

Additionally, if you downgrade and no longer want to be one of the millions of Amazon Prime members, you can still earn cash rewards. Instead, you’ll earn 3% cash back on spending at Amazon and Whole Foods, and you’re still not subject to an annual fee.

Redeem Points Any Time You Want

You can earn an unlimited amount of rewards, and they don’t expire. There’s also no minimum redemption requirements — use them as soon as they land in your rewards account. Whenever you check out at Amazon and you’ve linked your card, you should be able to see how much cash back you have, and whether you want to use it up.

Since points don’t expire, you can save them for big-ticket items or deals during Prime Day or Black Friday. However, like we stated earlier, redeeming points for products means you miss out on the 5% back you would have otherwise earned. But if you’re ok with missing out on the extra savings, saving points for holiday spending is a popular option.  Knowing that Prime deliveries take one to two days to arrive, I’ve been able to ship off last-minute gifts in time to go under the tree.

Nab Some Other Perks While You’re At It

Aside from getting cash rewards, there are other perks, like certain consumer protections. This card comes with extended warranty protection on qualifying items. Not that I usually shell out extra cash for those types of warranty add-ons, but it’s nice knowing that my purchases have additional protection.

Like other cards issued by Chase, Amazon Prime Rewards Signature Visa features purchase protection up to $500 per claim, a maximum of $50,000 per account when your item is damaged or stolen within 120 days. But always check the fine print to see which products qualify.

The Amazon Prime credit card is a great backup card when traveling abroad too. International purchases aren’t subject to foreign transaction fees and you can get other benefits such as baggage delay insurance and travel accident insurance. But only when travel purchases are made on the card, of course. Thank goodness we haven’t had to make any claims for loss or damage during our travels, but travel protection does bring piece of mind.

Additionally, the 2% back at gas stations and drugstores is a great value for other purchases that don’t fit neatly into traditional rewards categories like spending at supermarkets or home improvement stores.

Start Getting Free (or Heavily Discounted) Amazon Purchases

If your already legions of Amazon Prime members, it’s worth looking into getting the Amazon credit card for the cash rewards alone. It’s a no-annual-fee card that squeezes more savings from every Amazon or Whole Foods purchase.

However, the Amazon Prime credit card might not be worth it, if you don’t spend more than $5,950 a year for the extra 2% in earnings — the amount that makes up for the cost of membership. For the occasional Amazon shopper, you might want to stick with the regular Amazon Rewards Visa card. However, if you use other services Prime Video or music streaming, this 5% back card is a no-brainer.

Apply for Prime Rewards Visa Signature Card

The Amazon Prime Rewards Visa Signature Card is one of the best store credit cards available. It offers excellent rewards at Amazon.com and Whole Foods Market, gas stations, as well as on other purchases, and it provides standout benefits you won’t normally see from a store card or even a standard cash-back credit card for that matter.

If you regularly shop at Amazon.com or Whole Foods Market and you’re a Prime member, the card’s a no-brainer. If you’re not a Prime member, do the math on a membership and your typical online spending to determine if it’s a good bet for you.

Источник: https://money.slickdeals.net/credit-cards/amazon-prime-rewards-visa-signature-card/

BECU Visa Credit Cards

BECU Membership required in order to obtain a VISA. Refer to the Visa Guide to Benefits for complete terms, conditions, and benefit details.

*$300 CASH BACK AFTER SPENDING $3,000 IN PURCHASES IN THREE (3) MONTHS from account opening:
This offer is not available to either (i) current cardholders of this credit card, or (ii) previous cardholders of this credit card who received a new cardholder bonus for this credit card within the last 12 months. You will receive $300 cash back credit which you must redeem. To qualify and receive your bonus, you must make purchases totaling $3,000 or more in the first 3 months from account opening. (“Purchases” do not include balance transfers, cash advances, travelers checks, foreign currency, money orders, wire transfers, or similar cash-like transactions, lottery tickets, casino gaming chips, race track wagers, or similar betting transactions, any checks that access your account, interest, unauthorized or fraudulent charges, any fees of any kind, including an annual fee, if applicable.) After qualifying, please allow up to 30 days for bonus to post to your cash back balance. To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment.

 
Источник: https://www.becu.org/everyday-banking/credit-card

Amazon to block UK Visa credit cards from January 2022

Amazon will stop accepting Visa credit cards in the UK from 19 January 2022, meaning cards from some of the country’s largest banks will no longer work with the world’s biggest online retailer.

The news was communicated to customers today via email in which Amazon revealed the change is due to the ‘high fees’ Visa charges for processing credit card transactions.

Visa debit cards and credit cards from other payment networks, such as Mastercard, will still be accepted.

Why won’t Amazon accept Visa credit cards?

Earlier this year, Visa increased its ‘interchange fee’ for some online credit card payments fivefold to 1.5%. The fee is an amount taken from a payment to cover the costs of sending money between your bank and a retailer’s bank.

The higher fee is charged on payments from UK customers to EU merchants. It might be that Amazon – with a European HQ in Luxembourg – counts as an EU merchant in this case, though Which? did not receive confirmation of this from either Visa or Amazon ahead of publication.

Before Brexit, interchange fees like these were capped at 0.3% by the European Commission. Mastercard has also increased its fees on cross border payments to 1.5%, though Amazon has not announced a similar ban on Mastercard credit cards. We asked Amazon if it would be banning Mastercard payments as well on this basis and it declined to comment.

Gareth Shaw, Which? Head of Money said: ‘There have been long-standing concerns about soaring credit card fees that affect both consumers and businesses.

‘We would encourage Amazon and Visa to urgently find a resolution to prevent any restriction on consumer choice. Regulators should also look very closely at this development and work to establish whether fees in the credit card market are fair and what impact this will have on competition.’

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Which credit cards will be affected?

Amazon’s announcement will come as a shock to UK customers who use Visa credit cards with the retailer. Major Visa credit cards include Barclaycard, HSBC and Nationwide.

However, many major credit cards operate on the Mastercard network – including those from Natwest, Halifax and TSB. Amazon’s own credit card also uses the Mastercard network.

Since Amazon will continue accepting Mastercard credit cards, many customers will not be affected at all. Still, this unexpected turn will be frustrating for many UK credit card customers.

A Visa spokesperson told Which?: ‘UK shoppers can use their Visa debit and credit cards at Amazon UK today and throughout the holiday season. We are very disappointed that Amazon is threatening to restrict consumer choice in the future. When consumer choice is limited, nobody wins.

‘We have a long-standing relationship with Amazon, and we continue to work toward a resolution, so our cardholders can use their preferred Visa credit cards at Amazon UK without Amazon-imposed restrictions come January 2022.’

When should you pay by credit card?

Amazon customers with Visa credit cards could miss out on a major consumer protection thanks to this change.

If you pay via credit card for goods or services over £100 and under £30,000 you’ll be able to claim money back from your card provider under Section 75 of the Consumer Credit Act if something goes wrong.

Any Visa credit cardholders who simply switch to a debit card will no longer have this powerful protection. Amazon customers who want Section 75 cover will need to switch to a Mastercard or American Express credit card, which may involve a new application that could impact their credit score if they don’t already have one.

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Источник: https://www.which.co.uk/news/2021/11/amazon-to-block-uk-visa-credit-cards-from-january-2022/

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