The Amazon Prime Rewards Visa Signature Card* is the premium Amazon credit card, available only to Amazon Prime members. It offers a strong 5% cash back in rewards at Amazon.com and Whole Foods Market with an eligible Prime membership, 5% back on Chase Travel purchases, 2% cash back at restaurants, gas stations, drugstores, and local transit and commuting and 1% on all other purchases. Get 10% back or more in bonus rewards on rotating categories and products sold on Amazon.com. This earning rate makes the Amazon Prime Rewards Visa Signature Card* the best credit card on the market for an Amazon purchase.
In addition to the strong cash-back rate, rewards are simple to redeem. You can use your cash back as a statement credit, direct deposit or for Amazon purchases. Another option is to use your rewards to get gift cards from a variety of merchants, which can be done online.
If you want to use your Amazon Prime rewards for travel you can, but the process requires calling Chase. And travel can only be booked through Chase’s travel agency, which may not have the best rates. You’ll likely be better off getting cash back and booking travel on your own than redeeming the card’s rewards for a travel booking.
The Amazon Prime Rewards Visa Signature Card also offers peace of mind after your purchases. The card extends the time period for the U.S. manufacturer’s warranty by an additional year on eligible warranties of three years or less. You are also protected against theft or damage for 120 days up to $500 per claim and $50,000 per credit card account. These two benefits together mean the card is useful for high-end Amazon purchases on high-ticket items such as electronics.
The Amazon Prime Rewards Visa Signature Card is a Visa Signature card, which means it offers a strong set of travel-related benefits, especially when you consider that there’s no additional annual fee other than paying for Prime membership. In fact, this card could replace a travel rewards card if you don’t need lounge access or specific airline or hotel chain perks. You won’t earn a travel category bonus, but if you don’t travel often the Amazon Prime Rewards Visa Signature Card could offer enough protection and perks for you.
The auto rental collision damage waiver benefit could save you hundreds on a car rental by allowing you to decline the pricey extra coverage offered by car rental companies. You can also get lost luggage reimbursem*nt and baggage delay insurance by paying for travel bookings with this card. In addition, the Amazon Prime Rewards Visa Signature Card doesn’t charge a foreign transaction fee.
The Visa Signature Concierge Service can come in handy if you need restaurant reservations, event tickets, or help with a special occasion.
Another travel benefit that doesn’t get enough credit is access to the Visa Signature Luxury Hotel Collection. The service, free with your Amazon Prime Rewards Visa Signature Card, gives you perks at over 900 hotels worldwide including automatic room upgrades (when available) and other goodies often including free breakfast and late checkout. With Visa Signature Luxury Hotel Collection bookings, you can get the perks of hotel status without the onerous stay requirements. The hotel benefit could return hundreds of dollars of cash to your pocket in just one stay.
And finally, if you get into trouble while traveling, Visa Signature Card services offer both roadside dispatch and travel and emergency assistance. Unfortunately, you will have to pay for the actual services you use; the card only offers access to someone who can help you.
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Amazon Prime Rewards Visa Signature Card Overview:
- This credit card is exclusively available to Amazon Prime members.
- It offers a competitive 5% cash back on purchases at Amazon.com and Whole Foods Market for eligible Prime members.
- Additionally, there is a 5% cash back on Chase Travel purchases.
- Other cash-back rates include 2% at restaurants, gas stations, drugstores, and local transit/commuting, and 1% on all other purchases.
- The card provides bonus rewards of 10% or more on rotating categories and select Amazon.com products.
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Redemption Options:
- Rewards earned through the Amazon Prime Rewards Visa Signature Card can be redeemed as a statement credit, direct deposit, or for Amazon purchases.
- Another option is to use the cash back for gift cards from various merchants, which can be done online.
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Travel Benefits:
- While the card allows for the use of rewards for travel, it's suggested that getting cash back and booking travel independently might be more cost-effective.
- The card offers an extended U.S. manufacturer's warranty, adding an extra year for eligible warranties of three years or less.
- Protection against theft or damage for 120 days is provided, up to $500 per claim and $50,000 per credit card account.
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Visa Signature Card Travel Benefits:
- The Amazon Prime Rewards Visa Signature Card falls under the Visa Signature category, providing travel-related benefits.
- It doesn't charge foreign transaction fees.
- The auto rental collision damage waiver can save on car rental costs by allowing the decline of extra coverage offered by rental companies.
- Additional travel benefits include lost luggage reimbursem*nt, baggage delay insurance, and access to the Visa Signature Luxury Hotel Collection.
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Concierge Services:
- The Visa Signature Concierge Service is available for assistance with restaurant reservations, event tickets, and special occasions.
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Emergency Assistance:
- The card offers roadside dispatch and travel and emergency assistance services when traveling.
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Trustworthiness of Forbes Advisor:
- The article concludes by mentioning the trustworthiness of Forbes Advisor, though the specific details are not provided.
This comprehensive breakdown highlights the key features and benefits of the Amazon Prime Rewards Visa Signature Card, emphasizing its strengths in cash back, travel perks, and additional protections.
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