There is the Amazon Visa rewards card, which have been around in a very old form, and now the new Amazon Visa Rewards Credit Card is now available. Just as announced last month, the new Amazon Visa Rewards Credit Card now allows card holders with an existing Amazon Prime membership to receive five percent back at the retailer. As of yet, Amazon hasn't made a complete list of the card benefits available to the cardholders, but the main rewards are:
One of the biggest reasons for this card is that its credit card benefits are quite generous. In addition to the five percent Amazon bonus, you also receive five percent off any other purchases made with the card. There are also no annual fees or service charges on your account, so the only thing that you have to pay for with the card is a one-time $75 application fee. And as a bonus, for every dollar you pay in balance with your Visa card, you will earn a one-cent reward, and you can redeem those rewards for anything from gift cards, airline miles, movie tickets, apparel and more.
The other two credit card benefits include an expanded rewards program, including more categories like grocery and clothing, and a rewards program for your home. The rewards you can earn on your Amazon purchases are based on how many items you purchase and how much you spend, so this gives you a chance to get the most out of the card you are considering.
The downside to the Amazon Visa rewards credit card, however, is that it does not offer cash back. If you want to earn cash back, you need to use your Amazon purchases to make purchases using your Visa card. If you do, then you will be eligible for a percentage-based cash back reward for the amount of money you pay in total for the purchases. Since the percentage you earn varies depending on your Amazon purchases, it can take some time to reach the maximum cash back reward you would get if you paid with a debit card.
You can find this card by calling the Visa office at the following numbers: in Seattle at 800-321-8337; in San Francisco at 650-925-5000; and in New York City at 800-949-7000. {depending on the area). You should apply as soon as possible, because it typically takes up to three weeks before you can actually start receiving the cards in the mail. To apply, you just need to provide proof of an active email address, a . . . . . . valid social security number, as well as a current checking account and a bank account or credit card. {and proof of employment. {if you don't have a working bank account or credit card, you can apply online. {with a valid email address). The process should be quick and easy for you. And you should be able to tell whether or not you qualify immediately.
This card offers no annual fees, but this may not be suitable for those who regularly travel. A merchant account will also be needed to access the points you earn from your Amazon purchases, so if you are going to be away from home a lot, you'll want to consider another card.
