The Amazon Store Card is a retail credit card which is exclusively accepted at Amazon. com, giving card holders extra purchasing power and convenience when shopping there. It is available as either a standard credit card, or as a debit card linked to a checking account.
The Amazon Store Card comes with a variety of perks that make shopping with Amazon even more attractive. These include special discounts and promotions, exclusive offers, and access to a virtual credit line that covers the entire catalog of Amazon products.
On top of these benefits, cardholders also enjoy the convenience of no annual fee and the security of an Amazon. com account, which provides the added layer of protection when shopping online.
This card is classified as a retail card, which means it can only be used to make purchases on Amazon, which is a bit different than traditional credit cards. It’s also not eligible for points programs, cash back, or other rewards.
When it comes to standard credit cards, the Amazon Store Card comes with a moderate APR, depending on your credit score, and a variable purchase APR between 17.24% and 23.24%.
To apply for the Amazon Store Card, you must have an Amazon account, be at least 18 years old, and have a valid form of government-issued identification. Those who are approved for the card can expect to receive their card within 7 to 10 days.
Is Prime store card a credit card?
No, a Prime store card is not a credit card. It is a private label, store-specific charge card that is only accepted for purchases at the retailer that issued the card. This type of card is typically not accepted anywhere else, and does not require a credit check or report activity to a credit bureau.
A Prime store card allows you to make purchases up to a certain limit, and you must pay the entire balance each month. It’s important to note that while this type of card can save you money in the form of discounts and rewards, it is not a type of credit card, which allows you to carry a balance month to month.
What’s the difference between Amazon store card and Amazon Prime store card?
The key difference between the Amazon Store Card and the Amazon Prime store card is the rewards program associated with each. The Amazon Store Card does not have any additional rewards attached, while the Amazon Prime store card does.
With the Amazon Prime store card, customers can enjoy 5% back on all eligible Amazon purchases, 2-day shipping on eligible Amazon items, and access to special financing offers. The Amazon Prime store card also includes exclusive promotional financing offers and special members-only discounts.
In addition, Amazon Prime store cardholders have access to exclusive prime benefits, such as Amazon Music Unlimited and Prime Video. To qualify for an Amazon Prime store card, customers must have a valid Amazon Prime account.
Does the Amazon store card build credit?
Yes, the Amazon Store Card can help to build credit if used correctly. This card is a store credit card that has been issued by Synchrony Bank, a major financial institution. When you use the Amazon Store Card to make purchases and make timely payments, then this activity is reported to the three major credit bureaus (Experian, Equifax, and TransUnion).
This helps to build a positive credit history. This is particularly important if you are looking to build or improve your credit history, or if you have limited or no credit history. Also, note that this card does not entail an annual fee and provides access to revolving credit with an APR of 26.74%.
How do I upgrade my Amazon store card?
Upgrading your Amazon store card is easy and can be done in a few steps.
1. Head to the Amazon Store Card website and log in to your account.
2. From the home page, select the “Upgrade Store Card” button located at the top right corner of the page.
3. Review the offers available based on your creditworthiness.
4. Choose the offer that fits your needs best and click “Continue.”
5. Follow the instructions on the page to complete the application process.
6. You will receive your new Amazon store card in the mail in a few weeks.
7. Activate the card by following the instructions on the card packaging.
8. Once you have activated the card, you can start using it for all your purchases on Amazon.
You’re all set! Upgrading your Amazon store card will give you access to a range of features and privileges, such as promotional financing, exclusive discounts, and more. Enjoy instant access to funds while you continue to shop and save on Amazon.
Is an Amazon Prime gift card the same as an Amazon gift card?
No, an Amazon Prime gift card is not the same as an Amazon gift card. While Amazon gift cards can be used towards purchases on Amazon. com, Amazon Prime gift cards are used to renew or start an Amazon Prime subscription.
These cards cannot be used to purchase traditional Amazon products. Also, while Amazon gift cards can be used worldwide, Amazon Prime gift cards are currently only available to US customers.
Can I use my Amazon credit card for gas?
Yes, you can use your Amazon credit card for gas. Many gas stations accept Visa and MasterCard credit cards, and Amazon’s credit card is issued through Synchrony Bank, which also issues Visa and MasterCard cards.
However, you should check with your local gas station to make sure they accept it. Additionally, if your Amazon credit card offers rewards, you could potentially earn rewards points when using it at the pump.
Just be sure to budget wisely and make all your payments on time, as any late payment could incur costly late fees.
Does the Amazon Prime Rewards Visa card cost money?
Yes, the Amazon Prime Rewards Visa card does cost money. The card comes with a $0 annual fee, but you must be an Amazon Prime member to qualify for the card. If you are an eligible Amazon Prime member, you will receive a $50 Amazon.
com Gift Card upon approval of the card. Also, there is a 3% foreign transaction fee associated with the card. Additionally, when you use the card, you will receive 5% cash back on Amazon purchases, 2% cash back at restaurants, gas stations, and drugstores and 1% cash back on all other purchases.
How much does Amazon Visa cost?
The Amazon Visa credit card typically has no annual fee, but this does depend on the specific card. The card does include a variable APR, typically around 14.99%-22.99% and also has a balance transfer fee of either $5 or 5% of the amount transferred, whichever is greater.
Cash advances also include a fee of either $10 or 5% of the amount, whichever is greater. There is also a foreign transaction fee of 3% of the transaction for purchases made outside of the United States.
Additionally, there is a penalty APR of up to 29.99% for late payments.
Does Amazon offer free prime card?
No, Amazon does not offer a free Prime card. However, there are several ways to enjoy Prime membership benefits without purchasing a Prime membership. For instance, customers who have an Amazon. com Rewards Visa card or Amazon Prime Store card can get 5% back on Amazon purchases.
Additionally, customers can access over two million songs, thousands of movies and TV shows, and Kindle eBooks with Amazon Prime Music and Amazon Prime Video, respectively. Furthermore, Prime members have access to exclusive deals, discounts and more with Amazon Prime.
To join, customers must purchase an annual Prime membership for $119 or a monthly Prime membership for $12.99.
What are the benefits of having an Amazon Visa card?
Having an Amazon Visa card presents numerous benefits to cardholders. Firstly, cardholders earn rewards on every purchase they make, with three points per eligible dollar spent on Amazon purchases, and one point per dollar spent on all other purchases.
These points can be redeemed for goods and services at Amazon, providing cardholders with a discount on goods like electronics and home goods. Additionally, there are no annual fees or foreign transaction fees that come with the card, which helps cardholders save on their regular purchases.
Cardholders can also access exclusive offers and discounts from Amazon, including access to exclusive store discounts and credit statements. Additionally, cardholders can use the card to make purchases outside of Amazon, and Amazon will pay for the purchase, allowing them to earn rewards points for their purchase.
Lastly, cardholders can take advantage of additional benefits and services like travel and purchase protection, car rental discounts, and fraud monitoring and detection. All in all, having an Amazon Visa card can provide cardholders with a great and convenient way to save on their purchases.
Does Amazon Visa card affect credit score?
Yes, the Amazon Visa card can have an impact on your credit score. Your payment history and credit utilization are two of the factors that affect your credit score, and the Amazon Visa card can influence both of these metrics.
Your payment history will be affected by regular and timely payments of your Amazon Visa card. Regularly meeting or exceeding your payment deadline can help your credit score by increasing your payment history rate, which is an important factor in determining your credit score.
Similarly, using Amazon Visa card can also affect your credit utilization. Credit utilization is the ratio of total credit used to total credit available. Making purchases with your Amazon Visa card will increase the amount of credit that you are using and subsequently decrease your credit utilization rate.
Keeping your utilization low is key for establishing a good credit score because it indicates that you have access to credit, but that you are not taking on too much debt.
What happens if I don’t use the Amazon credit card?
If you don’t use the Amazon credit card, you won’t be able to take advantage of the card’s rewards, discounts and other features. With the Amazon credit card, you can get exclusive benefits such as free Prime shipping, up to 5% back in rewards and exclusive access to offers from Amazon and its partners.
You also don’t have access to the customer service and the fraud protection that comes along with it. Additionally, not using the Amazon credit card limits your ability to build a credit history. Your credit score is mainly based on your payment history, so without the credit card, you won’t be able to start building up a good credit score.
Overall, not using the Amazon credit card means you won’t get the special benefits, rewards, discounts and protection that come with it, as well as the opportunity to build a credit history.
What credit score do you need to get an Amazon Prime visa?
The specific credit score you need to get an Amazon Prime Visa will vary by lender. Generally, most lenders look for a credit score of at least 700 in order to qualify for the best credit products. That said, some lenders may consider applicants with lower credit scores, so it’s important to shop around and compare offers to find the one with the best terms and rates for you.
Additionally, remember that having an Amazon Prime membership is not a requirement to apply for an Amazon Prime Visa. Even without a Prime membership, you may still be eligible for an Amazon Prime Visa if you meet the credit score and other requirements.