Home Personal Finance Amazon Credit Cards: What Are Your Options and Which Is Right for You?

Amazon Credit Cards: What Are Your Options and Which Is Right for You?

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If you’ve found those ubiquitous “smiling” cardboard boxes piling up at your front door after rounds of online shopping, you may have considered an Amazon credit card.

Charging your purchases on an Amazon credit card can be a rewarding decision if you’re a frequent Amazon shopper. But just as Amazon has a dizzying amount of choices to shop for on their website, the retailer also offers many credit card options.

Here’s everything you need to know about the five different Amazon credit cards that span personal and business credit card options, and how to choose which one is right for you.

Amazon credit card options

Amazon personal credit cards at a glance

Amazon store credit card (non-Prime members)

Amazon store credit card (Prime members)

Amazon Rewards Visa Signature Card

Anywhere that accepts Visa

Anywhere that accepts Visa

Rewards on purchases at Amazon and Whole Foods

Special financing options (Amazon only)

5% or special financing (Amazon only)

Rewards at restaurants, drugstores and gas stations

Rewards on all other purchases

$0 (but requires $119 Prime membership)

$0 (but requires $119 Prime membership)

Amazon Store Credit Card

This is the most basic of the Amazon credit card offerings, issued by Synchrony Bank. Known as a closed-loop card, it can only be used for purchases at Amazon.

There are two different versions of this card, depending on your membership with Amazon:

  • Non-Prime members: You won’t earn Amazon rewards on this card, but you will be eligible for special financing options instead. Sometimes you’ll be offered equal monthly payment financing at 0% APR, and sometimes you’ll get deferred interest options.

  • Prime members: Choose to earn 5% back on your Amazon purchase, or choose special financing. The rewards you’ll earn are good for Amazon purchases only, and you can either redeem them at purchase or for a statement credit on the card after the purchase. Plus, you’ll be eligible for exclusive Prime card offers to earn extra rewards on rotating products and categories.

Both cards have no annual fee, but the latter requires a $119 Prime membership in order to qualify. Both cards also come with an Amazon gift card upon approval: Currently, non-Prime members will get $10 and Prime members will get $60.

Nerd tip: Closed-loop store cards can be used only at that store or a group of affiliated stores. Open-loop store cards can be used anywhere the credit card’s network (like Visa, Mastercard or AmEx) is accepted.

Amazon Rewards Visa Signature Card

Another option for Amazon shoppers who aren’t Prime members is the Amazon Rewards Visa Signature Card.

This card earns 3% back in rewards on purchases at Amazon and Whole Foods. Since it’s an open-loop Visa credit card, it can be used anywhere that accepts Visa.

Unlike some other co-branded credit cards, it also earns solid rewards in some other everyday spending categories: 2% back at restaurants, gas stations and drugstores and 1% back on all other purchases.

New cardholders will receive an Amazon gift card welcome bonus upon approval, currently $50.

Amazon Prime Rewards Visa Signature Card

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This card is accepted anywhere that takes Visa, but is available to current Amazon Prime members only. If you’re willing to pay the $119 annual Prime membership cost, you’ll earn more rewards upfront and on an ongoing basis.

Like the Amazon Rewards Visa Signature Card, it earns 2% back at restaurants, gas stations and drugstores and 1% back on all other purchases. But it also earns a stellar 5% back on all Amazon and Whole Foods purchases. If you spend $10,000 per year at Amazon and Whole Foods combined, you would earn $500 in rewards from those purchases.

New cardholders will receive a $70 Amazon gift card upon approval. Plus, they’ll be eligible for up to 20% back on rotating Amazon categories and products.

Nerd tip: The Amazon Rewards Visa Signature Card and the Amazon Prime Rewards Visa Signature Card are both issued by Chase. To be approved for a Chase credit card, you must have fewer than five approvals for credit cards over 24 months.

Amazon business credit cards at a glance

Anywhere that accepts AmEx

Anywhere that accepts AmEx

Rewards on purchases at Amazon and Whole Foods

3% back on the first $120,000 in purchases each calendar year (then 1% back), or 60-day financing. Terms apply.

5% back on the first $120,000 in purchases each calendar year (then 1% back), or 90-day financing. Terms apply.

Rewards at U.S. restaurants, at U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers

Rewards on other purchases

$0 (but requires $119 Prime membership). Terms apply.

Amazon Business American Express Card

If you’re a small-business owner considering an Amazon credit card, you have two options. Like the cards discussed above, the deciding factor is whether you have a Prime membership.

Amazon Business American Express Card
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Not a Prime Member? The Amazon Business American Express Card is for you. You can choose to earn 3% back in rewards on U.S. purchases at Amazon Business, AWS, Amazon and Whole Foods, up to $120,000 annually (then 1% back). Or, you can forgo the 3% rewards in favor of 60-day financing on Amazon purchases. Purchases that you choose to finance don’t count toward the $120,000 cap. Terms apply.

The card earns bonus rewards in other useful categories. It has a $0 annual fee and comes with an Amazon gift card as a new welcome bonus upon approval, currently $100. Terms apply.

Amazon Business Prime American Express Card

Small-business owners who do have an Amazon Prime membership may qualify for the $0-annual-fee Amazon Business Prime American Express Card.

Like its non-Prime-requiring counterpart, this card earns bonus rewards in multiple categories. The difference lies in its earning power with Amazon purchases: Earn 5% back on U.S. purchases at Amazon Business, AWS, Amazon and Whole Foods, up to $120,000 annually (then 1% back). Terms apply.

Amazon Business Prime American Express Card
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If your business spends big at Amazon, those 5% rewards can add up. Hit the $120,000 cap each year on Amazon purchases would earn $6,000 in rewards.

Alternatively, instead of earning the 5% bonus rewards rate on eligible Amazon purchases, you can choose to take advantage of 90-day financing on your Amazon business purchases.

New cardholders will receive a $125 Amazon gift card upon approval. Terms apply.

Which Amazon credit card is best for me?

The answer largely depends on whether you’re a Prime member or have a small business, especially since none of these cards carries an annual fee itself.

If you’re already a Prime member (and you don’t own a business), then the pound-for-pound best option is the Amazon Prime Rewards Visa Signature Card. It earns rich rewards both with the retailer and in several other everyday spending categories — rich enough that you could make up the cost of your annual $119 Prime membership fee fairly easily. That’s a big reason it’s one of WealthyUpdates’s best credit cards of 2021.

If you’re only a casual Amazon shopper, you might do better with the non-Prime Amazon Rewards Visa Signature Card. But you’d probably also do just as well with a general flat-rate credit card like the Citi® Double Cash Card – 18 month BT offer, which earns simpler and more flexible rewards on everything you buy.

If you do own a business and Amazon is your go-to shop, you’ll have to do the math to see whether your expenses with Amazon can offset the cost of a Prime membership. If so, then the Amazon Business Prime American Express Card makes the most sense.

Information related to the Amazon Store Credit Card and the Amazon Rewards Visa Signature Card has been collected by WealthyUpdates and has not been provided or reviewed by the issuer of these cards.

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