If you are a frequent Amazon customer, chances are you know how many options they have in terms of payment methods, but you may have noticed that Amazon offers their own payment option with Amazon cards.
If you have been curious for some time and would like to know about some important aspects such as the benefits of having an Amazon card, how to apply and a few warnings then you came to the right place…
Does Applying for Amazon Card Hurt Credit?
Yes, applying for an Amazon card will affect your credit score. If you want to apply for an Amazon Card, then the first thing you should know is that you need to think of it as a credit card but mainly for Amazon products (with a few exceptions).
So if you apply for the card, your credit will drop a little for a period of time, but it’s nothing to worry too much about, just make sure that you have a good history of paying the balance on your credit card and you should have nothing to worry about.
In the end, it will act just like any other credit card, but there are a few differences between the different types of cards Amazon offers, so if you are interested in knowing more about this topic, then keep reading….
How To Apply For An Amazon Credit Card
If you wish to apply for an Amazon Credit Card it’s very simple, just follow these few steps and you’ll be able to request your card in no time:
- Search for the Credit Cards Section for the card that you want to apply for.
- There you can click on “Apply Now” and you will be taken to the card application on the site.
- Just fill the application and follow the instructions given.
- Submit the request and that’s it, after that you just need to wait until you get the results of your application.
Remember that this is an application, you may or may not get the card depending on the decision regarding your eligibility.
Are There Different Amazon Credit Card Options?
Yes, you can choose between 5 different options, each with its own benefits depending on your situation, so let’s review each one of them so you can have an easier time deciding which one you want to apply to.
Amazon Store Credit Card
This would be your standard choice, and you can only use it for purchases at Amazon, but there are two versions of this card that depend on having a Prime membership or not.
If you are a Prime member you will be able to get 5% back on your purchases which is a great way to slowly make some extra credit with rewards only. The Prime membership will also have some special offers which will get you exclusive rewards that you can then spend on Amazon.
If you are not a Prime member then you won’t be able to get rewards, but you’ll still get the standard benefits of a credit card on Amazon.
Amazon Rewards Visa Signature Card
The biggest reason to get this card would be the option to use it in any store that accepts visas.
You can also get 3% back in rewards on any purchase made at Amazon and Whole Foods. Upon receiving the card you will also get a $50 gift to get you on your way.
Amazon Prime Rewards Visa Signature Card
This is very similar, but you could say it’s a better version for Prime members. The biggest difference is that you get 5% back on every purchase on Amazon and Whole Foods, and if you spend $10,000 in a year on those two retailers, you would get $500 in rewards.
Lastly, you also get a bigger bonus of $70 and you become eligible for 20% back on some Amazon products.
Amazon Business American Express Card
If you are a small business owner you are eligible for an Amazon Business American Card, which you can use anywhere that accepts AmEx and get rewards at Amazon and Wholefoods.
You can also get a better version of this card if you have a Prime membership.
If you want more specific information on every option available go to amazon.com.
Benefits of Amazon Credit Card
Most of the best benefits from having an Amazon credit card come from also being a Prime member. If you already have one or several credit cards, you won’t get much from the Amazon standard cards, however, there are a few benefits from the Prime versions of these cards that are definitely worth it.
- Bonus $70 gift with Prime Visa Signature card
- Visa Signature Luxury Hotel Collection, offering no foreign transaction fee
Want to learn more about Amazon? Check out these articles to learn if you can use Google Pay on Amazon, what to do if your Amazon order says delivered but you haven’t received it, and can you return opened items to Amazon?.
If you are considering applying for an Amazon Card remember that it will work just like any other credit card, so you need to keep in mind that avoiding debts and keeping your payments in check is an important part of the process.
You also have to remember that there are a few different options when choosing an Amazon credit card, so make sure to apply for the one that best suits your needs, and if you have a Prime membership, then it might be a great idea to give this a shot.