Amazon Revamped Two of Its Best Credit Cards With Some Enticing Features – CNET
Amazon Revamped Two of Its Best Credit Cards With Some Enticing Features - CNET
Already a good deal before the update, the Amazon Prime Visa card is now even better. You’ll earn a $150 Amazon gift card instantly on approval without needing to meet any spending requirement — a rarity among cash-back credit cards. A $150 gift card could go a long way toward finding the perfect gift for your mom in time for this weekend!
Plus, with the new offer, you’ll also earn 5% cash back on the first $2,500 you spend within three months of account opening. That’s $125 in cash back if you can max out the offer. After the first $2,500 or first three months, you’ll earn rewards at the card’s normal rate for its various spending categories. Whether you want to buy a gift or spend on everyday necessities, you can use this card for all of your purchases and earn extra rewards for doing so.
And while the main draw of the Prime Visa card was its 5% back at Amazon.com, Amazon Fresh and Whole Foods, you’ll now earn this same elevated rate on travel booked through Chase, as well. You’ll also now earn 2% cash back on local transit and rideshare services like Uber and Lyft.
This version of the card requires a Prime membership, which currently clocks in at $15 per month or $139 annually. While this will cut into the card’s value, the card’s $150 instant welcome bonus is more than enough to offset your Prime membership cost for a year. And if you shop frequently on Amazon, the card’s ongoing rewards may make it worthwhile beyond that.