When you order just about all the things from Amazon, you might take into account becoming a member of the ranks of TPGers who’ve the Prime Visa (see charges and costs)
The Prime Visa is Amazon’s flagship bank card from Chase, beloved by TPG staffers and readers alike because of its unmatched cash-back earnings on Amazon purchases.
The Prime Visa has no annual price, however it does require cardholders to have an energetic Prime membership, which prices $14.99 per 30 days or $139 per yr.
For a restricted time, the Prime Visa is providing an elevated welcome bonus: an prompt $250 Amazon reward card upon approval. Prime Day begins July 8 at 12:01 a.m. PDT and runs till midnight July 11, so choosing up this card may be a good way to begin Prime Day and rating some merchandise with the reward card.
Let’s study why this card is value including to your pockets.
Prime Visa welcome supply
As a limited-time supply, new Prime Visa candidates will obtain an prompt $250 Amazon reward card upon approval. This supply is completely for Prime members and simply in time for Prime day.
This is a superb welcome supply for the Prime Visa, and it is made even higher as a result of it is delivered immediately upon approval — no spending is required. This reward card may be particularly helpful for last-minute presents or to assist offset the rising price of merchandise.
The same old supply on the cardboard is an prompt $150 reward card upon approval, with the occasional elevated welcome supply of a $200 reward card through the years.
The $250 reward card welcome supply is the best we’ve seen and particularly value contemplating when you’re planning on making Prime Day purchases, which ends at midnight on June 11.
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Must you get the Prime Visa?
The Prime Visa is among the finest playing cards for Amazon and Entire Meals purchases, however it additionally has ongoing perks that may make this card an incredible addition to your pockets.
The Prime Visa has many beneficiant limitless bonus-earning classes:
- 5% money again on Amazon.com, Amazon Recent and Entire Meals purchases
- 5% money again on journey booked by way of Chase Journey℠
- 2% money again on fuel and native transit and commuting (together with ride-hailing providers)
- 2% money again at eating places (takeout and supply included)
- 1% money again on all different purchases
Rewards are earned as factors, which may be redeemed for money again, Amazon purchases, reward playing cards or journey booked by way of the Chase Journey portal.
Prime Visa cardholders can redeem the rewards they earned as quickly as the following day. As an example, when you spend $1,000 at Amazon, the 5% money again would equate to $50 earned.
Prime Visa cardholders additionally obtain 10% money again on a rotating choice of objects and classes.
Moreover, the Prime Visa card comes with varied buy and journey protections, together with:
It is essential to notice that you simply have to be beneath Chase’s 5/24 rule to be eligible to use for this card. You might need to wait earlier than making use of for this card when you’re nearing the 5/24 restrict and are curious about different Chase playing cards that will supply more money again in different classes or earn a transferable foreign money.
Moreover, when you do not store at Amazon often or haven’t got a Prime membership (which is required), this card is probably not finest suited to you.
Backside line
The Prime Visa is a superb no-annual-fee card that gives an unmatched 5% money again on Amazon and Entire Meals purchases. Nonetheless, if you’re over Chase’s 5/24 rule, you will not be eligible and may take into account different card choices.
In case you have a Prime membership and store at Amazon often, the Prime Visa is a no brainer to have in your pockets. The limited-time supply of an prompt $250 reward card makes making use of for the Prime Visa much more interesting.
To study extra in regards to the card, learn our full evaluation of the Prime Visa.
Apply right here: Prime Visa
