Amazon Prime Rewards Visa
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Reconsideration Phone
800.935.9935
Breaking Points
| Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee | 1st Year Value |
|---|---|---|---|---|---|
| 20,000 | $0 | 0.7 ¢ | $150 | $0 | $290 |
| Best Value | Differentiating Perks | Rules |
|---|---|---|
| Amazon Purchases | 5% back on Amazon & at Whole Foods | 5/24 , Chase 2/30 , Chase 4/6 |
Spend Categories
1X points
0.7¢ Per Dollar Spent
5X points
3.5¢ Per Dollar Spent
2X points
1.4¢ Per Dollar Spent
5X points
3.5¢ Per Dollar Spent
2X points
1.4¢ Per Dollar Spent
5X points
3.5¢ Per Dollar Spent
2X points
1.4¢ Per Dollar Spent
Card Benefits
Using this card gives you secondary coverage for collision on your rental car, up to the value of the car.
Travel accident insurance up to $500,000; trip cancellation insurance up to $1,500 per trip; lost luggage insurance up to $3,000 per trip; baggage delay insurance up to $100 per day for 3 days
You will pay no foreign transaction fees when you use your card for purchases made outside of the United States
Call 1-800-847-2869; a flat $69.95 charge for towing up to 5 miles, tire changing, jump starting, locksmith service, fuel delivery and standard winching; cardholder will be charged for any additional services or goods provided
Your purchases are covered for 120 days against damage or theft up to $500 per claim and $50,000 per account
This card extends the time period for the U.S. manufacturer’s warranty by an additional year, on eligible warranties of three years or less
Why You Might Want This Card
Riding the Amazon Prime Beast
It’s no secret: Amazon Prime has taken online shopping to a whole new level, adding the Prime channel, discounts on Whole Foods purchases and even delivery for Prime. So why not offer a Chase card that collects on all this like a boss? As a Prime member, you get 5% back at Amazon.com and Whole Foods, plus 2% back at restaurants, gas and drugstores. And 1% back on everything else. Once approved for the card, you’ll also get a $100 Amazon.com gift card loaded onto your account as a welcome bonus. The easiest way to use your rewards is right back at Amazon with no minimum amount required. Or you can use points toward gift cards or cash back. You can also redeem for travel through Chase, but it is worth noting this is different than -- and can't be mixed with -- your Ultimate Rewards points. Besides, the value is still just 1 cent, so it isn't worth the trouble since there is no incentive to going this route.
It is worth noting a better value on Amazon spends can be found by getting the Chase Ink Cash card which has a 5x spend at Staples. Then buy gift cards for Amazon. With the 1.8 cent value of Chase points you are looking at 9% back instead of 5%. And the Ink card has a 50,000 point signup bonus.
Bottom Line
This card was featured in Wirecutter as a no-brainer for frequent Amazon and Whole Foods shoppers, but the numbers just don't add up to beat out other cards. It will count against the 5/24 rule, so you'll probably be losing out on another card bonus worth $500+. By the numbers, if you are in this hobby, the only time this card makes sense is if you spend over $10,000 at Amazon/Whole Foods AND you won't be using those dollars to meet minimum spends on other cards.
If don't want to go through the hassle of the Amazon gift cards with the Chase Ink, and you are looking for the highest value back on Amazon we recommend getting the business version as it won't count against your 5/24.
Application Rules
Your application will be declined if 5 new cards are reported on your personal credit report in the past 24 months
You'll be declined if you apply for a third Chase card of any kind within 30 days
Chase will decline your application you apply for a 5th Chase card (personal or BUSINESS) in 6 months
