5 Best Credit Cards for Online Shopping on Amazon
What are the best Amazon credit cards? If you are a regular shopper on Amazon, you have probably already asked yourself this question. The right credit card for your online purchases will allow you to get a range of benefits that will boost your online shopping. Some of the criteria that are used to select the best credit cards for Amazon usage include:
- Minimal annual fee or its absence
Not having to pay an annual fee is an obvious benefit, so we always recommend looking for this criterion when choosing a credit card for Amazon.
- High cashback rates
It’s a good idea to check whether you are eligible for cashback and whether the percentages are worth it.
- Any rewards, loyalty points, and sign-up bonuses
Some people prefer getting points that can be exchanged for goods as opposed to cashback. There are also credit cards that offer great sign-up bonuses.
- Extended warranty
Having this feature is particularly useful if you buy high-value items, so looking for an extended warranty could be a good strategy.
In this article, you will learn about the benefits of the best credit cards for Amazon, their possible limitations, any eligibility requirements, and more.
Amazon Rewards Visa Signature Credit Card
The list of the best credit cards for Amazon purchases wouldn’t be complete without an Amazon Signature card. It not only offers a range of advantages but also doesn’t have any special requirements, which makes it ideal for casual Amazon shoppers. In addition to 3% cashback, users also get an extended warranty, a $0 annual fee, travel insurance, and purchase protection.
The benefits of this credit card are:
- No annual fee
- 3% Amazon and Whole Foods cashback all year round
- 2% cashback (gas stations, restaurants, etc.) and 1% cashback on other non-Amazon purchases
- $60 gift certificate for Amazon once the card is issued
If you want to apply for this credit card, you should have a minimum credit score of 670, which is even lower than the average of 714 in the US. Amazon Rewards Visa Signature сard offers lower cashback compared to the Prime version, but it makes sense to get it if you don’t plan to get the popular Amazon subscription.
Amazon Prime Rewards Visa Signature Card
If you have been looking for the best credit cards for shopping on Amazon, you are more than likely to see Amazon Prime Signature Card. This makes sense, as this card offers the best 5% cashback out of all Amazon-exclusive options. The one limitation that may keep some people from getting it is that you need an Amazon Prime membership. If you already have a Prime subscription, this card is ideal for you.
The benefits associated with this card include:
- No annual fee
- 5% Amazon and Whole Foods cashback
- $150 Amazon gift certificate as a sign-up reward
- 2% cashback on local commuting, gas station purchases, and restaurant payments
- 1% on all purchases that are not listed separately
With the Amazon Signature card, you get an extended warranty and purchase protection. While the card doesn’t have an annual fee, you will still have to pay $139 a year for your Prime membership. Depending on your spending habits, this expense may or may not make sense.
Discover It Cash Back Credit Card
Another one of the best credit cards for Amazon shopping is Discover It Cash Back. Just as the name suggests, the credit card offers excellent cashback on your purchases — 5%. One thing to note is that such cashback for Amazon is offered only for a quarter of the year. Although there is no guarantee that Amazon will be included in the quarterly rotation, it has been every year since 2015.
The advantages of this credit card:
- No annual fee
- 5% Amazon cashback for a quarter of the year
- 1% cashback on all purchases, regardless of the quarterly category
- Cashback match at the end of the first year
As for eligibility, you’ll need to have at least a 630 credit score. Also, the card doesn’t currently offer purchase protection or an extended product warranty.
Chase Freedom Flex Credit Card
To continue the list of the best credit cards to use for Amazon shopping, let’s talk about Chase Freedom Flex. Similarly to the Discover It Cash Back card, you get the best 5%-cashback conditions on a quarterly basis. Regardless of the quarter, you also get fraud protection, extended warranty, purchase protection, and a great 3% cashback on drugstore purchases and restaurants.
With the Chase Freedom Flex, you get the following:
- No annual fee
- 5% quarterly Amazon cashback on up to $1,500
- 3% cashback on some non-Amazon purchases in restaurants and drugstores
- 1% cashback on purchases that are not listed separately
- $200 bonus after spending $500 in the first 3 months
To be eligible for this card, you should have a credit score of 670 or higher. With this card, it’s a good idea to know whether Amazon will be in the quarterly cashback category, as this is not guaranteed.
Capital One Venture Rewards Card
Last but not least, Capital One Venture is also one of the best credit cards to use for Amazon purchases, but it differs from the previously mentioned options in its rewards' system. This credit card relies on the use of transferable currency called miles. This credit card provides 2 miles for one dollar that you spend on purchases, whether on Amazon or not. Such miles can then be used for booking flights, hotel stays, and such.
This credit card has the following specifications:
- $95 annual fee
- 2 miles provided for $1 spent
- Sign-up bonus of 75,000 miles per $4,000 spent on purchases in the first 3 months
- Purchase protection
- Extended warranty
The credit card will work for those who like collecting points instead of having a classic cashback. As for eligibility, a credit score of 700 or higher is required.
Shopping at Amazon is not only extremely convenient, but it can also be more profitable when you choose the right credit card. So, what are the best credit cards for shopping on Amazon? The choice of the card will differ depending on your requirements, preferences, and shopping habits.
Some of the recommendations for choosing an ideal credit card for your needs are:
- If you actively shop on Amazon all year round, it’s better to choose a card that offers cashback or points regardless of the quarterly conditions.
- If you don’t plan to use your card too often, it makes sense to have one without annual fees.
- For bigger and more expensive purchases on Amazon, it’s a good idea to go for purchase protection and an extended warranty.
- Those who plan to use a credit card not only on Amazon should look at cashback conditions on purchases outside of the platform.
The mentioned cards will allow you to save money thanks to cashback or points and provide additional benefits — cashback on other purchases, signup bonuses, and purchase protection.
Consider Rates as Your Trusted Partner
Now that you know which credit cards are the best for Amazon purchases, it’s also important to be aware of exchange rates. At Rates, we present you with a convenient exchange rate platform, so you can quickly look up currencies you are interested in.
The information is updated every 5 minutes, so you can be sure that you get access to the most accurate data. You can easily compare purchase and selling rates from different exchangers and banks in your city. It’s also possible to go back in time and look up information on the previous dates. The dynamics graphs show you any changes from a period of one day to a year.
Look up exchange rates in real-time in the most convenient way!
What are the best cashback credit cards for Amazon purchases?
If you are looking for the highest cashback percentage, and you are ready to pay for a Prime subscription, you may go for Amazon Prime Rewards Visa Signature Card. It offers 5% cashback all year round and no annual fee.
Which credit cards offer cashback on Amazon?
If you wonder which Amazon credit cards are the best for Amazon shopping in terms of the highest cashback, there are a few. The best options include Amazon Prime Rewards Visa Signature Card, Chase Freedom Flex, and Discover it Cash Back.
What do I need to get Amazon cashback credit cards?
All you need is an average or better credit score to get the best credit cards to use for Amazon. The exception is Amazon Prime Rewards Visa Signature Card, which requires you to have a Prime subscription. As almost 70% of Amazon users already have this subscription, this shouldn’t be an issue for most shoppers.