Review of the Store Card and Rewards Visa® Card

Brendan Harkness

Brendan Harkness | Reviews

Jun 16, 2016 | Updated Jun 30, 2016

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If you’re one of the millions of frequent Amazon shoppers you’ll probably find a nice discount in one of their credit cards: the Store Card or the Rewards Visa® Card.

Neither of these cards have a 0% intro APR or an annual fee. They provide options like:

  • cash back on purchases you make from Amazon and elsewhere
  • special financing deals for expensive purchases
  • cash bonuses for signing up.

Read on to see what each of these cards offer, how they differ, and if one of them might be right for you.

Where Can I Use The Cards?

You can use the Store card only at Amazon.

You can use the Rewards Visa Card at Amazon and also anywhere that Visa is accepted (which is pretty much everywhere). Store Card

For People with
Fair Credit

  • Annual Fee: $0
  • Interest Rate: 26.24% *Variable
Quick Card Facts
  • 5% cash back for Amazon Prime members
  • Special 0% APR financing deals from 6 months to 24 months
  • $10 Amazon gift card when approved
  • No annual fee Rewards Visa® Card

For People with
Good Credit

  • Annual Fee: $0
  • Interest Rate: 14.49%-22.49% *Variable
Quick Card Facts
  • Earn 3% back at for every $1 spent on
  • Earn 2% back at gas stations, restaurants, and drugstores
  • Earn 1% back on all other purchases

The information for Rewards Visa® Card has been collected independently by Credit Card Insider. The card details on this page have not been reviewed or provided by the card issuer.

The Rewards

Amazon Store Card

You’ll be able to choose one of these financing plans when you make a qualifying purchase:

  • 6-month 0% APR special financing on purchases of at least $149
  • 12-month 0% APR special financing on purchases of at least $599
  • 24-month 0% APR special financing on select Amazon-sold items
  • 12-month 0% APR Equal Pay offer on select Amazon-sold items

The Equal Pay offer lets you pay off purchases at 0% APR over 12 months, in 12 equal monthly payments. You can click here to browse the selected items available for the Equal Pay and special financing plans, which change frequently.

You’ll have the option to choose the financing plan you want as you’re checking out.

Take note: If you fail to pay back your entire purchase within the time frame, you’ll be charged interest going all the way back to the purchase date.

Minimum monthly payments are required for all of the finance plans.

There are two other rewards for using this card:

  • 5% cash back on purchases from Amazon – Amazon Prime members only!
  • A $10 signup bonus after being approved, in the form of an Amazon Gift Card

If you’re an Amazon Prime member you’ll automatically be given the Amazon Prime Store Card, and this 5% cash back on Amazon purchases makes the card a great choice for Prime users who are already spending plenty of money at Amazon. If you’re not already using a credit card to get cash back, this is a chance to get a nice discount with every purchase.

The 5% cash back can’t be combined with the financing plans. When checking out, Prime users will be given a choice to either earn the cash back or choose an eligible financing plan. You can set a default option so you’ll automatically choose one or the other.

You’ll be able to redeem the cash back you earn as a statement credit to your account.

Amazon Rewards Visa

The Amazon Rewards Visa is more like a regular credit card. It doesn’t offer special financing plans, instead giving you cash back for every purchase you make.

You’ll get:

  • 3% cash back on purchases from Amazon
  • 2% cash back at restaurants, gas stations, and drugstores
  • 1% cash back on every other purchase
  • A $30 signup bonus when you’re approved for the card, in the form of an Amazon Gift Card

Amazon Prime members won’t receive any special benefits with this card.

You can use the cash back you earn to directly pay for purchases at Amazon, or you can redeem them through Chase as a statement credit to your account, for gift cards, or for travel.

The Verdict

These two cards are quite different, so be clear on the rewards you’ll get with each:

Amazon Store Card Amazon Rewards Visa
  • Special financing deals: 6 months to 24 months
  • 5% cash back at Amazon – Amazon Prime members only
  • $10 signup bonus
  • 3% cash back at Amazon
  • 2% cash back at restaurants, gas stations, drug stores
  • 1% cash back everywhere else
  • $30 signup bonus

If you’re already an Amazon Prime member, you’ll probably be better off with the basic Store Card. If you don’t want to pay for the Prime membership, you’ll probably profit more from the Rewards Visa card.

Either way, if you already spend a lot of money at Amazon, these cards can either let you save every time you shop or help you pay off big purchases.

Insider Tip: Looking to save when you shop at Amazon? Take a look at the Discover it card too, which offers 5% cash back at Amazon for 3 months out of the year (in the holiday season).

The Costs & Fees

Card Annual Fee Regular APR Regular Balance Transfer APR Cash Advance APR Foreign Transaction Fee
Amazon Store Card $0 26.24% *Variable N/A N/A N/A
Amazon Rewards Visa $0 14.49%-22.49% *Variable 14.49%-22.49% *Variable 25.24% (Variable) 3%
Card Penalty APR Late Fee Returned Payment Fee
Amazon Store Card None Up to $35 N/A
Amazon Rewards Visa None Up to $37 Up to $37

The Verdict

Neither of these cards have an annual fee, but neither has a 0% introductory interest rate either.

Take note of the high APR on the Store Card, as well as the interest rate range of the Rewards Visa. You’ll want to pay your balance in full to avoid any heavy interest payments, which will quickly eat up your savings.

You’ll only be able to use the Store Card for purchases at Amazon – no balance transfers or cash advances. The Rewards Visa allows these features.

The Bottom Line: 3 & 4 Stars out of 5

Frequent Amazon shoppers are missing out if they’re not taking advantage of the credit cards and other opportunities available.

If you’re already an Amazon Prime member, you’re getting free shipping and other benefits. Why not apply for the Amazon Store Card and get 5% cash back on all those purchases too? Just be sure to pay off your balance in full every month (preferably before the statement closing date) to avoid interest payments, which would basically negate that 5% discount.

You’ll also have access to the special financing deals with the Store Card, which will let you pay off large purchases over time at no interest if you need to. This can come in handy around the holidays.

If you don’t want to pay the yearly $99 for Amazon Prime, the Amazon Rewards Visa might be a better choice. You’ll get that 3% cash back when you shop at Amazon, and you can use the card elsewhere too if necessary.

Neither card has an annual fee, so as long as you use them responsibly and avoid interest they’ll lighten the load on your digital wallet.

We gave the Amazon Store Card 3 out of 5 Stars because it’s a pretty basic card. When you’re not making use of a financing deal, which is only available on expensive purchases, your APR will be pretty high. You’ll also need to be an Amazon Prime member to get the 5% back, which has its own annual fee (though this is usually worth the cost if you’re a frequent Amazon shopper).

The Amazon Rewards Visa gets 4 out of 5 Stars because you’ll be able to earn 3% back at Amazon whether or not you’re a Prime member, and it’s useful for other purchases too. It doesn’t get more stars because it’s fairly simple, lacking many extra benefits that you find on other reward cards.

Was this review helpful to you? Go ahead and share it with a friend! And if you use one of these cards, click to leave your own review of the Amazon Store Card or the Amazon Rewards Visa, we’d love to hear from you!

Was this helpful?
  • Michael

    Don’t use this card. Chase are only interested in taking care of merchants, not customers.
    I charge 1/2 of a large transaction to my amazon/chase credit card and 1/2 to my USAA credit card. After the merchant didn’t deliver on the services I asked for, I disputed the charges with both credit card companies.
    Chase/Amazon didn’t refund my money, even after 3-4 attempts to provide them with my point of view and documents that proved the merchant was in the wrong.
    USAA refunded my money, no questions asked.
    Conclusion…don’ use Chase credit cards or banking. USAA is the best bank, credit card and insurance company I have ever worked with.
    Needless to say I cancelled my Amazon/Chase credit card after they refused to refund my money on a fraudulent charge.

  • Jami Jo Williams

    I have had an Amazon prime store card since November. They were offering $70 off of purchase if I apply for Amazon signature visa. I applied and was approved. I wasn’t ready to use the Amazon visa so the $70 gift card was sitting in my Amazon account to use. I ended up purchasing something totally different and put the charge on my Amazon store card and not the visa. The question is, will they cancel my store card or will I still have both cards.

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