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The Amazon Prime Rewards Visa Signature Card can be one of the best benefits of an Amazon Prime membership, as you can earn 5% back on Amazon.com and Whole Foods Market purchases. There were rumors that this card would switch bank providers, but those rumors are now put to rest.
The information for the Amazon Prime Rewards Visa Signature Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.
Chase Continues to Issue Amazon Prime Visa
In a March 31 press release, Amazon and Chase Bank confirmed a multi-year deal for the co-brand Amazon Prime Rewards Visa Signature Card.
During the negotiation phase, American Express and Synchrony Bank were also contending for this consumer card portfolio. As a sidenote, Amex currently issues the Amazon business credit cards.
Now that the dust is settled, the Chase-Amazon partnership is 20 years strong and will keep going with zero benefit reductions.
From a cardholder perspective, consumers don’t have to go through the hassle of updating their auto-pay credit card details for recurring services.
More importantly, Chase Amazon Prime Visa cardholders can also continue enjoying these benefits:
- 10% back or more on select products (Prime exclusive, available for a limited time)
- 5% back on all Amazon.com and Whole Foods Market purchases
- 2% back at restaurants, gas stations, and drugstores
- 1% back on all remaining purchases
- No annual fee or foreign transaction fees
New applicants can also receive a $100 Amazon gift card bonus upon card application approval.
This multi-year extension also applies to the Amazon Rewards Visa Signature Card for non-Amazon members. You can earn 3% back on Amazon and Whole Foods purchases and either 1-2% back on all remaining purchases without an annual fee.
Related: The Best Credit Cards To Use For Amazon Purchases
In conclusion, the co-brand Amazon Prime Visa relationship remaining with Chase may seem insignificant. Fortunately, this continuity helps protect the card’s existing benefits. It also allows cardholders to maintain their existing relationship with Chase Bank.