Amazon’s New Store Map Gives Main Users 5% Cashback
If you are an Amazon Prime subscriber and a fan of cash back rewards, it might be worth taking a look at an Amazon store credit card. The store map gives owners 5% cashback on Amazon purchases every day, as well as special advertising funding. Here is the skinny one.
This card, which differs from Chase’s highly popular Amazon Rewards Visa, offers a 5% cash back on qualifying Amazon purchases and comes in the form of a credit statement. After some standard reading, the only items not eligible are “Amazon Prime memberships, e-newspaper and magazine subscriptions, and games and software downloads.”
Spend over $ 149 on your purchase and you have the option of either 0% funding for a set time frame or a 5% flat money back. The store card has no annual fees, no fraud protection and is supported by Synchrony Bank. If you are an invited guest for a Prime account, you need to create your own account in order to be eligible to participate.
If you use Amazon Prime frequently and pay off your debts on a monthly basis, this is not a problem. Especially since they are currently giving away a $ 40 free gift card upon approval of your application. But if you tend to carry your balance sheet around, you’ll want to stay out of the way, otherwise you could end up with a hefty 25.99% annualized rate.
New Amazon Prime Credit Card Offers 5% Cashback Return | Credit.com