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The Best Credit Cards for Amazon Prime Day Shopping: Reviews by Wirecutter

Amazon’s Prime Day 2019, a 48-hour-long deal bonanza out there to Amazon Prime members, kicks off at midnight Pacific Time on July 15. Amazon retains lots of its greatest offers underneath wraps until Prime Day truly begins, which makes it troublesome to plan ahead for what you’re going to purchase.

But you possibly can plan ahead for the way you’re going to pay for it.

It usually doesn’t make sense to undergo the trouble of applying for a new bank card for at some point of buying (a bank card with a 0% purchase APR supply to finance a costlier item is perhaps one exception). However when you’re a Prime member (which you must be to shop Prime Day deals), you doubtless already shop by means of Amazon regularly, by which case you may need to add an Amazon-branded card to your wallet.

Or, in the event you’re eyeing an enormous buy that you simply hope can be discounted on Prime Day and need a bit longer to repay your bank card invoice, you might want a 0% APR card to finance your buy.

For those who’re not a Prime member (and by no means have been), you’ll be able to benefit from Prime Day offers by signing up for a free 30-day trial membership. For those who determine you don’t need to pay the membership dues, be sure you cancel before your trial interval ends. In any other case membership sometimes prices round $120 a yr and consists of advantages past just Prime Day reductions, reminiscent of two-day delivery, Prime Video streaming, and limitless photograph storage.

Whether you need to maximize your rewards for buying on Amazon or you need a card that provides you additional time to pay off your purchase earlier than interest kicks in, listed here are our favorite cards for Prime Day:

The greatest bank card to make use of on Amazon Prime Day—and on Amazon general

Our decide when you shop at Entire Foods or Amazon

Amazon Prime Rewards Visa Signature Card

Earn cash back on groceries from Amazon and Entire Meals, and on virtually every part you buy on Amazon.

What we love

With no spending caps and an incredible array of things for purchase beyond groceries, you could have the potential to rack up tons of cash again.

  • No spending cap means large potential to rack up cash-back rewards in case you principally shop at Amazon
  • Receive a $80 Amazon.com present card immediately upon approval

What we don’t love

You must be a Prime member and primarily store at Entire Meals or Amazon to make this card value it.

  • 5% cash-back price applies only to Amazon and Entire Meals, so don’t anticipate to make use of this at different supermarkets
  • 5% price also excludes purchases made by means of international Amazon sites like Amazon.co.uk and some Amazon-owned websites comparable to Audible
  • You want Amazon Prime membership to use (which may value $119 yearly)
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Product particulars have been collected independently by Wirecutter and are accurate as of 6/24/2019. Study More.

Annual Payment

$zero with Prime Membership

Regular APR

16.49% – 24.49% variable

Advisable Credit

Good to wonderful

For those who’re an Amazon Prime member, holding the Amazon Prime Rewards Visa Signature Card is nearly a no-brainer. You get 5% again not just in your Amazon purchases but in addition at Entire Meals, the grocery chain that Amazon acquired in 2017. That’s on prime of any further discounts you get while purchasing at Amazon, whether on Prime Day or any day.

Other credit cards, such as the Bank of America Money Rewards, place annoying caps on how a lot you possibly can earn by way of on-line buying, however the 5% again you’ll be able to earn on Amazon purchases with the Amazon card is unlimited (as long as you keep Prime membership—for those who don’t, you earn solely 3% again on Amazon and Entire Meals purchases with this card).

There’s no annual payment, though you have to be an Amazon Prime member (which comes with an annual payment of $119) to be able to apply for the cardboard. You sometimes need good to wonderful credit (usually a credit score score of at the least 700) to get authorised for the card. However even if in case you have stellar credit score, getting the cardboard is just not a guarantee; banks, when deciding whether or not to approve you for a card, additionally contemplate different elements reminiscent of revenue.

Amazon claims that the appliance process is quick and that a majority of online purposes receive a response in 15 seconds. In case you are permitted, your new bank card shall be loaded routinely into your Amazon wallet, so you can start using it instantly. Nevertheless, some applicants have reported rocky experiences with the appliance course of, so chances are you’ll need to apply now to beat the Prime Day 2019 rush.

How you can redeem your Amazon Prime Rewards like a pro

Rewards out of your Amazon purchases come in the form of points; every dollar you spend at Amazon or Entire Meals earns five points. Some extent is value 1¢, so spending $1,000 at Amazon or Entire Meals earns 5,000 points (value $50).

A simple option to redeem your points is by applying them to subsequent Amazon purchases at checkout, but there’s a hack to really maximize your points. Purchases paid for with factors don’t earn any further factors. To squeeze out maximum worth, redeem your points as a press release credit, or as an electronic deposit into an eligible checking or savings account, after which use that money to purchase Amazon purchases and earn one other 5% back. The solely shortcoming with that plan is that you would be able to’t redeem your factors until you’ve got at the least 2,000 (value $20), which requires spending no less than $400.

You can even choose to redeem points for present playing cards or travel, although we don’t advocate the journey choice—resulting from a very clunky and unmodern policy, it’s essential to e-book travel redemptions over the telephone.

Other causes to like the Amazon Prime Rewards Visa Signature Card on Prime Day (and any day)

The $80 intro bonus may give you an extra, one-time low cost: Upon approval, you get an $80 Amazon.com present card, which you need to use on your next buy to assist take the sting out of your Prime Day spending (or some other day you shop on Amazon). That’s not the very best intro bonus on the market, but in contrast to many other bank card intro gives, this one doesn’t impose a spending requirement for you to get it.

Purchase protection provides you peace of mind: If one thing you buy on this card is broken or stolen, this card presents 120-day purchase protection, which covers the worth of the purchases you’ve made on the card for as much as $500 per claim (on as much as $50,000 per account). Moreover, if something you purchased on the cardboard breaks, this card extends the time interval for US manufacturer’s warranties by a further yr (on eligible warranties of three years or less).

Travelers may take this card abroad, too: This card gives a handful of travel-related perks comparable to no foreign-transaction charges. And in case your luggage gets misplaced when you’re traveling, this card gives lost-luggage reimbursement. In case your trip includes a rental automotive paid for together with your Amazon card, you’re coated for theft and collision injury for most rental automobiles, both domestically (protection is secondary to your private insurance coverage) and abroad.

Amazon Prime Rewards Visa Signature Card: Flaws however not dealbreakers

Bonus rewards in different spending categories are okay however not superb: You additionally earn 2% back at restaurants, fuel stations, and drugstores, and 1% again on other purchases, which is okay however not great. Keep on with this card at Amazon or Entire Meals, but get a greater rewards card for every thing else.

Buy protection limitations: Purchase protection doesn’t cover purchases corresponding to cars, used or preowned gadgets, and pc software program, and it’s essential to present supporting documentation of your declare, resembling a police report. Customer experience with this perk is fairly combined, too, because it is determined by the state of affairs. One customer reported successfully getting paid out after dropping their telephone and cracking their display, however one other buyer, who crashed their drone within the water, reported multiple, frustrating back-and-forth telephone calls with Chase that spanned months.

There are some limitations on the 5% fee: Although you get 5% again on most Amazon and Entire Meals purchases, the supply excludes purchases made on international Amazon retail websites resembling Amazon.co.uk, retailers using Amazon Pay, and a few Amazon-owned websites like Audible.

If you wish to finance your Amazon Prime Day purchase: Chase Freedom Unlimited

Our decide for a zero% APR card with staying power

Chase Freedom Limitless®

The Chase Freedom Limitless® comes with a 15-month period of 0% curiosity, and a rewards price that provides this card worth long after the 0% interval is over.

What we love

  • zero% intro APR for 15 months from account opening on purchases (then a variable APR of 17.24% – 25.99%)
  • 1.5% cash again on all purchases

What we don’t love

  • 3% foreign-transaction charges
Chase Freedom Unlimited®
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Product particulars have been collected independently by Wirecutter and are accurate as of 6/24/2019. Study Extra.

Annual Charge

$0

Regular APR

17.24 – 25.99 variable

Intro Bonus

Further 1.5% cash again

Advisable Credit

Good to wonderful

On the floor, the Chase Freedom Limitless doesn’t appear to be an obvious Prime Day decide. But when your Prime Day includes making a large buy (say, last yr’s common Dyson V8 Absolute Stick Vacuum, which was discounted from $450 to $365), you may need to pay it off in smaller increments over time.

We advocate the Chase Freedom Limitless, which comes with a 15-month interval of 0% interest; you might pay off your new Dyson in installments interest-free (if the price is absolutely repaid inside the intro interval). Plus, in your first yr, you earn 3% on all purchases (made at Amazon or elsewhere) as much as your first $20,000 spent. After that, you earn unlimited 1.5% money again, which you’ll be able to redeem within the type of a press release credit score or a direct deposit to your bank account.

This card has no annual charges, however when you use it overseas or on purchases in a overseas foreign money, you’ll get hit with a three% foreign-transaction charge.

Amazon presents its personal retailer cards with special financing provides, however we choose the Chase Freedom Unlimited. Not solely does the Freedom Unlimited offer you each a 0% intro purchase APR supply and spending rewards, but you’ll additionally possible pay less in curiosity ought to you’ve gotten any remaining stability by the time the supply interval ends.

After the promo interval ends, the Chase Freedom Limitless costs a variable APR of 17.24% – 25.99%, which is the interest you pay on any remaining stability. (If, for example, you cost $1,000 to the cardboard and 15 months later still owe $100, you pay curiosity on just $100.)

Should you can’t get accredited for the Amazon Prime Rewards Visa Signature, attempt the Amazon Prime Retailer Card (but we don’t adore it)

For Amazon Prime members with less-than-excellent credit score

Amazon Prime Store Card

You earn 5% in your Amazon purchases when you’re a Prime member.

What we love

5% again on Amazon purchases can take the sting out of any Prime Day, vacation, or on a regular basis purchases.

What we don’t love

The card has a particular financing supply where you pay no curiosity when you pay in full by the top of the promo period. But you might find yourself paying extra in interest than you meant for those who don’t repay your stability by the top of the promo interval.

  • You have to be an Amazon Prime member to have the ability to apply for this card
  • The card is issued by Synchrony, which has been recognized to be missing in customer service
  • This can be a closed-loop card, which means it really works solely for purchases you make at Amazon. It doesn’t even work at Entire Meals, an Amazon-owned grocery store
Amazon Prime Store Card
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Product details have been collected independently by Wirecutter and are correct as of 6/25/2019. Study Extra.

Annual Charge

$0

Regular APR

28.24% variable

Beneficial Credit

Good to truthful

The Amazon Prime Rewards Visa Signature Card isn’t the only bank card particularly for Prime members—there’s also the Amazon Prime Retailer Card.

Like the Amazon Prime Rewards Visa Signature Card, this card provides you 5% back on most purchases at Amazon, which could be a huge bonus should you’re planning a serious purchase for Prime Day. You possibly can redeem any rewards you earn as a press release credit score or spend them on Amazon.com. Final yr, for instance, you might have purchased a Vitamix 5200 blender, which was on sale for $300 (down from its typical worth of $400). Not only would you’ve gotten saved $100 buying your fancy blender on Prime Day, however you may even have earned $15 cash back by using your Amazon Prime Store Card for it.

You must be an Amazon Prime member to use for the card. (Observe: When you get the Amazon Retailer Card and then enroll for Prime, you’re mechanically upgraded to the Prime Store Card.)

The largest disadvantage? It’s a closed-loop card, which means it really works only for purchases on Amazon.com. And although 5% back is great, the cardboard has a variety of problems:

The financing supply might depart you paying extra in curiosity than you anticipated: The card additionally has a special financing intro supply for clients who can’t pay off their buy in full, but we really don’t advocate benefiting from that provide. You get six months to pay off purchases of $149 or extra, 12 months to pay off purchases of $599 or extra, and 24 months to repay choose Amazon-sold gadgets, before interest kicks in.

But for those who don’t repay your debt in time, you’ll find yourself paying interest on the whole value of the original purchase, not just the quantity leftover. That signifies that even in the event you buy a $1,000 pc and pay off $900 of it within a yr, you’ll owe interest on the complete $1,000 slightly than just on the $100 you owe.

For those who benefit from the financing supply, you gained’t even get rewards: Opting for the particular financing supply means you don’t get the 5% back. Examine that with the Chase Freedom Unlimited, where you get entry to the 15-month buy APR supply in addition to 1.5% back on your buy.

Also, this card is issued by Synchrony somewhat than Chase, and Synchrony has incurred the wrath of a whole lot of cardholders for its lackluster customer service.

We really advocate this card provided that you’re a frequent Amazon shopper however your credit score isn’t ok for you to get accepted for both of our two aforementioned picks. Keep in mind, though, that banks think about extra than simply your credit score when deciding whether to approve you; they could think about other metrics reminiscent of credit history and revenue, too.

Editorial notice: Opinions expressed listed here are Wirecutter’s alone and haven’t been reviewed, permitted, or otherwise endorsed by any third celebration.