Quick Answer: Is Amazon Prime Store Card A Credit Card?

Does applying for Amazon card hurt credit?

1 Answer.

Getting rejected for a credit card does not impact your credit score.

However, applying for a credit card, whether or not you are approved, does impact your score temporarily.

Each time your credit report is accessed by a creditor, an “inquiry” instance appears on your credit report..

What are the benefits of having an Amazon credit card?

The Amazon Prime Rewards Visa Signature Card, issued through Chase, has some enticing rewards: 5 percent back on purchases you make on Amazon and at Whole Foods, as well as 2 percent back at restaurants, gas stations and qualifying drug stores, plus 1 percent on all other purchases.

What Amazon credit card is the best?

Amazon Prime Rewards Visa Signature CardThe Amazon Prime Rewards Visa Signature Card is the best credit card for Amazon purchases. It has No Annual Fee (other than the $119 Amazon Prime subscription) and comes with a $70 Amazon.com gift card upon approval. It also offers a significant 5% cash back on purchases at Amazon.com and Whole Foods.

Is the Amazon store card a credit card?

And like its store card counterpart, the Amazon.com credit card doesn’t charge an annual fee, either. Better yet, you can use the Amazon credit card anywhere Visa is accepted – and not just at Amazon.com. And since it’s a traditional credit card, interest only accrues on actual balances you owe.

Can I use my Amazon credit card anywhere else?

WalletHub, Financial Company The Amazon Credit Card can be used anywhere Visa is accepted, which is virtually anywhere domestically and in over 150 countries around the world. The Amazon Store Card can only be used to make purchases on Amazon.com and through select “Pay with Amazon” merchants.

Can I use my Amazon credit card at Walmart?

The Amazon Credit Card can be used at Walmart.

Is there an annual fee for Amazon store card?

There is no annual fee associated with an Amazon Store Card account. See the APR for new accounts at the beginning of the special financing and equal monthly payments section above. 9.

Is the Amazon Prime store card worth it?

And the Amazon Prime Store Card (what it’s called for members) gives you an indefinite 5% off sale. So it’s definitely worth it. You just need to pair it with a Visa or Mastercard that allows you to maximize the rewards you earn on all of your other purchases. Don’t use it for financing.

How does Amazon credit card work?

You earn a 3% rebate for all Amazon.com and Whole Foods Market purchases; 2% at gas stations, restaurants, and drugstores; and 1% on all other purchases. Your rewards come in the form of points. … When you are approved for the card, Amazon will give you a $50 gift card.

Does Amazon do a hard credit check?

Yes, the Amazon Store Card will do a hard pull. … There is no way to pre-qualify for the Amazon Store Card. A hard pull usually causes an applicant’s credit score to drop by 5-10 points. Most people’s scores bounce back within 3-6 months with responsible credit management, but it can take up to 12 months.

What is the credit limit for Amazon credit card?

Consumers can establish credit lines ranging from a minimum of $100 to a maximum of $1,000. Like many other retail cards, however, the Amazon Credit Build card can only be used for Amazon purchases, making it a “closed-loop” card.

Is Amazon credit card a good idea?

The good. With no annual fee or foreign transaction fees, this card offers major opportunities for cash back. As a Prime member, you get 5% back on purchases at Amazon.com and Whole Foods, 2% back at restaurants, gas stations and drugstores, and 1% back on all other purchases.

What happens if I don’t use my Amazon credit card?

3 Answers. It will impact your credit score, but typically very minor – paying one bill late is much worse. It reduces your average credit card age, which is a minor contributor to credit score.

Is it easy to get approved for an Amazon credit card?

Approval Requirements & Application Although the Amazon.com Store Card is easiest to obtain for those with at least fair credit, a number of cardholders report being accepted with credit scores around the 600 range.

Which Amazon card is best?

Top 5 Credit Cards for Amazon Purchases:Amazon Rewards Visa Signature Card – Best Overall.Amazon.com Store Card – Best for Fair Credit.Chase Sapphire Preferred Card – Best for “Shop with Points” on Amazon.Citi Double Cash Card – Best for Cash Back.Amazon.com Business Credit Card – Best for Business.

What is the difference between Amazon Prime Card and Amazon store card?

The main difference between the Amazon Store Card and the Amazon Credit Card is that the former can only be used to make purchases at Amazon and where Amazon Pay is accepted, whereas the latter can be used pretty much anywhere in the world.

Who accepts Amazon Prime store card?

About the card The card is issued by Synchrony Bank and offers 5% back on all purchases. The card can only be used on Amazon purchases, and it has promotional no-interest financing available for big-ticket items.

Can you get a credit card with a 550 credit score?

The best credit card for a 550 credit score is the OpenSky Secured Visa Card. There’s no credit check when you apply, so approval is almost guaranteed. You just need $200 for a refundable security deposit and enough income to make monthly payments.

What happens to my Amazon credit card if I cancel Prime?

When your Prime membership expires, your rewards points on Amazon purchases changes from 5% to 3%, and the next time you get a new card for the account, it will be gray instead of black, and say Amazon instead of Amazon Prime. But you do continue to keep the Chase Visa account, with all the other benefits unaffected.