pay my amazon credit card account

Discover the benefits of various credit cards offered by Amazon, including the Amazon Rewards Visa Card, the Amazon.com Store Card. Amazon.com Credit. Amazon Pay Credit Card Features · Amazon Prime customers can earn up to 5% cashback and non-prime customers can up to 3% cash back. · 15% discount at partner. Log in to your Amazon Payments account and click Edit My Account Settings. Click Add, edit, or delete my credit cards to view your current.

Pay my amazon credit card account -

3 Ways To Pay Your Amazon Credit Card Bill

Credit Cards / Retail

CHIANG MAI,THAILAND, FBE 11 2016 : iPhone 6s plus showing AMAZON app on screen Amazon.

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An Amazon credit card gives you even bigger buying power at one of the world’s top shopping sites. With new and used products from both third-party sellers and its own massive inventory, the global retailer has something for everyone and provides a bevy of financial benefits with its branded card.

The Amazon Store Card can be used for most purchases on Amazon.com and Amazon-branded physical stores. Plus, if you opened your account before Jan. 1, 2021, you can use the card at merchants that accept Amazon Pay. Cardholders are also eligible for interest-free purchases for six, 12 or 24 months by making equal monthly payments. Plus, Amazon Prime Store Card users can earn 5% back in statement credits or Amazon rewards points on Amazon.com purchases.

After using your Amazon Store Card, you’ll need to pay your bill. Find out your options so you can avoid making a late payment.

How To Make Your Amazon Credit Card Payment Online

Whether you want to make a minimum payment or pay off your Amazon credit card balance, this popular Amazon credit card bill-pay option requires you to log in to your account at the Synchrony Bank Amazon online credit center. Follow these steps to make a one-time payment:

  1. Log in to your account.
  2. Place your cursor over “Payments” and then select “View and Make Payments.”
  3. Select whether you want to make a minimum payment or pay your current balance, statement balance or another amount.
  4. Select a payment date.
  5. Enter your bank’s routing number and your checking account number in the appropriate fields and confirm.

Synchrony also offers cardholders the option to “Pay as Guest,” which means you can pay without logging in to your account. To use this feature, you’ll need to enter your card number, Social Security number and ZIP code.

How To Pay Your Amazon Credit Card Bill by Phone

You can make a payment of any size by calling Synchrony Bank’s automated payment system. You can also press zero to have a customer service representative assist you.

Here are the steps to pay your Amazon credit card bill by phone:

  1. Call Synchrony Bank at 866-634-8379.
  2. Wait for the prompts, and press two on your keypad.
  3. Listen to the prompts, and press one on your keypad.
  4. Enter your Amazon Store Card account number to allow the system to identify your account.
  5. Follow the prompts to make your payment.

How To Make an Amazon Credit Card Payment by Mail

Synchrony also accepts mailed payments. However, the crediting of your payment may be delayed up to five days after Synchrony acknowledges receipt. Follow these steps:

  1. Make out your check or money order to Synchrony Bank/Amazon.
  2. Place the remittance form from your statement with your payment, filling in the amount you wish to pay.
  3. Send your payment to:

Synchrony Bank / Amazon
P.O. Box 960013
Orlando, FL 32896-0013

When Is My Amazon Credit Card Bill Due?

As an Amazon cardholder, the due date for your Amazon credit card comes at a minimum of 23 days past the billing cycle’s close. You won’t be charged interest on purchases if your balance is paid by the due date every month. Payments are due by 5 p.m. ET. You will be charged a late fee of up to $40 if you fail to make your Amazon credit card payment on time.

Note that these payment instructions do not apply to Amazon Rewards Visa Signature cardholders. The Amazon Rewards Visa is financed by Chase Bank.

Cynthia Measom contributed to the reporting for this article.

About the Author

StacyCalvert creates online content from her home in Peoria, IL. She ghostwrites product descriptions, blog posts and static webpage content for small, medium and large businesses. Stacy has written articles for the Houston Chronicle, NestMagazine and other publications online.

Источник: https://www.gobankingrates.com/credit-cards/retail/best-ways-pay-amazon-credit-card-bill/

How the Amazon Prime Rewards Signature Visa Card Works: Benefits and Rewards

How the Amazon Prime Rewards Signature Visa Card Works

Amazon.com is the virtual store that has everything—and at low prices. Order it today; have it as soon as tomorrow. Not only does it offer a wide variety of goods, but the company also offers a co-branded visa card, especially for its Prime members.

The Prime Rewards Signature Visa is similar to its alternative co-branded card, named the Amazon Rewards Signature Visa credit card. Both credit cards can be used anywhere Visa is accepted and are backed by Chase Bank USA, N.A., a subsidiary of JPMorgan Chase & Co., which handles all revolving credit services and issues.

The card can be used anywhere that accepts Visa. The card offers 5% cashback on all items purchased on Amazon.com and Whole Foods markets. Newcomers get a $100 Amazon.com Gift Card instantly upon credit card approval. Cardholders may select a card design featuring either Amazon or Whole Foods, as well.

Key Takeaways

  • The Amazon Prime Rewards Signature Visa Card is a co-branded credit card offering rewards like 5% cash back on purchases made on Amazon.com and in Whole Foods markets. 
  • Besides good credit, you must have a Prime membership to be eligible for a Prime Rewards Signature Visa. 
  • The Amazon Rewards Visa Signature Card is nearly identical to the card designed for Prime members. However, cardholders only receive a 3% rebate on purchases. 
  • You must have a good credit score—at least 670—to be considered for either of the co-branded Amazon Signature Visa cards.
  • Amazon also offers two store cards, but these cards are not credit cards. The cards are used for purchases on Amazon.com but eligible for use in Whole Foods markets.

Rewards and Benefits

If you do a lot of shopping on Amazon and at Whole Foods, this card offers several perks. You earn a 5% rebate (or 3%, for non-Prime members, who are eligible for the Visa Rewards card) 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. You'll get one point for each penny you earn in rebates.

When you open an Amazon Signature Visa credit card, you will receive 5% back everywhere you shop on up to $2,500 in purchases for the first three months of owning the card if you have a Prime account. If you tend to buy your groceries at Whole Foods and frequently shop online at Amazon as a Prime member, this card could provide substantial rewards and rebates.

Example of Points

Let’s say you bought an item on Amazon for $20. You would earn a 3% rebate (60 cents), which would become 60 points. Every 100 points are worth $1. Your points are available as soon as they are processed as a discount at checkout.

When you are approved for the card, Amazon will give you a $100 gift card. There is no annual fee, no foreign transaction fees, no earning cap, and your points never expire.

Where Can Someone Get the Amazon Prime Rewards Signature Visa Card?

Interested customers can apply for the card online at Amazon.com. However, the vetting process will go through Chase Bank, which authorizes and administers the financial logistics and the approval process. 

According to Amazon.com, "if your application is instantly approved, you'll be taken to a page that includes the Cardmember Agreement, the terms of your Amazon Rewards Visa Signature account, and other important information."

Conversely, if your application isn't approved instantly, Chase Bank will inform you about your status after reviewing your credit history. This takes approximately two to four weeks. Amazon recommends waiting two weeks after submitting your application before contacting Chase Bank.

What Kind of Credit is Required for the Amazon Prime Rewards Signature Visa Card?

Unlike the Amazon store card, which only requires fair credit, the Amazon Rewards Signature Visa cards (Prime member or non-member) both require a higher credit score because they are Visa credit cards.

Amazon.com offers both a store credit card that can only be used on Amazon.com orders and several co-branded Visa card options such as the Amazon Rewards Visa Signature Card that can be used anywhere Visa is accepted.

Where Can the Amazon Prime Rewards Signature Visa Card Be Used?

You can expect to use your Amazon credit card anywhere that takes Visa, most likely anywhere in the U.S., and over 150 countries worldwide. Unlike store cards tied to use at a specific retailer, a visa card connected to Amazon.com is a regular credit card in many ways.

You will earn rewards if you use it to shop on Amazon.com or Whole Foods, but you can also benefit from rewards when used at participating gas stations, pharmacies, and other retailers.

Alternatives to the Amazon Prime Rewards Signature Visa Card

Amazon offers two store-only cards, similar to its credit cards, as the Amazon Prime store card offers its Prime member holders more perks. Synchrony Bank issues the Amazon.com Store Card and the Amazon Prime Store Card, and the cards are useful if you are a frequent shopper on Amazon.com.

Amazon.com and Amazon Prime Store Cards

If you don't want or don't qualify for either of the Amazon Rewards Signature Visa cards, the Amazon.com or Prime store cards may be a viable option for saving money on your Amazon purchases. Amazon store cards are not accepted at Whole Foods markets, unlike the Amazon Prime Rewards Signature Visa and the Amazon Rewards Signature Visa.

When you are approved for an Amazon.com store card, you receive a $60 gift card from Amazon.com, a bit less than the $100 gift card you receive for opening an Amazon Prime Visa card. The Amazon store card's reward program is not as robust as its Visa Rewards Signature Visa card, but it does offer introductory financing opportunities for new cardholders.

Amazon Rewards Signature Visa Credit Card

The Amazon Rewards Signature Visa card is another alternative if you don't have a Prime membership but want the convenience and the benefits of an Amazon Visa credit card. The Amazon Rewards Signature Visa is nearly identical in its perks and terms and conditions as the Prime Rewards Visa Signature Card, with one exception, if you are not a Prime member, you will only reap a 3% reward when you shop on Amazon.com and at Whole Foods.

Terms and Conditions of the Amazon Prime Rewards Signature Visa Card

The annual percentage rate on your card will depend on your credit history. There’s no introductory APR. Expect a rate between 14.24% and 22.24%, but it will vary based on the prime rate. Balance transfers have the same APR as purchases instead of the higher one many cards impose.

Cash advances on the Amazon Prime Rewards Signature Visa have an interest rate of 24.99%. You have 21 days after the end of the billing cycle to pay the balance in full to avoid any interest charges. The late payment fee is up to $39, depending on your card's balance. Customers will pay $5 or 5% of the balance transfer amount, whichever is greater. Cash advances cost $10 or 5%, whichever is greater.

The card does not have an annual fee attached, but if you want the Amazon Prime Rewards Signature Visa, you will have to pay to be an Amazon Prime member, which costs $119 per year. You must be age 18 or older to apply for the card, and credit limits are based on the applicant's credit.

Amazon Prime Rewards Signature Visa
APRLate FeeReturn Check FeeGrace Period
Amazon Prime Rewards Signature Visa14.24% and 22.24%$39None21 days after the end of the billing cycle

Who Should Consider the Amazon Prime Rewards Signature Visa Card?

If you frequently shop in Whole Food markets and on Amazon.com as a Prime member, this card might make sense given the rebates and rewards. A co-branded card like this provides not only access to rewards but a line of credit, and you have the flexibility of being able to use the card anywhere that takes Visa. If you don't want to take out a credit card, but you have brand loyalty to Amazon and shop frequently on its website, you might consider an Amazon.com or Amazon Prime Store card.

The Bottom Line

Although the card is only available to Prime members, the rewards structure of either Amazon Visa card might make it useful even for people who only shop at Amazon infrequently. The APR is still higher than most non-retail cards, but this card's terms are attractive in the retail space.

Rewards are most valuable to people who don’t carry a balance, as you can quickly pay more in interest charges than the benefits are worth if you don't pay it off. Second, it may be wise not to make purchases solely to earn rewards. Saving your money and investing it will always win out over spending.

If you are interested in owning a Visa card and an avid Amazon.com and Whole Foods shopper, you may want to investigate opening this card.

Frequently Asked Questions

What Kind of Credit Score Do I Need to Open an Amazon Prime Rewards Signature Visa Card?

Amazon.com doesn't state explicitly about the score. Still, numerous reviewers of the product report that the recommended credit score to be eligible for an Amazon Prime Signature Visa card needs to be at least 670.

Where Can I Use My Amazon Prime Rewards Signature Visa Credit Card?

You'll earn 5% back on all Amazon.com and Whole Foods markets purchases, but you can use the card anywhere Visa is accepted.

Does Amazon Prime Rewards Signature Visa Card Help You Build Credit?

Yes. Like any Visa credit card, if you manage your credit wisely, it can help you improve your credit over time.

Does the Amazon Prime Rewards Signature Visa Have an Annual Fee?

No, the card does not have an annual fee. However, you will be required to purchase an Amazon Prime membership ($119 a year) if you want to open an Amazon Prime Rewards Signature Visa credit card account.

What's the Difference Between the Amazon Prime Rewards Signature Visa Card and the Amazon Rewards Signature Visa Card?

Both cards are co-branded by Chase and offer the same terms and conditions but slightly different rewards. Prime members get a 5% back on all items purchased on Amazon.com, and at Whole Foods, non-prime cardholders receive a 3% rebate. Both cards come without an annual fee, but a Prime membership costs $119 a year.

Источник: https://www.investopedia.com/articles/personal-finance/012815/how-amazoncom-credit-card-works.asp

Amazon to stop accepting Visa credit cards for payments from January

Amazon will stop accepting Visa credit cards for payments in the UK from January, it said.

The costs of processing payments on the cards made it too expensive to support them, Amazon said.

Amazon will continue to accept payments on Visa debit cards as well as credit cards from other firms, such as Mastercard and American Express.

The new rules will start from 19 January, Amazon said in an email to customers.

The online giant said technology advancements should be making payment processing fees reduce, but complained that they were actually increasing.

“The cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers,” the company said in a statement.

“These costs should be going down over time with technological advancements, but instead they continue to stay high or even rise.

“As a result of Visa’s continued high cost of payments, we regret that Amazon.co.uk will no longer accept UK-issued Visa credit cards as of January 19, 2022.

“With the rapidly changing payments landscape around the world, we will continue innovating on behalf of customers to add and promote faster, cheaper and more inclusive payment options to our stores across the globe.”

A Visa spokesperson said the company was disappointed and hoped to resolve the situation before the deadline went into effect.

“UK shoppers can use their Visa debit and credit cards at Amazon UK today and throughout the holiday season,” the company said.

“We are very disappointed that Amazon is threatening to restrict consumer choice in the future. When consumer choice is limited, nobody wins.

“We have a long-standing relationship with Amazon, and we continue to work toward a resolution so our cardholders can use their preferred Visa credit cards at Amazon UK without Amazon-imposed restrictions come January 2022.”

Источник: https://www.independent.co.uk/life-style/gadgets-and-tech/amazon-visa-credit-card-payments-debit-b1959206.html

Are Amazon Credit Cards Worth It?

Find the Best Credit Cards for Online Shopping

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Amazon has a gargantuan hold on many Americans’ shopping habits, and it’s been estimated that nearly 5% of all U.S. retail goods sold are through the online behemoth.

If you regularly shop via Amazon.com, at Whole Foods or purchase AWS cloud services, you may have been wondering if using an Amazon-branded credit card was a smart move, since you can earn elevated rewards on your Amazon-centric spending as well as several other areas of spending.

There are four Amazon credit cards to consider: two consumer cards and two small business cards. Each card comes with its own set of benefits and potential drawbacks. Is one of them right for you? Let’s take a closer look at each card to help you decide.

Amazon Prime Rewards Visa Signature Card*

The Amazon Prime Rewards Visa Signature Card* is one of two Amazon consumer cards, available only to those with an Amazon Prime membership.

Card Details

  • Annual fee of $0 with Prime membership. A Prime membership fee starts at $119 annually or $59 annually for a Prime Student membership.
  • No foreign transaction fees.
  • Rewards: 5% cash back in rewards at Amazon.com and Whole Foods Market with an eligible Prime membership, 2% cash back at restaurants, gas stations and drugstores and 1% on all other purchases
  • Payment options: This card does not offer traditional 0% introductory APR periods, however, cardholders may be eligible to choose a 0% APR period where they make equal monthly payments ranging from 6 to 18 months on qualifying purchases of $50 or more.
  • Other benefits: As a Visa Signature card, you’ll get perks including roadside dispatch, auto rental collision damage waiver, purchase protection, extended warranty protection.

Pros and Cons

There’s no other card that will earn you higher everyday rewards on your Amazon spending, so if you’re already an Amazon Prime member and spend a fair amount of money on the site, this card deserves a place in your wallet. But if you rarely shop using Amazon, it may not make sense to pay the annual fee for Prime membership.

To break even with the annual Prime membership cost of $119, you’d have to spend $2,380 annually (just under $200 monthly) on a combination of Amazon spending and/or at Whole Foods Market. Of course this doesn’t take into account some of the other benefits of Prime membership, like free next day and two-day delivery, Prime Video, Amazon Music, Amazon Photos and more. Those additional perks may hold value for you.

Alternate Pick: Amex EveryDay® Preferred Credit Card*

If you’re primarily looking for rewards on everyday spending, consider the Amex EveryDay® Preferred Credit Card*. For an annual fee of $95 the card offers the following rewards: 3 points per dollar at US supermarkets, on up to $6,000 per year in purchases (then 1 point per dollar), 2 points per dollar on US gas stations and 1 point per dollar on other eligible purchases The welcome bonus will help you score some extra cash back on Amazon.com, too: 15,000 Membership Rewards points after making $1,000 in purchases in the first 3 months of account opening

Amazon Rewards Visa Signature Card*

The Amazon Rewards Visa Signature Card*is the alternative option for those who want elevated rewards on their Amazon spending without paying for a Prime membership.

Card Details

  • No annual fee (and no Prime membership required to apply).
  • No foreign transaction fees.
  • Rewards: 3% cash back in rewards at Amazon.com and Whole Foods Market, 2% cash back at restaurants, gas stations, and drugstores and 1% cash back on all other purchases
  • Payment options: This card does not offer a traditional introductory APR. Instead, cardholders can opt to forego earning rewards on eligible Amazon purchases for a 0% APR period when they make equal monthly payments ranging from six to 18 months on qualifying purchases of $50 or more.
  • Other benefits: As a Visa Signature card, you’ll get perks including roadside dispatch, auto rental collision damage waiver, purchase protection, extended warranty protection.

Pros and Cons

There’s no Amazon Prime membership required but the earnings rate on Amazon stuff is lower with this card. Otherwise this card has all the same bells and whistles as its Prime sibling. The question to ask yourself if debating whether or not to get this card is how much you’ll actually spend on Amazon purchases and/or Whole Foods spending vs the areas that only earn 1% on this card. If you think you’ll spend more overall in the 1% categories, a better choice would be a card that earns a flat 2% cash back on every purchase.

Alternate Pick: Citi® Double Cash Card

There are a number of credit cards on the market that will earn 2% rewards on everything you buy without the need to track categories. One pick to consider is the no-annual-fee Citi® Double Cash Card which earns 1% when you make a purchase and another 1% when you pay your bill. Rewards earned on the card can be used as a statement credit, direct deposit, check or converted to transferable points when paired with a premium card.

Amazon Business Prime American Express Card*

The Amazon Business Prime American Express Card* is the small business credit card for Business Prime members.

Card Details

  • No annual fee, but an Amazon Business Prime Membership is required to apply for the card. A Business Prime membership starts at $69 annual for one user and goes all the way up to $10,999 a year for over 100 users.
  • No foreign transaction fees.
  • Rewards: 5% in rewards or 90 Days Terms on eligible U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market with an eligible Prime membership. The 5% reward rate applies to the first $120,000 in purchases each calendar year. Earn 2% at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers and 1% on other purchases
  • Payment options: Instead of earning 5% rewards, cardholders can choose 90-day terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market to repay a balance without incurring interest.
  • Other benefits: As an American Express card, the card comes with baggage insurance, car rental loss and damage insurance, extended warranty, purchase and return protections.

Pros and Cons

The card earns 5% cash back on Amazon purchases—which includes the Amazon Web Service (AWS) cloud platform, on up to the first $120,000 in spending per calendar year, then 1%.  If your business spends significantly at Amazon but under the $120,000 cap, this could snag you some solid savings. However, those with high expenses beyond the Amazon ecosystem or who want more flexibility in a business rewards card are likely to find that a business card with a different structure will yield greater rewards.

Where this card shines is in the potential to carry a balance for 90 days in lieu of earning rewards on your purchase. For those who need the extra time, this option can be far more valuable than earning single digit rewards when the APR is a variable 14.24% - 22.24% Variable APR on purchases.

Alternate Pick: The Blue Business® Plus Credit Card from American Express

If your annual spending is far below $120,000 but you still want strong rewards on your business expenses, look at a card like the The Blue Business® Plus Credit Card from American Express (Terms apply). This card offers the following rewards: 2 Membership Rewards points per dollar on everyday business purchases such as office supplies or client dinners. 2 points per dollar applies to the first $50,000 in purchases per year. All other eligible purchases earn 1 point per dollar That’s simpler to keep track of and there’s no annual fee or associated membership requirement to apply. (See rates & fees).

Amazon Business American Express Card*

The Amazon Business American Express Card* is the small business credit card that offers elevated rewards on Amazon spending, but without the Prime membership requirement.

Card Details

  • No annual fee.
  • No foreign transaction fees.
  • Rewards: 3% in rewards or 60 Day Terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market. The 3% rate applies to the first $120,000 in purchases each calendar year. Earn 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers and 1% on other eligible purchases
  • Payment options: Instead of earning 3% rewards, cardholders can choose 60-day terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market to repay a balance without incurring interest.
  • Other benefits: As an American Express card, the card comes with baggage insurance, car rental loss and damage insurance, extended warranty, purchase and return protections.

Pros and Cons

Earning 3% back on your Amazon spending is OK but the real value in this card lies in the 60-day financing option. Unlike a card with a promotional 0% APR offer, you can choose 60-day terms every time you make an Amazon purchase. That extra time may be more meaningful to you than the 3% rewards rate. But if you don’t spend much on Amazon, another card can offer greater rewards in the areas where you spend the most.

Alternate Pick: Ink Business Preferred® Credit Card

The Ink Business Preferred® Credit Card may be a solid alternative to the Amazon Business American Express Card*,  offering a strong rewards rate on areas many businesses are likely to find appealing. 3 points per dollar on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per dollar on all other purchases. It also comes with an annual fee of $95 but that may be balanced out by the flexibility of your earnings.

Rewards earned are Chase Ultimate Rewards points which can be redeemed for cash back at 1 cent per point or redeemed for 25% more value when used to book travel through the Chase Travel Center. You can also use your rewards to redeem for Amazon purchases, but that yields a lesser value of around 0.8 cents per point.

Find the Best Credit Cards for Online Shopping

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Bottom Line

If you’re a heavy duty Amazon and/or Whole Foods spender, an Amazon rewards credit card could be a smart move to save money. You’ll generally find the most value comes from the Prime version of the consumer card as Prime membership comes with a slew of perks that if utilized can far outweigh the cost of membership. Of course if you rarely shop with Amazon, it doesn’t make sense to get either consumer version of the card as you can find cards offering 2% on everything you buy, not just a handful of categories.

Whether not to get a business Amazon card will depend on your goals. If most of your spending needs can be met via Amazon, either of the business Amazon cards could be a fit depending on how much you spend, if you can benefit from a Prime membership and/or if you can frequently benefit from the extended financing offers on purchases.

To view rates and fees for The Blue Business® Plus Credit Card from American Express please visit this page.

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Источник: https://www.forbes.com/advisor/credit-cards/are-amazon-credit-cards-worth-it/

Can you cancel your Amazon Prime, Costco memberships and keep using their cards?

Citi is a CreditCards.com advertising partner.

If I cancel my membership to Amazon Prime or Costco, can I continue to use their credit cards?

The Amazon Prime Rewards Visa card can still be used by those Prime members who may decide to cancel the service.

That is not the case for Costco Anywhere Visa Card by Citi cardholders who cancel their Costco membership and may want to continue to use their card.

Read on to learn about each retailer’s fine print in further detail:

  1. Amazon Prime
  2. Costco
Expert Q&A

Check out all the answers from our credit card experts.

If you’re thinking of dropping your Amazon Prime membership now that its price has increased, what happens to your Amazon Prime Rewards Visa Card?

Amazon announced it is boosting the annual Prime membership fee by $20, to $119. The hike took effect for new members on May 11, 2018. Renewals of existing memberships will see the higher price starting June 16, 2018.

The popular Amazon Prime Rewards Visa Signature card, issued by Chase Bank, states that it is exclusively for Prime members when you sign up.

Effects of canceling Prime for Amazon Prime Rewards cardholders

The Amazon Prime Rewards Visa card can still be used by former Prime members who keep the card after leaving Prime – with some changes, according to Amazon and Chase.

  • Chase customer service confirmed that you can continue using the Prime Rewards card, on Amazon and elsewhere, after leaving Prime.
  • If you have a balance, you can continue paying that down month-to-month. And the available credit will still show on your credit report, bolstering your credit score.
  • The rewards deal for Prime members will no longer be as generous, but it doesn’t go away entirely, according to Amazon.
  • Prime members effectively get 5 percent back on eligible Amazon and Whole Foods purchases when they use the card. Rewards amount to 2 percent back at restaurants, gas stations and drugstores, and 1 percent on other purchases.
  • For non-Prime members using the card, the reward rate drops to 3 percent at Amazon and Whole Foods. The other categories keep their existing rewards rates.
  • These are the same rewards offered by the Amazon Rewards Visa card, also offered by Chase. The card has no fee and doesn’t require a Prime membership.

Canceling Prime while using an Amazon Prime Rewards card

Leaving Prime is not as simple as letting your membership expire and ignoring appeals to renew. Most users of the Prime Rewards card make it their preferred payment method on Amazon. When your current membership expires, Amazon will bill the annual membership fee to your account automatically.

A Chase customer service worker said Amazon has been flexible about reversing the charge for people who intended to quit Prime and got blindsided by the automated renewal.

But to avoid the hassle of a chargeback, log in to your Amazon account, check your Prime expiration date, and quit before the auto-renewal rolls around.

If, that is, membership no longer makes sense for your budget. Before pulling the plug, it’s a good idea to review the benefits you get – or could get if you knew about them – from Prime.

Our reviewer at CreditCards.com crunched the numbers and concluded that Prime benefits still outweigh the costs.

The Amazon Rewards Visa cards offered by Chase are distinct from an Amazon-only store card issued by Synchrony Bank, which has different terms and conditions.

For Synchrony’s Amazon Prime Store Card, the current 5 percent rewards rate for Prime members drops to 0 percent if you quit Prime membership. The card can still be used for Amazon purchases, however, and still provides access to special financing offers.

Tip: Amazon Prime memberships are renewed automatically every year. If you are considering canceling your Amazon Prime membership, log in to your Amazon account, check your Prime expiration date and quit before the auto-renewal rolls around.

Canceling Costco membership as a Costco Anywhere Visa cardholder

A question raised by a Costco member brought up the issue of cards linked to retail memberships and the Costco Anywhere Visa Card by Citi.

“I am now a Costco member, but I am going to let my membership expire,” Brian wrote. “If I continue using my Costco Anywhere Visa card, will I be charged a fee?”

There’s no fee, but no card either.

  • Citi’s terms and conditions for its Costco Anywhere Visa card contain this line: “We will close your account if you do not maintain a Costco membership.”
  • A Citi customer service representative confirmed that Costco cardholders won’t be able to switch to another Citi card should they decide to cancel their card.
  • While the card itself has $0 annual fee, Costco membership costs $60 a year, according to the retailer’s website.
  • Losing the card will have two consequences that could be painful – on top of not being able to charge purchases with it.
  • First, your credit report will show less available credit, which is a negative for your credit score.
  • Second, you will have to pay off the balance, if you’re carrying one. Under the Credit CARD Act, you should have a five-year period to pay off the balance and interest, or limits on the increase in your monthly minimum payment.

As with Amazon, leaving Costco is not as simple as letting the membership expire.

“Your Costco membership fee will automatically renew and be charged to your Costco Anywhere Visa Card annually on the first day of your renewal month,” Citi’s terms and conditions state.

Costco members need to actively cancel their membership to avoid the renewal.

See related:Which is the best card to use on Costco purchases?

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

Fred O. Williams is a former senior reporter for CreditCards.com.

Источник: https://www.creditcards.com/credit-card-news/cancel-membership-can-use-card-amazon-prime-costco/

Pay my amazon credit card account -

Amazon Credit Card Bill Quiz answers: can you pay your credit card bill on Amazon?

Amazon Credit Card Bill Quiz is back with the September edition, where it is offering to pay credit card bill of select winners. After updating the quiz over multiple occasions, we are now seeing the September edition of this quiz, which is now live on the Funzone section of the app. The contest page notes that the quiz is being held from August 30th to September 25th, 2021. However, it has gone live only recently for Amazon customers.

Also Read: Amazon The Credit Card Quiz answers: when do you need to pay annual charges for Amazon Pay ICICI Bank credit card?

This new quiz joins the likes of Amazon Samsung Galaxy M32 5G Quiz, Amazon LG Gram Laptop Quiz, Amazon Teachers Day Special Quiz, Amazon National Wildlife Day Quiz, and others. Click here to check all the quiz being held by Amazon and Flipkart. The winners of this quiz will be selected by a lucky draw conducted at the end of the contest period.

Amazon Credit Card Bill Quiz answers

  • Answer 1: Yes
  • Answer 2: Credit Information Bureau of India Limited
  • Answer 3: Lower
  • Answer 4: All of these
  • Answer 5: Yes

Amazon Credit Card Bill Quiz questions and answers

Question 1: Can you pay your credit card bill on Amazon?

Answer: Yes

Question 2: The CIBIL maintains the record of the credit score in India. What is the full form of CIBIL?

Answer: Credit Information Bureau of India Limited

Question 3: If you have a higher credit score, lenders would consider your profile at a _____ risk. Fill in the blanks?

Answer: Lower

Question 4: Which of these is a way to maintain good credit history?

Answer: All of these

Question 5: Can you pay your credit card bill using Amazon Pay UPI?

Answer: Yes

What is Amazon Funzone and how to find Credit Card Bill Quiz?

Amazon Funzone hosts all the contests being hosted by the e-commerce giant. All the contests found on the platform are app only contests, meaning you can participate through the smartphone app. Through these contests, you either stand a chance to win something or enter a random draw to become eligible for a win. To find the Credit Card Bill Quiz, go to your Amazon app and click on the Pay button below first poster. Now, scroll down to find all Amazon Pay-related contests. You can also click on this link to directly go to the quiz page.

Amazon Credit Card Bill Quiz: answer and your next credit card bill is on Amazon

As mentioned earlier, the idea of this quiz is to help Amazon customers save on their next credit card bill. How? If you win this quiz, Amazon India will pay your next credit card bill. Amazon notes that up to Rs 10,000 will be paid for your next credit card bill in the form of Amazon Pay balance. The contest commenced on August 30th, 2021 and will conclude on September 25th, 2021.

All the usual rules apply here as well starting from the fact that you must be an individual legal resident of the Republic of India to participate. At the time of participation, you should be age 18 or higher and have set India as the current country in your account settings. If you win, you must provide a valid proof of identity such as Voter ID, PAN card, Driving License or Indian Passport.

Amazon employees, their immediate family members and affiliates cannot participate in this contest. Amazon Credit Card Bill Quiz is subject to force majeure circumstances and Amazon reserves the right to change the terms and conditions or cancel the contest at any time. The prize will be credited to the winners on or before September 26th, 2021.

Amazon Credit Card Bill Quiz: how to play?

  • The first step is to download the Amazon mobile app from Google Play Store or App Store.
  • Sign into your Amazon account or create a new one to enter the contest.
  • Go to Amazon Pay, scroll down to find all the contests and then navigate to “Credit Card Bill Quiz”.
  • You will see the message “Your next credit card bill is on us”.
  • Now, click on Play Now button and then tap the Start button to enter.
  • Answer all the questions correctly to enter the pool for the lucky draw.
  • The last screen will confirm that you have entered the lucky draw.

Amazon Credit Card Bill Quiz: terms and conditions

  1. Only the participants who answer all the questions correctly will become eligible for a lucky draw.
  2. The draw of the lots will be carried out during the Contest Period and a total of 25 participants will be declared as winners.
  3. All winners will be required to have their mobile numbers verified with Amazon.in so as to claim the prize.
  4. You give consent to Amazon to use your name, likeness, image, voice, and/or appearance, photos, video recordings and the like made in relation to the contest or any promotions.
  5. All the information shared in connection with the contest will be treated as per Amazon’s privacy notice.

Amazon Credit Card Bill Quiz: winners list

Amazon Credit Card Bill Quiz is being held from August 30th to September 25th, 2021. The names of the selected winners will be announced on September 26th, 2021. Check the names of the winners on this website. A total of 25 participants will be selected and their credit card bill up to Rs 10,000 will be paid by Amazon. The prize money will be credited to the selected winners on or before September 26th, 2021.

Tags: AmazonAmazon Credit Card Bill QuizAmazon Daily QuizAmazon FunzoneAmazon India
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The Pricebaba staff byline for news, features, comparisons, listicles, how-tos and more.

Источник: https://pricebaba.com/blog/amazon-credit-card-bill-quiz-answers

Can you cancel your Amazon Prime, Costco memberships and keep using their cards?

Citi is a CreditCards.com advertising partner.

If I cancel my membership to Amazon Prime or Costco, can I continue to use their credit cards?

The Amazon Prime Rewards Visa card can still be used by those Prime members who may decide to cancel the service.

That is not the case for Costco Anywhere Visa Card by Citi cardholders who cancel their Costco membership and may want to continue to use their card.

Read on to learn about each retailer’s fine print in further detail:

  1. Amazon Prime
  2. Costco
Expert Q&A

Check out all the answers from our credit card experts.

If you’re thinking of dropping your Amazon Prime membership now that its price has increased, what happens to your Amazon Prime Rewards Visa Card?

Amazon announced it is boosting the annual Prime membership fee by $20, to $119. The hike took effect for new members on May 11, 2018. Renewals of existing memberships will see the higher price starting June 16, 2018.

The popular Amazon Prime Rewards Visa Signature card, issued by Chase Bank, states that it is exclusively for Prime members when you sign up.

Effects of canceling Prime for Amazon Prime Rewards cardholders

The Amazon Prime Rewards Visa card can still be used by former Prime members who keep the card after leaving Prime – with some changes, according to Amazon and Chase.

  • Chase customer service confirmed that you can continue using the Prime Rewards card, on Amazon and elsewhere, after leaving Prime.
  • If you have a balance, you can continue paying that down month-to-month. And the available credit will still show on your credit report, bolstering your credit score.
  • The rewards deal for Prime members will no longer be as generous, but it doesn’t go away entirely, according to Amazon.
  • Prime members effectively get 5 percent back on eligible Amazon and Whole Foods purchases when they use the card. Rewards amount to 2 percent back at restaurants, gas stations and drugstores, and 1 percent on other purchases.
  • For non-Prime members using the card, the reward rate drops to 3 percent at Amazon and Whole Foods. The other categories keep their existing rewards rates.
  • These are the same rewards offered by the Amazon Rewards Visa card, also offered by Chase. The card has no fee and doesn’t require a Prime membership.

Canceling Prime while using an Amazon Prime Rewards card

Leaving Prime is not as simple as letting your membership expire and ignoring appeals to renew. Most users of the Prime Rewards card make it their preferred payment method on Amazon. When your current membership expires, Amazon will bill the annual membership fee to your account automatically.

A Chase customer service worker said Amazon has been flexible about reversing the charge for people who intended to quit Prime and got blindsided by the automated renewal.

But to avoid the hassle of a chargeback, log in to your Amazon account, check your Prime expiration date, and quit before the auto-renewal rolls around.

If, that is, membership no longer makes sense for your budget. Before pulling the plug, it’s a good idea to review the benefits you get – or could get if you knew about them – from Prime.

Our reviewer at CreditCards.com crunched the numbers and concluded that Prime benefits still outweigh the costs.

The Amazon Rewards Visa cards offered by Chase are distinct from an Amazon-only store card issued by Synchrony Bank, which has different terms and conditions.

For Synchrony’s Amazon Prime Store Card, the current 5 percent rewards rate for Prime members drops to 0 percent if you quit Prime membership. The card can still be used for Amazon purchases, however, and still provides access to special financing offers.

Tip: Amazon Prime memberships are renewed automatically every year. If you are considering canceling your Amazon Prime membership, log in to your Amazon account, check your Prime expiration date and quit before the auto-renewal rolls around.

Canceling Costco membership as a Costco Anywhere Visa cardholder

A question raised by a Costco member brought up the issue of cards linked to retail memberships and the Costco Anywhere Visa Card by Citi.

“I am now a Costco member, but I am going to let my membership expire,” Brian wrote. “If I continue using my Costco Anywhere Visa card, will I be charged a fee?”

There’s no fee, but no card either.

  • Citi’s terms and conditions for its Costco Anywhere Visa card contain this line: “We will close your account if you do not maintain a Costco membership.”
  • A Citi customer service representative confirmed that Costco cardholders won’t be able to switch to another Citi card should they decide to cancel their card.
  • While the card itself has $0 annual fee, Costco membership costs $60 a year, according to the retailer’s website.
  • Losing the card will have two consequences that could be painful – on top of not being able to charge purchases with it.
  • First, your credit report will show less available credit, which is a negative for your credit score.
  • Second, you will have to pay off the balance, if you’re carrying one. Under the Credit CARD Act, you should have a five-year period to pay off the balance and interest, or limits on the increase in your monthly minimum payment.

As with Amazon, leaving Costco is not as simple as letting the membership expire.

“Your Costco membership fee will automatically renew and be charged to your Costco Anywhere Visa Card annually on the first day of your renewal month,” Citi’s terms and conditions state.

Costco members need to actively cancel their membership to avoid the renewal.

See related:Which is the best card to use on Costco purchases?

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

Fred O. Williams is a former senior reporter for CreditCards.com.

Источник: https://www.creditcards.com/credit-card-news/cancel-membership-can-use-card-amazon-prime-costco/

Amazon launches new secured credit card for those with bad or no credit


Amazon this week unveiled a new secured credit card with Synchrony Bank, aimed at customers with bad or no credit history.

The card – called the Amazon Prime Store Card Credit Builder – requires a refundable security deposit, has no annual fee and offers Prime members 5% back on Amazon.com purchases. Consumer must make a deposit from $100 to $1,000, which determines their credit limit.

The card also features installment and special financing options on certain purchases.

It's also the first of its kind, said Ted Rossman, an industry analyst at CreditCards.com.

“Secured cards have long been a good way for people to build or rebuild credit, and a lot of banks offer them," he said. "But I've never seen a retailer offering one."

Is Amazon's card a good choice?

Managing a secured card is traditionally a good low-risk way to build positive credit history for those with blemished or no credit, said Matt Schulz, chief industry analyst at CompareCards.

In the U.S., 53 million people have no credit history and another 79 million have subprime credit, according to data analytics company FICO.

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“Secured cards are basically meant to be training wheels cards that people use when they're just getting started in order to help them build credit,” Schulz said.

Amazon’s new credit card also has some benefits that many secured cards don’t provide, such as a $10 Amazon gift card as a signup bonus, he said. But the credit card can only be used for Amazon purchases, Schulz added.

How does it help my credit?

Synchrony, the issuing bank behind the card, will report your payment history to the three national credit bureaus: TransUnion, Equifax and Experian. As a cardholder, you also have access to free credit score monitoring and credit advice.

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“The program puts credit in the hands of people in a responsible way while giving customers access to tangible benefits such as tools to improve credit,” Angie Hu, a spokesperson for Synchrony told USA TODAY.

You could be upgraded to an unsecured card if you meet certain criteria and make payments on time for seven straight months, according to Amazon.

“If you are somebody who keeps your balances low, pays your bills on time every time, then it is possible that you could graduate to a new card pretty quickly,” Schulz said.

Drawbacks of the Amazon card

While Amazon's new card overall is a good option for consumers, the card still comes with a relatively high APR of 28.24%, Rossman said. The average median APR for retail cards is 25.64%, according to a CreditCards.com survey.

“Store cards typically charge higher rates in large part because they're easier to get,” Rossman said.

Both analysts said consumers need to be especially wary of the special financing with deferred interest on purchases that Amazon promotes. If you don't pay off the purchase before the promotional, no-interest period ends, you will owe back interest since the original purchase.

“If you buy something and you don't pay it off within that six months or 12 or 24 months, then you will likely get a bill for any interest that would have accrued on that account since the purchase date,” Schulz said.

Follow USA TODAY reporter Frances Yue on Twitter @FrancesYue_

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Источник: https://www.usatoday.com/story/money/2019/06/13/amazon-launches-new-card-for-bad-credit-customers/1430196001/

Do you have any retail store credit cards? Have you ever used a promotional financing plan to buy furniture, or expensive electronics? If so, you might be a Synchrony Bank customer without even realizing it.

How Do I Contact Synchrony Bank?

You can get in touch with Synchrony at the phone number below, or by visiting the bank’s contact page.

Want to find your own Synchrony card account? See our full list of Synchrony credit cards.

About Synchrony Bank Credit Cards

Synchrony Bank, as part of Synchrony Financial, is one of the major issuers of store credit cards in the U.S., along with Comenity Bank.

When people talk about credit card issuers you usually hear names like American Express, Chase, Capital One, and Citi — but Synchrony is actually quite big. It’s the largest provider of private label credit cards in the country, according to a 2017 Nilson Report.

Synchrony is partnered with some of the leading companies in the U.S., including Amazon, Chevron, and Lowe’s, along with dozens of smaller retailers. It provides credit cards as well as other credit products, like special financing and installment loans, along with some other services.

Learn More

Is Synchrony a real bank?

You won't find any brick-and-mortar Synchrony Bank locations, but Synchrony is indeed a real bank.

Aside from issuing credit cards, Synchrony provides a plethora of financial products (including high-yield savings accounts, certificates of deposit (CDs), and more), plus special financing offers with select retailers.

Despite all the different card offers, you can use the basic Synchrony Bank login page at MySynchrony.com to access any Synchrony card account. Or you can download the MySynchrony app for your smartphone. You’ll be able to check your card details and pay bills with either method.

Synchrony cardholders can also access one of their FICO credit scores, based on their TransUnion credit reports. This is a good feature for anyone trying to establish or rebuild credit.

However, store cards also have some downsides (learn more in our 2020 retail store card survey). They typically come with low credit limits, like $500 or $1,000, and very high interest rates. You should always pay your statement balance in full and never carry a balance on a store card, because the interest you accrue will negate any rewards or benefits you got from the card (this is good advice for every card unless you have a promotional 0% interest rate). Store cards also tend to come with below-average customer support, as discussed in the section below.

Insider tip

The shopping cart trick is rumored to be a way to get approved for certain credit cards without hard inquiries on your credit reports, although it may not actually work. People usually try it with store cards issued by Comenity Bank, but some report that it works with certain Synchrony Bank credit cards as well, like the QVC card. We can’t confirm this, however.

Where Can I Use My Synchrony Credit Card?

The majority of Synchrony Bank credit cards are closed-loop, also known as private label, meaning they can only be used at their co-branded stores. The Amazon.com Store Card (Review), which can only be used at Amazon, is a good example of that. There are also some Synchrony cards that can be used at a selection of different stores within certain categories.

Some cards are open-loop, meaning they’re affiliated with a credit card network like Visa or Mastercard, and can be used anywhere those card types are accepted. Look for the Visa or Mastercard logo in the bottom-right of the card — if you see it, you’ll know that card is open-loop. Synchrony refers to open-loop cards as “Dual Card credit cards.”

Private label credit cards have rewards and benefits that are solely focused on the co-branded store, which makes sense because that’s the only place they can be used. Open-loop cards usually have additional bonus categories, allowing you to earn rewards for other purchases outside of that store.

Store credit cards are known for being relatively easy to get compared to other types of cards, making them popular among people with bad credit or limited credit. They usually don’t have annual fees and they’re often advertised in store checkout lanes, trying to tempt you into applying with the promise of a quick (but relatively small) discount. If you can’t get approved for a general-use rewards card, which would earn rewards for any purchase, anywhere, you might want to start with a store card to help build up your credit.

How Do I Pay My Synchrony Credit Card?

Trying to pay the bill for your Synchrony credit card?

Start by visiting Synchrony’s credit card support site. Search for the store your card is co-branded with, or for your credit card type. You’ll be given a link to access your account online, along with a phone number to call if you need it.

How Is Synchrony’s Customer Service and Payment Processing?

If you’re trying to get in touch with Synchrony you may find a mess of contact details and phone numbers. Start with the main Contact Page for credit cards.

From there you’ll find the general Synchrony Bank phone number for credit card services: 1-866-419-4096.

However, if you’re trying to get support for a specific credit card you might end up struggling through a phone menu. Instead of calling that number, you can find your card’s store from the menus on the left of that contact page. After selecting the store you’ll see a specific customer support number to call for your card.

Unfortunately, we’ve received many complaints from users of Synchrony Bank credit cards. Most of the complaints are about poor customer service, concerning agents who seem to either give wrong information or don’t deliver on what they promise, like waiving a fee. Other complaints are about administrative errors, trouble logging in and redeeming rewards, or difficulty making payments. This last issue — trouble making payments — is a serious one because not only can it lead to late fees, it can also have long-lasting negative effects on your credit scores.

If you use a Synchrony credit card, we strongly recommend setting up autopay for the full statement balance. Set the payment to be made as soon as possible after receiving your monthly billing statement — don’t wait until the last minute. You should also consider setting a reminder to check to make sure the payment is actually received after that. Although many people won’t experience any problems at all, and this might seem like overkill to some, you may want to take these steps to help safeguard your finances and your credit.

These warnings also apply to the other major issuer of store credit cards, Comenity Bank. While every card issuer gets its share of bad reviews, Synchrony and Comenity seem to be leading the pack when it comes to unsatisfied customers.

Synchrony Bank Retail Store Credit Cards

Here’s a full list of Synchrony credit cards, starting with retail stores in this section and covering other types of companies in the later sections. Take note that some of these cards have been discontinued for new applicants, although current cardholders can still log in using the links below.

In some cases the cards may be discontinued for current members as well, meaning your card would have been closed. If that happened you should have received a notice, and you can follow your card’s link to learn more. In still other cases, the account may have been taken over by a different card issuer; if this happened you should have received a notice. Contact Synchrony’s customer support according to the instructions above if you have any questions about your account.

Synchrony Bank Travel Credit Cards

Synchrony Multi-Store Category Cards

Some of Synchrony’s partner merchants are grouped under a few specific card account types. There are several card types, which cover a variety of stores and services:

Read moreReview: Synchrony HOME Credit Card – Best for Home Goods & Furniture?

Rather than being limited to individual stores, the four Synchrony cards above can be used at many different retailers within their categories. So, for example, the Car Care Credit Card can be used at many different auto shops; the HOME Credit Card can be used at many different home furnishings stores; etc.

If you apply for what seem like two different credit cards at certain auto shops, you may actually be applying for the same Car Care Credit Card. If that’s the case, the only difference will be the name on the card, which will be the name of the specific store at which you applied. The same holds true for the HOME and Sport credit cards.

You may have seen the CareCredit® credit card advertised at your doctor’s office. This card can be used with many different healthcare providers (for humans and for pets) and offers deferred financing plans to help you pay for medical services over time. Be aware that if you fail to pay back the entire balance by the due date or miss a monthly payment you’ll be charged interest for the entire length of the term, going back to the purchase date. This is true for all deferred financing plans, which are offered by many Synchrony credit cards.

Synchrony Bank Gas & Auto Credit Cards

Synchrony Bank Medical Credit Cards

Synchrony Bank Miscellaneous Credit Cards

Insider tip

Looking for a new card for shopping, travel, or paying off debt? See our picks for the Best Credit Cards in a variety of categories.

At a glance

Synchrony Bank is a major issuer of retail and co-branded credit cards, including big names like Amazon, PayPal, and Lowe’s. It also issues specific credit cards to be used across a variety of healthcare services, auto shops, and home furnishing stores.

Credit Card Insider receives compensation from advertisers whose products may be mentioned on this page. Advertiser relationships do not affect card evaluations. Advertising partners do not edit or endorse our editorial content. Content is accurate to the best of our knowledge when it's published. Learn more in our Editorial Guidelines.

Источник: https://www.creditcardinsider.com/credit-cards/synchrony-bank/

Are Amazon Credit Cards Worth It?

Find the Best Credit Cards for Online Shopping

Learn More

Amazon has a gargantuan hold on many Americans’ shopping habits, and it’s been estimated that nearly 5% of all U.S. retail goods sold are through the online behemoth.

If you regularly shop via Amazon.com, at Whole Foods or purchase AWS cloud services, you may have been wondering if using an Amazon-branded credit card was a smart move, since you can earn elevated rewards on your Amazon-centric spending as well as several other areas of spending.

There are four Amazon credit cards to consider: two consumer cards and two small business cards. Each card comes with its own set of benefits and potential drawbacks. Is one of them right for you? Let’s take a closer look at each card to help you decide.

Amazon Prime Rewards Visa Signature Card*

The Amazon Prime Rewards Visa Signature Card* is one of two Amazon consumer cards, available only to those with an Amazon Prime membership.

Card Details

  • Annual fee of $0 with Prime membership. A Prime membership fee starts at $119 annually or $59 annually for a Prime Student membership.
  • No foreign transaction fees.
  • Rewards: 5% cash back in rewards at Amazon.com and Whole Foods Market with an eligible Prime membership, 2% cash back at restaurants, gas stations and drugstores and 1% on all other purchases
  • Payment options: This card does not offer traditional 0% introductory APR periods, however, cardholders may be eligible to choose a 0% APR period where they make equal monthly payments ranging from 6 to 18 months on qualifying purchases of $50 or more.
  • Other benefits: As a Visa Signature card, you’ll get perks including roadside dispatch, auto rental collision damage waiver, purchase protection, extended warranty protection.

Pros and Cons

There’s no other card that will earn you higher everyday rewards on your Amazon spending, so if you’re already an Amazon Prime member and spend a fair amount of money on the site, this card deserves a place in your wallet. But if you rarely shop using Amazon, it may not make sense to pay the annual fee for Prime membership.

To break even with the annual Prime membership cost of $119, you’d have to spend $2,380 annually (just under $200 monthly) on a combination of Amazon spending and/or at Whole Foods Market. Of course this doesn’t take into account some of the other benefits of Prime membership, like free next day and two-day delivery, Prime Video, Amazon Music, Amazon Photos and more. Those additional perks may hold value for you.

Alternate Pick: Amex EveryDay® Preferred Credit Card*

If you’re primarily looking for rewards on everyday spending, consider the Amex EveryDay® Preferred Credit Card*. For an annual fee of $95 the card offers the following rewards: 3 points per dollar at US supermarkets, on up to $6,000 per year in purchases (then 1 point per dollar), 2 points per dollar on US gas stations and 1 point per dollar on other eligible purchases The welcome bonus will help you score some extra cash back on Amazon.com, too: 15,000 Membership Rewards points after making $1,000 in purchases in the first 3 months of account opening

Amazon Rewards Visa Signature Card*

The Amazon Rewards Visa Signature Card*is the alternative option for those who want elevated rewards on their Amazon spending without paying for a Prime membership.

Card Details

  • No annual fee (and no Prime membership required to apply).
  • No foreign transaction fees.
  • Rewards: 3% cash back in rewards at Amazon.com and Whole Foods Market, 2% cash back at restaurants, gas stations, and drugstores and 1% cash back on all other purchases
  • Payment options: This card does not offer a traditional introductory APR. Instead, cardholders can opt to forego earning rewards on eligible Amazon purchases for a 0% APR period when they make equal monthly payments ranging from six to 18 months on qualifying purchases of $50 or more.
  • Other benefits: As a Visa Signature card, you’ll get perks including roadside dispatch, auto rental collision damage waiver, purchase protection, extended warranty protection.

Pros and Cons

There’s no Amazon Prime membership required but the earnings rate on Amazon stuff is lower with this card. Otherwise this card has all the same bells and whistles as its Prime sibling. The question to ask yourself if debating whether or not to get this card is how much you’ll actually spend on Amazon purchases and/or Whole Foods spending vs the areas that only earn 1% on this card. If you think you’ll spend more overall in the 1% categories, a better choice would be a card that earns a flat 2% cash back on every purchase.

Alternate Pick: Citi® Double Cash Card

There are a number of credit cards on the market that will earn 2% rewards on everything you buy without the need to track categories. One pick to consider is the no-annual-fee Citi® Double Cash Card which earns 1% when you make a purchase and another 1% when you pay your bill. Rewards earned on the card can be used as a statement credit, direct deposit, check or converted to transferable points when paired with a premium card.

Amazon Business Prime American Express Card*

The Amazon Business Prime American Express Card* is the small business credit card for Business Prime members.

Card Details

  • No annual fee, but an Amazon Business Prime Membership is required to apply for the card. A Business Prime membership starts at $69 annual for one user and goes all the way up to $10,999 a year for over 100 users.
  • No foreign transaction fees.
  • Rewards: 5% in rewards or 90 Days Terms on eligible U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market with an eligible Prime membership. The 5% reward rate applies to the first $120,000 in purchases each calendar year. Earn 2% at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers and 1% on other purchases
  • Payment options: Instead of earning 5% rewards, cardholders can choose 90-day terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market to repay a balance without incurring interest.
  • Other benefits: As an American Express card, the card comes with baggage insurance, car rental loss and damage insurance, extended warranty, purchase and return protections.

Pros and Cons

The card earns 5% cash back on Amazon purchases—which includes the Amazon Web Service (AWS) cloud platform, on up to the first $120,000 in spending per calendar year, then 1%.  If your business spends significantly at Amazon but under the $120,000 cap, this could snag you some solid savings. However, those with high expenses beyond the Amazon ecosystem or who want more flexibility in a business rewards card are likely to find that a business card with a different structure will yield greater rewards.

Where this card shines is in the potential to carry a balance for 90 days in lieu of earning rewards on your purchase. For those who need the extra time, this option can be far more valuable than earning single digit rewards when the APR is a variable 14.24% - 22.24% Variable APR on purchases.

Alternate Pick: The Blue Business® Plus Credit Card from American Express

If your annual spending is far below $120,000 but you still want strong rewards on your business expenses, look at a card like the The Blue Business® Plus Credit Card from American Express (Terms apply). This card offers the following rewards: 2 Membership Rewards points per dollar on everyday business purchases such as office supplies or client dinners. 2 points per dollar applies to the first $50,000 in purchases per year. All other eligible purchases earn 1 point per dollar That’s simpler to keep track of and there’s no annual fee or associated membership requirement to apply. (See rates & fees).

Amazon Business American Express Card*

The Amazon Business American Express Card* is the small business credit card that offers elevated rewards on Amazon spending, but without the Prime membership requirement.

Card Details

  • No annual fee.
  • No foreign transaction fees.
  • Rewards: 3% in rewards or 60 Day Terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market. The 3% rate applies to the first $120,000 in purchases each calendar year. Earn 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers and 1% on other eligible purchases
  • Payment options: Instead of earning 3% rewards, cardholders can choose 60-day terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market to repay a balance without incurring interest.
  • Other benefits: As an American Express card, the card comes with baggage insurance, car rental loss and damage insurance, extended warranty, purchase and return protections.

Pros and Cons

Earning 3% back on your Amazon spending is OK but the real value in this card lies in the 60-day financing option. Unlike a card with a promotional 0% APR offer, you can choose 60-day terms every time you make an Amazon purchase. That extra time may be more meaningful to you than the 3% rewards rate. But if you don’t spend much on Amazon, another card can offer greater rewards in the areas where you spend the most.

Alternate Pick: Ink Business Preferred® Credit Card

The Ink Business Preferred® Credit Card may be a solid alternative to the Amazon Business American Express Card*,  offering a strong rewards rate on areas many businesses are likely to find appealing. 3 points per dollar on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per dollar on all other purchases. It also comes with an annual fee of $95 but that may be balanced out by the flexibility of your earnings.

Rewards earned are Chase Ultimate Rewards points which can be redeemed for cash back at 1 cent per point or redeemed for 25% more value when used to book travel through the Chase Travel Center. You can also use your rewards to redeem for Amazon purchases, but that yields a lesser value of around 0.8 cents per point.

Find the Best Credit Cards for Online Shopping

Learn More

Bottom Line

If you’re a heavy duty Amazon and/or Whole Foods spender, an Amazon rewards credit card could be a smart move to save money. You’ll generally find the most value comes from the Prime version of the consumer card as Prime membership comes with a slew of perks that if utilized can far outweigh the cost of membership. Of course if you rarely shop with Amazon, it doesn’t make sense to get either consumer version of the card as you can find cards offering 2% on everything you buy, not just a handful of categories.

Whether not to get a business Amazon card will depend on your goals. If most of your spending needs can be met via Amazon, either of the business Amazon cards could be a fit depending on how much you spend, if you can benefit from a Prime membership and/or if you can frequently benefit from the extended financing offers on purchases.

To view rates and fees for The Blue Business® Plus Credit Card from American Express please visit this page.

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Источник: https://www.forbes.com/advisor/credit-cards/are-amazon-credit-cards-worth-it/

Amazon.ca Rewards Mastercard

Amazon.ca Rewards Mastercard

Welcome Offer:
Get 5% back at Amazon.ca, Whole Foods Market stores in Canada, grocery stores and restaurants! Valid for the first 6 months, on your first $3,000 in eligible purchases††.

  • Annual Fee:$0
  • Interest: Purchases19.99%
  • Interest: Cash Advances22.99%
  • Interest: Balance Transfers & Access Cheques22.99%

Eligibility Requirements:

Open to Canadian residents who are of the age of majority in their province/territory of residence.

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  • Welcome offer: Get 5% back at Amazon.ca, Whole Foods Market stores, grocery stores, and restaurants for 6 months after approval, on first $3,000 in eligible purchases.††
  • Earn rewards on all your eligible purchases at Amazon.ca—including Whole Foods Market stores in Canada!
  • After the welcome offer ends, eligible Prime members get 2.5% back on eligible purchases at Amazon.ca and Whole Foods Market stores.
  • Eligible Prime members always get 2.5% back on eligible foreign currency transactions to help cover foreign transaction fees.
  • Not a Prime member? After the welcome offer ends, get 1.5% back on eligible purchases at Amazon.ca and Whole Foods Market stores. Always get 1% back on eligible foreign currency transactions to help cover foreign transaction fees.
  • Always get 1% back on eligible purchases everywhere else Mastercard is accepted.
  • Use your rewards at Amazon.ca—apply rewards directly to eligible Amazon.ca items.
  • No annual credit card fee.
  • The MBNA Payment Plan can make it more convenient to pay for large purchases and manage your budget. Pay for eligible credit card purchases of $100 or over by making monthly payments. Choose from three Payment Plan terms: 6, 12 or 18 months. Conditions and fees apply.

More Card Benefits & Features

  • Purchase Assurance
    Covers most items purchased with your MBNA credit card for the first 90 days from the date of purchase. Lifetime total accumulative limit of $60,000 per account.A
  • Extended Warranty Benefit
    Doubles the written warranties for up to one additional year on most new purchases made with your MBNA credit card.A
  • Save with Avis Rent A Car and Budget Rent A Car
    Use your MBNA credit card to save a minimum of 10% off the base rates1, 2 in Canada and the U.S., and a minimum of 5% off the base rates1, 2 internationally, on qualifying car rentals at participating Avis and Budget locations.
    Avis: You can reserve your Avis car rental by visiting www.avis.ca/mbna. Quote Avis Worldwide Discount (AWD) #C078405 at the time of reservation and charge the full rental to your MBNA credit card.
    Budget: You can reserve your Budget car rental by visiting www.budget.ca/mbna. Quote Budget Customer Discount (BCD) #A331704 at the time of reservation and charge the full rental to your MBNA credit card.
  • Emergency Services
    Certain services are available in case of emergency. Services include Emergency Card Replacement on a 7-10 day delivery or by courier.
  • Trip Assistance and Legal Assistance
    Include support for Lost Document and Ticket Replacement, Lost Luggage Assistance, Pre-trip Information and Legal Assistance.F
  • More Coverage and Support
    Our standard 1-hour Credit Line Increase Decisions during regular business hours and Cash Advances at banks and ATMs internationally.
  • Mastercard® contactless
    Simply tap your Mastercard® at participating merchants to process payments safely and wirelessly— letting you keep your credit card in your hands at all times. Use your Mastercard® at millions of international locations where Mastercard® contactless is accepted.
  • Mastercard® Zero Liability
    As a Mastercard® credit card cardholder, you will not be responsible for unauthorized purchases made in store, over the telephone or online.~ Some conditions apply.
  • Chip & PIN
    All of our cards are Chip & PIN enabled, which is one of the most secure ways to pay by credit card. Instead of a signature, you will be asked to enter a 4-digit Personal Identification Number (PIN) known only by you. Learn more about Chip & PIN.

Ways to Apply

Apply Online

Apply Online

You’ve found the right fit. Once logged in at Amazon.ca, you can apply for this credit card using a simple and secure online form.

Apply on Amazon.ca now

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Источник: https://www.mbna.ca/en/credit-cards/retail-store/amazon-rewards-mastercard/

Louis DeNicola is a personal finance writer and has written for American Express and Discover. Editorial Note: Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our editors’ opinions. Our marketing partners don’t review, approve or endorse our editorial content. It’s accurate to the best of our knowledge when posted.

Advertiser Disclosure

We think it's important for you to understand how we make money. It's pretty simple, actually. The offers for financial products you see on our platform come from companies who pay us. The money we make helps us give you access to free credit scores and reports and helps us create our other great tools and educational materials.

Compensation may factor into how and where products appear on our platform (and in what order). Pay my amazon credit card account since we generally make money when you find an offer you like and get, we try to show you offers we think are a good match for you. That's why we provide features like your Approval Odds and savings estimates.

Of course, the offers on our platform don't represent all financial products out there, but our goal is to show you as many great options as we can.

ProsCons
No annual fee or foreign transaction feesOnly available if you have an Amazon Prime membership, which costs $119 a year
5% back on Amazon.com and Whole Foods purchasesPotentially high APR
Rewards redeemable on Amazon.com, or for cash, gift cards or travel 
$70 Amazon.com gift card when you’re approved for the card 
Get rewarded for your purchases Compare Cash Back Cards

What you should know about the Amazon Prime Rewards Visa Signature Card

No annual fee … sort of

Technically, the Amazon Prime Rewards Visa Signature Card doesn’t have an annual fee, which is a good thing for cardholders who want to save money. But there’s a catch: You must be an Amazon Prime member to apply for the card, and that costs $119 per year (or $12.99 per month) for a nonstudent membership.

Of course, that $119 goes toward more than just maintaining your card each year. Amazon Prime benefits include free shipping, Prime Video and additional savings at Whole Foods Market, along with a long list of other perks.

If you’re already an Amazon Prime member, then the cost isn’t a concern. But if you’re considering signing up just so that you can apply for the card, think about the cost carefully — you’d have to spend more than $2,380 at Amazon.com or Whole Foods each year to offset the $119 annual Prime membership fee. A different cash back card with a lower annual fee (or a cash back card with no annual fee at all) might make more sense (and cents!).

Cardholders who cancel their Amazon Prime membership can keep the Amazon Prime Rewards Visa Signature Card, but they earn 3% back, instead of 5%, on Amazon.com and Whole Foods purchases.

You can earn a lot of rewards

The number of points you can earn with the Amazon Prime Rewards Visa Signature Card depends on where you shop.

  • 5% back on purchases at Amazon.com and Whole Foods
  • 2% back on purchases at gas stations, restaurants and drugstores
  • 1% back on all other purchases

You can then redeem those rewards toward an eligible purchase on Amazon.com. But it’s worth noting that you have other options for redemption, like cash pay my amazon credit card account, gift cards and travel. In these cases, $1 of rewards is equal to 100 rewards points, and vice-versa.

In other words, you can get the same value out of this card with cash back as you could with eligible Amazon.com purchases. That makes this card more versatile than many store-branded credit cards, which usually require that you use your rewards only at the store and its affiliates.

Similarly, while other cards offer 5% cash back on purchases, they may switch which stores or categories you’ll earn with throughout the year and how to order in amazon how much you can earn.

The Amazon Prime Rewards Visa Signature Card offers unlimited earning potential. Plus Amazon sells a wide variety of products — there’s a reason it’s sometimes called “The Everything Store.” And though it’s not called out specifically on Amazon, you may even be able to get 5% back when purchasing gift cards for businesses other than Amazon or Whole Foods through Amazon.com.

You can use this card anywhere Visa is accepted

Some store-branded or retail credit cards are only accepted at the associated store, and possibly with other affiliated brands.

But you can use the Amazon Prime Rewards Visa Signature Card for purchases anywhere that Visa is accepted.

A potentially high APR could cost you

The Amazon Prime Rewards Visa Signature Card has a variable APR of 14.24% to 22.24% on purchases and balance transfers.

A high APR isn’t a concern if you pay your bill on time and in full each month. But if you carry a balance, then you might wind up paying a lot in interest. We don’t recommend using credit cards for purchases you can’t afford to pay off by your due date, but the APR is still a consideration if you have to cover emergency expenses that don’t easily fit into your budget.

There are a few more details that might help you decide if the Amazon Prime Rewards Visa Signature Card is a good fit for you.

There are other Amazon credit cards out there

The Amazon Prime Rewards Visa Signature Card isn’t the only Amazon card — there are several choices you can consider.

  • Amazon.com Store Card
  • Amazon Prime Store Card
  • Amazon Rewards Visa Signature Card
  • Amazon Prime Rewards Visa Signature Card

You can only use the two store cards on Amazon.com.

The other Amazon Visa card is similar to the Amazon Prime Rewards Visa Signature Card in that you can use it elsewhere, but it doesn’t require an Amazon Prime membership. It also only gives you 3% back at Amazon.com and Whole Foods.

Also, know that you’ll be considered only for the card you apply for, so be sure to apply directly for the Amazon Prime Rewards Visa Signature Card if that’s the card you want.

Part of an Amazon Household with Prime? You might still qualify.

Even if you’re not the main Prime accountholder, you might qualify if you have Prime benefits that someone shares with you via an Amazon Household (which allows you to share Prime benefits between members of the same household, including up to two adults, four teens and four children). This could lower the card’s “annual fee” for you, depending on if (and how much) you contribute to that Prime membership fee.

Don’t unlink your card from your Amazon.com account

If you choose to remove the card from your Amazon account, you’ll no longer earn 5% back on Amazon or Pay my amazon credit card account Foods Market purchases. You can relink the card to get the higher rate back, though.

Get rewarded for your purchases Compare Cash Back Cards

Understanding your points and redemption options

We’ve touched on earning points with the Amazon Prime Rewards Visa Signature Card — now let’s take a look at how you can use your points. The good news is that there are lots of options here, as well.

On Amazon.com, you can redeem your points to pay for part or all of your eligible purchase.

To use your points at Amazon.com, select the Amazon Prime Rewards Visa Signature Card as your payment method when checking out. You can then choose the dollar amount you want to cover using your points. Using your points this way gets you a redemption value of $1 per 100 points.

You can also redeem your points for cash back, gift cards or travel. The redemption value may vary for other types of redemptions, but 100 points also equals $1 for Amazon.com, travel, gift cards and cash back.

Who is this card good for?

If you do most of your household shopping on Amazon.com and grocery shopping at Whole Foods, the Amazon Prime Rewards Visa Signature Card could be a match.

Even if you only occasionally shop at these stores but tend to make large purchases when you do (like doing all your holiday shopping on Amazon.com), it could still make sense to get the card, because it technically doesn’t have an annual fee. Plus, the 2% back at gas stations, restaurants and drugstores might cover a lot of your other everyday purchases.

But the rewards probably won’t be worth it if you don’t think you’d get much use out of an Amazon Prime membership or you’d wind up carrying a balance from month to month. Make sure you can afford to pay off your card on time and in full each month, and don’t get tempted to make more (or costlier) purchases just because you’ll earn bonus points.

While there isn’t a foreign transaction fee, you also won’t earn a higher rewards rate on travel-related purchases with the Amazon Prime Rewards Visa Signature Card. It might make sense to keep a travel rewards credit card in your wallet for when you’re booking travel or you’re away from home.

The Amazon Prime Rewards Visa Signature Card isn’t a perfect fit for everyone. If you’re looking for a new card but haven’t fallen in love yet, take a look at these other options.

Get rewarded for your purchases Compare Cash Back Cards

About the author: Louis DeNicola is a personal finance writer and has written for American Express, Discover and Nova Credit. In addition to being a contributing writer at Credit Karma, you can find his work on Business Insider, Cheapi… Read more.

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Источник: https://www.creditkarma.com/credit-cards/i/amazon-prime-card-review

Can you cancel your Amazon Prime, Costco memberships and keep using their cards?

Citi is a CreditCards.com advertising partner.

If I cancel my membership to Amazon Prime or Costco, can I continue to use their credit cards?

The Amazon Prime Rewards Visa card can still be used by those Prime members who may decide to cancel the service.

That is not the case for Costco Anywhere Visa Card by Citi cardholders who cancel their Costco membership and may want to continue to use their card.

Read on to learn about each retailer’s fine print in further detail:

  1. Amazon Prime
  2. Costco
northern state bank thief river falls mn alt="Expert Q&A">

Check out all the answers from our credit card experts.

If you’re thinking of dropping your Amazon Prime membership now that its price has increased, what happens to your Amazon Prime Rewards Visa Card?

Amazon announced it is boosting the annual Prime membership fee by $20, to $119. The hike took effect for new members on May 11, 2018. Renewals of existing memberships will see the higher price starting June 16, 2018.

The popular Amazon Prime Rewards Visa Signature card, issued by Chase Bank, states that it is exclusively for Prime members when you sign up.

Effects of canceling Prime for Amazon Prime Rewards cardholders

The Amazon Pay my amazon credit card account Rewards Visa card can still be nearest pnc bank from my location by former Prime members pay my amazon credit card account keep the card after leaving Prime contra costa junior college with some changes, according to Amazon and Chase.

  • Chase customer service confirmed that you can continue using the Prime Rewards card, on Amazon and elsewhere, after leaving Prime.
  • If you have a balance, you can continue paying that down month-to-month. And the available credit will still show on your credit report, bolstering your credit score.
  • The rewards deal for Prime members will no longer be as generous, but it doesn’t go away entirely, according to Amazon.
  • Prime members effectively get 5 percent back on eligible Amazon and Whole Foods purchases when they use the card. Rewards amount to 2 percent back at restaurants, gas stations and drugstores, and 1 percent on other purchases.
  • For non-Prime members using the card, the reward rate drops to 3 percent at Amazon and Whole Foods. The other categories keep their existing rewards rates.
  • These are the same rewards offered by the Amazon Rewards Visa card, also offered by Chase. The card has no fee and doesn’t require a Prime membership.

Canceling Prime while using an Amazon Prime Rewards card

Leaving Prime is not as simple as letting your membership expire and ignoring appeals to renew. Most users of the Prime Rewards card make it their preferred payment method on Amazon. When your current membership expires, Amazon will bill the annual membership fee to your account automatically.

A Chase customer service worker said Amazon has been flexible about interest rate on capital one money market the charge for people who intended to quit Prime and got blindsided by the automated renewal.

But to avoid the hassle of a chargeback, log in to your Amazon account, check your Prime expiration date, and quit before the auto-renewal rolls around.

If, that is, membership no longer makes sense for your budget. Before pulling the plug, it’s a good idea to review the benefits you get – or could get if you knew about them – from Prime.

Our reviewer at CreditCards.com crunched the numbers and concluded that Prime benefits still outweigh the costs.

The Amazon Rewards Visa cards offered by Chase are distinct from an Amazon-only store card issued by Synchrony Bank, which has different terms and conditions.

For Synchrony’s Amazon Prime Store Card, the current 5 percent rewards rate for Prime members drops to 0 percent if you quit Prime membership. The card can still be used for Amazon purchases, however, and still provides access to special financing offers.

Tip: Amazon Prime memberships are renewed automatically every year. If you are considering canceling your Amazon Prime membership, log in to your Amazon account, check your Prime expiration date and quit before the auto-renewal rolls around.

Canceling Costco membership as a Costco Anywhere Visa cardholder

A question raised by a Costco member brought up the issue of cards linked to retail memberships and the Costco Anywhere Visa Card by Citi.

“I am now a Costco member, but I am going to let my membership expire,” Brian wrote. “If I continue using my Costco Anywhere Visa card, will I be charged a fee?”

There’s no fee, but no card either.

  • Citi’s terms and conditions for its Costco Anywhere Visa card contain this line: “We will close your account if you do not maintain a Costco membership.”
  • A Citi customer service representative confirmed that Costco cardholders won’t be able to switch to another Citi card should they decide to cancel their card.
  • While the card itself has $0 annual fee, Costco membership costs $60 a year, according to the retailer’s website.
  • Losing the card will have two consequences that could be painful – on top of not being able to charge purchases with it.
  • First, your credit report will show less available credit, which is a negative for your credit score.
  • Second, you will have to pay off the balance, if you’re carrying one. Under the Credit CARD Act, you should have a five-year period to pay off the balance and interest, or limits on the increase in your monthly minimum payment.

As with Amazon, leaving Costco is not as simple as letting the membership expire.

“Your Costco membership fee will automatically renew and be charged to your Costco Anywhere Visa Card annually on the first day of your renewal month,” Citi’s terms and conditions state.

Costco members need to actively cancel their membership to avoid the renewal.

See related:Which is the best card to use on Costco purchases?

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

Fred O. Williams is a former senior reporter for CreditCards.com.

Источник: https://www.creditcards.com/credit-card-news/cancel-membership-can-use-card-amazon-prime-costco/

Amazon to stop accepting Visa credit cards for payments from January

Amazon will stop accepting Visa credit cards for payments in the UK from January, it said.

The costs of processing payments on the cards made it too expensive to support them, Amazon said.

Amazon will continue to accept payments on Visa debit cards as well as credit cards from other firms, such as Mastercard and American Express.

The new rules will start from 19 January, Amazon said in an email to customers.

The online giant said technology advancements should be making payment processing fees reduce, but complained that they were actually increasing.

“The cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers,” the company said in a statement.

“These costs should be going down over time with technological advancements, but instead they continue to stay high or even rise.

“As a result of Visa’s continued high cost of payments, we regret that Amazon.co.uk will no longer accept UK-issued Visa credit cards as of January 19, 2022.

“With the rapidly changing payments landscape around the world, we will continue innovating on behalf of customers to add and promote faster, cheaper and more inclusive payment options to our stores across the globe.”

A Visa spokesperson said the company was disappointed and hoped to resolve the situation before the deadline went into effect.

“UK shoppers can use their Visa debit and credit cards at Amazon UK today and throughout the holiday season,” the company said.

“We are very disappointed that Amazon is threatening to restrict consumer choice in the future. When consumer choice is limited, nobody wins.

“We have a long-standing relationship with Amazon, and we continue to work toward a resolution so our cardholders can use their preferred Visa credit cards at Amazon UK without Amazon-imposed restrictions come January 2022.”

Источник: https://www.independent.co.uk/life-style/gadgets-and-tech/amazon-visa-credit-card-payments-debit-b1959206.html

Are Amazon Credit Cards Worth It?

Find the Best Credit Cards for Online Shopping

Learn More

Amazon has a gargantuan hold pay my amazon credit card account many Americans’ shopping habits, and it’s been estimated that nearly 5% of all U.S. retail goods sold are through the online behemoth.

If you regularly shop via Amazon.com, at Whole Foods or purchase AWS cloud services, you may have been wondering if using an Amazon-branded credit card was a smart move, since you can earn elevated rewards on your Amazon-centric spending as well as several other areas of spending.

There pay my amazon credit card account four Amazon credit cards to consider: two consumer cards and two small business cards. Each card comes with its own set of benefits and potential drawbacks. Is one of them right for you? Let’s take a closer look at each card to help you decide.

Amazon Prime Rewards Visa Signature Card*

The Amazon Prime Rewards Visa Signature Card* is one of two Amazon consumer cards, available only to those with an Amazon Prime membership.

Card Details

  • Annual fee of $0 with Prime membership. A Prime membership fee starts at $119 annually or $59 annually for a Prime Student membership.
  • No foreign transaction fees.
  • Rewards: 5% cash back in rewards at Amazon.com and Whole Foods Market with an eligible Prime membership, 2% cash back at restaurants, gas stations and drugstores and 1% on all other purchases
  • Payment options: This card does not offer traditional 0% introductory APR periods, however, cardholders may be eligible to choose a 0% APR period where they make equal monthly payments ranging from 6 to 18 months on qualifying purchases of $50 or more.
  • Other benefits: As a Visa Signature card, you’ll get perks including roadside dispatch, auto rental collision damage waiver, purchase protection, extended warranty protection.

Pros and Cons

There’s no other card that will earn you higher everyday rewards on your Amazon spending, so if you’re already an Amazon Prime member and spend a fair amount of money on the site, this card deserves a place in your wallet. But if you rarely shop using Amazon, it may not make sense to pay the annual fee for Prime membership.

To break even with the annual Prime membership cost of $119, you’d have to spend $2,380 annually (just under $200 monthly) on a combination of Amazon spending and/or at Whole Foods Market. Of course this doesn’t take into account some of the other benefits of Prime membership, like free next day and two-day delivery, Prime Video, Amazon Music, Amazon Photos and more. Those additional perks may hold value for you.

Alternate Pick: Amex EveryDay® Preferred Credit Card*

If you’re primarily looking for rewards on everyday spending, consider the Amex EveryDay® Preferred Credit Card*. For an annual fee of $95 the card offers the following rewards: 3 points per dollar at US supermarkets, on up to $6,000 per year in purchases (then 1 point per dollar), 2 points per dollar on US gas stations and 1 point per dollar on other eligible purchases The welcome bonus will help you score some extra cash back on Amazon.com, too: 15,000 Membership Rewards points after making $1,000 in purchases in the first 3 months of account opening

Amazon Rewards Visa Signature Card*

The Amazon Rewards Visa Signature Card*is the alternative option for those who want elevated rewards on their Amazon spending without paying for a Prime membership.

Card Details

  • No annual fee (and no Prime membership required to apply).
  • No foreign transaction fees.
  • Rewards: 3% cash back in rewards at Amazon.com and Whole Foods Market, 2% cash back at restaurants, gas stations, and drugstores and 1% cash back on all other purchases
  • Payment options: This card does not offer a traditional introductory APR. Instead, cardholders can opt to forego earning rewards on eligible Amazon purchases for a 0% APR period when they make equal monthly payments ranging from six to 18 months on qualifying purchases of $50 or more.
  • Other benefits: As a Visa Signature card, you’ll get perks including roadside dispatch, auto rental collision damage waiver, tamilnadu esevai citizen login protection, extended warranty protection.

Pros and Cons

There’s no Amazon Prime membership required but the earnings rate on Amazon stuff is lower with this card. Otherwise this card has all the same bells and whistles as its Prime sibling. The question to ask yourself if debating whether or not to get this card is how much you’ll actually spend on Amazon purchases and/or Whole Foods spending vs the areas that only earn 1% on this card. If you think you’ll spend more overall in the 1% categories, a better choice would be a card that earns a flat 2% cash back on every purchase.

Alternate Pick: Citi® Double Cash Card

There are a number of credit cards on the market that will earn 2% rewards on everything you buy without the need to track categories. One pick to consider is the no-annual-fee Citi® Double Cash Card which earns 1% when you make a purchase and another 1% when you pay your bill. Rewards earned on the card can be used as a statement credit, direct deposit, check or converted to transferable points when paired with a premium card.

Amazon Business Prime American Express Card*

The Amazon Business Prime American Express Card* is the small business credit card for Business Prime members.

Card Details

  • No annual fee, but an Amazon Business Prime Membership is required to apply for the card. A Business Prime membership starts at $69 annual for one user and goes all the way up to $10,999 a year for over 100 users.
  • No foreign transaction fees.
  • Rewards: 5% in rewards or 90 Days Terms on eligible U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market with an eligible Prime membership. The 5% reward rate applies to the first $120,000 in purchases each calendar year. Earn 2% at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers and 1% on other purchases
  • Payment options: Instead of earning 5% rewards, cardholders can choose 90-day terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market to repay a balance without incurring interest.
  • Other benefits: As an American Express card, the card comes with baggage insurance, car rental loss and damage insurance, extended warranty, purchase and return protections.

Pros and Cons

The card earns 5% cash back on Amazon purchases—which includes the Amazon Web Service (AWS) cloud platform, on up to the first $120,000 in spending per calendar year, then 1%.  If your business spends significantly at Amazon but under the $120,000 cap, this could snag you some solid savings. However, those with high expenses beyond the Amazon ecosystem or who want more flexibility in a business rewards card are likely to find that a business card with a different structure will yield greater rewards.

Where this card shines is in the potential to carry a balance for 90 days in lieu of earning rewards on your purchase. For those who need the extra time, this option can be far more valuable than earning single digit google gmail customer service phone number 24 7 when the APR is a variable 14.24% - 22.24% Variable APR on purchases.

Alternate Pick: The Blue Business® Plus Credit Card from American Express

If your annual spending is far below $120,000 but you still want strong rewards on your business expenses, look at a card like the The Blue Business® Plus Credit Card from American Express (Terms apply). This card offers the following rewards: 2 Membership Rewards points per dollar on everyday business purchases such as office supplies or client dinners. 2 points per dollar applies to the first $50,000 in purchases per year. All other eligible purchases earn 1 point per dollar That’s simpler to keep track of and there’s no annual fee or associated membership requirement to apply. (See rates & fees).

Amazon Business American Express Card*

The Amazon Business American Express Card* is the small business credit card that offers elevated rewards on Amazon spending, but pay my amazon credit card account the Prime membership requirement.

Card Details

  • No annual fee.
  • No foreign transaction fees.
  • Rewards: 3% in rewards or 60 Day Terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market. The 3% rate applies to the first $120,000 in purchases each calendar year. Earn 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers and 1% on other eligible purchases
  • Payment options: Instead of earning 3% rewards, cardholders can choose 60-day terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market to repay a balance without incurring interest.
  • Other benefits: As an American Express card, the card comes with baggage insurance, car rental loss and damage insurance, extended warranty, purchase and return protections.

Pros and Cons

Earning 3% back on your Amazon spending is OK but the real value in this card lies in the 60-day financing option. Unlike a card with a promotional 0% APR offer, you can choose 60-day terms every time you make an Amazon purchase. That extra time may be more meaningful to you than the 3% rewards rate. But if you don’t spend much on Amazon, another card can offer greater rewards in the areas where you spend the most.

Alternate Pick: Ink Business Preferred® Credit Card

The Ink Business Preferred® Credit Card may be a solid alternative to the Amazon Business American Express Card*,  offering a strong rewards rate on areas many businesses are likely to find appealing. 3 points per dollar on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per dollar on all other purchases. It also comes with an annual fee of $95 but that may be balanced out by the flexibility of your earnings.

Rewards earned are Chase Ultimate Rewards points which can be redeemed for cash back at 1 cent per point or redeemed for 25% more value when used to book travel through the Chase Travel Center. You can also use your rewards to redeem for Amazon purchases, but that yields a lesser value of around 0.8 cents per point.

Find the Best Credit Cards for Online Shopping

Learn More

Bottom Line

If you’re a heavy duty Amazon and/or Whole Foods spender, an Amazon rewards credit card could be a smart move to save money. You’ll generally find the most value comes from the Prime version of the consumer card as Prime membership comes with a slew of perks that if utilized can far outweigh the cost of membership. Chase bank fraud email course if you rarely shop with Amazon, it doesn’t make sense to get either consumer version of the card as you can find cards offering 2% on everything you buy, not just a handful of categories.

Whether not to get a business Amazon card will depend on your goals. If most frost bank altamesa hours your spending needs can be met via Amazon, either of the business Amazon cards could be a fit depending on how much you spend, if you can benefit from a Prime membership and/or if you can frequently benefit from the extended financing offers on purchases.

To view rates and fees for The Blue Business® Plus Credit Card from American Express please visit this page.

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Источник: https://www.forbes.com/advisor/credit-cards/are-amazon-credit-cards-worth-it/

Amazon Credit Card Bill Quiz answers: can you pay your credit card bill on Amazon?

Amazon Credit Card Bill Quiz is back with the September edition, where it is offering to pay credit card bill of select winners. After updating the quiz over multiple occasions, we are now seeing the September edition of this quiz, which is now live on the Funzone section of the app. The contest page notes that the quiz is being held from August 30th to September 25th, 2021. However, it has gone live only recently for Amazon customers.

Also Read: Amazon The Credit Card Quiz answers: when do you need to pay annual charges for Amazon Pay ICICI Bank credit card?

This new quiz joins the likes of Amazon Samsung Galaxy M32 5G Quiz, Amazon LG Gram Laptop Quiz, Amazon Teachers Day Special Quiz, Amazon National Pay my amazon credit card account Day Quiz, and others. Click here to check all the quiz being held by Amazon and Flipkart. The winners of this quiz will be selected by a lucky draw conducted at the end of the contest period.

Amazon Credit Card Bill Quiz answers

  • Answer 1: Yes
  • Answer 2: Credit Information Bureau of India Limited
  • Answer 3: Lower
  • Answer 4: All of these
  • Answer 5: Yes

Amazon Credit Card Bill Quiz questions and answers

Question 1: Can you pay your credit card bill on Amazon?

Answer: Yes

Question 2: The CIBIL maintains the record of the credit score in India. What is the full form of CIBIL?

Answer: Credit Information Bureau of India Limited

Question 3: If you have a higher credit score, lenders would consider your profile at a _____ risk. Fill in the blanks?

Answer: Lower

Question 4: Which of these is a way to maintain good credit history?

Answer: All of these

Question 5: Can you pay your credit card bill using Amazon Pay UPI?

Answer: Yes

What is Amazon Funzone and how to find Credit Card Bill Quiz?

Amazon Funzone hosts all the contests being hosted by the e-commerce giant. All the contests found on the platform are app only contests, meaning you can participate through the smartphone app. Through these contests, you either stand a chance to win something or enter a random draw to become eligible for a win. To find the Credit Walmart kids laptop Bill Quiz, go to your Amazon app and click on the Pay button below first poster. Now, scroll down to find all Amazon Pay-related contests. You can also click on this link to directly go to the quiz page.

Amazon Credit Card Bill Quiz: answer and your next credit card bill is on Amazon

As mentioned earlier, the idea of pay my amazon credit card account quiz is to help Amazon customers save on their next credit card bill. How? If you win this quiz, Amazon India will pay your next credit card bill. Amazon notes that up to Rs 10,000 will be paid for your next credit card bill in the form of Amazon Pay balance. The contest commenced on August 30th, 2021 and will conclude on September 25th, 2021.

All the usual rules apply here as well starting from the fact that you must be an individual legal resident of the Republic of India to participate. At the time of participation, you should be age 18 or higher and have set India as the current country in your account settings. If you win, you must provide a valid proof of pay my amazon credit card account such as Voter ID, PAN card, Driving License or Indian Passport.

Amazon employees, their immediate family members and affiliates cannot participate in this contest. Amazon Credit Card Bill Quiz is subject to force majeure circumstances and Amazon reserves the right to change the terms and conditions or cancel the contest at any time. The prize will be credited to the winners on or before September 26th, 2021.

Amazon Credit Card Bill Quiz: how to play?

  • The first step is to download the Amazon mobile app from Google Play Store or App Store.
  • Sign into your Amazon account or create a new how old is sasha banks wwe to enter the contest.
  • Go to Amazon Pay, scroll down to find all the contests and then navigate to “Credit Card Bill Quiz”.
  • You will see the message “Your next credit card bill is on us”.
  • Now, click on Play Now button and then tap the Start button to enter.
  • Answer all the questions correctly to enter the pool for the lucky draw.
  • The last screen will confirm that you have entered the lucky draw.

Amazon Credit Card Bill Quiz: terms and conditions

  1. Only the participants who answer all the questions correctly will become eligible for a lucky draw.
  2. The draw of the lots will be carried out during the Contest Period and a total of 25 participants will be declared as winners.
  3. All winners will be required to have their mobile numbers verified with Amazon.in so as to claim the prize.
  4. You give consent to Amazon to use your name, likeness, image, voice, and/or appearance, photos, video recordings and the like made in relation to the contest or any promotions.
  5. All the information shared in connection with the contest will be treated as per Amazon’s privacy notice.

Amazon Credit Card Bill Quiz: winners list

Amazon Credit Card Bill Quiz is being held from August 30th to September 25th, 2021. The names of the selected winners will be announced on September 26th, 2021. Check the names of the winners on this website. A total of 25 participants will be selected and their credit card bill up to Rs 10,000 will be paid by Amazon. The prize money will be credited to the selected winners on or before September 26th, 2021.

Tags: AmazonAmazon Credit Card Bill QuizAmazon Daily QuizAmazon FunzoneAmazon India
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The Pricebaba staff byline for news, features, comparisons, listicles, how-tos and more.

Источник: https://pricebaba.com/blog/amazon-credit-card-bill-quiz-answers

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5 Replies to “Pay my amazon credit card account”

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