Amazon Prime Rewards Visa Signature Card: Should You Get It?
The Amazon Prime Rewards Visa Signature Card is a fantastic card for die-hard Amazon shoppers. The 5% rewards rate on Amazon purchases and the $70 gift card you get once approved are both great rewards that are tough to beat by any other offer currently on the market. Keep in mind that it’s probably not worth it for you to sign up for Amazon Prime just to get the Amazon Prime Rewards Visa Signature Card. For non-prime members, the Amazon.com Rewards Visa Card remains a very strong option.
Note: Don't confuse this card with the Amazon Prime Store credit card issued by Synchrony bank. While that card also provides 5% back at Amazon.com, it cannot be used anywhere else since it is not a part of any credit card network—like Visa or Mastercard. Between the two, the Amazon Prime Rewards Visa Signature Card is much better because it provides you with more ways to save money, such as being used at gas stations or restaurants for 2% back.
- Those who want unlimited 5% back on Amazon.com purchases all-year-round
- Anyone who wants a solid rewards card for gas station, restaurant and drugstore purchases
- People who don’t already have Amazon Prime
Review: Our Thoughts on the Amazon Prime Rewards Visa Signature Card
The Amazon Prime Rewards Visa Signature Card is a very good card for any Amazon.com Prime member. The 5% rewards rate can’t be beat by any other card currently out there. While some credit cards, like the Chase Freedom®, also offer a 5% cash back rate on Amazon.com from time to time, they are usually capped at $1,500 in spending and only offered for a limited period of time. Anyone who shops frequently on Amazon.com throughout the year should get this card.
The Chase Freedom® offers 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you. Sometimes these categories may include Amazon.com, though it's not guaranteed.
This credit card also comes with solid rewards on other categories. The 2% rewards rate the Amazon Prime Rewards Visa Signature Card provides at gas stations, restaurants and drugstores makes it a solid everyday card that you will want to keep in your wallet. While there are other cash back credit cards that can serve these purposes better, it’s a nice benefit to have on top of the high Amazon cash back rate.
If you don’t already have Amazon Prime you shouldn’t sign up for this card solely to get the 5% discount. Non-prime members can still get the Amazon.com Rewards Visa Card, that provides the same benefits as the Amazon Prime Rewards Visa Signature Card and a 3% rewards rate at Amazon.com. You’d have to spend close to $5,000 every year at the online retailer for the 66% bump in rewards to be worth paying $99. You can see how we arrived at this figure below.
Bottom Line: If you have Amazon Prime, the Amazon Prime Rewards Visa Signature Card is a good card to have. The 5% rewards rate it gives for your online shopping is unparalleled.
LANPASS Visa Signature Card Review: 20,000 Bonus Miles
Earn 20,000 Bonus Miles after your first use of your LANPASS Visa Signature® Card. With every purchase you make, you earn miles towards unique experiences, privileges, and more. You will earn 1 mile for every $1 in net purchases and double Miles on LAN and TAM ticket purchases. There is an annual fee of $75 which is waived for the first year, and you will receive Visa Signature Benefits as well as exclusive benefits for LANPASS Visa cardmembers.
LANPASS Visa Signature Card Summary:
- Apply Now
- Maximum Bonus: 20,000 Bonus Miles
- Spending Requirement: Make at least one purchase
- Annual Fee: $75 (but waived the first year)
- Bonus Worth: 20,000 Bonus Miles is worth about $200
- Expiration Date: None
- Additional Advice: There is no cap on miles so earn as many as you wish!
LANPASS Visa Signature Card Features:
- Earn 1 mile for every $1 in net purchases
- Earn 2 miles on LAN and TAM ticket purchases
- 4,000 Bonus Miles with your annual credit card renewal
- 20% discount on first LAN or TAM purchase (up to $1,000) 1 time per year
- 25% flight miles bonus on LAN
- 3 one-way upgrade coupons per year on LAN
- Visa Signature Benefits
- 20,000 Bonus Miles, easy spend requirement
- Annual Anniversary Bonus
- LAN Benefits
- Annual Fee of $75 (fortunately waived for the first year)
With the LANPASS Visa Signature® Card, you can receive 20,000 Bonus Miles after your first use. You will receive many benefits mentioned above as well as Visa Signature Benefits which include automated 24-hour account access in both English and Spanish, $1,000,000 Travel Accident Insurance, Travel and Emergency Assistance Services, Roadside Dispatch, Auto Rental Collision Damage Waiver, Purchase Security, and many more! Overall, this is a decent card if you spent often on LAN and TAM tickets. If not, then find our complete list of Credit Card Promotions today!
Anthony Nguyen, founder of Bankcheckingsavings.com, has a passion for finding the best deals, bank promotions, credit card offers, cash back, points & miles, and everything in between. Contact Anthony for media/advertising.
Chase Premier Plus Checking SM Get $300 when you open a new Chase Premier Plus Checking SM account and set up direct deposit.
Chase Total Checking® + Chase Savings SM Get a $200 bonus when you open a new Chase Total Checking ® account and set up direct deposit. Also get a $150 bonus when you open a new Chase Savings SM account, deposit a total of $10,000 or more in new money within 10 days & maintain a $10,000 balance for 90 days.