If you don’t travel, it will make it cheaper to buy stuff from foreign retailers-like, say, .uk. In addition to the increased reward rates for Amazon, card members-whether Prime members or not-will also now have access to a card with no foreign transactions fees.įoreign transaction fees are like a tax on purchases you make while abroad, adding additional costs onto an already expensive enterprise like foreign travel. Say goodbye (or bid adieu) to paying more for foreign transactions If you buy a lot of office supplies, you should perhaps consider the Chase Ink Business Cash® Credit Card, which gives you 5% back on office supplies stores-and some other stuff-up to $25,000 a year, and 2% back on restaurants and gas stations.)įor people carrying Chase Freedom Flex℠, the Amazon Visa can serve as a stand-in during those off months when restaurant or fuel purchases aren’t eligible for that sweet 5% bonus. (Until June, you can also get 2% back at office supplies store, but the benefit is being phased out. It’s the less talked about rewards that I value the most-namely, 2% back at restaurants, drug stores, and gas stations all year long. The real perks, however, are the non-Amazon rewardsįor me, the advantages of the Amazon Visa have never really been about shopping at Amazon itself. For those card members without a Prime account, the rewards rate remains at 3%. There’s the Amazon Visa Rewards Signature Card, which is the old card in a slightly new form, and the Amazon Prime Rewards Visa Signature Card, which is for card members with an Amazon Prime account.Īs announced last week, the Amazon Prime Rewards Visa Signature now gives members with an eligible Prime account 5% back on every purchase at Amazon. There are now technically two different Amazon Visa cards. The New Amazon Prime Visa gives users 5% back
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