What Credit Card to Use When Buying at Amazon?

What Credit Card to Use When Buying at Amazon?

Thanks to technology and the internet, you don’t really need to head to the stores to buy household supplies, electronics, gifts, or even groceries. Online retailers like Amazon have made home delivery options a breeze, and they can have anything delivered right to your doorstep, anywhere across the globe. And with the upcoming Black Friday deals, you'd want to make the most of your purchases by using the right credit card. The best credit card to shop at Amazon not only gives you rewards, points, or miles for each dollar you spent on shopping, but also consumer protection. With that in mind, here’s a look at all the top cards that can help you maximize your purchases on Amazon.

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Best for Amazon Prime Members: Amazon Prime Rewards Visa Signature Card

The Amazon Prime Rewards Visa Signature Card is the best card for anyone whose goal is to earn as much cash back as possible on every Amazon purchase. This card has no annual fees and offers a five percent cash back on all Amazon and Whole Foods purchases. Card members also get two percent cash back at restaurants, gas stations, and drug stores and one percent cash back on all other purchases. As a new customer, you get a $100 gift card upon approval to kick start your shopping in style. Other perks that you can expect include purchase protection (of up to $500 in value if items are damaged or stolen within 120 days of purchase) and extended warranty protection. Probably the best thing about this card is 25 percent off bestsellers on special events like Amazon Prime Day and Black Friday. To qualify for this card, you need a Prime membership, which costs $119 per year, and an excellent credit.

Best for Cash Back: Citi Double Cash Card

Citi Double Cash Card comes highly recommended if you just want one card for all your shopping on Amazon or any other place. You get a two percent cash back on all your purchases – one percent when making a purchase and one percent when you pay it off. The card doesn’t carry an annual fee, and its bestselling point is how simple it is to use – no need to worry about bonus categories or earning caps. Keep in mind that rewards are redeemable only for cash back, a statement, or credit to a linked account, and you can only redeem at least $25 in cash rewards built-up. Citi Double Cash Card is also a great option if you want to consolidate debt from other high-interest cards since it has a zero percent APR on balance transfers for up to 18 months.

Best Flexible Rewards: Chase Freedom Unlimited

People have different preferences when it comes to credit cards. If you are looking for a card with more flexible rewards, then Chase Freedom Unlimited is the one to go for. On sign-up, cardholders get five percent cash back at grocery stores for the first 12 months, for up to $12000 in purchases. You also get 1.5 percent on all purchases made, including on Amazon. While it doesn’t match that of Citi Double Cash Card, the compromise is compensated by its flexibility. When you pair the Chase Freedom unlimited with a premium Chase Ultimate Rewards card like the Chase Sapphire Preferred Card, you can opt to convert your cash back to travel points at a rate of one percent. You can then redeem the points for travel via the chase travel portal or any other merchandise. This card is a great option for Amazon purchases – you can get a bonus of up to $200 when you spend $167 per month for the first three months. You can also save on interest with zero percent APR on purchases for 15 months.

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Best for Business: Amazon Business Prime American Express Card

If your business spends a lot on Amazon.com, Whole Foods, or AWS, the five percent cash back is a great bargain, not to mention you don’t pay an annual fee. If you need a financial boost, you can swap the five percent cash back for 90-day zero percent APR financing on any eligible purchase. However, this card is not suitable for long term financing since it doesn't have the zero percent intro APR, and the standard APR is high. Starting October 1, 2020, cardholders only earn five percent cash back only on the first $120,000 in purchases each calendar year, and one percent thereafter. To be eligible for the Amazon Business Prime American Express Card, you need to have an Amazon Prime or Business Prime Membership. Alternatively, you can opt for the Amazon Business American Express Card if you don’t have Prime membership. The card also earns two percent cash back at US restaurants, US gas stations, and wireless telephone services from US service providers. You also earn one percent cash back on all other purchases. New card members qualify for a $125 Amazon gift card upon approval with no spending requirement.

Final Word

When choosing a credit card to purchase on Amazon, consider a card with the best offers. While some are good options for cash back like the Citi Double Cash Card, others like Chase Freedom Unlimited offer the flexibility of allowing you to earn points toward travel.