Review of the Amazon Prime Rewards Visa Signature Card (2017)
Not exactly a “student credit card,” but many of you probably saw this card when you logged into your free student Prime account. $70 Amazon gift card if you’re approved is also a nice bonus, but is this card worth it?
What are the benefits?:
- Up to 5% back on Amazon.com purchases (assuming you meet their requirements)
- 2% back at restaurants, gas stations, and drugstores*
- 1% on all other purchases*
- No foreign transaction fees
- Doesn’t apply to Chase’s 5/24 rule!
- General Visa Signature Benefits (may very)
I recommend you look at their offer details before moving on: https://www.amazon.com/gp/browse.html/?node=16070399011
Downsides?: You can only use the rewards on Amazon purchases.
Personal thoughts: Really the best card you can get if you make a lot of purchases on Amazon.com. This is also (normally) a Visa Signature card so you get access to their concierge service. $70 is also a solid signup bonus, sadly it’s in the form of their gift card instead of statement credit.
So should you get it? If you shop on Amazon.com a lot then go for it! (Please note, your credit score should be over 720+ for solid chances of approval.)
Other than that, it’s just a decent card, if you want 5% cashback (on rotating categories) you might want to look at the Discover it Student Credit Card. You basically have a $100 signup bonus (if you apply with someone’s referral link), and have a higher chance of approval if your credit score is in the 600’s.
Apply here: https://www.amazon.com/iss/credit/rewardscardmember/
Keywords: Amazon Visa Signature, $70 Signup bonus, 5% cashback