Amazon Prime Store Credit Card: 5% Cash Back And $40 Signup Bonus

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There’s a new credit card on the market exclusively for Amazon Prime members.

Link: Amazon Prime Rewards Card

There isn’t anything particularly compelling about this card other than offering 5% cash back on Amazon purchases. If you spend a lot of money on Amazon and don’t have or want a Chase Ink card (which offers 5 points per dollar on Amazon purchases, but is a small business credit card), this could be a decent way to earn cash back at Amazon.

This card just came out and the signup bonus is a pretty weak $40 Amazon credit. I’d think that it would increase at some point in the future to be competitive with other rewards credit cards. The Chase Amazon Rewards card offers up to a $70 credit that I’m aware of but only offers 3% cash back at Amazon, however it doesn’t require having Amazon Prime.



  • The card is issued by Synchrony Bank, which doesn’t have any other rewards cards that I know of. You won’t have to sacrifice an application slot with another bank (such as Chase or AMEX).


  • You can do better than the 5% cash back offered with this card if you have a Chase Ink card. Chase Ink offers 5 points per dollar at office supply stores, where you can readily pick up Amazon gift cards to get 5% or more back on your Amazon spend.
  • The signup bonus is currently very low ($40 in the form of a credit applied to your Amazon account.

Will you be picking up an Amazon Prime Rewards card?

5 comments for “ Amazon Prime Store Credit Card: 5% Cash Back And $40 Signup Bonus

  1. March 26, 2015 at 11:16 pm

    Lots of better alternatives, e.g Barclay Sallie Mae which also gives 5% on gas & groceries plus any other card that earns 5%+ cash back as you can pretty much purchase Amazon gift cards anywhere.

    • March 27, 2015 at 11:29 am

      I agree this card kinda sucks compared to other alternatives, but an additional factor to consider is that other 5+% cash back cards (Sallie Mae, Ink, Amex BCP) have a monthly or yearly limit on bonus categories after which it’s just a 1%. If you’re already maxing those out then this is another tool in the aresnal.

  2. brteacher
    March 28, 2015 at 1:57 pm

    Did you link to the correct card? I read everything and didn’t see anything about 5% cash back. Maybe Amazon changed the link to another card.

    • March 29, 2015 at 12:43 pm

      I believe you have to be logged into Amazon prime to see the offer. The link takes you to the standard card otherwise without 5% cash back.

  3. July 23, 2015 at 8:30 pm

    There’s also the SallieMae MasterCard that pays 5% cash back on up to $750 in spending each month at bookstores including Amazon (which it classifies as a bookstore for most purchases). It also pays 5% cash back on gas and groceries (up to $250 per month in each category).

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