If you are an Amazon customer, you may be wondering what type of rewards you can get when using an Amazon rewards Visa card. There are actually two Amazon-branded Visa cards – the Amazon Prime Rewards Visa Card and the Amazon Rewards Visa Card. Both of them offer the same rewards on purchases made with the cards. However, the difference between the two cards is that the first card offers a higher interest rate.
The first Amazon Visa card was launched in 2020. Its primary purpose was to encourage customers to shop at a particular company more often. Since the card company didn't want to give away the actual card, the card can be used only for purchases of a certain value. If you want to earn points instead of cash back on your purchases, you have to use your Amazon Rewards Visa Card to make all purchases.
The main benefit of the Amazon rewards Visa card is that you will earn more points for each dollar you spend. If you use the card for everyday purchases, you can accumulate up to $500 in free points which you can redeem for merchandise at online shops, or a variety of other things. You can also earn bonus points from merchants who accept the Visa card, and for frequent travelers and international travelers, the card is ideal.
This card is easy to get, and the annual fee is nominal. The only downside to the Amazon rewards Visa card is that it charges a 3% rate on purchases made with the card. Since there are many merchant companies who take this card, it is important that you compare the rates offered by different merchants before applying.
Another downside to the card is that the cards have no annual fee, and you cannot earn rewards if you don't pay off your balance every month. In other words, if you spend too much money with the card, you won't get any rewards. The credit limit is limited to $3000. Although, you can transfer the balance to another card which has a higher limit if you really need to.
Finally, one of the major disadvantages of using the card is that you can't take it with you when you travel. However, the cards are available to international travelers. and are valid everywhere. The cards are also good for business travelers to help expand your business contacts and business opportunities in other countries.