Amazon Boosts Credit Card Offer in Time for Holiday Shopping – Technologist

All information about Prime Visa has been collected independently by Clark Howard, Inc.

Are you getting into your holiday shopping mode already? If so, you’re likely monitoring the deals on Amazon in addition to your in-person browsing.

And we have some good news for you if you’re considering making a major purchase with America’s online retail giant:

The Prime Visa credit card has upped its welcome bonus offer for a limited time!

Limited-Time Amazon Prime Visa Welcome Bonus Offer

From November 7 through December 5, Prime members can get a $200 Amazon Gift Card instantly upon approval for Prime Visa.

This gift card offer, which also reached $200 during the summer, is up from the $100-150 gift card value that typically is offered.

This Chase-backed rewards card has one of those rare welcome offers that does not come with a spending requirement attached. However, you do need to be an Amazon Prime subscriber to apply and receive the benefits of the card.

Instant receipt of the bonus gift card means you could apply $200 to the purchase you’re planning to make, and then pay the remainder with your new credit card to get 5% cash back on your remaining balance.

Now that could bring some holiday cheer this year! But is it a card worth having in your wallet for the long term? Let’s discuss.

Is the Amazon Prime Visa Worth It?

Money expert Clark Howard cautions against making a long-term credit card decision based on a short-term gain, so you’re smart to wonder if applying for the Prime Visa is worth more than a simple gift card acquisition.

The answer likely boils down to your status as an Amazon Prime member and the frequency at which you shop with the online retail giant.

The card has no annual fee and offers 5% back on purchases made with Amazon, Amazon Fresh and Whole Foods. This rate of return is good enough that we feature the card on our “best of” rewards credit cards, grocery credit cards and shopping credit cards lists.

Also, eligible Prime card holders can earn 10% back or more on a rotating selection of items and categories on Amazon.

You can also earn 2% back at gas stations, restaurants and with local transit. All other purchases get 1% back.

You’ll also be able to spend internationally with no foreign transaction fees.

So, while it does not offer the unlimited 2% cash back on all purchases that Clark recommends for your everyday spender, it could be an excellent complementary card in your wallet to enhance your cash back earnings.

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Will you be taking advantage of this offer? We’d love to hear your thoughts in the Clark.com community.

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