1. Consider an Amazon Prime membership
In addition to free two-day delivery, Prime Video and other exclusive benefits, a Prime membership (which $139 per year for standard members and $69 per year for students) opens up access to the most rewarding Amazon credit cards. For example, let’s compare the Prime Visa to its non-Prime counterpart, the Amazon Visa:
2. Take advantage of the sign-up bonus
A sign-up bonus is an easy way to reap some serious rewards right off the bat. With most cash back cards, you’ll need to meet a minimum spending requirement in the first few months to earn the bonus. But it’s even easier with the following Amazon-branded cards, as you’ll receive an Amazon gift card instantly upon approval:
3. Redeem your rewards for statement credits
While it’s tempting to use your rewards for Amazon purchases, you’ll come out ahead if you redeem them for statement credits toward your balance. By using your Amazon card each time you check out, you can continue earning rewards on every purchase. Plus, paying off your balance each month keeps your credit utilization ratio low — which can help improve your credit score.
4. Consider pairing two cards together
If you’re not interested in a Prime membership — or you simply want to earn rewards across more categories — you can opt for two cards that earn cash back on Amazon purchases. For example, you could use the Chase Freedom Flex℠ to make Amazon purchases during the quarter it offers 5% cash back, and the Blue Cash Everyday® Card from American Express to earn 3% back** throughout the remainder of the year. This way, you’ll have the chance to earn two sign-up bonuses and get more bonus categories.