At Amazon Prime Day The starting shot will be given on Tuesday, online shopping professionals are ready separate the good offers from the bad - and earn money back with every purchase. While there are a few really good cashback credit cards The Amazon Prime Rewards Visa Signature Card for Prime Day purchases is hard to beat on the market. The 5% cashback on all Amazon (and Whole Foods) purchases make it one of the best cashback credit cards every day and a must for anyone who regularly purchases in one of the two shops. And the company will put a $ 100 gift card in your Amazon account once you're approved.
While it's hard to beat on Amazon purchases, the card's cashback rates for purchases outside of Amazon are less impressive: you only get 2% back at restaurants, gas stations, and drug stores and 1% back on all other purchases. If you don't make frequent purchases on Amazon, the Citi Double Cash Card may be more suitable. It offers 2% cashback on every purchase. And if groceries are your main focus, American Express's Blue Cash Preferred offers a whopping 6% off groceries in U.S. supermarkets (including whole foods) up to $ 6,000 annually.
There are no annual fees for the Amazon Prime Rewards, however, and the eligibility requirements are not particularly strict: applicants with a "fair" credit score (around 580 or higher) have a good chance of being approved.
Continue reading: 6 ways to win Prime Day
Amazon is also offering a scaled-down version of its reward visa for people who are not Prime members. However, the Amazon and Whole Foods cashback rate is only 3%, and the incentive to sign up is less: a $ 50 Amazon gift card. However, if you want to maximize your Amazon cashback potential, it is probably better to become an Amazon Prime member first. That costs $ 119 a year - and then apply for the fully functional Prime version of the card. In fact, the Prime card's $ 100 sign-up bonus almost covers your first year of Prime membership many rewarding benefits.
As soon as you have the Amazon Prime Rewards Visa Signature Card, you can redeem your reward points when you check out at Amazon or as a credit from 2,000 points - the equivalent of 20 US dollars. Check out All reward and redemption details here.
Continue reading: How To Make Sure The Prime Day Deal Is Really A Deal
Amazon Prime Day 2020 starts on Tuesday, October 13th and lasts through Wednesday, October 14th Prime Day offers are already available.
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