Contents
The Offer
- Signup for a new Amazon Prime Rewards Visa Signature card from Chase and get 5% back on all non-Amazon purchases during the first 3 months, on up to $2,500 in purchases. Plus, get a $70 Amazon gift card instantly upon approval.
Our Verdict
Reader James sent this in, I’m assuming this is only showing for Prime members; not sure if it’s showing for all Prime members or only some. All in, you’ll land up with $70 + $125 after meeting the spend = $195 which is much more than the typical deal of more like $50 – $150 gift card bonus (usually not more than $100). I’d value this less than $195 since I’d anyway be earning 2-3% on the $2,500 in spend, so I’d calculate the ‘real’ value of the $195 signup bonus as more like $130. Still a decently good deal if you’d be interested in getting the card anyway for the 5% Amazon/WholeFoods earn and assuming you don’t find the spend burdensome.
View Comments (23)
Is this card any better than the one offered by Amex?
Getting the same message clicking the link “ this page is being updated” however upon checking out I see a $50 instant credit and 3% back on all amazon purchases for 3 months upon approval for this card. Not a great deal really ....
some changes coming?
Thank you for your interest in Amazon.com Credit products!
This page is currently being updated.
We appreciate your patience.
Please return later today to apply for your Amazon Credit product.
Thank you.
This signup bonus is like putting lipstick on a pig.
Turn on for some scientists I guess
Gross
Of course
Anyone have a general idea of the kind of credit score you'd need to get approved?
Is this targeted? mine is still just $70 without any 5% cash back.
me too
Nice try Jeff Bezos
The card is issued by JPMorgan Chase
Nice try John Pierpont Morgan
Whole foods with 5% cashback and 10-20% markup is strictly worse than shopping a normal grocery store with 3% BCE.
Alternatively, the BCP makes sense for anyone buying $300 in groceries per month. Then any Amazon GCs bought at the store are a marginal 6% back. So BCP is best option for someone spending $3.5k to $6k on groceries and Amazon per year, unless they only shop at Whole Foods
> the BCP makes sense for anyone buying $300 in groceries per month.
Heads up: if you're a Walmart shopper, the CapOne Walmart MasterCard gives 5% off everything (groceries, online, in-store (with app)). No AF. For the ~$5k per year I spend at WM, that's a better deal than BCP 6% with $95 AF.
What card is BCP? Would like to look into that.
Amex Blue Cash Preferred. 6% groceries, $95 AF.
People who shop at Whole Foods do it out of choice, fully aware of the "markup" that you're referring to.
Does 5/24 apply to this?
Yes. Fuck you Chase
link not working ----> This page is currently being updated.