You might have heard about the new credit card from Amazon called Amazon rewards Visa. It is a credit card that is designed especially for those that use Amazon online or buy products from their website. It offers a number of features and benefits for those that use it.
Rewards: There are many different types of Amazon rewards, but the most popular ones are giving out cash back, free products and additional credit points. No annual fee: You do not have to be a member of Amazon Prime or pay an annual fee to obtain this card, so it is a great option if you wish to earn additional rewards without spending any cash at all. Free membership into Amazon Prime: When you make purchases using this credit card on an in-house site, you will automatically become a member. This allows you to see all of the latest and greatest products available, plus many other specials.
No annual fee: The way that you can get the most out of the rewards card is to ensure that you do not spend more than you can afford each month. If you have a large balance each month, you will end up paying quite a bit more than you could if you were to use an interest-free introductory offer. Therefore, you should always try to pay off your balance as soon as possible, in order to avoid paying too much in interest. In addition, when you pay off your balance, you will also earn some additional credit points.
Cash Back: One of the biggest perks associated with the Amazon rewards visa signature card is the cash back option. You earn a certain amount of cash every time that you make a purchase using the card. This is based on the cost of the product that you purchased as well as the sales tax, shipping and handling fees that you were charged. You can also choose between various rewards that are offered, such as airline miles and even gift cards. Many people prefer the airline miles because they are much more flexible and easy to obtain, whereas gift cards are often only applicable at certain shops or establishments around the world.
Credit limit: In addition to earning cash back, you are also given the ability to redeem points for merchandise at any one of the hundreds of retailers that are affiliated with the Amazon program. Whenever you make a purchase, you are given the option to redeem your reward points for any of the many participating stores. Some of these locations include; Books, electronics, apparel, home appliances, clothing, fitness equipment and lots more. Most merchants have their own websites where you can learn more about the offerings as well as redeem your points for the items that you want. It really all comes down to how much you would like to save each month, but as long as you take care of your balance by making your purchases within the allotted time period, you will be able to build up a sizeable savings account!
Annual Fee: The biggest drawback to this type of card is that you will be paying the annual fees. If you have a credit card from any other financial institution, you most likely will not be paying any annual fees when you use the card for your purchases at any of the participating retailers. Amex is one of the few major credit cards that have an annual fee, but the benefits of the program far outweighs the negative impact on your annual fees. You will be able to earn cash back rewards and bonuses on virtually any purchase you make when you take advantage of an Amex rewards Visa Signature card. You can use the card anywhere MasterCard is accepted, which means you can enjoy even greater savings when you shop online as well as in the stores that are part of the Visa or MasterCard network.
Chase: If you are looking for a high interest savings card, then you might want to consider applying for the Chase rewards card. Although there are some disadvantages to Chase, the rewards are second to none. If you are an entrepreneur, you know that every dollar you earn is directly related to how much money you can invest back into your business. By spending just five dollars at a time on the cards associated with Chase, you can accumulate thousands of dollars worth of savings. Each time you use your Chase rewards card for an eligible purchase, you will be automatically enrolled in a matching savings program. This program is named “Chasepoint” and it allows you to earn up to three times more in rebates and cash back than you are currently receiving from any other credit cards.
If you are a person who travels a lot or who spends a great deal of money on personal items or business expenses, then you will want to find a card that offers the best savings and rewards programs. You will be happy to know that there are many credit cards that offer the benefits of a Chase rewards Visa Signature card and many of them are also affiliated with major retailers such as Best Buy and Wal-Mart. If you are a business owner, then you should strongly consider an Amex rewards visa signature card. These credit cards are designed especially for businesses that travel frequently and that offer a wide range of products and services. Businesses that choose to sign up for this type of card will find that they are given the opportunity to enjoy a variety of benefits including exclusive program flexibility, frequent rewards and air miles, and exclusive consumer protection coverage.