The best credit cards for Amazon purchases in July 2020

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The best credit cards for Amazon purchases:

  • 5% cash back at Amazon and Whole Foods: Amazon Prime Rewards Visa Signature Card
  • Often includes Amazon as a bonus category: Chase Freedom
  • Includes Amazon as a bonus category in Q4 2020: Discover it® Cash Back
  • 50% bonus if you make 30 purchases each billing period: Amex EveryDay® Preferred Credit Card from American Express
  • Best for purchase protection: The Platinum Card® from American Express
  • Any American Express card that has an Amex Offer for shopping with Amazon

If you find yourself shopping at Amazon frequently, you'll want to give some thought to the credit card you're using for these purchases. This is especially true if you're interested in earning travel rewards — you'll want to maximize the points on every dollar you spend. 

We're focused here on the rewards and perks that come with each card. These cards won't be worth it if you're paying interest or late fees. When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.

  • Amazon Prime Rewards Visa Signature Card
  • Chase Freedom
  • Discover it® Cash Back
  • Amex EveryDay® Preferred Credit Card
  • For purchase protection: the Amex Platinum
  • Any Amex card with an Amex Offer for Amazon
  • Any card that offers an annual spending bonus

 

Amazon Prime Rewards Visa Signature Card

The Amazon Prime Rewards Visa Signature Card offers 5% cash back on Amazon and Whole Foods purchases. Cardholders also get an extra 5 to 15% cash back on certain promotional items, which is one of the highest rewards rates you'll find. This makes the card a great option for your Amazon purchases.

The Amazon Prime Rewards Visa Signature Card also earns 2% cash back at restaurants, gas stations, and drugstores. Considering those are pretty common spending categories for most people, this isn't a bad card to have in your wallet, especially since it has no annual fee.

Read more: Amazon Prime Rewards Visa Signature card review

Chase Freedom

The Chase Freedom offers 5% cash back on the first $1,500 (the 1%) spent on rotating bonus categories every quarter, once you activate the bonus each quarter via your card account. Sometimes those categories include Amazon purchases, in which case the Chase Freedom is a great option for shopping on that site.

The Freedom's current bonus categories are Amazon and Whole Foods, so this card can help you earn maximum Chase Ultimate Rewards points when you stock up on groceries or other essentials. 

Chase Freedom®

Chase Chase Freedom®American Express The Platinum Card® from American Express

Annual Fee
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Credit Score
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    Annual Fee

    $550

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    Credit Score

    ExcellentA five pointed star

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    Intro Bonus

    60,000 points after your spend at least $5,000 in your first 3 months of account opening

    Intro APR

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  • Details
  • Pros & Cons
    • 5X Membership Rewards® points for flights booked directly with airlines or with American Express Travel.
    • 5X Membership Rewards® points on prepaid hotels booked on amextravel.com.
    • Up to a $200 airline fee credit.
    • Access to more than 1,200 airport lounges.
    Pros
    • Long list of travel benefits, including airport lounge access and complimentary elite status with Hilton and Marriott
    • Annual statement credits with Saks and Uber
    Cons
    • Bonus categories leave something to be desired (no bonus rewards on general travel or dining)
    • One of the highest annual fees among premium travel cards

    Any Amex card with an Amex Offer for Amazon

    One benefit of having an American Express card is that you get access to Amex Offers. These are deals for bonus points or cash back when you shop with a specific retailer. There are frequently Amex Offers for bonus points on Amazon purchases.

    Currently, many cardholders are eligible for 5 additional points per dollar on Amazon purchases, up to 2,000 points total (so on up to $400 in spending). Since Amex Offers are targeted (they vary from cardholder to cardholder), you may not see this offer in your account, but it's worth checking. Keep in mind that you need to add the Amex Offer to your account online to be eligible for the bonus, and not everyone will see this offer because the deals vary from cardholder to cardholder.

    Some of the best American Express cards include:

    • Best for dining rewards: American Express® Gold Card (this card also earns 4x points on the first $25,000 spent at US supermarkets each year, then 1x, and this category includes Amazon partner Whole Foods) 
    • Best for cash back: Blue Cash Preferred® Card from American Express
    • Best for bonus points on travel: American Express® Green Card
    • Best premium business card: The Business Platinum Card® from American Express
    • Best business card for everyday spending: The Blue Business® Plus Credit Card from American Express

    Read more: The best Amex Offers available now

    Any card that offers an annual spending bonus

    If you're more concerned with long-term gain, consider charging your Amazon purchases to a credit card that offers an annual incentive for meeting certain spending thresholds.

    For example, the Hilton Honors American Express Aspire Card offers an annual free weekend night after you spend $60,000 in a calendar year. Don't think that's worth much? I'm writing this article from the Waldorf Astoria Maldives, where I redeemed one of these free weekend nights in exchange for a villa that normally goes for $2,000 per night.

    Read more: I pay $450 a year for a Hilton credit card, and I just earned half that fee back in a single night

    Another option is to put your Amazon spending on a Southwest credit card in order to earn the Southwest Companion Pass. If you're unfamiliar with this benefit, it essentially allows you to book free airfare for a designated companion if you earn 125,000 qualifying Southwest points in a year. Points earned via credit card sign-up bonuses and spending count towards this requirement, making the Companion Pass much more attainable.

    You can earn sign-up bonuses on the following Southwest credit cards. Note that you can only have one personal Southwest co-branded card at a time.

    • Southwest Rapid Rewards Plus Credit Card ($69 annual fee) — 40,000 points after you spend $1,000 in the first three months from account opening
    • Southwest Rapid Rewards® Premier Credit Card ($99 annual fee) — 40,000 points after you spend $1,000 in the first three months from account opening
    • Southwest Rapid Rewards Priority Credit Card ($149 annual fee) — 40,000 points after you spend $1,000 in the first three months from account opening
    • Southwest Rapid Rewards Premier Business Credit Card ($99 annual fee) — 60,000 points after you spend $3,000 in the first three months from account opening
    • Southwest Rapid Rewards Performance Business Credit Card ($199) — 70,000 points after you spend $5,000 in the first three months from account opening, another 30,000 points after you spend $25,000 in the first six months of account opening

    If you earned the sign-up bonus from one of these cards and channeled your everyday spending, including Amazon purchases, on to it, you could find the Southwest Companion Pass to be within reach. You could also earn a sign-up bonus from one personal Southwest card and one business Southwest card, which would make qualifying even easier. And if you earn both tiers of the bonus for the current Southwest Rapid Rewards Performance Business card offer, you'd earn the Companion Pass outright.

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