Prime Visa Credit Card Review
While we don't cover store cards at Travel on Point(s) often, or at all, but I figured it was worth breaking that rule for the Prime Visa credit card. That is especially true with the recently increased offer they have going on right now. While you can't earn points with the Prime Visa card, it does offer a nice discount at the world's biggest online retailer – Amazon. There are some other decent earning options for the card as well since it isn't store locked like some others. It could be a good option for that last Chase 5/24 spot if you are ready to move on. Don't worry, we'll get into all of that and more in this Prime Visa credit card review.
**The offer links in this article have been collected independently by Travel on Point(s) and are direct offer links.
Prime Visa Welcome Offer Details
Here are the current details for the Prime Visa welcome offer:
- Get a $150 Amazon Gift Card instantly upon approval, exclusively for Prime members
- There is no annual fee on the card
- LEARN MORE
The bonus being awarded upon approval is always a welcomed sight.
Application Rules
It doesn't appear that the Prime Visa plays by the standard Chase application rules. I am well over 5/24 (like LOL/24) and was instantly approved for this card. The Amazon gift card was added to my account balance immediately. I also couldn't find any type of 24 month rule. I would imagine you will be denied if you currently carry the card, but I am not sure of any type of time limit if you have carried it before.
Prime Visa Review: Earning Rates
The Prime Visa comes with the following cash back earning rates:
- 5% back at Amazon.com, Amazon Fresh, Whole Foods Market and on Chase Travel purchases with an eligible Prime membership
- 2% back at gas stations, restaurants, and on local transit and commuting (including rideshare)
- 1% back on all other purchases
- LEARN MORE
The earning structure is pretty good for a no fee card, but the best thing is that all earnings are unlimited. It is also nice that you should be able to redeem your rewards on Amazon the next day. No need to wait until your statement closes if that is how you would usually use your earnings.
Card Perks
There are not a lot of card perks for the no annual fee Prime Visa but here is what you get with this card:
- Prime Card Bonus: Earn 10% back or more on a rotating selection of items and categories on Amazon.com with an eligible Prime membership
- This seems to come around a few times a year for cardholders
- Member FDIC
- No foreign transaction fees
- LEARN MORE
ToP Analysis
The Prime Visa card is an interesting choice for the frequent Amazon and Whole Foods shopper. It is true that getting 5% cash back on those purchases can be matched via other options, but they do come and go – or require extra effort. This is a set it and forget it option. That can be nice at times when life becomes overwhelming.
While this card would not be anywhere near the ToP of our 5/24 cards to get list, I can see how it could make sense for some. The goal is to get the cards you need and then move past 5/24 after all. We often see people say that they are ready to move on with multiple open slots left, but don't really need anything else from Chase. That is where the Prime Visa steps in. I think a lot of people would like to have an uncapped 5% earning option for Amazon purchases before moving past 5/24.
The welcome offer is also an one that requires no minimum spend, which people always love. You will need to have an Amazon Prime membership to get the offer though. That does come with an annual cost, even if the credit card doesn't. You should be sure to add that into your calculations on whether this card is a fit for you or not. It may not matter if you are already a Prime user and gladly pay the yearly fee.
Prime Visa Credit Card Review: ToP Thoughts
While the Prime Visa should be further down your need list than most, it could make sense for certain people. If you shop a lot at Amazon and Whole Foods then 5% back uncapped could be mighty tempting. Especially if you have more 5/24 slots than you need, and you were planning on moving past 5/24 soon. Getting a decent welcome offer with no spending required is just icing on the cake. Let us know what you think about the Prime Visa credit card over in the ToP Facebook Group.
