If you’ve decided to get the Amazon Prime Rewards Visa Signature Card, you probably already shop at Amazon pretty regularly – at least often enough to get a card that gives you special benefits at Amazon. However, just having a card won’t necessarily save you a significant amount of money. You need to make sure that you’re using it to its best extent. Here are four ways you can get more out of the Amazon Prime Rewards Visa Signature Card.
1. Maintain Your Amazon Prime Membership
One of the things you can do is make sure you’re maintaining your Amazon Prime membership the entire time you have the Amazon Prime Rewards Visa Signature Card. If you lapse in your membership, you’ll be downgraded to the Amazon Rewards Visa Card. This card gives you only 3% in rewards at Amazon and Whole Foods, as opposed to the higher 5% on the Prime card.
2. Sign Up When There’s a Bonus Available
Most credit cards offer a sign-up bonus that’s only available if you make a certain dollar amount of purchases within the first few months of having your credit card. However, the Amazon Prime Rewards Visa Signature Card doesn’t have a standing bonus, instead offering customers an Amazon credit card promotion from time to time where you can get a gift card automatically added to your account upon approval for the card. Wait for this promotion to be available before you sign up.
3. Use Your Card at Whole Foods Market
Not everyone knows that Amazon and Whole Foods are owned by the same company, which means that you might not realize that you should be using your Amazon Prime Rewards Visa Signature Card at Whole Foods Market as well as Amazon. You’ll get the same 5% in cash back rewards when you use your card at Whole Foods Market, so if there’s a Whole Foods near you, make sure you use this card when you check out.
4. Redeem Your Points Smartly
There are many different ways for you to redeem points that you earn with your Amazon Prime Rewards Visa Signature Card. However, while the most obvious answer may be to redeem your cash back on your Amazon purchases, it actually might be smarter for you to get a statement credit or use a different redemption method. That’s because the discount, as small as it may be, makes it impossible for you to earn 5% on that amount when you pay with your card.
Most of the time, people who are already thinking about getting the Amazon Prime Rewards Visa Signature Card know that it’ll be an effective tool for their family. That’s because the card is mostly used by people who already buy at Amazon regularly. However, there are plenty of ways for you to get even more out of your card. With these four tips, you’ll be able to save even more when you make your purchases.