Amazon has two co-branded cards currently available:
- Store card issued by Synchrony Bank
- Visa card issuer by Chase
Normally a true credit card (like the one issued by Chase) will have a better rewards program than the store card. That isn’t the case currently with Amazon, the Synchrony Bank card earns 5% cash back on all Amazon purchases (for prime users) and the Chase Visa card only earns 3% cash back.
Reddit user zttz has reported seeing the following banner (note Visa in the corner):
It looks like Chase plan to increase the cash back rate on their Visa card and Amazon have accidentally leaked some of the creatives early. It’s likely that if Chase does add 5% on Amazon.com purchases it’ll also be limited to prime members only (it says when you use your new Amazon Prime Rewards Visa). Amazon & Chase renewed their credit card agreement in February of last year & this is a key card portfolio for Chase. This will make the Chase Amazon Visa one of the best cards for Amazon purchases, I personally still won’t sign up as the bonus is usually low and I just stock up on Amazon giftcards when one of the 5% rotating cards offer 5% back at Amazon.
