The Amazon Prime Store Card Lets Prime Members Earn 5% Back

If you’re an Amazon Prime member, you already enjoy free two-day shipping, a gaggle of free movies and shows, Kindle books, and a lot more. Now, with the launch of the Amazon Prime Store Card, you can save even more. The new credit card, which is aimed at Prime members, offers 5% back on Amazon purchases, as opposed to the 3% the Prime Rewards Card offered in the past. On top of that, with the new card, members can earn a smaller percentage back from restaurants, gas stations, and other businesses. There’s no annual fee and J.P. Morgan Chase & Co., who the card is in partnership with, will waive foreign transaction fees. Oh, and you’ll also receive a $70 Amazon gift card when you sign up. Our only word of caution is, if you’re the type who doesn’t regularly pay off their monthly statement, the APR range (14.74% to 22.74%) could be an issue. You can read through all the details over at Amazon.