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The perfect bank cards for Amazon Prime Day

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Amazon Prime Day has apparently overtaken Black Friday and Cyber ​​Monday as one of the biggest selling days of the year. Amazon Prime Day 2020 has grown so big that it now extends over two days – for 2020 these dates are October 13th and 14th. To start saving with Amazon Prime Day, you must be an Amazon Prime member.

What is Prime Day – a story of Amazon Prime Day

Amazon Prime Day was first launched in 2015. It celebrated the 20th anniversary of Amazon and got bigger every year. Over the years, Amazon has sometimes struggled to maintain infrastructure to handle the huge load it received during the Prime Day event. Still, Prime Day 2019 was a success in every respect – Amazon said it sold over 175 million items on Prime Day 2019.

How to Find Prime Day Deals

Amazon Prime Day offers come in a variety of formats. Some offers are heavily promoted on the Amazon.com homepage or deals page and are valid for the duration of Prime Day. Other offers are much limited in quantity or only available at certain times. It's a tradeoff between the time you want to spend looking for deals and the amount you want to save. To find Amazon Prime Day deals, you can visit Amazon's Prime Day page or various deal websites.

Which credit card should you use for Amazon Prime Day?

Shopping for Amazon Amazon Prime Day titles than shopping on Amazon in general. Most credit cards do not have a specific category of rewards for Amazon and are generally considered to be online shopping. So on Prime Day, be sure to use a card that gets a bonus for online purchases or a card that offers good rewards on all purchases.

Another option would be to wager the expenses on a card whose sign-up bonus offer you are currently processing. The return on spending on a sign up bonus can be 10 to 15 points per dollar or even more. Note that in most cases if you apply for a card today, it will take a week or more to actually receive the card. There are only a few credit cards that allow instant access to your credit card information when you apply.

Even so, here are some cards to consider when shopping on Amazon on Prime Day.

Amazon Rewards Visa Signature Card

At the top of the list is the Amazon Rewards Visa Signature card. The Amazon Rewards Visa Signature Card offers a 3% discount on Amazon and Whole Foods, 2% in restaurants, gas stations and drug stores and 1% on all other purchases. You will also receive an Amazon credit of 50 USD immediately upon approval, which will be added to your Amazon account. This could be a great way to save a little on Prime Day.

Chase Freedom Unlimited

The Chase Freedom Unlimited is a good card for everyday purchases as it gives back 1.5 Ultimate Rewards on all purchases. If Freedom Unlimited is your only Ultimate Rewards card, those Ultimate Rewards are worth 1 cent each. That means you get 1.5% back on your purchases. However, if you have a premium Chase card like Sapphire Reserve or Ink Preferred, you can combine your Chase accounts and get up to 50% more value from your Ultimate Rewards points.

The Freedom Unlimited is currently offering a welcome offer of 20,000 Ultimate Rewards ($ 200) after spending $ 500 on purchases in the first three months. You will also receive 5 Ultimate Rewards for every dollar spent (5% back) on grocery store purchases (excluding Target and Walmart) for the first year you have the card, up to a maximum of $ 12,000.

Bank of America cash rewards

The Bank of America Cash Rewards card offers a $ 200 welcome bonus after making a $ 1,000 or more purchases in the first 90 days of receiving the card. The Cash Rewards card offers a 3% discount on a category of your choice, and online shopping is one of the options available. You also get 2% cashback at grocery stores and wholesale clubs and 1% cashback on all other purchases. If you are a member of Bank of America Preferred Rewards, receive an additional 25% to 75% more rewards with every purchase.

American Express Gold Card

If you're making a big purchase on Prime Day, the American Express Gold Card might be a great option. The Gold Card is one of the best purchase protection cards, offering purchase protection for purchases up to $ 10,000. The Gold Card also offers 4 Membership Rewards points for every dollar spent on restaurants around the world and in US supermarkets, 3 Membership Rewards points for flights booked on amextravel.com, and 1 point for all other purchases. Currently, you can receive a 60,000 Membership Rewards welcome bonus after spending $ 4,000 in the first 90 days of receiving the card. It comes with an annual fee of $ 250, but also comes with a side fee of $ 100 and an annual meal credit of $ 120. The conditions apply to advantages and offers from American Express. Visit americanexpress.com to learn more. Prices and Fees.

Hopefully, with these suggestions, you can maximize the rewards you get when shopping on Amazon Prime Day 2020.

American Express® Gold Card prices and fees

These answers are not provided or commissioned by the bank advertiser. The bank advertiser has not reviewed, approved, or otherwise endorsed the responses. It is not the responsibility of the bank advertiser to ensure that all posts and / or questions are answered.

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