Chase · Cash back · Visa

Amazon Prime Visa: what it's really worth

The Amazon Prime Visa has a no annual fee. For a typical household spending $2,070 a month, it's worth about $548 in year one and $398 each year after.

Annual fee$0

Sign-up bonus$150$150 Amazon gift card on approval

Net value · year 1$548

Net value · each year after$398

Paid as an Amazon gift card on approval, for Prime members only. The amount has ranged from $100 to $250 depending on the season.

Calculate it with your own spending

Is the annual fee worth it?

No annual fee — nothing to lose by keeping it open, which also helps your credit history.

How you earn

Category	Rate	Value per $1	Per year*
Dining	2%	2.0¢	$72
Groceries	1%	1.0¢	$60
Hotels	1%	1.0¢	$10
Flights	1%	1.0¢	$12
Gas	2%	2.0¢	$36
Streaming	1%	1.0¢	$5
Everything else	1%	1.0¢	$108

*At typical monthly spending: dining $300, groceries $500, hotels $80, flights $100, gas $150, streaming $40, everything else $900. 5% at Amazon, Whole Foods and Chase Travel with a Prime membership (3% without); 2% at restaurants, gas stations and on local transit and commuting.

Credits and perks

$96 extra 4% at Amazon & Whole Foods — Counted at about $200 a month of Amazon and Whole Foods spending. We count about $96 a year, since most people don't use every dollar.
Purchase protection
Foreign transaction fee: none

Who it's for

Prime members who shop at Amazon or Whole Foods every month
A no-fee card with no foreign transaction fees
Not ideal: People without Prime ($139/yr) — the rate drops to 3%
Not ideal: Anyone who rarely shops at Amazon

Can I get it?

Recommended credit: Good
Chase rules: 5/24: usually denied if you've opened 5+ personal cards (any bank) in the last 24 months. The bonus may be unavailable if you've had this card before.
Visa: Accepted almost everywhere, including Costco warehouses (Visa only).

Check the current offer at Chase

Updated Nov 4, 2026.