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Hanover Mortgages

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Tag: amazon prime credit card

Posted on February 19, 2021

New Amazon Chase Visa Credit Card Signup Bonus: $70 + 5% Back on $2,500 in Purchases

The Offer

Direct Link to offer

  • Signup for a new Amazon Prime Rewards Visa Signature card from Chase and get 5% back on all non-Amazon purchases during the first 3 months, on up to $2,500 in purchases. Plus, get a $70 Amazon gift card instantly upon approval.

Our Verdict

Reader James sent this in, I’m assuming this is only showing for Prime members; not sure if it’s showing for all Prime members or only some. All in, you’ll land up with $70 + $125 after meeting the spend = $195 which is much more than the typical deal of more like $50 – $150 gift card bonus (usually not more than $100). I’d value this less than $195 since I’d anyway be earning 2-3% on the $2,500 in spend, so I’d calculate the ‘real’ value of the $195 signup bonus as more like $130. Still a decently good deal if you’d be interested in getting the card anyway for the 5% Amazon/WholeFoods earn and assuming you don’t find the spend burdensome.

Source: doctorofcredit.com

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