Use These Amazon Credit Cards to Get Rewarded for Your Amazon Purchases

If you have an Amazon credit card in your wallet, you have access to a great tool to help you build your business. A credit card is an easy way to make everyday business purchases like printer paper and that ergonomic standing desk for your home office. But it also gives you access to revolving credit so that you can ensure bills and vendors get paid on time. 

Having a business credit card isn’t just for big businesses, either. Entrepreneurs just starting their first FBA business and seasoned Amazon business professionals alike can all benefit from a business credit card. 

A dedicated Amazon business credit card can help you keep your personal and business financials separate. But credit cards also come with an array of ongoing bonuses and perks that reward you for your business purchases throughout the year.

With so many different Amazon business credit card options available, finding the right one to put in your wallet can be overwhelming. In this article, we’ll cover everything you need to know about Amazon business credit cards, including:

• How to decide which Amazon credit card is the right fit for your business
• The requirements for applying for an Amazon credit card 
• How you can build your credit with an Amazon business card
• The Amazon credit card rewards you want to take advantage of as an entrepreneur 

What’s the right Amazon credit card for your business?  

When you’re building your business, you want a credit card that works for you and helps you meet your business goals and dreams. The key factors to pay attention to when choosing your business credit card include:

• Intro bonuses 
• Interest rates
• Rewards
• Fees associated with the card
• Credit requirements for applying

When applying for a credit card, you’ll have the choice between a business credit card or a personal credit card that you utilize for business expenses. Unlike personal credit cards, business cards also come with perks like additional free cards for your employees, perks for your business travel, and discounts on business services. 

The best business and personal credit cards for entrepreneurs making regular Amazon purchases include:

• American Express Amazon Business Prime Card
• American Express Amazon Business Card
• Visa Signature Amazon Prime Rewards Card
• Visa Signature Amazon Rewards Card

Amazon Business Prime American Express Card

If you’re looking for a card that rewards your business Prime purchases, look no further than the Amazon Business Prime American Express Card. The card rewards you specifically for your Amazon Business, AWS, Amazon.com, and Whole Foods Market purchases. 

American Express also offers intro bonuses for this business card, including a $125 Amazon gift card upon approval. APR on purchase will be a variable rate—18.49% – 26.49% based on your creditworthiness. Good or excellent credit is recommended for the application process. 

There are no annual fees associated with the Amazon Business Prime American Express card, and you won’t be charged a foreign transaction fee from American Express when using the card either. 

Main benefits and rewards with Amazon Business Prime American Express Card include:

• The choice between 5% back rewards or 90 day payment terms on US purchases at Amazon.com, Amazon Business, AWS, and Whole Foods Market
• With rewards that don’t expire, you can redeem points at checkout at Amazon.com and Amazon business or apply the points to your card statement
• Amazon Business Enhanced Data Views that allow you to access to enhanced data views and business purchase information within a downloadable file 

The main disadvantages of the Amazon Business Prime American Express Card is that it is only available for Amazon Prime members. Business Prime memberships start at $69 a year and the cost increases when additional employees are added to the Prime membership. This card also does not offer a 0% introductory APR.

Amazon Business American Express Card

If you’re building your business and you don’t have an Amazon prime membership, the Amazon Business American Express card can be a great option. You can still earn rewards for your Amazon purchases, but you also have the option to skip the rewards and choose interest-free payment terms. 

American Express offers business owners a $100 Amazon gift card as an intro bonus. Just like the Amazon Business Prime card through American Express, APR purchase will be a variable rate—18.49% – 26.49% based on your creditworthiness. Good or excellent credit is recommended for the application process. 

You won’t pay any annual fees to use this card, and your foreign purchases are free of fees, too.

Other benefits and rewards with Amazon Business American Express Card include:

• Amazon rewards without the additional cost of an Amazon Prime membership
• The choice between 3% back rewards or 60 day payment terms on US purchases at Amazon.com, Amazon Business, AWS, and Whole Foods Market
• Your rewards don’t expire and you can redeem reward points at checkout at Amazon.com and Amazon business or apply the points to your card statement
• Amazon Business Enhanced Data Views that allow you to access to enhanced data views and business purchase information within a downloadable file 

On the other hand, the main disadvantages of the Amazon Business American Express Card is a shorter 0% APR period of sixty days. Also, after you earn your 3% back on Amazon purchases on the first $120,000 worth of purchases, you only earn 1% cash back, which is low compared to other business credit rewards. 

Amazon Prime Rewards Visa Signature Card

Maybe you’re a business owner who doesn’t need to build business credit or an entrepreneur who doesn’t qualify for a business credit card. But if you still want high rewards for your Amazon purchases, the Amazon Prime Rewards Visa Signature Card is a good personal credit card option. The card does require applicants to have an Amazon Prime membership.

Upon approval, the intro bonus is immediate access to a $100 Amazon gift card. Cardmembers can choose to earn 5% back or 0% APR for 6-18 months on purchase of $50 or more. After the 0% promotional period ends, a variable APR of 18.49% to 26.49% applies. Visa recommends that applicants have good to excellent credit scores when applying. 

There are no annual or foreign purchase fees associated with the Amazon Prime Rewards Visa Signature card. This card is great for business travel, offering travel and emergency assistance, lost luggage reimbursement, baggage delay insurance, and travel accident insurance. 

Other benefits and rewards with Amazon Prime Rewards Visa Signature Card include:

• Ongoing 5% back at Amazon.com, physical Amazon stores, and Whole Foods Market, 2% back at restaurants, gas stations and drugstores and 1% back on all purchases 
• Cardmembers can earn 10% back or more on a rotating selection of items and categories on Amazon
• Roadside dispatch and auto rental collision damage waivers
• Purchase protection and extended warranty protection 

Because this card is a personal credit card, it isn’t the best option for business owners looking to build or boost their business credit score. It also requires you to have an active Amazon Prime Membership, which starts at $119 annually. 

Amazon Rewards Visa Signature Card

Finally, for entrepreneurs without Amazon prime who are looking for a personal credit card that rewards them for Amazon purchases, there’s the Amazon Rewards Visa Signature Card. 

There are currently not any introductory bonuses associated with this credit car. A variable APR of 15.74% to 23.74% applies. Good to excellent credit scores are recommended for applications.  

There are no annual or foreign purchase fees associated with the Amazon Rewards Visa Signature card. You can redeem points on Amazon, but also redeem them through Chase for cash back, gift cards, or travel rewards. 

Other benefits and rewards with Amazon Prime Rewards Visa Signature Card include:

• Ongoing 3% back at Amazon.com, physical Amazon stores, and Whole Foods Market, 2% back at restaurants, gas stations and drugstores and 1% back on all purchases 
• No limitations on earning rewards
  

You won’t be able to build business credit with this card, so if that’s a goal of yours, this card comes with disadvantages. Although you don’t need an Amazon Prime membership to earn rewards on your Amazon purchases, you do earn 2% less on Amazon purchases than with the Prime version of this card. 

Amazon Pay by Invoice

Another option to consider is the Pay by Invoice feature for Amazon Business owners. Pay by Invoice gives you an extended due date for payments by purchasing on credit. This allows you to improve your cash flow and streamline purchases and payment processes. 

The typical Pay by Invoice agreement includes thirty day payment terms and on-demand invoices. If thirty days isn’t enough time, you can extend payment plans through the Business Prime membership plan.

If your Amazon Business account is approved for Pay by Invoice, Amazon will send you an email with steps to activate your credit line. The line remains open for a limited time, and will close if you choose not to activate it.  

Applying for your Amazon credit card

Once you’ve decided which Amazon business card is for you, you’re ready to begin the application process. Credit card applications don’t take up too much of your time, and you will know whether you’re approved or not within a few minutes. 

What documents do you need to gather for a business credit card application? 

Business credit card applications usually ask for the following information:

• Legal business name
• Business name that you’d like to appear on the card
• Whether or not your business has a Doing Business As (DBA) name that is different from the legal business name
• Business address 
• Phone number associated with the business
• Annual business revenue
• Estimated monthly spend
• Number of employees
• Business industry type
• How many years you’ve been in business
• Whether your company is a sole proprietor, partnership, or corporation
• Your role within the company
• Work email and phone number

During the application process, you might be asked to share personal information such as your annual income, what portion of your income is non-taxable, and personal contact information.  

After you submit the application, the credit card company uses the information you’ve shared to make a credit decision. If you don’t already have an Amazon Business account, Amazon uses this information to initiate the registration process for Amazon Business.

Applying for a personal Amazon credit card  

If you decide to apply for a personal credit card that you’ll use for business expenses, the application process will look different than a business credit card application. 

For a smooth and quick application process, have the following information handy:

• Your legal name
• Home address
• Phone number
• E-mail address
• Your social security number
• Date of birth
• Type of residence
• Primary source of income
• Total gross annual income

During the application process, you can also decide if you want to add authorized users to your account, set your security questions, and how you prefer the credit card company to communicate with you.

Once you submit the application, the credit card company will make their credit decision. If you’ve selected a card that includes introductory perks like Amazon gift cards, you’ll receive those bonuses immediately upon approval. 

What about credit scores?

We mentioned that credit card companies recommend “good” or “excellent” credit scores for application approval. But what exactly do those terms mean?

Your credit score is a number that represents how likely you are to repay a lender in a timely fashion. Usually credit scores range from 300 to 850. 

If your credit score is between 670-739, it’s considered good. This means credit card companies and banks consider you a low-risk borrower. Credit scores between 740-799 are very good and usually indicate that you’ve had positive credit use historically. Finally, excellent credit scores fall somewhere between 800-850. 

It’s important to remember that your credit score isn’t the only thing that credit card companies use to make a decision about your credit card application. Other factors they’ll take into consideration include:

• If you have any accounts past due
• How many times credit card companies have done credit checks for applications you’ve submitted
• What percentage of your available credit that you’ve utilized in the past
• Your income in comparison to your debt
• The overall length of your credit history

If your credit score is below the recommended range, it’s important to remember that your credit score isn’t an unchangeable number. You can improve your credit score by lengthening your credit history, paying credit card bills on time, and lowering your credit utilization rate.

Can Amazon business credit cards help you boost your business credit?

Having good or excellent business credit can open doors to opportunities like better loan terms, lower insurance rates. When you have an Amazon credit card for your business, you can earn bonuses and rewards all while building your credit. 

To ensure that your Amazon business credit card is helping build your credit, prioritize:

• Paying off your Amazon credit card in full each month
• Keeping the balance on the card low
• Making payments to the creditor on time

Your payment history is one of the biggest factors that impacts your business credit score. So while having a business credit card is the first step to building your credit, making payments on time or even early can boost your score, too. 

Keeping your credit utilization low (less than 30%) also can help you build your business credit while taking advantage of all of the perks that Amazon business cards offer. 

What if my credit is too low to qualify for an Amazon credit card?

Many credit card companies look at your personal credit score and credit history to decide whether or not you qualify. If your credit is low, your application may be rejected.

Don’t let a credit card application rejection discourage you, though. There are many ways you can build your personal credit, including:

• Keeping the balance on your personal credit cards low
• Negotiating for higher credit limits on your personal credit cards to decrease your credit utilization 
• Paying all of your bills on time
• Monitor your credit score and report any errors that you se

Another option if your credit card is low is to apply for a secured business credit card. These cards typically require you to put a security deposit down. After you establish good credit history with the company by making regular payments, you can usually upgrade to an unsecured card. 

Don’t miss out on these Amazon business credit card rewards

There are many advantages to having a business credit card in your pocket. You have a convenient way to pay for business purchases, you minimize your cash flow problems. Plus, having a dedicated card for business expenses can streamline your accounting. 

But there are also advantages specific to Amazon credit cards that you’ll want to take advantage of, including:

• Earning money back when you shop on Amazon
• Using your reward points to fund business purchases

Earn money back when you shop on Amazon

When you shop for your business on Amazon, your package arrives at lightning speed and you earn money back with every purchase at Amazon.com, Whole Foods, Amazon Business, and AWS.

Take full advantage of this credit card perk by making your Amazon business credit card your default card in your Amazon account. When you go to check out, it will be easy and convenient to make sure you’re always purchasing with your Amazon card. 

Don’t forget that in addition to getting rewarded for your Amazon purchases, you can also earn rewards for paying your bills at restaurants, gas stations, drug stores.

Use your Amazon rewards to invest in your business 

Some of the cards we listed above allow you to redeem your points for miles or cashback. If you travel for your business, this could be a great way to use your credit card points. But you can also use those points to fund your purchases on Amazon and invest in your business. 

Simply redeem your available Amazon Rewards Points on the items in your cart during checkout at Amazon.com and Amazon Business. You can use any amount of your rewards points on any purchase. Then, if there’s a balance remaining after you redeem your rewards, charge the balance to your Amazon credit card to keep earning rewards!

Conclusion 

There’s something exciting (and official!) about having a credit card with your business name stamped on the front. Having a business credit card comes with many advantages, including the fact that it can help you build your business credit. Before you fill out the credit card application, take the time to review all of the payment terms, credit limits, account features, reward details, bonuses, and any other card terms and features.

Make sure to define what matters to you when it comes to an Amazon business credit card. It could be that you need a large credit limit because of the size of your company, or that you want a card that rewards you for your recurring expenses. The best business credit card for you is one that helps you reach business goals all while helping you grow your business!