Chase
Prime Visa
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | 150 Amazon Gift Card |
| Rewards Rate | 1% to 5% Cash Back |
| Regular APR | 18.74Min. of (6.75+11.99) and 29.99%–27.49Min. of (6.75+20.74) and 29.99% variable APR |
| Other Fees | Roadside service fees will be billed to your card at time of dispatch. |
| Network | Visa |
About this card
The Prime Visa earns an overall rating of 4.1 out of 5.0, placing it firmly in the 'Excellent' category. This card is an outstanding choice for its target audience: Amazon Prime members who frequently shop at Amazon.com, Amazon Fresh, or Whole Foods Market. Its rewards program is exceptionally strong, offering an unlimited 5% back in these categories, complemented by a solid 2% on gas, restaurants, and local transit, and 1% on all other purchases. The card further distinguishes itself with an excellent fee structure, featuring no annual fee and no foreign transaction fees, which significantly enhances its value proposition. The $150 Amazon Gift Card sign-up bonus, instantly credited upon approval with no spending requirement, is also a highly attractive perk. The card's reputation, bolstered by its association with Chase and Amazon, is very strong, and it consistently appears on 'best of' lists for online shopping and store cards. Its features, such as flexible redemption options and comprehensive travel/purchase protections, add to its appeal. For cardholders who consistently pay their balance in full, this card delivers exceptional value. However, the Prime Visa has a significant drawback in its APR. With a regular variable APR ranging from 18.74% to 27.49%, and no introductory APR offer, it can be very costly for cardholders who carry a balance. This high APR is particularly notable given the card targets individuals with 'Good' credit. Additionally, while expected for a co-branded card, the need for an active Amazon Prime membership to unlock the full 5% reward rate is a prerequisite. The rewards also do not integrate with the broader Chase Ultimate Rewards program, which might be a minor consideration for some. In summary, the Prime Visa is an excellent product for its niche, offering industry-leading rewards and a consumer-friendly fee structure. Its main limitation is the high APR, which heavily impacts those who do not pay their statement balance in full each month. This crucial weakness prevents it from achieving an 'Exceptional' 5.0 rating, despite its many strengths. Overall, its strengths for its target user outweigh this singular weakness for the right consumer.
Pros & Cons
What's great
- No annual fee
- Generous sign-up bonus
- High rewards rate
- Cashback on purchases
- Rotating bonus categories
- No foreign transaction fees
- Travel and purchase protections
Things to consider
- High regular APR
- No intro APR period
- Requires Prime membership for full benefits
What this card offers
Sign-up bonuses
- $150 Amazon Gift Card on approval
- Prime members, get a $150 Amazon Gift Card instantly loaded into your Amazon account's Gift Card Balance on approval of your credit card application.
Rewards
- Earn unlimited 5% back at Amazon.com, Audible.com, Whole Foods Market, and on Chase Travel purchases with an eligible Prime membership.
- Earn unlimited 2% back at gas stations, restaurants, and on local transit and commuting (including rideshare).
- Earn unlimited 1% back on all other purchases anywhere Visa is accepted.
- Eligible Prime cardmembers earn 10% back or more on a rotating selection of items and categories on Amazon.com. Limited-time offers.
Other features
- Redeem your points as soon as the next day with daily rewards.
- You'll see your rewards balance during checkout at Amazon.com. Use your rewards to pay for part or all of your purchase. There's no minimum rewards balance to redeem.
- You can also redeem for cash back, gift cards, and travel at Chase.com.
- You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
- Extended Warranty Protection Extends the time period of the manufacturer's U.S. warranty by an additional year, on eligible warranties of three years or less, up to four years from the date of purchase.
- Purchase Protection Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $500 per item.
- Baggage Delay Insurance Reimburses you up to $100 a day for up to 3 days for essential purchases like toiletries and clothing when baggage is delayed over 6 hours.
- Zero Liability Protection Zero Liability means you won't be held responsible for unauthorized charges made with your card or account information.
- Roadside Assistance If you have a roadside emergency, call the service provider to dispatch the help you need.
- Travel Accident Insurance When you pay for your air, bus, train or cruise transportation with your card, you are eligible to receive up to $500,000 in accidental death or dismemberment coverage.
- Lost Luggage Reimbursement Provides reimbursement up to $3,000 per covered traveler for the cost to repair or replace checked or carry-on baggage that is lost, damaged or stolen during a covered trip.
- Auto Rental Coverage Decline the rental company's collision insurance and charge the entire rental cost to your card. Coverage provides reimbursement for theft and collision damage for most rental vehicles. In the U.S., coverage is secondary to your personal insurance.
- Travel and Emergency Assistance If you run into a problem while traveling away from home, this benefit provides legal and medical referrals and access to other travel and emergency assistance services. (You will be responsible for the cost of any goods or services obtained.)
- Contactless - Just Tap To Pay For fast, easy and secure checkout simply tap to pay where you see the Contactless symbol.
Additional Notes
Prime Visa credit cards are issued by JPMorgan Chase Bank, N.A. Member FDIC. Accounts subject to credit approval. Restrictions and limitations apply. Offer subject to change.