Last updated on September 6th, 2023
Chase and Amazon are changing the popular Amazon Prime Rewards credit cards. The refresh will see minor changes coming to the card, with the 2% back on drugstores removed and replaced with more versatile rewards, starting in May. Here’s everything you need to know about the upcoming changes to the Amazon credit cards from Chase.
Chase Making Changes to Amazon Visa Cards
The Amazon credit cards from Chase are among the most popular rewards credit cards for online shopping. That popularity stems from the versatility the cards offer on everyday purchases. Cardholders earn cash back on the following purchases:
|Amazon Prime membership required?||Yes||No|
|Rewards||Earn 5% back on Amazon.com and Whole Foods Market purchases||Earn 3% back on Amazon.com and Whole Foods Market purchases|
|Earn 5% back on purchases made through Chase Travel||Earn 3% back on purchases made through Chase Travel|
|Earn 3% back on purchases at restaurants, gas stations, and drug stores||Earn 2% back on purchases at restaurants, gas stations, and drug stores|
|Earn 2% back on local transit and commuting, including rideshares||Earn 2% back on local transit and commuting, including rideshares|
|Earn 1% back on all other purchases||Earn 1% back on all other purchases|
|Annual fee||No annual fee||No annual fee|
Now, Chase is making changes to the two Amazon credit cards. Effective May 1, 2023, the changes have been unveiled in an email notice to current cardholders.
On that date, the 2% back on drugstores benefit will be discontinued, with 2% back on local transit and commuting, including rideshares replacing it. Additionally, cardholders will earn 5% back on purchases made through Chase Travel with a valid Amazon Prime account.
The changes take the Amazon Rewards Visa closer to Chase’s proprietary credit cards. For example, Chase Freedom Flex and Freedom Unlimited already earn 3% back on drugstore purchases, making the new changes ideal for the Amazon cardholder with multiple Chase cards.
About the Amazon Rewards Visa Signature
The new bonus categories on the Amazon credit cards are a great boost for those who really want to get the most out of their credit card. The cards, one which requires a Prime membership and one that does not) offers far more than just excellent cash back rewards at Amazon, Whole Foods, and elsewhere.
Cardholders also enjoy special promotional financing on eligible Amazon purchases. Instead of cash back, cardholders can enjoy a 0% promo APR for 6-12 months on purchases $50 or more. Even better, cardholders earn 10% back or more on a rotating selection of items and categories on Amazon.
The Amazon Rewards and Prime Rewards Visa cards also provide Visa Signature benefits and protections, including Zero Fraud Liability, reimbursement for lost luggage, car rental damage waivers, and roadside assistance. Here’s a full list of Visa Signature benefits:
|Zero Fraud Liability||Cardholder Inquiry Services||Emergency Card Replacement||Luxury Hotel Collection||Extended Warranty Coverage|
|Roadside Dispatch||Lost/Stolen Card Reporting||ID Navigator from Norton||Travel & Emergency Assistance|
Related Article: The Best Credit Cards for Amazon Prime Day