Amazon Mastercard offers rewards and easy financing for Amazon shoppers. Applying online is quick and eliminates paperwork.
This article explains the steps to apply, eligibility, and key benefits. Learn how to get approved and start using your card fast.
What This Credit Card Offers
The Amazon Mastercard is a reward-based credit card designed for frequent shoppers. It gives cashback on purchases, with the highest rewards on Amazon orders.
There are no annual fees, making it a cost-effective option. Cardholders can also enjoy flexible payment options.
A major financial institution issues the card and works worldwide. It is a simple way to earn rewards while spending.
Who Can Get This Card?
This card is available to individuals who meet certain financial and personal criteria. A stable income and good credit history improve approval chances.
Qualifying for the Card
Applicants must meet specific requirements to be eligible. A strong credit score increases approval odds.
Residency status may affect eligibility. Age restrictions apply, ensuring responsible use.
A steady income source is usually required. Banks also check financial history before approval.
Basic Requirements
To qualify, applicants must meet these key criteria:
- Age: Must be at least 18 years old.
- Residency: A valid address in the country where the card is issued.
- Credit Score: A fair to good credit score improves approval chances.
- Income: Proof of a steady income or employment.
- Bank Account: Some banks require an active account for payments.
- Financial History: No recent bankruptcies or major unpaid debts.
Benefits of the Amazon Mastercard
This card offers rewards for frequent purchases. Cashback applies to select stores and categories.
Rewards and Cashback Offers
Cardholders earn 5% cashback on their first $3,000 spent at eligible locations. After the limit, the standard 1.5% cashback applies to Amazon and Whole Foods.
Foreign transactions earn 1% back, helping to offset fees. Everyday spending, including gas and groceries, also qualifies for 1% cashback.
Prime members receive extra benefits, increasing their cashback to 2.5% in select categories. The reward structure is simple and designed for frequent shoppers.
Extra Benefits and Features
There are no annual fees, making this card more budget-friendly. It helps cover foreign transaction fees, reducing extra charges when traveling.
Cardholders get trip assistance, including lost baggage and ticket replacement. Rental car savings are available through select partners.
Emergency return benefits provide additional security. These features make it useful for frequent travelers and online shoppers.
What is Amazon.ca Gift Card Offer?
This offer is for those applying for a new card and not closing an existing account. After approval, the gift card is loaded into the Amazon.ca account.
MBNA, a division of Toronto-Dominion Bank, issues it. The gift card is only valid for eligible items on Amazon.ca.
It cannot be resold, refunded, or used for other gift cards. Terms may change, and the offer can be canceled anytime.
How to Apply Online?
The application process is simple and can be completed in minutes. A few basic details are required for approval.
Steps to Apply
To apply, follow these quick steps:
- Sign in to your Amazon account.
- Click on the application link for the credit card.
- Fill out the required information, including personal and financial details.
- Review the terms and conditions before submitting.
- Wait for instant approval or further verification.
- If approved, the card will be sent to the provided address.
Online Application Form
The form requires basic personal details, including name and address. Employment and income information must be provided for eligibility.
A credit check is performed to assess approval chances. The system may request additional documents if needed.
If approved instantly, the card can be used online immediately. A physical copy will be mailed for regular transactions.
Interest Rates and Fees
This card has no annual fee, making it more affordable. Interest rates apply to purchases, cash advances, and balance transfers.
APR for Purchases, Cash Advances, and Penalties
The purchase interest rate is 19.99%, applied when balances are carried. Cash advances and balance transfers have a higher rate, at 22.99% for non-Quebec residents and 20.99% for Quebec.
Interest starts accruing immediately on cash advances. Late payments may lead to penalty interest rates.
Keeping balances low helps avoid unnecessary interest charges. Paying in full each month prevents interest accumulation.
Extra Fees to Consider
Late payments may result in higher penalty rates and additional charges. Foreign transactions could include a conversion fee and increasing costs.
Balance transfers still accrue interest, even if they help consolidate debt. Cash advances come with instant interest, making them costly.
Over-the-limit fees apply if spending exceeds the set limit. Reading the terms carefully prevents unexpected costs.
Tips for Application
Getting approved requires meeting basic criteria. These simple steps can help improve approval chances:
- Check your credit score before applying.
- Ensure you have a steady income to meet financial requirements.
- Fill out the application carefully to avoid mistakes.
- Avoid applying for multiple cards at once, which may lower your score.
- Read all terms to understand the interest rates and fees.
- Use a valid address and contact details for quick verification.
How to Manage Your Card?
Responsible use helps maintain good credit and avoid extra costs. Follow these best practices to manage your account effectively:
- Pay on time to avoid penalties and interest.
- Keep your balance low to maintain a good credit score.
- Set up auto-pay to prevent missed payments.
- Monitor your statements for fraudulent charges.
- Avoid cash advances, as they have higher interest rates.
- Contact customer support if you face any payment issues.
Bank Contact Information and Address
Customer support is available for inquiries and assistance. Contact details include a toll-free number and a mailing address.
The customer service number is 1-800-346-5538 for any questions. Mail inquiries can be sent to Synchrony Bank / Amazon, P.O. Box 960013, Orlando, FL 32896-0013.
Support is available during business hours for card issues, payments, or disputes. Calling the number ensures faster resolution of account concerns.
Written inquiries may take longer to process. Always use the correct contact details to avoid delays.
Final Thoughts: The Best Way to Apply for Amazon Mastercard
Applying online for the Amazon Mastercard is a quick and simple process. Meeting eligibility criteria and understanding interest rates can help with approval.
Responsible use ensures maximum benefits without extra costs. Review all terms before applying to make an informed decision.
Disclaimer: Financial terms and conditions may change based on the issuing bank’s policies. Verify details directly with the bank to avoid misunderstandings.