Amazon will give you $70 and rewards when you sign up for a credit card

Amazon Packaging
Flickr | William Christiansen

The products and services mentioned below were selected independent of sales and advertising. However, Don't Waste Your Money may receive a small commission from the purchase of any products or services through an affiliate link to the retailer's website.

Amazon is everywhere these days.

With two-day shipping for Prime members and millions upon millions of item, it’s almost impossible not to shop there.

Well, Amazon wants to make your next shopping experience even cheaper by giving you $70 when you sign up for the company’s new credit card. The Amazon Prime Rewards Visa Signature card is for Prime members only, so if you want to take advantage of this deal, you’ll have to sign up.

Though a Prime membership is $99, you’ll get $70 back right away once approved for the card. Plus, Prime practically pays for itself with the free two-day shipping, unlimited photo storage, free music streaming, access to TV shows and movies, free workout videos—the list goes on.

Plus, the credit card comes with some other pretty sweet rewards, too.

You can get:

  • 5 percent cash back on Amazon purchases
  • 2 percent back at restaurants, gas stations and drug stores
  • 1 percent back on all other purchases.

Zach Honig, editor of credit card rewards website The Points Guy, told MarketWatch the new card is “a very simple option for getting the greatest return on Amazon purchases.”

“If you want something really straightforward, one card to use for all Amazon purchases, this is the way to go,” he told MarketWatch.


If you’re already doing most of your shopping on Amazon, this card just makes sense—you’ll get 5 percent back on all the stuff you’d be ordering anyway.

RELATED: This couple is on track to retire before they turn 40—Here’s how they’re doing it

About the Author

Sarah Kuta

Sarah Kuta is an award-winning writer and editor based in Colorado. She writes regularly about how to find deals, save money and find side gigs. Reach her at Learn More.