Amazon Credit Card 2020 Review

Table of Contents

Introduction

Amazon Pay and ICICI Bank launched a new co-branded credit card for allowing the Amazon Prime Customers for availing reward points. Amazon Credit Card will provide the primary attraction to offer various unbolt bonus items. Each bonus has Rs. 1 value and will never expire. There is no annual charge and membership fee and lifetime free charge credit card.

They will credit the amount directly from the Amazon Pay user account. Apart from that, there are no renewal fees or joining fees. The design of the card earnings mechanism will offer earnings for the entire purchase from the Amazon store online & offline. Users can gain the Amazon Pay balance with the Credits & Gift section.

Amazon Credit Card – Key Benefits

There is no charge for redeeming earnings and minimum redemption amount
Amazon Pay balance for the automatic earnings conversion will complete within the credit card’s billing cycle (2 days). Amazon account will automatically credit the applicable Amazon Pay balance. The credit card statement will reflect the earnings from your past or current billing cycles
Amazon Pay Balance is available in the form of Earnings. You can redeem the same across numerous Amazon Pay Partner merchants
The entire fuel purchases will waive off with a 1% surcharge
Earnings doesn’t have an expiry date
Amazon Credit card never offer any limits on your earnings
There is no annual fee or joining fee
Except for fuel purchases, you can also earn 1% cashback for other payments
Payment method through Amazon Pay Card will earn 2% cashback from the entire Amazon Pay Partner merchants
Non-prime cardholders are eligible to earn a 3% cashback on the entire Amazon purchases apart from payment. Earn 2% cashback on DTH & Mobile recharges, bill payments, Amazon Pay Money auto load & reload, gift cards, etc. EMI payment option & gold purchases are not eligible for any earnings
Amazon Prime Cardholders are eligible to earn a 5% cashback on the entire Amazon purchases apart from payment. Earn 2% cashback on DTH & Mobile recharges, bill payments, Amazon Pay Money auto load & reload, gift cards, etc. EMI payment option & gold purchases are not eligible for any earnings

Applying for Amazon Credit Card

You can access the most popular Credit Card Marketplace to browse and locate your new credit cards. These credit cards are provided by the top-most financial banks or institutions to match your requirements:

Open up a web browser on any electronic device and browser the Credit Card Marketplace
Within the available list, you can choose your favorite credit card that suits your requirement
Press the “Apply Now” icon
It will redirect to the appropriate financial banks or institutions official website
Now select your favorite credit card
You should fill the mandatory details within the credit card application
Ensure that you are providing the valid details for bank authentication & verification
Then, press the “Submit” icon

Please note that Amazon will not provide any details or status on your Credit card application. For further assistance, you should contact the appropriate financial bank or institution. The financial institution will decide and forward a mail to the appropriate users. Users can request for a new credit card through the Credit Card Marketplace to receive an Amazon Gift Card Incentive. Then, the credit card issues will approve the application and provide a new Amazon Gift card for utilization. If the Gift Card amount is incorrect or not yet received the card then contact the appropriate institution for assistance.

Amazon Card – Eligibility

Users must fulfill the below-mentioned eligibility criteria to apply for an Amazon Credit Card:

It is essential to show your banking & income proofs
With credit history, you must have a good repayment history
Account transfer salary with a regular income source

Banks will provide this credit card for the businessman with a regular income source, self-employed professionals, and salary person. Users should have a minimum 700 Cibil score to eligible for receiving this credit card.

Amazon Card – Offers

Amazon customers will receive exclusive offers for utilizing this Amazon Card:

Users will get waive off of 1% surcharge on fuel transactions
While dining at numerous restaurants across the globe, you can get a minimum savings of 15%
Amazon Pay Balance is in the form of earnings and get a 1% cashback for the entire purchases
Make use of this card through the Amazon Pay to get 2% cashback from various Amazon Pay Partner merchants
Amazon non-prime customers while purchasing on the official website can get 3% cashback
Prime customers while purchasing on the official website can get 5% cashback

Amazon Card – Charges & Fees

Card Replacement Fee – $1.3 or Rs. 100

Over Limit Charges – Minimum $6.4 (Rs. 500) or over-limit amount with 2.50%

Late Payment Fee – $1.3 (Rs. 100) to $9.6 (Rs. 750)

Cash Advance Fee – Minimum $3.8 (Rs. 300) or over-limit amount with 2.50%

Cash Advance Financial Charges – Annual charges around 42% up to a maximum of 45.60%

Extended Credit Financial Charges – Annual charges around 42% up to a maximum of 45.60%

Annual Fee – Free or Nil

Joining Fee – Free or Nil

Amazon Pay Account – Activation Process

If you already have an Amazon Pay account then it is much easier to shop through various third-party apps/websites. Those websites or apps will automatically accept your Amazon pay account. As a first time user, you can follow the below steps to activate your account after accepting the User Agreement:

Open up a web browser and access any partner merchant website that accepts Amazon account
Now, place an order on the website
Make use of your Amazon account credentials (email address or username and your account password) during the sign-in process
Then accept the merchant’s User Agreement
Choose the payment method by using your Amazon Pay account
It will assist to complete the entire checkout & payment processes

After successfully making the first payment, your Amazon account is activated automatically without any hassle process.

Amazon Credit Account – Payment Process

Making Amazon One-time Payment

Ensure that you link the Synchrony account along with your Amazon Store Card account.
Now, open up a web browser and access the Amazon Synchrony Bank official website
Sign in to your Amazon account
On the existing page, navigate to the “Payments” section that is located near the top right-hand side screen corner
Then choose the “View & Make Payments” option
From the list, choose any one of the following options like Others, Current Balance, Statement Balance, or Minimum Payment
Then, choose your Payment Date
Select your existing payment method
For updating the payment preferences, you can select the Update Payment or Add New Payment methods
Ensure that the details are correct and then press the “Submit Payment” icon

As a first time user, it is mandatory to provide your full Amazon account number. This is essential for completing the Synchrony account registration process to receive your account credentials.

Make Payment through Mail

It is also possible to send a money order or check to the “Amazon / Synchrony Bank”. Along with your remittance slip, you can pay the amount or monthly statement to the below address:

Amazon / Synchrony Bank,

P.O. Box – 960013,

Orlando,

FL 32896-0013.

Make Payment through Phone Call

You can contact the Synchrony Bank Customer Support Team at 1-866-634-8379. Without any charge, you can contact the Customer Service representative or automated phone system to make the payment.

Establishing a Recurring Payment

Open up a web browser and access the Amazon Synchrony Bank official website
Sign in to your Amazon account
On the existing page, navigate to the “Payments” section that is located near the top right-hand side screen corner
Then choose the “Manage Auto-pay” option
From the list, choose any one of the following options like Others, Current Balance, Statement Balance, or Minimum Payment
Then, choose your bank account and go through the “Terms & Conditions” options. It will assist in set-up or establish a recurring payment process
After agreeing to the rules & regulations, you can choose the option “Set up Auto-pay”

After establishing the recurring payment, users will receive a confirmation mail for their reference. Before the payment date, users can cancel their recurring payment option at any time.

Amazon Credit Card – Customer Support Team

Users can contact the Amazon Credit Card Customer Support team at 24*7 toll-free numbers. You can even check the credit card application status at 1800-102-0123. It is not only restricted for checking the card status, users can also know the entire card details, offers, etc.