You may already be aware that in order to apply for a credit card, you must have a high credit score. By signing up for Chase Credit Journey®, you can obtain your credit score and learn more about what it means. Both the terms of the credit card and your chances of approval can be enhanced by having a high credit score.
You might be wondering what score you need to obtain a credit card and how you can have a credit score even if you don’t have one. In this article, you will learn:
Ready to unlock the world of Amazon rewards and benefits?
The Amazon Prime Rewards Visa Signature Card and the Amazon Rewards Visa Signature Card offer a plethora of perks for frequent Amazon shoppers. But before you hit the “apply” button you might be wondering: what credit score do you need for an Amazon credit card?
Do not fear, my friend! I have searched the entire internet for the best guide on the chances of getting approved for an Amazon credit card.
Let’s dive in!
Amazon Prime Rewards Visa Signature Card: Your Gateway to Prime Perks
This card is a Prime member’s dream come true, offering a whopping 5% back on Amazon purchases 2% back at restaurants, gas stations, and drugstores and a $100 Amazon gift card upon approval.
But what about the credit score requirement?
Here’s the deal:
- Good credit (670-739): This is the sweet spot for approval. You’ll have a strong chance of getting the card with a good credit score.
- Fair credit (580-669): It’s possible to get approved with fair credit, but it’s not guaranteed. You may need a higher income or a longer credit history to compensate.
- Bad credit (below 580): Unfortunately, it’s highly unlikely you’ll be approved with bad credit.
Remember: These are just general guidelines. Your actual approval odds will depend on your individual credit profile, including your income, debt, and credit history length.
Amazon Rewards Visa Signature Card: A Non-Prime Alternative
If you don’t have Amazon Prime, don’t worry! The Amazon Rewards Visa Signature Card still provides lucrative benefits, such as 3% cash back on Amazon purchases and 2% cash back at restaurants, gas stations, and pharmacies.
The credit score requirement for this card is similar to the Prime version:
- Good credit (670-739): This is the ideal credit score for approval.
- Fair credit (580-669): You may have a chance of getting approved with fair credit, but it’s not guaranteed.
- Bad credit (below 580): Approval is highly unlikely with bad credit.
Boost Your Credit Score for Amazon Card Approval
There are things you can do to raise your credit score if it’s not quite where it should be:
- Pay your bills on time: This is the single most important factor in your credit score.
- Keep your credit utilization low: Aim for a credit utilization ratio of 30% or less.
- Dispute any errors on your credit report: This can help remove negative marks that are dragging down your score.
- Become an authorized user on a credit card with good credit: This can help you build credit history without having to open a new account.
With a little effort, you can boost your credit score and increase your chances of getting approved for an Amazon credit card.
Additional Resources
- Amazon Prime Rewards Visa Signature Card: https://www.amazon.com/Amazon-Prime-Rewards-Visa-Signature/dp/B0867Z2721
- Amazon Rewards Visa Signature Card: https://www.amazon.com/Amazon-Rewards-Visa-Signature/dp/B0867Z1Y23
- Credit Score Requirements for Amazon Credit Cards: https://wallethub.com/answers/cc/amazon-prime-rewards-visa-signature-card-approval-odds-1000358-2140678573/
- How to Improve Your Credit Score: https://www.nerdwallet.com/article/finance/how-to-improve-credit-score
Frequently Asked Questions
Q: Can I get an Amazon credit card with no credit?
A: It’s highly unlikely you’ll be approved for an Amazon credit card with no credit. You’ll need to have at least some credit history to qualify.
Q: What other factors besides credit score affect approval?
A: Your chances of being approved will also be based on your income, debt, and length of credit history.
How long does it take to receive an Amazon credit card approval?
A: You’ll usually receive a decision within a few seconds of applying.
Getting an Amazon credit card can be a great way to save money on your everyday purchases. By understanding the credit score requirements and taking steps to improve your credit, you can increase your chances of approval.
Happy shopping!
Cards for those with an average credit
Compared to someone with no credit history, you might have more options if your credit score is average (roughly 650). Premium cards have more features and benefits, so you might be able to get approved for them. However, these cards might have a lower credit limit and higher interest rates.
Types of credit cards
There are several kinds of credit cards you can apply for depending on your credit score. You can assess your eligibility and suitability for these cards by being aware of the fundamental information they provide. Let’s explore them more below.