Chase Amazon Prime Visa: $200 Bonus, No Spend Required

Chase is offering a $200 Amazon gift card to new Amazon Prime Rewards Visa cardholders who sign up between June 11 and July 9. The credit posts immediately after approval, not after hitting a spending threshold. That is rare for a card bonus of this size.

The offer is tied to the Prime Rewards Visa, which requires an active Amazon Prime membership ($139 per year). The card has no annual fee beyond the Prime cost. It earns 5% back on Amazon and Whole Foods purchases, 2% at restaurants and gas stations, and 1% on everything else.

A separate, smaller window runs June 23 through June 26. During those four days, new applicants for the Amazon Prime Store Card get a $120 statement credit. The Store Card is a closed-loop product that works only on Amazon. It also requires Prime.

How to qualify

You need an Amazon Prime account. The application is available through Amazon's website or the Chase app. Chase will run a hard credit pull. Industry norms suggest a score of 700 or higher improves your odds. Existing Chase cardholders may face the 5/24 rule – Chase typically denies applications if you have opened five or more credit cards across all banks in the past 24 months.

The simple read vs. the better read

The simple read: take the $200, use the card, get 5% back. The better read weighs the trade-offs. The $200 bonus is real. It comes with a Prime membership cost. If you already pay for Prime, the bonus is pure profit. If you do not, the first year of membership eats $139 of the $200, leaving $61 net. The card's 5% back on Amazon purchases is attractive only if you shop there frequently. For occasional users, the bonus is the main draw.

What would confirm the setup

• You have a Prime membership.
• Your credit score supports a new card application.
• You are under Chase's 5/24 limit.
• You plan to use the card for at least a year of Amazon purchases.

What would weaken the case

• You do not have Prime and would sign up only for the bonus.
• You have opened five or more cards in the past two years.
• You already hold a card that gives 5%+ on Amazon, such as the Amazon Store Card.
• You are planning a mortgage or auto loan application soon – the hard pull and new account may temporarily lower your score.

The $120 Store Card window

The June 23–26 offer for the Prime Store Card is smaller. It requires no annual fee beyond the Prime membership. The store card is a closed-loop product, meaning it cannot be used outside Amazon. The $120 bonus is a statement credit that applies to your first purchase. If you only shop on Amazon and do not want a full Visa card, the store card may be simpler. The bonus is $80 smaller than the Visa offer.

Should you apply?

If you are a regular Amazon shopper with a Prime membership and a clean credit profile, the $200 Visa bonus is straightforward. The card earns well on Amazon and has no annual fee beyond the Prime cost. The sign-up bonus is instant, which is rare. Most travel cards require spending $3,000 to $5,000 for a similar bonus. Here, the credit is yours as soon as Chase approves the application.

The application window closes July 9. The separate $120 Store Card window runs June 23 through June 26. Both are available through links on Amazon and Chase.