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The Amazon Prime Visa gift card bonus is now $150—just in time for Prime Day in June

New Amazon Prime Rewards Visa cardholders receive a $150 gift card added to their Amazon balance. Here's why that's great news for Prime Day on June 21-22.

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The offer mentioned below is no longer available. Check out Select's Best Credit Cards for Shopping on Amazon for other great ways to save. Amazon Prime Day will take place on June 21 and 22 this year.

Don't worry, there's still time to plan ahead to find savings and deals, and more credit cards are offering customers a chance to get in on the action.

Notably, new customers signing up for the Amazon Prime Rewards Visa Signature Card, offered through Chase, can get a $150 gift card instantly upon approval. That's $50 more than its previous gift card welcome bonus, which was $100. 

The Amazon Prime Rewards Visa Signature is known for its robust cash-back program that helps you save money on everyday expenses. Cardholders earn 5% cash back for all purchases made at Amazon.com and Whole Foods, 2% cash back on purchases made at restaurants, gas stations and drugstores, and 1% on all other eligible spending. 

If you're already a Prime member looking to maximize your savings year-round, signing up for the Amazon Prime Rewards Visa is arguably a no-brainer. But if you're thinking of enrolling in Prime before June 21, the $150 Amazon.com gift card can offset the $119 cost of one year's Prime membership.

Unlike other welcome bonus offers that require a minimum spend to qualify, the $150 Amazon.com gift card is yours instantly upon approval. The $150 is added to your Amazon payment balance for you to use at checkout.

The Amazon.com gift card is only awarded to new cardholders, and it cannot be used for other gift card purchases. 

If you're not interested in signing up for a year of Prime but still want to earn cash back on your Prime Day spending, there's no cost to sign up for a 30-day trial Prime membership (after which it's $12.99 per month, $6.49 for students). 

Consider applying for the Amazon Rewards Visa Signature Card, which doesn't require you to have a Prime membership, and signing up for a 30-day Prime membership with no commitment. 

The Amazon Rewards Visa Signature Card offers 3% back at Amazon and Whole Foods (compared to 5%), along with 2% back at restaurants, gas stations and drugstores and 1% on all other purchases.

New Amazon Rewards Visa Signature Card customers get a $50 Amazon gift card once their application is approved. If you later decide to become a Prime member, you'll be upgraded to the Prime version of this card, but you won't qualify for the $150 Amazon gift card welcome bonus.

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Information about Amazon credit cards has been collected independently by Select and has not been reviewed or provided by the issuer prior to publication; if you purchase something through Select links, we may earn a commission.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.
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