Amazon Secured Card
Synchrony Bank
Annual fee
$0
Rewards rate
2%-0%
Welcome Bonus
N/A
Apply Now →on Synchrony Bank's website
Regular APR:10% Fixed APR
- 2%Cash back on eligible Amazon.com purchases for Prime members
Welcome Bonus:
N/A
Reward Rate:
The Amazon Secured Card offers 2% back on all eligible Amazon.com purchases for Prime members.
APR:
10% Fixed APR
This card is particularly appealing for Amazon shoppers, as it allows Prime members to earn cash back on their purchases while building credit with a low fixed APR.
Pros:
- No annual fee
- Low fixed APR
Cons:
- Requires a security deposit of $100-$1,000
- Limited rewards for non-Prime members
The Amazon Secured Card may be suitable for individuals looking to build or rebuild their credit while taking advantage of cash back rewards on Amazon purchases, particularly for Prime members. With no annual fee and a straightforward rewards structure, it offers a practical option for those who frequently shop on the platform and are willing to secure their credit line.