If you love to shop at Amazon.com, the high cash back rewards you can earn with the Amazon Prime Rewards Visa Signature Card will likely appeal to you.
However, if you like to shop at stores beyond this one retailer, and you want the opportunity to choose your bonus category each month, you may be better off with the Bank of America® Customized Cash Rewards credit card.
But, which rewards card offers the best value for your money? Let’s dig in and find out.
Main details
| Welcome bonus | $100 Amazon gift card instantly upon approval | $200 online cash rewards after spending $1,000 within the first 90 days of account opening |
| Rewards rate |
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| Intro APR | N/A | 0 percent for 15 billing cycles |
| Annual fee | $0 ($119 Amazon Prime membership required) | $0 |
Amazon Prime Rewards Visa Signature vs. Bank of America Customized Cash Rewards highlights
Both of these cash back credit cards offer generous rewards for your money, but each one stands out in different categories.
The following benefit comparisons may help you decide whether Amazon Prime Rewards or Customized Cash Rewards is the best card to meet your needs.
Welcome bonus winner: Bank of America Customized Cash Rewards
The sign-on bonus for Bank of America Customized Cash Rewards stands out by offering $200 online cash rewards after spending $1,000 within the first 90 days of account opening. While this isn’t the most lucrative welcome offer, it doubles the value of its Amazon counterpart. Also, the spending threshold is easy to reach, and you don’t have to pay an annual fee.
The Amazon Prime Rewards Visa Signature card offers a $100 Amazon gift card upon approval with no spending requirements. While we like the instant bonus, the $100 gift card value falls below the usual $150 to $200 floor of most sign-up bonuses in the marketplace. And while the Amazon Prime Rewards card comes with no annual fee, you must have an Amazon Prime membership, which costs $119 per …….