Getting 2.5% back at Whole Foods Market is great if you happen to shop there, but with the prices they charge, 2.5% back won’t even seem like much. Remember, this credit card has no annual fee so it can really benefit you to sign up. This is a great way to get some extra rewards if you have some large purchases coming up.

Speaking of 5%, you will earn 5% back at Amazon.ca, grocery stores and restaurants for the first six months, up to $3,000 in eligible purchases. American Express Membership Rewards points are also significantly more valuable since they can be used for the fixed travel program or transferred to Aeroplan or Marriott Bonvoy. You’d have to purchase Amazon gift cards at grocery stores where you earn 5 Membership Rewards points per $1 spent which may seem like a lot of hassle, but those points can add up. That said, you could technically earn up to 5% in points back on your Amazon purchases if you used your American Express Cobalt Card. I should note that you’re not earning cash-back, you earn Amazon Rewards but since it takes 2,000 Amazon Rewards to claim a $20 Amazon.ca gift card, the program is similar to cash back. It’s honestly tough to beat 2.5% back on Amazon purchases since they don’t typically fall into a merchant category that gives you a higher percentage of cash back. 1.5% back per dollar spent at Amazon.ca, Whole Foods Market, physical amazon stores (no forex earn)Īs you can see, the card is clearly aimed at people who do a lot of their shopping on Amazon and have an Amazon Prime membership.1% back per dollar spent on all other purchasesįor non-Amazon Prime members, your earn rate is much lower:.2.5% back at Amazon.ca, Whole Foods Market in Canada and foreign currency transactions.5% back at Amazon.ca, grocery stores and restaurants for six months after your account is opened.If you’re a member, you’ll get the following with the Amazon rewards credit card: What’s interesting is that this credit card gives you different benefits depending on if you’re an Amazon Prime member or not. Is the Amazon Rewards Mastercard worth it?.How the Amazon.ca Mastercard compares to others.

Amazon credit card good