Amazon Prime Card offering new Whole Foods card art, limited-time bonus

On Jan. 20, 2021, Chase announced a new card art option for the Amazon Prime Rewards Visa Signature card featuring Whole Foods Market and added a limited-time sign-up bonus offer for those who prefer to shop at Whole Foods in-store.

Amazon has become a leader in grocery shopping during the pandemic, with consumers avoiding grocery stores due to health safety concerns – not to mention the convenience of shopping from a web browser. Amazon Prime members can enjoy speedy free delivery, as well as get access to online shopping at Whole Foods Market and special member deals when shopping in-store.

They can also count on extra savings if they carry the Amazon Prime Rewards card from Chase – or if they’re looking to apply in the next few weeks.

Here’s what you need to know.

Amazon Prime Rewards Visa Signature card

Amazon Prime Card Whole Foods

Our rating: 3.8 out of 5
Score required: Good to excellent
Type of card: Cash back
Spending categories: Amazon, Whole Foods, restaurants, gas stations, drug stores

  • 5% back on Amazon.com and Whole Foods purchases
  • 2% back on restaurant, gas station and drug store purchases
  • 1% back on other purchases
  • $70 Amazon.com gift card upon approval or $100 statement credit after spending $100 at Whole Foods in first 2 months
  • No annual fee

Our take: While the Amazon Prime Rewards card offers excellent cash back on Amazon and Whole Food purchases, it might not be the best choice for customers who don’t currently have a Prime membership and aren’t looking to subscribe.

A new Whole Foods card design and limited-time offer

Chase introduced a new card design option for new Amazon Prime Rewards cardholders, featuring Whole Foods Market art. New cardmembers with an eligible Prime membership can choose the new design when they apply for the card. If you’re an existing cardholder and would like to switch to the new design option, you can call in to request a new card after Jan. 22, 2021.

If you frequently shop at Whole Foods in-store, the new limited-time introductory offer can also be exciting news for you. Through March 3, 2021, new Amazon Prime Rewards Visa cardholders can earn a $100 statement credit after spending $100 in Whole Foods Market stores in the first two months from account opening. Alternatively, they can still choose the standard $70 Amazon gift card offer as a sign-up bonus.

Considering the standard bonus is lower, the new temporary offer might be a better deal. On the other hand, if you avoid shopping in-store or normally use Amazon Fresh for buying groceries, the gift card might make more sense for you.

Should I start shopping at Whole Foods if I have an Amazon credit card?

If you already shop at Whole Foods, the 5% back with the Amazon Prime Rewards Signature Visa and 10% off specially marked items is a good deal. The discounts, though, don’t make Whole Foods cheaper than other grocery stores.

In fact, according to a study from 2019, Whole Foods remains the most expensive grocery store with its prices at 34% above Walmart, which was reported to have the lowest prices overall. If your goal is to save on groceries, Whole Foods is evidently not the best option – even if you carry the Amazon Prime card.

Other cards to consider

The Amazon Prime Card isn’t the only option you should consider if you often shop on Amazon or at Whole Foods.

See related: Which is the best card to use on Amazon.com purchases?

For instance, with the Chase Amazon.com Rewards Visa card, you can get a $50 Amazon gift card upon approval and earn 3% on Amazon and Whole Foods purchases, 2% percent at restaurants, gas stations and drugstores and 1% on all else. If you don’t have a Prime membership and aren’t looking to subscribe, this is a good option, since the card doesn’t require for a cardholder to be a member.

If you do have a membership and shop on Amazon a lot, the Amazon Prime card is a better deal. With 5% for purchases made at Whole Foods and on Amazon, 2% at restaurants, gas stations and drugstores and 1% on all else, this card is hard to beat for Amazon and Whole Foods lovers.

If you’re looking for a card to buy groceries, consider the Blue Cash Preferred® Card from American Express that could save you more than with the Amazon Prime Visa at Whole Foods. Why? Blue Cash Preferred cardholders earn 6% cash back at U.S. supermarkets (up to $6,000 in purchases per year, then 1%).

See related: Best credit cards for grocery shopping

Bottom line

Now you can stack your rewards at Whole Foods, earning cash back and the limited-time bonus with the Amazon Prime Card, and you can get extra savings from the loyalty program. Whether it makes sense to shop at Whole Foods, even with rewards cards and the loyalty program, is up to you.

Source: creditcards.com

Stacking up deals to max out cash back, points on holiday shopping

It’s shopping season, and millions of us who aren’t out shopping in stores right now are sitting in front of our computers buying out the internet. It doesn’t matter if you’re shopping for groceries or gifts – if shopping is on your to-do list this month, you’re in luck.

With retail stores scrambling for shoppers, the cash-back craze gone wild and banks offering up to 10 points per dollar on some purchases to entice consumers to use their credit cards, the opportunities for stacking deals upon deals has reached fever pitch.

Right now, there are more stackable offers for online shopping than I’ve ever seen in all my years of points wrangling. There are so many offers, in fact, that some days I find myself in shopping paralysis trying to decide which credit card to pair with which offer and accompanying points or cash back portal to get the best return. These are the good kinds of 2020 problems that put money back into your pocket.

See related: Not traveling anytime soon? Here’s what do to with your points and miles

Getting started with deal-stacking

If you’ve never heard of deal stacking, it’s just a fancy term for using multiple coupons or deals to maximize your savings or earnings on one purchase. In the travel-rewards world, we also like to call it the double or triple dip.

Getting started with deal stacking is as easy as considering each and every one of these three steps or ‘stacks’ anytime you make a credit card purchase.

Stack 1: Check for credit card offers and register if needed

Always choose the card that will earn the most points per dollar spent in your purchase category. And don’t forget to register for any special offers from your credit card to earn bonus points or discounts. These offers are usually easy to find by logging into your credit card account.

Stack 2: Shop using cash back- or points-earning portals

Before you buy online, always access the online store via a shopping portal like Ibotta or Rakutan rewards if you’re looking for cash back. If you’re collecting points, try the portal of your favorite airline, hotel group or bank program.

A tool like Cash Back Monitor can help you decide which portal will offer you the best return for each purchase you’re planning to make.

Stack 3: Scan your receipts for more rewards

After you make your purchase, scan your receipt into an app like Fetch Rewards or CoinOut to accrue points that can be turned into gift cards for more shopping – and even more savings.

Deal-stacking in practice

My friend Angel Trinh over at Pennywise Traveler is a rock star on deal-stacking and loves to share tutorials on her stacking successes. Because points-stacking is best explained through example, here’s how she’s stacking up deals for her Amazon purchases this month using her American Express® Gold Card.

Putting into practice the first stacking principle, when Trinh checked her American Express Gold Card account this month, she saw that she was targeted with an offer to earn 8 Membership Rewards points per dollar on Amazon purchases (up to 3,000 points). She registered her card for the offer, then set out to spend $375 – the amount it would take to max out the bonus to earn the full 3,000 points.

“For American Express, the best way to maximize deal stacking and to save money is to add AmEx offers to your account,” Trinh explains. “You can add a maximum of 100 offers to your account for discounts.”

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