How to Apply for the Amazonca Rewards Mastercard Credit Card
Discover the Amazon.ca Rewards Mastercard
Are you frequently shopping online at Amazon.ca and keen to earn rewards as you do? The Amazon.ca Rewards Mastercard might just be your ideal shopping companion. This specialized credit card is designed to make your purchases more rewarding, especially for avid online shoppers in Canada. Let’s delve into what makes this card a standout choice for Canadian consumers.
Maximize Your Rewards
With the Amazon.ca Rewards Mastercard, you can earn 2.5% back in rewards on eligible Amazon.ca and Whole Foods Market purchases. For all other purchases, you earn 1% back. Consider the impact this has on your regular expenses—whether you’re purchasing household essentials, electronics, or books, these rewards add significant value over time. For example, spending $200 monthly at Amazon.ca and Whole Foods can fetch you rewards worth $60 a year, making your everyday spending even more lucrative.
Cost-Effective and Benefit-Rich
This card comes with the added advantage of no annual fee. Unlike many other credit cards that might charge for membership, the Amazon.ca Rewards Mastercard ensures you get the most out of your spending without worrying about extra costs. Additionally, it offers fraud protection to keep your transactions safe, and no foreign transaction fees, which is particularly handy if you make international purchases or travel abroad.
Why You Should Consider the Amazon.ca Rewards Mastercard
Whether you’re someone who shops regularly on Amazon or a person looking to maximize returns on everyday spending, this card stands out as a sensible option. To start your journey towards smarter spending, the first step is learning how to apply for this card. Making informed choices about financial tools like the Amazon.ca Rewards Mastercard can significantly enhance your shopping experience, offering both convenience and savings. Remember, choosing the right credit card can be a strategic move towards better financial management.
Benefits of the Amazon.ca Rewards Mastercard
Earn Reward Points on Every Purchase
The Amazon.ca Rewards Mastercard allows you to earn reward points with every purchase you make. For avid Amazon shoppers, this means accumulating points quickly as you gain 2.5% in Amazon Rewards on eligible purchases at Amazon.ca. All other purchases earn you 1% back in rewards. Essentially, the more you shop, the more rewards you accumulate to use towards future Amazon purchases.
Tip: Maximize your reward points by using your card for regular household expenses and bills, then pay off the balance in full each month to avoid interest charges.
No Annual Fee
One of the standout features of the Amazon.ca Rewards Mastercard is that it comes with no annual fee. This allows you to take advantage of all the benefits without worrying about an additional cost that you need to cover every year. It makes this card especially attractive to those who are budget-conscious but still want to reap the rewards of a credit card that complements their lifestyle.
Tip: Since there’s no annual fee, you can keep this card for a long time and continue to build your credit score with on-time payments and responsible use.
Protection and Extended Warranty
The Amazon.ca Rewards Mastercard provides you with added peace of mind through purchase protection and extended warranty coverage on eligible items. This means if you make a large purchase, not only is it protected against theft or damage, but you’ll also likely enjoy an extended warranty, offering you coverage beyond the manufacturer’s initial guarantee.
Tip: Use this card to purchase electronics or appliances that benefit most from extended warranties, and always keep your purchase receipts handy.
Foreign Transaction Fee Waived for Amazon.ca
This card offers the perk of having the foreign transaction fee waived for purchases made on Amazon.ca. This is particularly advantageous for consumers who might purchase items listed in foreign currencies without having to worry about additional fees tacked onto their orders.
Tip: Utilize this feature to shop with international sellers on Amazon.ca, ensuring you get the best deals available without incurring extra charges.
SEE HOW TO GET YOUR AMAZON.CA REWARDS MASTERCARD
| Advantages | Details |
|---|---|
| Cash Back Rewards | Earn up to 2.5% back on Amazon.ca purchases. |
| Exclusive Offers | Access special deals and discounts on various products. |
| No Annual Fee | Keep more of your money with no yearly costs. |
| Flexible Payments | Enjoy manageable payment options at your convenience. |
The Amazon.ca Rewards Mastercard offers significant benefits that add value to everyday purchases. With the opportunity to earn back a considerable percentage on Amazon purchases, users can maximize their spending efficiency. Additionally, exclusive offers enhance the shopping experience further, allowing customers to save money on various products. Importantly, the absence of an annual fee makes this card an attractive option for budget-conscious consumers. With flexible payment options, the card is designed to cater to various financial situations, making it a reliable choice for many users.
Requirements for Applying for the Amazon.ca Rewards Mastercard
- Minimum Income: Though Amazon does not explicitly state a minimum income requirement for this card, it is generally expected that applicants have a steady source of income to manage credit responsibly. For example, a consistent monthly paycheck or documented self-employment income can demonstrate your ability to handle credit card payments.
- Canadian Residency: Applicants must be residents of Canada. This means having a valid Canadian address where you can receive mail and possibly other official documentation, should you need it for the application.
- Age Requirement: You must be at least the age of majority in your province or territory (usually 18 or 19 years old). This ensures that you have reached a legal age to enter into financial agreements.
- Credit Score: While the exact score isn’t specified, a fair to good credit score is advisable to increase your chances of approval. A credit score of around 650 or higher typically falls within this range, indicating a history of reliable credit use.
- Valid Identification: Providing valid identification such as a driver’s license or passport is crucial during the application. This verifies your identity and ensures credibility in your application process.
SEE HOW TO GET YOUR AMAZON.CA REWARDS MASTERCARD
How to Apply for the Amazon.ca Rewards Mastercard
Step 1: Visit the MBNA Website
To start your application for the Amazon.ca Rewards Mastercard, you’ll need to visit the official MBNA website. You can do this from your computer or mobile device. Open your preferred web browser and enter this link to directly access the credit card page. This page provides all the relevant details about the card, including rewards, interest rates, and fees.
Step 2: Review Card Details
Before applying, it’s important to understand what the Amazon.ca Rewards Mastercard offers. Read through the features such as the points system, any promotional offers, and the terms and conditions. Pay special attention to the annual fee, if applicable, as well as interest rates on purchases and cash advances. This step ensures that you are aware of the financial commitment and benefits associated with the card.
Step 3: Start Your Application
Once you are ready to apply, click the “Apply Now” button typically found on the card’s information page. This will guide you to an online application form. Fill in all required personal and financial information accurately, including your full name, address, income details, and possibly information about your current employment. Ensure all provided data is correct to avoid any delays in processing your application.
Step 4: Submit Your Application
After completing the form, review all the entered information to confirm accuracy. Then, you can submit your application by clicking the “Submit” button. After submission, you will likely receive a confirmation email acknowledging that your application has been received. Keep an eye on your email for any further communication from MBNA about the status of your application.
Step 5: Await Approval
Once your application is submitted, MBNA will review it. This process may take a few days as they assess your creditworthiness and other application details. Be patient during this time. If approved, you will receive your Amazon.ca Rewards Mastercard in the mail. You can then activate it and start enjoying the rewards associated with your new credit card.
SIGN UP TO GET YOUR AMAZON.CA REWARDS MASTERCARD
Frequently Asked Questions about the Amazon.ca Rewards Mastercard
What benefits does the Amazon.ca Rewards Mastercard offer?
The Amazon.ca Rewards Mastercard provides a variety of benefits, including earning rewards on every purchase you make. You can earn 2.5% back at Amazon.ca and Whole Foods Market in Canada and a 1% back on all other purchases. Additionally, there is no annual fee, making it a cost-effective choice for frequent shoppers on Amazon.ca.
Is there a fee for using the Amazon.ca Rewards Mastercard?
No, there is no annual fee for the Amazon.ca Rewards Mastercard, which allows you to enjoy its benefits without worrying about additional costs. This makes it an attractive option for those who want to earn rewards without the expense of an annual fee.
How do I apply for the Amazon.ca Rewards Mastercard?
You can apply for the Amazon.ca Rewards Mastercard online through the Amazon.ca website. The application process is straightforward and typically requires information such as your personal and employment details. Upon approval, you’ll receive your new card by mail, and you can start using it immediately to earn rewards.
What should I know about the interest rates for this card?
The Amazon.ca Rewards Mastercard has a standard interest rate which applies to purchases, cash advances, and balance transfers. It’s essential to pay attention to your billing statements and try to pay off your balance in full each month to avoid interest charges. This way, you can take full advantage of the rewards without incurring extra costs.
How are the rewards redeemed with the Amazon.ca Rewards Mastercard?
The rewards earned with your Amazon.ca Rewards Mastercard are automatically redeemed on a monthly basis as a statement credit, applied to your card balance. This means you don’t need to track points or manually redeem them, making the process effortless and convenient. You’ll see the rewards reflected on your monthly credit card statement.
Linda Carter is a writer and financial expert specializing in personal finance and financial planning. With extensive experience helping individuals achieve financial stability and make informed decisions, Linda shares her knowledge on our platform. Her goal is to empower readers with practical advice and strategies for financial success.
