Amazon Expands Rewards for Prime Credit Card: 5% Cash Back at Whole Foods

Amazon Expands Rewards for Prime Credit Card: 5% Cash Back at Whole Foods

February 20, 2018         Written By Bill Hardekopf

Starting today, Amazon Prime Credit Card users can earn 5% cash back for purchases made at Whole Foods Market. Non-Prime members who have the Amazon Rewards Visa Signature Card can earn 3% cash back for Whole Foods transactions.

When the Prime credit card launched in January 2017, it offered 5% cash back for Amazon.com purchases, as well as 2% cash back at restaurants, gas stations and drug stores. Those offers are still in place with the Whole Foods expansion. Prime and Visa Signature cardholders earn 1% cash back on all other purchases.

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Amazon acquired Whole Foods last year for $13.7 billion, and since then, it has gradually incorporated the grocery store chain into its brand. Earlier this month, Amazon announced they will offer their two-hour Prime Now delivery service for Whole Foods orders in Austin, Cincinnati, Dallas and Virginia Beach. The company plans to extend that service to other cities later this year.

Both Amazon credit cards feature no annual fee and no foreign transaction fees. Amazon Rewards Visa Signature cardholders may upgrade to a Prime Card as long as they have an eligible Prime account (some cardholders were automatically upgraded during the Prime Card launch). Amazon recently increased the monthly price for Prime from $10.99 to $12.99. Annual Prime members still pay a $99 fee for the entire year.

The information contained within this article was accurate as of February 20, 2018. For up-to-date information on any of the terms, cards or offers mentioned above, visit the issuer's website. Many of the offers on this article are from our affiliate partners, and LowCards.com may be compensated if you take action with any of our affiliate partners.

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About Bill Hardekopf

Bill Hardekopf is the CEO of LowCards.com and covers the credit card industry from all perspectives. Bill has been involved with personal finance for over 15 years. He is a frequent contributor to Forbes, The Street and The Christian Science Monitor.