When to apply for Prime Visa based on offer history

Amazon is one of the largest online marketplaces, offering a wide range of options to buy almost anything you need. Amazon has a suite of credit cards, including the popular Prime Visa.

If you want to apply but aren’t sure when to do so because you want to secure the best welcome bonus, we can help. The Prime Visa is known to frequently change its welcome offer, so we’ve compiled data to provide you with some guidance.

Knowing past welcome offers that the Prime Visa has offered can help you when analyzing the current offer.

Note that we’ll only cover publicly available welcome offers; however, you may be eligible to receive targeted offers that are even higher. And remember, offers are subject to change at any time, and some of the offers mentioned below may not be available at this moment.

Best Prime Visa welcome offer

Prime Visa

As an avid Amazon and Whole Foods shopper, this card is a staple in my lineup and an absolute no-brainer for me. The card carries no annual fee but does require you to be an Amazon Prime member. Prime membership costs $14.99 monthly or $139 for the year.

The biggest perk the card offers is unlimited 5% cash back on Amazon and Whole Foods purchases. You’ll even receive 10% cash back on select items during Prime Day when making your purchase with the card. It also serves as a great everyday card, as it earns 2% back on gas, local transit and commuting, and dining at restaurants.

The Prime Visa earns 1% back on all other purchases. Plus, the card offers a variety of travel perks and protections, including:

This is a solid suite of perks for a card with no annual fee.

Additionally, the great thing about the Prime Visa’s welcome offer is that it doesn’t require meeting a minimum spending threshold to earn the welcome bonus.

Here are the offers we’ve seen on the Prime Visa.

Welcome offer history

Currently, new Prime Visa cardholders can receive a $250 Amazon gift card instantly upon approval.

Highest welcome offer

We’ve seen this card offer as high as a $250 Amazon gift card instantly upon approval.

When to apply

If the Amazon gift card is $150 or higher, consider applying. You can typically expect higher welcome offers near the holidays. The current welcome offer matches the highest we’ve seen, making now an excellent time to apply if you’ve been eyeing this card.

Learn more: Prime Visa

: Is the Prime Visa credit card worth the cost?

Application restrictions

To be eligible for this card, you need to have an active Prime membership.

Additionally, the Prime Visa is issued by Chase; therefore, you’ll want to be under 5/24 for a better chance of approval. The infamous 5/24 rule means you can’t have opened five or more cards across all issuers in the past 24 months to be approved for most Chase cards.

However, some data points from Reddit show that some cardholders have been approved at or slightly over 5/24. Just keep in mind that this varies.

: Want to open a new Chase card? Here’s how to calculate your 5/24 standing

Bottom line

Before applying for the Prime Visa, ensure you can get the highest welcome offer possible. Chase and Amazon sporadically offer the best-ever offer randomly throughout the year. However, during the holidays, you can also expect elevated welcome offers.

Our historical data on the Prime Visa’s welcome offer history serves as a good reference point for determining the best time to apply for the card based on yearly trends.

To learn more, read our full review of the Prime Visa.

Be sure to check our other offer history guides as a reference point when applying for your next credit card: