Are you maximizing the rewards on your Amazon purchases with the right credit card?
Are you maximizing the rewards on your Amazon purchases with the right credit card? PHOTO: iStock

CNN Underscored reviews financial products such as credit cards and bank accounts based on their overall value. We may receive a commission through The Points Guy affiliate network if you apply and are approved for a card, but our reporting is always independent and objective.

As people stay inside and shopping at Amazon soars, having a credit card that will maximize the rewards you earn at Amazon is more important than ever. By using the right credit card, you can earn cash back — as much as 5% on every purchase — or points and miles to put toward future travel. Or, you might want a card that will extend the manufacturer’s warranty in the case of loss or damage.

We’ve gone through hundreds of options and picked out six of the best credit cards for your Amazon purchases. Our list offers an array of cash back, points and perks — a card for everyone depending on your needs. Let’s dive into each of these cards and see how they compare to one another.

The best credit cards for Amazon

Citi® Double Cash Card: Best for cash back
Capital One® Venture® Rewards Credit Card: Best for easy travel rewards
Chase Freedom Unlimited®: Best for flexible rewards
Amazon Prime Rewards Visa Signature: Best for Amazon Prime members
American Express® Gold Card: Best for purchase and return protection
Blue Cash Preferred® from American Express: Best for Amazon gift cards

Best for cash back: Citi Double Cash Card

If you want to keep just one credit card in your purse or wallet to earn cash back on everything you buy — including your purchases at Amazon — the Citi Double Cash Card is the way to go. You’ll earn 2% cash back — 1% when you buy, and another 1% when you pay your statement — on all your purchases.

For a no-annual-fee card, this is a great return, and it’s simple — you don’t have to worry about bonus categories or figuring out complicated travel points. The card’s simplicity and solid earning rate is why CNN Underscored chose the Citi Double Cash as its benchmark credit card, and why we use it to compare and contrast other credit cards we review.

Related: Read CNN Underscored’s complete review of the Citi Double Cash Card.

Where the Citi Double Cash lags is in its shopping benefits. Unfortunately, the card no longer comes with damage and theft purchase protection, return protection or Citi’s previously well-known Price Rewind benefit.

So despite earning great cash back on your purchase with the Citi Double Cash, if you’re buying something expensive, you might want to choose a card that has you covered in the event your item is broken, lost or you potentially want to return it after the merchant’s return policy has ended.

Best for simple travel rewards: Capital One Venture Credit Card

Even though you can
Even though you can't travel now, you may want to earn miles for a future trip. PHOTO: iStock

Undoubtedly you aren’t looking to travel right now, but eventually hotels will reopen and airlines will be back in the air. So if you want to plan ahead for a future vacation by earning points you can redeem toward any travel purchase you make, the Capital One Venture Rewards card is one to consider.

With the Capital One Venture, you’ll earn 2 miles for every dollar you spend on every purchase. The miles can then be redeemed for any travel purchase on your credit card statement in the previous 90 days. This includes hotels, airfare, train rides, taxis, Ubers, Airbnb stays and more. When you redeem Capital One miles this way, you’ll get 1 cent per mile in value.

Alternatively, you can also transfer your miles to 17 airline and hotel loyalty programs, such as JetBlue, Wyndham and many international airlines. CNN Underscored’s partner The Points Guy values Capital One miles at 1.4 cents apiece because they can be transferred to these partner programs, which means your miles can potentially be worth more than just 1 cent each.

Related: New hotel partners improve the already-strong Capital One Venture credit card.

The Capital One Venture card also comes with extended warranty protection and up to a $100 credit toward the application fee for Global Entry or TSA PreCheck. It also charges no foreign transaction fees and has no annual fee for the first year, then $95 each year thereafter.

Best for flexible rewards: Chase Freedom Unlimited

If you’re not sure whether you want cash back or travel points, a good compromise option could be the Chase Freedom Unlimited. With this card, you’ll earn 1.5% cash back on every purchase you make, including those through Amazon. That’s less than the Citi Double Cash, but in exchange for a lower earning rate, you’ll get rewards that are potentially more flexible and valuable down the line.

When you pair the Chase Freedom Unlimited with a premium Chase Ultimate Rewards card such as the Chase Sapphire Preferred Card or Chase Sapphire Reserve, you can convert your cash back to travel points at a rate of 1 cent per point. Then you’re able to redeem those points for travel at an increased value of 1.25 to 1.5 cents apiece via the Chase travel portal.

Even better, once you’ve converted the cash back to points, you can transfer them to any of Chase’s 13 airline and hotel loyalty partners. This amazing flexibility is why CNN Underscored’s partner The Points Guy values Chase Ultimate Rewards points at 2 cents apiece. At that rate, since you’re earning 1.5% cash back on the Freedom Unlimited, you could effectively end up with a 3% return on your purchases.

Aside from a flexible rewards program, you’ll also find that the Chase Freedom Unlimited is an ideal card to use for Lyft rides. You’ll receive 5% ca