Amazon Prime Rewards Card offers $200 gift card immediately after approval during the month of Prime Day

    Take advantage of Prime Day savings with a $200 welcome bonus gift card thanks to a new promotion.

   Take advantage of Prime Day savings with a $200 welcome bonus gift card thanks to a new promotion.

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Now through July 29, you can sign up for the Amazon Prime Rewards Visa Signature Card and earn a $200 Amazon gift card immediately after approval, thanks to a special promotion designed to help Amazon Prime members take full advantage of upcoming Prime Day specials on July 12 and 13.

New cardholders can also earn up to a whopping 10% back on specific earning categories.

Here, Select highlights what you need to know about the limited time offer and which purchases qualify for the 10% back rewards benefit.

 Amazon Prime Rewards credit card promotion

  If you currently have an Amazon Prime membership and regularly make purchases through the online retail giant, the Amazon Prime Rewards Visa Signature Card could be a solid addition to your wallet, just in time for July Prime Day shopping.

  In addition to the automatic $200 Amazon gift card upon approval, new cardholders with active Prime memberships can also earn the following cash back perks just for using their card:

• Up to 10% cash back on specially-marked Amazon products, with rotating items and categories
• 6% cash back for Amazon and Whole Foods purchases made during on Prime Day (July 12 and 13)
• 5% cash back on Amazon and Whole Foods purchases made anytime
• 2% cash back on all purchases made at restaurants, drugstores and gas stations
• 1% cash back for all other purchases made with the card

  You can redeem the cash back you earn for more Amazon purchases or simply ask for it to be deposited into your bank account.

  The Amazon Prime Rewards Visa Signature Card has no foreign transaction fees or annual fee and is a great choice for consumers who enjoy saving money and shopping on Amazon.

   Other cards to help you save on Amazon purchases

  While the Amazon Prime Rewards Visa Signature Card is one of several Amazon co-branded credit cards, there are plenty of other travel and cash-back credit cards that are great for maximizing rewards points-earning opportunities.

 Here's a look at some of our favorite cards for Amazon Prime Day purchases:

Bottom news,

          The Amazon Prime Rewards Visa Signature Card is a solid choice for anyone with an active Amazon Prime membership.  If you don't already have one but want to sign up, the $200 Amazon gift card would essentially cover the $139 annual fee and then some.

There are also several ways to score a free or discounted Amazon Prime membership, including 30-day trials, Student Prime memberships, using Amazon Household to "borrow" a family member's account or special discounts available to those with DEBIT cards.

Lastly, but arguably most importantly, make sure your Amazon Prime Day shopping doesn't max out your monthly budget. As long as you have a goal in mind and stay within your budget, your Amazon Prime Day shopping should not break the bank.