As Amazon’s advertising business keeps growing, most private label sellers are finding themselves spending more on advertising than ever before. and while using a credit card to pay for Amazon PPC poses some risks, it can be rewarding when done correctly
For most sellers, Amazon PPC charges can be one of the most significant expenses in their business, sometimes even more than they spend on inventory and shipping. So it poses a unique opportunity to maximize credit card reward points, as many credit cards offer double or even triple or more points for the advertising category
To make sure you are maximizing your rewards, I’ve compiled a list of the best credit cards to use for your amazon advertising charges.
Tip – bookmark this page for future reading as I will keep adding the best offers here.
Chase Ink Business Preferred Credit Card
Why it’s an Excellent Card for Amazon Sellers Spending on Advertising
This card earns 3 points on every $1 spent on Advertising, as well as Travel, Shipping purchase, Internet, cable and phone services, for a total of 3 points per $1, up to a combined spend of $150,000 in each account anniversary year
What are the points worth?
The Chase Ink Preferred Card earns points in the chase “Ultimate Rewards” program. these points are valuable because you can redeem them in many ways:
- Cashback, at a value of 1 cent per point, which equals to 1% cashback, or an effective 3% cashback on in advertising spending, up to $150K a year.
- Paid travel, at a value of 1.25 cents per point, which equals 1.25% cashback, or an effective 3.75% cashback on in advertising spending, up to $150K a year.
- If you have a Sapphire Reserve card in your household, you can transfer the points to that card and redeem them towards paid travel at a value of 1.5 cents per point, which equals to 1.5% cashback, or an effective 4.5% cashback on in advertising spending, up to $150K a year.
- Transfer into airline and hotel mileage program currencies. the value here can vary widely based on how you use those programs
Example Earnings by Amounts Spent on Advertising
Let’s see how many points you can earn when you get the Chase Ink Preferred Card and use it to pay for advertising:
- If you spend $5,000 a month on Amazon advertising in the next year, you will earn as follows:
- 100,000 welcome offer points after the first $15,000 in spend worth $1,000 – $1,500
- 15,000 points per month worth $150 – $225, or a total of 180,000 points worth $1,800 – $2,700 in the next year
- So after 12 months, your total earning would be 280,000 points (100,000 from the welcome offer, plus 180,000 from the monthly advertising spend earning at 3x points per $1) for a value of $2,800 – $4,200 – pretty sweet!
- If you spend $15,000 a month on Amazon advertising in the next year, you will earn as follows:
- 100,000 welcome offer points after the first $5,000 in spend worth $1,000 – $1,500
- 45,000 points per month worth $450 – $675 for the first ten months, and 15,000 points per month worth $150 – $225 in the last two months (due to the $150K 3x earning limit). or a total of 480,000 points worth $4,800 – $7,200 in the next year
- So after 12 months, your total earning would be 580,000 points (100,000 from the welcome offer, plus 480,000 from the monthly advertising spend earning at 3x or 1x points per $1) for a value of $5,800 – $8,700 – wow!
- This card comes with a $95 annual fee; however, you can easily offset it with the points you earn from the welcome offer alone by spending $15,000 in the first three months
- There is no annual fee for additional cardholders.
- There are No Foreign Transaction Fees, which means you can use it for advertising spending in other marketplaces, such as the Canada and United Kingdom ones, without paying extra fees.
Other Card Benefits
Some other benefits include:
- Cell phone protection – Covers up to $600 per claim (max three claims per year) if your phone is stolen or damaged, as long as you pay the monthly bill with the card (don’t forget this card will also ear triple points when paying you cellphone bill). There is a $100 deductible.
- Trip Cancellation/Trip Interruption Insurance – up to $5,000 per trip
- Worldwide Primary rental car CDW (Collision Damage Waiver) Insurance – when renting for business purposes. (When renting for personal purposes, if in the US coverage in secondary, but anywhere else in the world coverage is still primary even for personal rentals)
- Extended Warranty Protection – provides an extra one year of warranty coverage up to $10,000
The Chase Ink Preferred Card is one of the best business cards available today due to its many benefits, which are valuable to any business owner.
It is, however, uniquely valuable to Amazon sellers, especially those who spend money on advertising due to triple points earning, which can be redeemed for a value of up to 4.5% towards paid travel if you have a Sapphire Reserve card in your household.
I firmly believe every Amazon seller should be using this card as a way to maximize the return on their advertising spending through earning increased rewards.
Will you signup and use The Chase Ink Preferred Card? Let me know in the comments.
Other Great Cards by Chase – Chase Freedom Unlimited earns 1.5 points on every dollar spent, with no spending cap