CNET logo Why You Can Trust CNET

Our expert, award-winning staff selects the products we cover and rigorously researches and tests our top picks. If you buy through our links, we may get a commission. Reviews ethics statement

Amazon's new card wants to help customers build credit

Amazon Credit Builder​​ offers no annual fee and 5% back for Prime members.

Abrar Al-Heeti Technology Reporter
Abrar Al-Heeti is a technology reporter for CNET, with an interest in phones, streaming, internet trends, entertainment, pop culture and digital accessibility. She's also worked for CNET's video, culture and news teams. She graduated with bachelor's and master's degrees in journalism from the University of Illinois at Urbana-Champaign. Though Illinois is home, she now loves San Francisco -- steep inclines and all.
Expertise Abrar has spent her career at CNET analyzing tech trends while also writing news, reviews and commentaries across mobile, streaming and online culture. Credentials
  • Named a Tech Media Trailblazer by the Consumer Technology Association in 2019, a winner of SPJ NorCal's Excellence in Journalism Awards in 2022 and has three times been a finalist in the LA Press Club's National Arts & Entertainment Journalism Awards.
Abrar Al-Heeti

The Amazon Credit Builder program is geared toward customers who want to build or rebuild their credit.

Denis Charlet / AFP/Getty Images

Amazon on Monday launched a new credit card geared toward people who want to build their credit.

The Amazon Credit Builder program offers many of the same perks as the Amazon Store Card, including no annual fee and 5% back for Prime members. Both cards are also issued by Synchrony Bank. 

What differentiates the cards is that the credit line on the Amazon Credit Builder is equal to the refundable security deposit made when the account is opened. Customers can use the card on Amazon.com after it's been activated, which can take around seven to 14 days after the deposit is received.

Cardholders have access to resources that help them learn about building their credit. They'll also be able to monitor their credit score and see how their actions might impact that score by registering for TransUnion CreditView.

Amazon says on a customer service page that "continued and responsible use of the secured Amazon Credit Builder can help you build your credit history."

Applicants who want to be considered for the Amazon Store Card and Amazon Credit Builder can apply for both cards through the site. If they're not approved for the Store Card, they'll be considered for the Credit Builder card.  

Customers can be upgraded to the Amazon Store Card if Synchrony Bank determines they're eligible to do so after a review. Their security deposit is returned when they're upgraded. 

Watch this: Apple Card FAQ: What you need to know