Prime Visa at Costco: yes, all Visa cards. Abroad: no foreign transaction fee. Points never expire while the account is open and redeem 4 ways at 1 cent each.
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Checked September 20, 2026 against Chase's Prime Visa page and terms, Amazon's page and Costco's payment page.
TL;DR
Yes. The Prime Visa is a Visa credit card issued by JPMorgan Chase Bank, N.A., and Costco's payment-methods page (document CU2576, published March 2, 2026) says U.S. Costco warehouse locations accept "All Visa Cards". The same line appears under U.S. Costco Gas Stations and under Costco.com.
Inside the warehouse and on Costco.com the card earns 1%, the "all other purchases" rate. At Costco gas pumps, Chase pays 2% at merchants coded as gas stations, and the merchant sets that code: "the merchant may not have a merchant code in that category." Check the category on your Chase rewards activity after your first fill-up.
Yes, and there is no foreign transaction fee. Chase's pricing and terms page lists the Foreign Transaction Fee as "None" (pricing current as of December 16, 2025). Amazon's Prime Visa page puts it in one line: "No annual credit card fee plus no foreign transaction fees". A $100 restaurant bill abroad posts as $100 with nothing added.
One limit applies outside the U.S.: Amazon's own international sites do not earn 5%. The agreement says 5% back is not earned on "purchases made at international Amazon retail sites (including but not limited to Amazon.ca, Amazon.co.uk, Amazon.de, Amazon.fr, or Amazon.co.jp)", nor at "international Whole Foods Markets". Those count as everything-else spend at 1%.
Travel protections come with the card: baggage delay insurance ("up to $100 a day for up to 3 days"), lost luggage reimbursement "up to $3,000 per covered traveler", travel accident insurance "up to $500,000" when the fare is paid with the card, and auto rental collision coverage.
No. Amazon's page: "Earn unlimited 1% back on all other purchases anywhere Visa is accepted". Here is the full earn table.
| Where you pay | With Prime | Without Prime |
|---|---|---|
| Amazon.com, Audible.com, Whole Foods Market (U.S.), Amazon Fresh, Shopbop | 5% | 3% |
| Chase Travel (prepaid bookings at chasetravel.com or by phone) | 5% | 3% |
| Gas stations | 2% | 2% |
| Restaurants (dine in, takeout, delivery coded as a restaurant) | 2% | 2% |
| Local transit and commuting (trains, buses, taxis, rideshare, tolls, parking) | 2% | 2% |
| Everything else, anywhere Visa is accepted (Costco included) | 1% | 1% |
Two notes. Prime cardmembers also see rotating Prime Card Bonus offers: "Eligible Prime cardmembers earn 10% back or more on a rotating selection of items and categories on Amazon.com." That 10% includes the base 5%. As of today Amazon's Prime Card Bonus page headlines "Earn 10% back or more on early deals with your Prime card"; neither Chase's nor Amazon's page ties a bonus rate to a specific October date, so this article does not either. And equal monthly payments at Amazon checkout skip rewards: "Equal monthly payments purchases do not earn % back rewards."
100 points equal $1. The agreement: "% back rewards are tracked as points and each $1 in % back rewards earned is equal to 100 points." A $100 Amazon order at 5% earns $5, which is 500 points, and points "can be redeemed at Amazon.com or Chase as soon as the next day."
Do Prime Visa points expire? No, while the account is open. The Rewards Program Agreement (dated January 9, 2026): "Your points don't expire as long as your card account is open; however, you'll immediately lose all your points if your card account status changes, or your card account is closed, for misuse, fraud, or any of the following reasons". Otherwise: "If your card account is closed for any other reason, you'll have at least 30 days from the date your card account is closed to use your points, as long as you don't lose them for any of the reasons described in this agreement."
Where can the points go? The agreement: "You can use your points to redeem for any available reward options. Options may include eligible purchases at Amazon.com, travel, cash, and gift cards." Value is flat across those four: "When you use points to redeem for eligible purchases at Amazon.com, travel, cash, and gift cards, each point is worth $.01 (one cent), which means that 100 points equals $1 in redemption value." Cash means "a card account statement credit or an electronic deposit into an eligible Chase account located in the United States."
Can Prime Visa points be transferred? Not to an airline or hotel program. Those four options are the whole list, and the agreement treats "moving or transferring points to an ineligible third party or account" as misuse. It adds that "points can't be transferred by operation of law, such as by inheritance, in bankruptcy or in connection with a divorce."
How to redeem. At Amazon, choose points as a payment method at checkout. Through Chase, sign in at chase.com/amazon and pick a statement credit, a deposit, a gift card or a Chase Travel booking. The value per point is the same either way.
You need an eligible Prime membership to hold this version of the card: "The Prime Visa card account, which can earn more rewards than the Amazon Visa credit card account, is available to customers with an eligible Prime membership." Trial and monthly memberships count, per Amazon's page.
If Prime lapses, the card keeps working and drops to the 3% tier: "Your card account will no longer earn 5% back and will earn 3% back instead, if the Amazon.com account from which you applied for your card account: no longer has an eligible Prime membership". The 2% and 1% categories do not change. The annual fee is "None" on Chase's pricing and terms. Prime itself is a separate subscription you pay Amazon for; nothing on either page bundles Prime with the card.
At Amazon and Whole Foods with Prime, 5% with a $0 annual fee is the rate to beat. On everything else the card pays 1%, and a flat 2% card pays twice that, so plenty of people carry the Prime Visa for its 5% and 2% categories and a second card for the rest. Our best cash-back credit cards guide runs that math at different spend levels, and Freedom Unlimited vs Double Cash vs Discover it compares the $0-fee flat-rate cards head to head. For online stores outside Amazon, the Rakuten stacking guide covers how a portal rebate stacks on top of whichever card you pay with. Before you decide, confirm what your card earns today: sign in at Amazon.com, open Your Account, then Manage Payment Options, and expand your card's details. The line there says 5% or 3%.