PSE&G Amazon.se Credit Card Review: Is It Right for You?

The PSE&G Amazon.se Credit Card has been sparking curiosity among shoppers who spend heavily on Amazon Sweden. With its promise of rewards tailored to online purchases, many wonder whether it truly delivers value. In this review we break down the card’s key features, fees, and suitability so you can decide if it fits your spending habits.

What Is the PSE&G Amazon.se Credit Card?

Issued by PSE&G in partnership with Amazon, the card is marketed primarily to Swedish customers who frequently shop on Amazon.se. It functions like a typical revolving credit card: you can carry a balance, earn reward points, and pay a minimum monthly balance. The card is available to anyone with a valid Swedish ID and a good credit history.

Key Benefits and Features

• Amazon Rewards: Earn 5% back on all Amazon.se purchases up to a monthly cap.
• Flexible Repayment: Minimum payment of 3% of the balance or a flat €50, whichever is higher.
• Global Acceptance: Visa acceptance worldwide, so you can use it for travel or in-store purchases.
• Digital Wallet Compatibility: Supports Apple Pay, Google Pay, and Samsung Pay.

Fees, APR, and Terms

The card carries an annual fee of €49. The APR is tiered: 18.9% for balances above €1,000 and 16.5% for smaller balances. Late payments incur a 10% penalty, and foreign transaction fees are 1.5% of the purchase amount. There is also a $15 fee for each cash withdrawal at an ATM.

Is This Card a Good Fit for Amazon Shoppers?

If your primary shopping destination is Amazon.se, the rewards structure can significantly reduce your overall costs. However, the cap on 5% back and the relatively high annual fee mean that casual shoppers may see limited benefits.

Reward Structure for Amazon Purchases

Every purchase on Amazon.se earns you 5% back in the form of reward points. Points can be redeemed for future Amazon orders or transferred to a partner airline program. The cap—currently set at €200 per month—means you’ll earn a maximum of €10 in rewards each month.

Extra Perks

• 24/7 fraud monitoring and zero-liability protection.
• Complimentary Amazon Prime Student membership for the first year.
• Travel insurance covering lost luggage and emergency medical expenses.

Potential Drawbacks and How to Mitigate Them

While the card offers solid rewards for Amazon spending