15 March 2017
Amazon has today introduced a new card for Prime customers. The card is an upgrade of the existing Visa card and offers 5% back on all Amazon.com purchases. It also provides 2% Back at restaurants, gas stations and drugstores, and 1% Back on every other purchase, available exclusively for eligible Prime members.
The new Amazon Prime Rewards Visa Signature Card has been issued by J.P. Morgan Chase & Co. in collaboration with Visa. The card doesn’t have an annual fee or foreign-transaction fees. Max Bardon, Vice President at Amazon was quoted as saying:
“We are adding even more value to Prime by offering rewards on Amazon and everywhere else you shop. Prime members will enjoy 5% Back on Amazon.com, 2% Back at restaurants, gas stations and drugstores, and 1% Back on every other purchase – plus best in class benefits including no foreign transaction fees, travel protection and 24/7 concierge service.”
Existing Amazon Rewards Visa Signature cardholders having a Prime membership will be automatically upgraded to the new Amazon Prime Rewards Visa Signature Card. They will then be able to enjoy all the benefits including 5% Back on all Amazon.com purchase.
Amazon Prime membership provides free two-day shipping on eligible purchases at a cost of $99 per year.
You can head over to amazon.com/PrimeRewardsVisaCard to learn more about the Amazon Prime Rewards Visa Signature Card.