The online retailer is introducing a new card for Prime customers offering 5% back on all Amazon.com purchases.
Obviously, this card doesn't appeal to anyone who isn't on Prime, but it's yet another reason to take the Prime plunge or for current Prime members to squeeze every last value out of their $99-per-year membership. As for the other nuts and bolts of the card, the Amazon Prime Rewards card offers April of 14.74% to 22.74%.
"You can check if your card earns 5% Back on Amazon.com purchases by going to Your Account and clicking Manage Payment Options". Amazon announced that Amazon Prime Rewards Visa would come with 5 percent back on all Amazon purchase, 2 percent at select places like gas stations and one percent on all other purchases.
Amazon.com, Inc. (NASDAQ:AMZN) didn't just release its Prime credit card, but it's adding a new incentive - up to 5% cashback. You can see the press release below and if you sign up you can get Amazon's most popular item of the year for free and still have $20 left over!
In addition to rewards for Amazon purchases, the Prime card will give cardholders 2 percent cash back for purchases at restaurants, gas stations and drugstores and 1 percent back on all other purchases. "We are thrilled to be working with Amazon to offer even more value to our cardmembers". Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. Start a free trial of Amazon Prime at www.amazon.com/prime. It's price point of $49.99.