B2B E-commerce News

Chase and Amazon Announce New Benefits and Features on the Amazon Visa Card Portfolio

Chase and Amazon Announce New Benefits and Features on the Amazon Visa Card Portfolio

New cardmembers are eligible for a limited time offer to earn 5% back (Prime members) and 3% back (non-Prime members) on all purchases for three months

Chase and Amazon announced new benefits and features on the Amazon Visa card portfolio, providing cardmembers with increased opportunity to earn cash back on purchases made with their card and a newly added feature to earn and redeem their rewards daily. The credit cards also feature new names—Prime Visa and Amazon Visa—and updated designs.

“We’re excited to offer cardmembers—whether Prime members or not—even more ways to earn rewards for their Amazon purchases and every day activities”

Prime Visa and Amazon Visa cardmembers can now earn 5% back and 3% back, respectively, on purchases made through Chase Travel, Chase’s new and enhanced travel booking platform. Both Prime Visa and Amazon Visa cardmembers can also now earn 2% back on local transit and commuting, including rideshare. Additionally, cardmembers are able to earn, view, and redeem rewards earned on their card daily, rather than monthly, with the introduction of daily rewards. Prime Visa cardmembers will continue to earn uncapped 5% back on Amazon purchases—on top of the savings, convenience, and entertainment that comes with Prime in one, single membership—while Amazon Visa cardmembers will receive 3% back on Amazon purchases.

Latest Fintech News: Comerica Bank Empowers Small Businesses with its Comerica CoWorkSpaces Program

“The addition of travel-based earn opportunities on the cards and ability to now redeem rewards points earned on purchases as soon as the next day means we’re providing even more value to our cardmembers, faster,” said William Mahoney, General Manager of Amazon Visa cards at Chase.

To celebrate the new benefits, for a limited time, new Prime Visa cardmembers will receive a $150 Amazon gift card and can earn 5% back on all purchases, up to $2,500, for three months after account opening. New Amazon Visa cardmembers will receive a $60 Amazon gift card and can earn 3% back on all purchases, up to $1,500, for three months after account opening.

Latest Fintech News: Partridge Wealth Launches Wealth Management Firm to Help Values-Driven Clients Pursue Their Life’s Purpose

“We’re excited to offer cardmembers—whether Prime members or not—even more ways to earn rewards for their Amazon purchases and every day activities,” said Tyler Aldrich, director of Amazon Payment Products. “We’re committed to providing customers value during their shopping experience, and we look forward to introducing more ways for customers to save and earn on Amazon.”

Customers interested in a Prime membership can sign up for a free 30-day trial at amazon.com/prime, and can earn rewards on either the Prime Visa or Amazon Visa during the Prime trial membership period.

A full list of Prime Visa and Amazon Visa benefits include:

Prime Visa (Formerly the Amazon Prime Rewards Visa Signature Card)

  • NEW: 5% back on purchases made through Chase Travel, with an eligible Prime membership
  • NEW: 2% back on local transit and commuting, including rideshare
  • 5% back at Amazon and Whole Foods Market, with an eligible Prime membership
  • 2% back at restaurants and at gas stations
  • 1% back on all other purchases
  • No annual fee
  • No foreign transaction fees
  • Protection benefits and services including:
    • Auto Rental Collision Damage Waiver
    • Baggage Delay Insurance
    • Lost Luggage Reimbursement
    • Roadside Dispatch
    • Travel Accident Insurance
    • Travel and Emergency Assistance
    • Extended Warranty Protection
    • Purchase Protection

Amazon Visa (Formerly the Amazon Rewards Visa Signature Card)

  • NEW: 3% back on purchases made through Chase Travel
  • NEW: 2% back on local transit and commuting, including rideshare
  • 3% back at Amazon and Whole Foods Market
  • 2% back at restaurants and at gas stations
  • 1% back on all other purchases
  • No annual fee
  • No foreign transaction fees
  • Same protection benefits and services as the Prime Visa, noted above.

Latest Fintech News: FiVerity Raises $4 Million to Launch Anti-Fraud Collaboration with Banks

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Quantiphi Recognized as an InsurTech100 Company, a List of 100 of the World’s Most Innovative InsurTech Companies by FinTech Global

Fintech News Desk

President of Bluestone Bank Meg McIsaac Elected to Massachusetts Bankers Association

Fintech News Desk

ValueZone Introduces State-of-the-Art Trading Bots for Optimal Crypto Investment Returns

GlobeNewswire
1