Amazon Prime members now have one more perk to add to the plentiful pile of benefits their $99-per-year subscription secures: a credit card. That’s right—Amazon just announced that it’s launching a credit card specifically for the Prime set. The new card features benefits like no foreign transaction fees, travel protection, and 24/7 concierge service. And when used for Amazon purchases, the card will earn 5 percent cash back. How’s that for a deal?
Amazon introduced the Amazon Prime Rewards Visa Signature Card (as it’s officially named) in partnership with Chase. In addition to the rewards earned from Amazon transactions, cardholders will also earn 2 percent back at restaurants, gas stations, and drugstores. Plus, they’ll get 1 percent back on every other purchase. “We are adding even more value to Prime by offering rewards on Amazon and everywhere else you shop,” Amazon Vice President Max Bardon said in a press release.
In case you weren’t aware, Amazon also already offers a non-Prime specific credit card that’s open to anyone. Amazon Rewards Visa Signature cardmembers can earn 3 percent cash back on purchases at the online retailer. If existing holders of the card are Amazon Prime members, however, they’ll automatically be updated to the more lucrative Prime-only card.
“Hundreds of millions of people shop at Amazon.com and there is no better way to earn rewards for their purchases than Chase’s new Amazon Prime Rewards Visa Signature Card,” said CEO of Chase Card Services Kevin Watters in a statement. “We are thrilled to be working with Amazon to offer even more value to our cardmembers.”
All the more reason to keep Amazon Prime-ing everything you need straight to your doorstep and avoid setting foot in a real-life store ever again.
You might also like: