Amazon Chase Card Offers Cash Back For Prime Members

Samuel SharpJan 12, 2017

Amazon (AMZN, Tech30) and Chase, the credit card division of JPMorgan Chase (JPM), said the Amazon Prime Rewards Visa Signature Card provides 5% back on all Amazon.com purchases.

In order to avail the brand new card that was released this Wednesday, interested users need to sign up for Amazon Prime.

The card represents the latest in many offers that are increasingly.

Current Prime members with an existing Amazon Rewards Visa Signature card will be upgraded automatically to the new Prime metal card from Chase, as long as their Prime membership is eligible (criteria include having the card as your exclusive payment method in your Amazon wallet).

"We are adding even more value to Prime by offering rewards on Amazon and everywhere else you shop", said Max Bardon, Amazon vice president, said in a statement.


According to Amazon, a purchase of $1,000 on Amazon.com would earn $50 that could be redeemed on future purchases.

The new card, Amazon Prime Rewards Visa Signature Card with Chase Bank, is the next generation of the Amazon Rewards Visa Signature card that gives members 3 percent back on all Amazon purchases. "We are thrilled to be working with Amazon to offer even more value to our cardmembers". Though those generous benefits may hurt the company's bottom line as it essentially subsidizes its sales, it appears to be a solid tactic to get more and more people hooked. Prime was built on the foundation of unlimited fast, free shipping and today, members receive Prime Two-Day Shipping on more than 40 million items, Prime Same-Day Delivery in 29 cities and two-hour delivery with Prime Now in more than 30 cities.

Spend a lot of time shopping on Amazon?

To learn more about the Amazon Prime Rewards Visa Signature Card visit: amazon.com/PrimeRewardsVisaCard.

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