Chase has announced a multi-year extension of the co-branded Amazon Prime Rewards Visa Signature credit card.
The extension aims to reinforce the more than 20 years-long commitment between Chase and Amazon to offer card-members the best in rewards, benefits, and customer service.
Marianne Lake, co-CEO of Chase, stated:
“We are incredibly proud of our 20-year co-branded credit card relationship with Amazon and are thrilled to be extending it. Amazon’s commitment to customers and passion for innovation have enabled us to work together to offer a payment option that benefits Amazon customers. Looking to the future, we’re excited to continue delivering new features for this product that delight cardmembers.”
The Amazon Prime Rewards Visa Signature credit card provides rewards to Amazon clients which include 5% back on all Amazon.com and Whole Foods Market purchases, 2% back at restaurants, gas stations and drugstores, and 1% back on every other purchase, available exclusively for qualified Prime members.
As mentioned in the update, card-members may take advantage of zero foreign transaction fees when traveling overseas or for cross-border shopping, no cap and no expiration on earned rewards, as well as no annual credit card fee.
Max Bardon, VP at Amazon, remarked:
“When we first introduced the Amazon Prime Rewards Visa Signature credit card we were excited to add even more value to Prime by offering rewards on Amazon and everywhere else customers shopped. We look forward to continuing our work with Chase and its technology and capabilities to enable this seamless, benefit-added payment option to Amazon customers.”
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a financial services firm based in the US with assets of $3.7 trillion and operations globally.
Chase serves over 60 million American households with “a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing.”
Customers can choose “how and where they want to bank:” Nearly 4,800 branches “in 48 states and the District of Columbia, 16,000 ATMs, mobile, online and by phone.”