Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), and Amazon (NASDAQ:AMZN) recently 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.”
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.”
William Mahoney, General Manager of Amazon Visa cards at Chase, said:
“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.”
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.”
Tyler Aldrich, director of Amazon Payment Products, said:
“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. 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 list of some of the Prime Visa and Amazon Visa benefits include:
- Prime Visa (Formerly the Amazon Prime Rewards Visa Signature Card)
- 5% back on purchases made through Chase Travel, with an eligible Prime membership
- 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 station
- 1% back on all other purchases
- No annual fee
