Amazon and Chase Introduce New Prime Rewards Visa Card with 5% Back on All Amazon.com Purchases and Rewards Everywhere Else You Shop

Amazon and Chase Introduce New Prime Rewards Visa Card With 5% Back on All Amazon.com Purchases and Rewards Everywhere Else You Shop

New card offers Prime members no caps on rewards earned, no foreign transaction fees, and Visa Signature benefits

SEATTLE--(BUSINESS WIRE)--Jan. 11, 2017-- (NASDAQ: AMZN) - Amazon.com, Inc. and Chase today introduced the new Amazon Prime Rewards Visa Signature Card, the only card that offers 5% Back on all Amazon.com purchases and rewards everywhere else you shop, including 2% Back at restaurants, gas stations and drugstores, and 1% Back on every other purchase, available exclusively for eligible Prime members.

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Amazon Prime Rewards Visa Signature Card, the only card that offers 5% Back on all Amazon.com purchases and rewards everywhere else you shop. (Photo: Business Wire)

Existing Amazon Rewards Visa Signature cardmembers with an eligible Prime membership will be upgraded to the new Amazon Prime Rewards Visa Signature Card and enjoy 5% Back on all Amazon.com purchases, a newly designed metal card and no foreign transaction fees when traveling abroad or for cross-border shopping. Prime members can begin taking advantage of these new benefits by using their existing card until their new card arrives.

Cardmembers who are not eligible Prime members will now benefit from no foreign transaction fees and a refreshed card design, in addition to 3% Back at Amazon.com, 2% Back at restaurants, gas stations and drugstores, and 1% Back on every other purchase. Cardmembers can join Amazon Prime to earn 5% Back at amazon.com/prime.

We are adding even more value to Prime by offering rewards on Amazon and everywhere else you shop, said Max Bardon, Vice President at Amazon. Prime members will enjoy 5% Back on Amazon.com, 2% Back at restaurants, gas stations and drugstores, and 1% Back on every other purchase - plus best in class benefits including no foreign transaction fees, travel protection and 24/7 concierge service.

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 Kevin Watters, CEO of Chase Card Services. We are thrilled to be working with Amazon to offer even more value to our cardmembers.

Key Benefits of the new Amazon Prime Rewards Visa Signature Card:

5% Back on all Amazon.com purchases

2% Back at restaurants, gas stations and drugstores

1% Back on all other purchases

No cap on rewards earned

Rewards never expire and are redeemable on hundreds of millions of products at Amazon.com

No foreign transaction fees when traveling abroad or for cross-border shopping

No annual credit card fee

Zero fraud liability

Benefits including travel and purchase protections, as well as 24/7 concierge service, through Visa Signature

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

More to Prime

Tens of millions of Prime members around the world enjoy the many benefits of Prime. In the US that includes unlimited access to award-winning movies and TV episodes with Prime Video; unlimited access to Prime Music, Audible Channels for Prime, Prime Reading, Prime Photos, Twitch Prime; early access to select Lightning Deals, one free pre-released book a month with Kindle First, and more. 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. Start a free trial of Amazon Prime at www.amazon.com/prime.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about.

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.5 trillion and operations worldwide. Chase serves nearly half of America's 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: 5,300 branches, 16,000 ATMs, mobile, online and by phone. For more information, go to www.chase.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170111005311/en/

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