Just saw this on Yahoo Finance. Considering most of my online shopping is on Amazon, 5% is a pretty slick deal.
This is also another example of Amazon moving further across and up the commerce funnel.
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@rrhoover it's a great card, I've had it for about a year at 3% and now 5% is a huge win. Earnings post to your Amazon account seamlessly and you can apply them at checkout like a payment method.
I've used the Amazon Prime Rewards Card for a few years now - love it. Every few months it's nice use the accumulated points for free Amazon purchases 😊
And the new one is 5% instead of the 3%, plus it's metal 😮
@nivo0o0 why the fuck is it made of metal when it's only usable online on Amazon.com ? what a waste of money lol. the physical card is useless once you add it to your amazon.com account
Protip: if you have the card already and are a prime member, you can upgrade your rewards within your Amazon account: http://amazon.com/wallet?ref_=ya... (select your card, and click "upgrade" or similar)
@tarungangwani looks like mine was automatically updated from Amazon Rewards to Amazon Prime Rewards. Well done.
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@ggnall@tarungangwani same! I also noticed that my girlfriend's non-Prime rewards card is eligible to upgrade, BUT you can only have one 5% card attached to each Prime account.
@_jacksmith Yes, hearing that as well from folks. Nice, user-centered thing for them to do.
Prime has to go down as one of the most important services ever created on the internet.
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I'm curious if the 5% back also applies to AWS bills? In the offer details it says "buying products and services with your card, in most cases, will count as a purchase." If so, this would be a nice way to save 5% on monthly infrastructure costs.
@ckalima I've had the card for years now, and my $0.55 monthly AWS bills (not a big personal AWS user) have gotten the 3x treatment. It's probably safe to assume it'll start getting 5x now.
The Amazon store card has been giving 5% back as a statement credit for a while. I get that this has more rewards elsewhere, but it doesn't seem new to me.
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@tomjohndesign It's not revolutionary but there's some added convenience to being able to use the amazon visa card where the same, single card can be used widely outside of amazon.com and get 5% back for purchases on amazon.com. The amazon store card has limited use outside of amazon.com.
@tomjohndesign I'm surprised more people didn't know about the 5% "store card" version, I've had that for years and getting 5% back on all Amazon purchases for the last 4 years. Getting another Visa card that has lower rewards that other cards based on category points doesn't make sense for me, but the 3-5% bump will probably net them more customers long term, even if for most customers it won't be truly beneficial as a Visa card.
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