19 February 2018
Visit www.avoka.com

Amazon.co.uk and MasterCard team on credit card

01 October 2009  |  3154 views  |  0 Source: MasterCard

Amazon.co.uk and MasterCard have joined forces to launch an innovative new credit card.

The Amazon.co.uk MasterCard, issued by MBNA Europe Bank Limited, allows customers to apply and then make purchases online immediately if their application has been approved.

It also offers competitive rates of interest and a highly attractive balance transfer rate, as well as a Loyalty Points scheme which can be redeemed against millions of products on the Amazon.co.uk website. Simply by spending on their card within 180 days of account opening, customers will receive a one-off £15 credit into their credit card account.

Customers who apply online for an Amazon.co.uk MasterCard will receive a decision, within seconds, that has passed through a full and rigorous underwriting system. This allows customers to make purchases immediately on Amazon.co.uk.*

Whenever an Amazon.co.uk MasterCard customer spends on their card, Loyalty Points will automatically accumulate. These points are converted to gift certificates that are emailed to customers and can be redeemed against products on the Amazon.co.uk website.

The Amazon.co.uk card offers customers benefits including:

  • For purchases on Amazon.co.uk, the cardholder will be rewarded with 1 Loyalty Point for every £1 they spend (£10 of card purchases will earn 10 points)
  • For purchases outside Amazon.co.uk, the cardholder will be rewarded with 1 Loyalty Point for every £2 they spend (£10 of card purchases will earn 5 points)
  • For every 1,000 points accumulated, cardholders will automatically receive a £10 gift certificate for use towards Amazon.co.uk purchases.
  • Customers will receive a one-off £15 credit to their credit card if a purchase is made within 180 days of the account open date.
  • No annual fee
  • 16.9% APR typical (variable)
  • 0% on card purchases for 9 months from the date the account is opened (only on Amazon.co.uk, 16.9% elsewhere.)
  • 0% interest on balance transfers for 12 months from account opening (3% handling fee applies), providing the transfer is made within 90 days of opening the account.

Additional benefits of the Amazon.co.uk MasterCard include access to online banking to view account details, check your balances and transactions (including your Amazon.co.uk Loyalty Points balance), set up direct debits and carry out balance transfers. Amazon.co.uk cardholders will also have access to a free 24-hour worldwide customer help and support line.

Brian McBride, Managing Director of Amazon.co.uk Ltd, said: "Customers expect great value and unrivalled convenience from Amazon.co.uk and this new Amazon.co.uk MasterCard offers just that. With the Loyalty Points scheme, customers can enjoy significant rewards, allowing even greater value to be gained from shopping at Amazon.co.uk."

Hany Fam, Group General Manager, MasterCard UK & Ireland, said: "We're delighted to be working with Amazon.co.uk and this launch further underlines the strength of MasterCard's partnerships in the global retail sector."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsvisit www.ebaday.comVisit http://info.nice.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11508 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9066 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
8924 views 10 comments | 22 tweets | 26 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8817 views comments | 15 tweets | 43 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7458 views comments | 12 tweets | 10 linkedin

Featured job

Find your next job