Amazon and Barclays have unveiled their latest collaboration, the Amazon Barclaycard, a new co-branded credit card designed to offer rewards on everyday spending. This card enhances customer benefits through cashback and special promotions, particularly for Amazon shoppers.
Key Features and Benefits
The Amazon Barclaycard provides users with up to 2% back on Amazon purchases during special shopping events, such as Cyber Monday and Black Friday. Cardholders earn 1% in rewards for standard Amazon purchases while spending outside of Amazon earns 0.5% for the first year and 0.25% after that. Amazon Prime members receive enhanced rewards of 2% on all Amazon purchases during select event days.
John Boumphrey, Amazon UK & Ireland Country Manager, emphasised, “We’re excited to introduce the Amazon Barclaycard – designed to offer cardmembers ways to earn rewards for their Amazon purchases and every day activities with no annual fee.” He further noted the card’s alignment with Amazon’s commitment to delivering value and savings to customers.
The card has no annual fee and comes with an initial £20 Amazon gift card upon approval. Additionally, it offers 0% APR on purchases for the first six months. After this period, the Representative APR is 28.9%, dependent on individual financial circumstances and borrowing history.
Steve Weston, Head of Everyday Money Management at Barclays, commented, “We’re delighted to introduce the Amazon Barclaycard, the perfect credit card for anyone who loves to shop at Amazon and wants to be rewarded for doing so on their everyday spend.”
Additional Features
The Amazon Barclaycard is powered by Visa, ensuring worldwide acceptance and robust fraud protection through Visa’s Zero Liability Policy. Cardholders can also enjoy Barclaycard’s entertainment perks, including advance pre-sales for selected UK events and discounts on food and drink at selected venues.
This card represents the latest development in the ongoing partnership between Amazon and Barclays, which also includes ‘Instalments’ – a scheme allowing Amazon customers to spread the cost of purchases over fixed monthly payments.
Conclusion
The Amazon Barclaycard is set to appeal to frequent Amazon shoppers and those seeking to maximise rewards on everyday purchases. By combining attractive cashback offers with no annual fee and added perks, Amazon and Barclays aim to provide significant value and convenience for their customers.
