Amazon and Barclays have launched a new co-branded credit card in the UK.
The new card enables customers to earn rewards on everyday spending which can be redeemed for gift cards on Amazon.co.uk.
The move comes after the two household names partnered on 'Instalments' by Barclays in the UK, a reusable credit account that lets Amazon customers spread the cost of purchases over £100 across fixed monthly payments.
The new Amazon Barclaycard, which is powered by Visa, enables customers to earn one per cent rewards on all Amazon purchases, 0.5 per cent rewards on everyday spending outside Amazon for the first 12 months, and 0.25 per cent after that.
“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,” said John Boumphrey, Amazon UK country manager. “Delivering value to our customers is incredibly important to us, so we’re delighted to introduce a new payment option that allows customers to save and earn on Amazon.”
Amazon Prime members will also get two per cent back from all spending with Amazon during designated shopping event days, including Cyber Monday, Black Friday, and Prime Day.
Customers can track their rewards balance and redeem their rewards for Amazon gift cards in the Barclaycard app.
Additionally, cardholders will have access to Barclaycard’s entertainment perks, including advance pre-sales for selected UK events, and 10 per cent off pre-sale tickets when they use their Amazon Barclaycard to pay. They will also get 10 per cent off food and drink at selected venues.
Steve Weston, head of everyday money management at Barclays, said: “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. This partnership highlights our commitment to deliver compelling offers for customers as part of our strategy to grow our UK credit card business.”
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