Amazon Expands Credit Card Options in Germany and the UK
Hey FinTech Fanatic!
Greetings from Bogotá, Colombia! After an invigorating week in Curaçao, I’m thrilled to be here, diving into what promises to be an exciting week ahead. The agenda is packed with meetings with some of the most innovative minds in the local FinTech industry, and I’m looking forward to the opportunities and insights that this vibrant city has to offer. More updates from Colombia to follow soon.
Now over to my FinTech news highlights of today:
Amazon has launched two new credit cards in partnership with Santander in Germany and Barclays in the UK, enhancing its financial offerings in Europe.
In Germany, the Amazon Visa credit card, offered with Santander, has no annual fee and allows customers to earn 1% back on Amazon.de purchases and 0.5% on other spending.
Prime members can earn 2% back on Amazon purchases during special events like Prime Day. Points can be tracked and redeemed through the Amazon Visa app, and payments are managed via Zinia, Santander's financing platform.
In the UK, Amazon has introduced the Amazon Barclaycard, which offers 1% back on Amazon purchases and 0.5% on other spending for the first year, decreasing to 0.25% thereafter.
Prime members earn 2% back on Amazon during events like Black Friday. The card also comes with no annual fee, a £20 Amazon gift card upon approval, and 0% APR on purchases for the first six months. Additional perks include access to exclusive UK event pre-sales and discounts at select venues.
These new cards, powered by Visa, reflect Amazon's commitment to providing valuable rewards and enhancing the Prime membership experience across Europe.
Enjoy more FinTech industry updates below, and I'll be back in your inbox tomorrow!
Cheers,
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