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Amazon teams up with Barclays to launch new credit card

Amazon teams up with Barclays to launch new credit card

Amazon has teamed up with Barclays to launch a co-branded credit card that rewards users for their everyday spending.

Amazon Barclaycard customers can earn 1% rewards on purchases made on the site and 0.5% rewards on all other spending for the first six months.

Prime members can also benefit from an additional 2% back from Amazon spending during the online giant’s designated shopping events, such as Cyber Monday, and Prime Day.

The card comes with no annual fee, with shoppers currently receiving a £20 Amazon gift card when their application is approved.

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The new card marks the latest tie-up between the brands, which includes ‘Instalments’ by Barclays in the UK, a reusable credit account that lets Amazon shoppers spread the cost of purchases over £100 across fixed monthly payments.

Amazon UK country manager John Boumphrey said: “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.

“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.”

While the credit card is currently only available to new Barclays customers, the brands are aiming to open applications for the bank’s existing customers during the coming months.

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