WILMINGTON, DEL. – May 1, 2023 – Chase, in collaboration with Amazon, has announced a significant enhancement to its Amazon Visa card portfolio, introducing compelling new travel benefits for cardholders. This exciting update focuses on providing increased value and flexibility, particularly for travel enthusiasts who are also Chase cardholders. The revamped program, launched today, includes boosted rewards on travel booked through Chase’s enhanced platform and the innovative addition of daily rewards redemption. Furthermore, the cards are getting a fresh look with new names – Prime Visa and Amazon Visa – and updated designs to reflect these enhanced benefits.
For those who love to travel, the most notable update is the generous rewards now available on travel purchases. Prime Visa cardmembers can now earn an impressive 5% cash back on all purchases made through Chase Travel, Chase’s newly enhanced and user-friendly travel booking platform. Amazon Visa cardmembers also benefit significantly, earning 3% cash back on travel booked through the same Chase Travel platform. This new benefit positions these cards as strong contenders for travelers seeking to maximize their rewards.
Beyond travel, Chase is also enhancing everyday rewards. Both Prime Visa and Amazon Visa cardholders will now earn 2% cash back on local transit and commuting expenses, including popular rideshare services. This expansion of bonus categories acknowledges the daily spending habits of cardholders, making these cards even more valuable for everyday use.
In a move towards greater convenience and faster access to rewards, Chase is introducing daily rewards. Cardmembers can now earn, view, and redeem their rewards points daily, rather than waiting for monthly statements. This immediate access to rewards provides greater flexibility and allows cardholders to utilize their earnings sooner.
The core benefits that cardholders have come to rely on remain unchanged and highly competitive. Prime Visa cardmembers continue to enjoy an uncapped 5% cash back on all Amazon purchases. This is in addition to the extensive benefits of an Amazon Prime membership, creating a powerful combination of savings and convenience. Amazon Visa cardmembers will still receive a solid 3% cash back on their Amazon purchases, ensuring valuable returns on their online spending.
“The integration of travel-centric earning opportunities and the introduction of daily rewards redemption signifies our commitment to delivering even greater and faster value to our cardmembers,” stated William Mahoney, General Manager of Amazon Visa cards at Chase. This statement underscores Chase’s focus on customer satisfaction and providing tangible benefits that align with cardholder needs.
To celebrate the launch of these enhanced benefits, Chase is offering attractive limited-time welcome bonuses for new cardmembers. New Prime Visa cardmembers will receive a $150 Amazon gift card upon approval. Furthermore, they can earn an exceptional 5% cash back on all purchases for the first three months, up to $2,500 in spending. New Amazon Visa cardmembers are also being welcomed with a $60 Amazon gift card and the opportunity to earn 3% cash back on all purchases for the first three months, up to $1,500 in spending. These limited-time offers provide a compelling incentive to apply for these newly enhanced cards.
Tyler Aldrich, director of Amazon Payment Products, added, “We are thrilled to offer cardmembers – both Prime members and non-Prime members – even more avenues to accrue rewards on their Amazon purchases and everyday spending.” This reinforces the broad appeal of these card updates, catering to a wide range of consumers. “We are dedicated to providing customers with exceptional value throughout their shopping journey, and we eagerly anticipate introducing further innovative ways for customers to save and earn on Amazon.”
For individuals interested in experiencing the benefits of Prime membership, Amazon offers a free 30-day trial at amazon.com/prime. Importantly, rewards can be earned on both the Prime Visa and Amazon Visa even during the Prime trial period, allowing new customers to immediately take advantage of the enhanced program.
Key Benefits at a Glance:
Prime Visa (Formerly Amazon Prime Rewards Visa Signature Card)
- NEW: 5% cash back on Chase Travel purchases (with eligible Prime membership)
- NEW: 2% cash back on local transit and commuting, including rideshare
- Unchanged: 5% cash back at Amazon and Whole Foods Market (with eligible Prime membership)
- Unchanged: 2% cash back at restaurants and gas stations
- Unchanged: 1% cash back on all other purchases
- Unchanged: No annual fee
- Unchanged: No foreign transaction fees
- Unchanged: Comprehensive suite of protection benefits and services, including:
- Auto Rental Collision Damage Waiver
- Baggage Delay Insurance
- Lost Luggage Reimbursement
- Roadside Dispatch
- Travel Accident Insurance
- Travel and Emergency Assistance
- Extended Warranty Protection
- Purchase Protection
Amazon Visa (Formerly Amazon Rewards Visa Signature Card)
- NEW: 3% cash back on Chase Travel purchases
- NEW: 2% cash back on local transit and commuting, including rideshare
- Unchanged: 3% cash back at Amazon and Whole Foods Market
- Unchanged: 2% cash back at restaurants and gas stations
- Unchanged: 1% cash back on all other purchases
- Unchanged: No annual fee
- Unchanged: No foreign transaction fees
- Unchanged: Same robust protection benefits and services as the Prime Visa
For complete details on the welcome offer, and to explore the full benefits of the Amazon Visa or Prime Visa, please visit Amazon.com/PrimeVisa.
About Chase
Chase is the U.S. consumer and commercial banking arm of JPMorgan Chase & Co. (NYSE: JPM), a global leader in financial services with assets totaling $3.7 trillion and a worldwide presence. Chase serves approximately 80 million consumers and 5.7 million small businesses, offering a wide spectrum of financial solutions, encompassing personal banking, credit cards, mortgages, auto financing, investment advisory services, small business lending, and payment processing. Customers enjoy flexible banking options through over 4,700 branches across 48 states and the District of Columbia, a network of 16,000 ATMs, and convenient mobile, online, and phone banking services. For further information, please visit chase.com.
