Amazon launches Chase card for Prime members

amazon chase card

Amazon and Chase have co-launched a credit card for Amazon Prime members.

Amazon (AMZN) and Chase, the credit card division of JPMorgan Chase (JPM), said the Amazon Prime Rewards Visa Signature Card provides 5% back on all purchases.

The card also provides 2% back on purchases at restaurants, gas stations and drugstores, and 1% back on all other purchases.

This is not a discount, but rather a credit that can be applied to other purchases at

According to Amazon, a purchase of $1,000 on would earn $50 that could be redeemed on future purchases.

The Chase card is different from the card that was already available, according to an Amazon spokesman, because it gives the customer credit for non-Amazon purchases.

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