Amazon announced the launch of its new credit card

Earlier this week Amazon announced the launch of its new credit card 14.06.19

Amazon - the mega stock e-commerce store has partnered with the publicly traded bank, Synchrony Financial, to release the ‘Amazon Credit Builder’. 

If applicants do not qualify for a regular credit card with Amazon, they can start with this new addition and build up credit via cash-back and other rewards until they ‘graduate’ for a more premium card offered by the e-commerce giant.

Of course, we as the consumer know that it is another clever way to keep people within the Amazon ecosystem by offering such a card, but we want to know what you think - will it benefit the ‘below-average’ earner? Or is it just another corporate way to keep Amazon’s stock rising?

New Amazon Classic Mastercard cardholders receive a special promotional interest rate of 0% pa on all purchases for 3 months from the date of account opening. ... Full details are provided on the Amazon Classic Mastercard application page and when you receive your card.

You can use your new Amazon Platinum MasterCard on Amazon.co.uk as soon as you are approved. ... Customers typically receive their Amazon PlatinumMasterCard by post 7-10 days after being approved. Once you receive and activatethe physical card, you can begin using it anywhere MasterCard is accepted.

Amazon has launched a new reward credit card that offers shoppers' points to be redeemed on the site. The Amazon Platinum Mastercard offers 0.75 points for every £1 spent on Amazon and 0.5 points per £1 on purchases everywhere else. ...Amazon is currently offering a £10 gift card to new cardholders.

If you have multiple Amazon Rewards Visa Signature Cards, select which card you would like to earn 5% Back with purchases made at Amazon.com and Whole Foods Market. Only one card at a time can be linked to your eligible Prime membership.

According to the Amazon.com website, you will need the following minimum creditscores to have a likely chance of being approved: Excellent (720+); Good (680); and Fair (640). ... The Amazon Store Card is as advertised. You can only use the cardonly for Amazon.com purchases.

Brought to you after researchingby  VCash-Marketing