Amazon renews credit card deal with JPMorgan
Reuters
Published Feb 04, 2016 05:10PM ET
Amazon renews credit card deal with JPMorgan
(Reuters) - Amazon.com Inc (O:AMZN), the world's No. 1 online retailer, has renewed its long-running credit card relationship with JPMorgan Chase & Co (N:JPM), a spokesman for Amazon said on Thursday.
The Amazon Chase credit card, which runs on Visa Inc's payment network service, provides shoppers on Amazon.com with instant savings of 3 percent, amongst other benefits.
The Amazon spokesman declined to elaborate on details of the renewed relationship with JPMorgan.
At least one other card issuer was also interested in a tie-up with Amazon for payment cards, the Wall Street Journal reported earlier in the day, citing people familiar with the matter.
A JPMorgan spokeswoman declined to comment.
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Written By: Reuters
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