Unlock savings and rewards with the new Amazon Barclaycard!
- Amazon and Barclays launch a co-branded credit card.
- Cardholders earn 1% rewards on Amazon purchases and 0.5% on other spending for the first six months.
- Prime members can earn an additional 2% back during special shopping events.
- No annual fee and a £20 Amazon gift card upon application approval.
- The card is part of a broader partnership, including Barclays’ ‘Instalments’ service.
Amazon has partnered with Barclays to introduce a new co-branded credit card that offers exciting rewards for everyday spending. With the Amazon Barclaycard, customers can earn 1% back on purchases made on Amazon and 0.5% on all other purchases for the first six months. For Prime members, there’s even more to gain, as they can earn an additional 2% back during special shopping events like Cyber Monday and Prime Day. The card comes with no annual fee, and new applicants will receive a £20 Amazon gift card once their application is approved. This launch is part of a growing collaboration between Amazon and Barclays, which also includes the ‘Instalments’ service in the UK, allowing shoppers to spread the cost of purchases over £100 with fixed monthly payments. John Boumphrey, Amazon UK’s country manager, expressed excitement about the new card, emphasizing its value for customers looking to earn rewards on their Amazon purchases and everyday activities. Currently, the card is available only to new Barclays customers, but there are plans to open applications for existing customers in the near future.
Factuality Level: 8
Factuality Justification: The article provides accurate and relevant information about the new Amazon Barclaycard and its rewards system. It also mentions the lack of annual fee and the current availability for new Barclays customers only, with plans to open applications for existing customers soon. The information is presented objectively without any clear bias or personal perspective.
Noise Level: 3
Noise Justification: The article provides relevant information about a new co-branded credit card launched by Amazon and Barclays, with details on rewards and benefits for users. It also mentions the existing partnership between the two brands in the UK. However, it lacks in-depth analysis or exploration of long-term trends or consequences of this collaboration.
Financial Relevance: Yes
Financial Markets Impacted: The new co-branded credit card between Amazon and Barclays impacts financial markets by potentially affecting consumer spending habits and the credit card industry.
Financial Rating Justification: This article discusses a partnership between Amazon and Barclays to launch a new co-branded credit card, which can impact consumer behavior in terms of their spending and choice of credit cards. This could have implications for the credit card industry and financial markets as well.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: Minor
Extreme Rating Justification: There is no extreme event mentioned in the text, and the information provided does not meet any of the criteria for a major impact level.
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