Chase Amazon Rewards Card: Redeem Points at Checkout
Amazon’s Shop with Points is a newly launched feature that is connected to the rewards balance on the Amazon.com Rewards Visa Card. Points earned on the merchant-branded card from Chase (NYSE: JPM) can now be spent directly through Amazon’s checkout.
When the card is selected as the payment method on Amazon.com, customers have the option of using rewards points to pay for all or part of the purchase.Meanwhile, the original program of rewards for the card remains unchanged - the points can still be redeemed against gift certificates, cash back, gift cards travel or airline tickets.
Previously, cardholders can use points to buy an Amazon.com gift certificate - the minimum cash value was $ 25 for 2500. Now, with shop with the points, cardholders can use their points on Amazon.com for a total of 100 points per dollar.
"This new feature offers tremendous value with a quick and easy access to points redeemable against rewards of instant millions of items at Amazon.com,” said Chris Conrad, general manage at Chase Card Services.
The Amazon.com Rewards Visa Card is a popular rewards credit card among frequent shoppers at the world’s largest online retailer. Cardholders earn 3 points for every dollar spent on Amazon.com, 2 points for every dollar spent on gas, restaurants, drug stores, and office supply stores, and 1 point per dollar on everything else.
While the new feature may seem like an added layer of convenience, Shop with Points may also serve as a cost-saving strategy for Chase because cardmembers will no longer earn 3 points per dollar spent if rewards points were used to pay for all or part of the purchases made on Amazon.com.
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With the new Amazon Shop with Points feature, cardmembers may also combine any amount of points with their Amazon.com Visa card, Amazon.com Gift Cards, or Amazon Payments account balance to pay for their purchases -- as many or as few as they want.
Meanwhile, the original rewards program for the card remains unchanged – points can still be redeemed for gift certificates, cash back, travel gift cards, or airline tickets. Previously, cardmembers can use points to redeem an Amazon.com gift
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