amazon credit card closing down

Doc_N

I think we can be reasonably certain that Amazon will be bringing out a replacement card with an Amazon giftcard cashback before long using a different bank to run it. Their current agreement with MBNA probably prevents them from marketing it or even referring to it until a certain date has passed.

dj1471

Doc_N wrote: »

I think we can be reasonably certain that Amazon will be bringing out a replacement card with an Amazon giftcard cashback before long using a different bank to run it. Their current agreement with MBNA probably prevents them from marketing it or even referring to it until a certain date has passed.

Guaranteed to be an Amex if they do...

planteria

dj1471 wrote: »

Guaranteed to be an Amex if they do...

and if it is, better of getting a proper American Express card:A

Doc_N

dj1471 wrote: »

Guaranteed to be an Amex if they do...

I doubt it - not universally accepted. Visa or Mastercard, but bank yet to be confirmed.

GadgetGuru

Doc_N wrote: »

I think we can be reasonably certain that Amazon will be bringing out a replacement card with an Amazon giftcard cashback before long using a different bank to run it. Their current agreement with MBNA probably prevents them from marketing it or even referring to it until a certain date has passed.

I hope the points are at the same rate as well and not dropped even further!

planteria

Doc_N wrote: »

I doubt it - not universally accepted. Visa or Mastercard, but bank yet to be confirmed.

could Amazon just back the cards themselves?
Amazon Bank anyone?:wave:

Any

I also received a letter and mine states that I'll get MBNA rewards card and that I'l earn double points in the first three months... which would make it 1% for the 3 months? Need to look at it closer. And cancel some cards I needed to cancel for some time as I am not using them...
Just general clear out and look at some new cards.

King_Of_Fools

Interesting, so I guess everybody who got a letter that did not mention the rewards card will just be getting the basic non-rewards one.

Any

Must be, mine has rewards mentioned in big bold letters so it's not like others could have just overlooked it being mentioned.
Still looks like it will be only Mastercard, no mentioning of Amex at all and on enclosed leaflet is just a picture of Mastercard.
I hold another MBNA non reward card, wonder whether that made a difference in their decision..? If they were reviewing acoounts...

Krash420

That doesn't bode well for me. Mine only says MBNA Credit Card, nothing about a rewards card or getting double points for the first three months... not good...