Amazon to stop accepting Visa credit cards from January 2022 – here’s all you need to know

XrisChants

We use Amazon a lot and only have Visa credit cards. One we use for household items, and the other for our own purchases. We also have prime, and kindle unlimited. I don’t want or need another credit card and am wary of using debit cards as they link to bank accounts, again we have one for the household, and others for personal accounts. If nothing changes we will cancel the kindle subscription, and set up a payment card for purchases which will mean we will look elsewhere for many items at retailers that do accept visa credit cards.  We will cancel the prime facility when it is due for renewal in a few months time. We don’t see why, as customers and therefore Amazon’s bread and butter, should be bullied into changing our payment options! Hopefully the two companies will resolve their issues soon ….

emmajones1976

Migster said:

The curious thing though is that Mastercard and Visa both increased their interchange rates as the transactions are now deemed to be cross-border (Mastercard did it first), but Amazon is only throwing its toys out of the pram with Visa.

Migster said:

The curious thing though is that Mastercard and Visa both increased their interchange rates as the transactions are now deemed to be cross-border (Mastercard did it first), but Amazon is only throwing its toys out of the pram with Visa.

At a guess, they have managed to secure a better rate with Mastercard and therefore dont see the need to go down the same route.

tronator

LaHostessAvecLaMostess said:

... but they paid a total tax of £1bn out of £20bn in sales, so about 5%....

Do you know the difference between revenue (sales) and profit? It would be crazy if companies need to pay taxes on their revenue.

blue.peter

XrisChants said:

We use Amazon a lot and only have Visa credit cards. One we use for household items, and the other for our own purchases. We also have prime, and kindle unlimited. I don’t want or need another credit card...

There is a way round this. Curve. It's not a credit card, but (a) is a MasterCard and (b) your Visa can be linked to it.

See the Curve's web site for more info.

cx6

Curve is a good idea, but would you get S75 protection? Not that you tend to need it with Amazon but you never know...

blue.peter

cx6 said:

Curve is a good idea, but would you get S75 protection?

As I understand it, no, but they have their own protection scheme.

RN61

Apparently, if you have a Mastercard or any sort of debit card set as your default payment method you can still add a Visa credit card and then set it as default. After a few days, the chances are Amazon will notice* and offer you £20 credit to add .... a Mastercard or any sort of debit card and set it as your default payment method. Which could include the one you deleted earlier.... 

*(check Payment Methods page)

emilyjane92

RN61 said:

Apparently, if you have a Mastercard or any sort of debit card set as your default payment method you can still add a Visa credit card and then set it as default. After a few days, the chances are Amazon will notice* and offer you £20 credit to add .... a Mastercard or any sort of debit card and set it as your default payment method. Which could include the one you deleted earlier.... 

*(check Payment Methods page)

okay, will check this out thanks. Still think it is ridiculous not accepting Visa. I understand their reasons but can't help but feel this is something that will only be temporary and Amazon are just playing a game with Visa.

barans54

I applied for the Amazon Mastercard and was rejected at the first check.

I have never been refused a credit card or credit of any sort in my life and have an excellent credit score, so it came as a bit of a shock, the only thing I can put it down to is that I'm retired.

I am a hown owner with no mortgage, no dependants, and two good pensions.

I immediately applied for an American Express card and was welcomed with open arms, also got a Santander credit card as well just to check if there was something wrong that I wasn't spotting on my credit report.

I contacted New Day, the company who manage the card for Amazon, they reviewed my application and eventually sent a letter rejecting me again and refusing to give a reason. Not a pleasant experience.

MDMD

emilyjane92 said:

RN61 said:

Apparently, if you have a Mastercard or any sort of debit card set as your default payment method you can still add a Visa credit card and then set it as default. After a few days, the chances are Amazon will notice* and offer you £20 credit to add .... a Mastercard or any sort of debit card and set it as your default payment method. Which could include the one you deleted earlier.... 

*(check Payment Methods page)

okay, will check this out thanks. Still think it is ridiculous not accepting Visa. I understand their reasons but can't help but feel this is something that will only be temporary and Amazon are just playing a game with Visa.

Amazon have commercial deals with both MasterCard and American Express Amazon cards so they will almost certainly get a preferential rate on those networks.