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Amazon Newday ending November

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  • WillPS
    WillPS Posts: 4,305 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    According to https://www.amazon.co.uk/credit/creditcard-rewards  Amazon are to launch a new credit card.
    rumours are that its barclays who they will partner with but thats probably only because they already use them for the monthly payments for higher value purchases. 



    Surely Amex, who already issue their corporate credit cards, is a more likely candidate?
  • older_wiser
    older_wiser Posts: 2,447 Forumite
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    KxMx said:
    That link takes me to a sign in page, after which I see Amazon Mastercard provided by New Day,  which is exactly what we have now.
    if you read further down it says 

    We’ll be launching a brand-new Amazon-branded credit card that rewards you every time you spend. We’ll be in touch with more details on the new card so customers can stay up to date and sign up for exclusive early access.
  • KxMx
    KxMx Posts: 10,677 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thank you for the information- I went back,  scrolled down and checked the FAQ tab as well but my page doesn't have that info.
  • older_wiser
    older_wiser Posts: 2,447 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    WillPS said:
    According to https://www.amazon.co.uk/credit/creditcard-rewards  Amazon are to launch a new credit card.
    rumours are that its barclays who they will partner with but thats probably only because they already use them for the monthly payments for higher value purchases. 



    Surely Amex, who already issue their corporate credit cards, is a more likely candidate?
    good point i wouldn't be surprised to see Amex get it i still think its more likely barclays but thats just because Amex can be abit picky when it comes to customers

    If its the volume of customers amazon want to increase then its more likely barclays or even a smaller company like jaja who have just released an asda credit card.  It will probably be launching this year if newday amazon credit close by november.

    They won't want to miss out on the christmas trade so the launch will be this year imo
  • older_wiser
    older_wiser Posts: 2,447 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    KxMx said:
    Thank you for the information- I went back,  scrolled down and checked the FAQ tab as well but my page doesn't have that info.
    i'm not sure when the page was updated maybe recently and thats why some people yourself included can't see it

    it says they will get in touch via email for early access to the card so for people who can't see the updated page and want an amazon reward card then just wait for the email. 




  • WillPS
    WillPS Posts: 4,305 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    WillPS said:
    According to https://www.amazon.co.uk/credit/creditcard-rewards  Amazon are to launch a new credit card.
    rumours are that its barclays who they will partner with but thats probably only because they already use them for the monthly payments for higher value purchases. 



    Surely Amex, who already issue their corporate credit cards, is a more likely candidate?
    good point i wouldn't be surprised to see Amex get it i still think its more likely barclays but thats just because Amex can be abit picky when it comes to customers

    If its the volume of customers amazon want to increase then its more likely barclays or even a smaller company like jaja who have just released an asda credit card.  It will probably be launching this year if newday amazon credit close by november.

    They won't want to miss out on the christmas trade so the launch will be this year imo

    My gut is that if volume was their primary concern they wouldn't have dropped NewDay as they're one of the more accommodating lenders.
  • IanManc
    IanManc Posts: 2,197 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    In the US Amazon credit cards are provided by JP Morgan Chase, and the arrangement has only recently been renewed, so perhaps Chase could be a candidate to be the new UK credit card provider for Amazon.
  • jay1804
    jay1804 Posts: 444 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    edited 22 August 2022 at 2:07PM
    From reading the FAQs, all points will convent an equivalent voucher.

    WHAT WILL HAPPEN TO MY REWARD POINTS?

      You will continue to earn Amazon Reward Points until 11th November (unless you choose to close your account before this date). Your account will be credited to the penny, for example, 1024 pts = £10.24 gift card credit. Your points balance will be automatically converted into a gift card and loaded to your Amazon account by the end of December 2022.
  • Maple08
    Maple08 Posts: 83 Forumite
    Second Anniversary 10 Posts
    jay1804 said:
    From reading the FAQs, all points will convent an equivalent voucher.

    WHAT WILL HAPPEN TO MY REWARD POINTS?

      You will continue to earn Amazon Reward Points until 11th November (unless you choose to close your account before this date). Your account will be credited to the penny, for example, 1024 pts = £10.24 gift card credit. Your points balance will be automatically converted into a gift card and loaded to your Amazon account by the end of December 2022.
    That's great to hear. I've still not received an email about this, perhaps they're really slow with sending them out.
  • IanManc
    IanManc Posts: 2,197 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    edited 22 August 2022 at 5:39PM
    WillPS said:
    WillPS said:
    According to https://www.amazon.co.uk/credit/creditcard-rewards  Amazon are to launch a new credit card.
    rumours are that its barclays who they will partner with but thats probably only because they already use them for the monthly payments for higher value purchases. 



    Surely Amex, who already issue their corporate credit cards, is a more likely candidate?
    good point i wouldn't be surprised to see Amex get it i still think its more likely barclays but thats just because Amex can be abit picky when it comes to customers

    If its the volume of customers amazon want to increase then its more likely barclays or even a smaller company like jaja who have just released an asda credit card.  It will probably be launching this year if newday amazon credit close by november.

    They won't want to miss out on the christmas trade so the launch will be this year imo

    My gut is that if volume was their primary concern they wouldn't have dropped NewDay as they're one of the more accommodating lenders.
    According to reporting by MSE Which and The Motley Fool at the time it was New Day who dropped Amazon:

    Amazon Classic and Platinum credit cards will be scrapped from January 2023 – here’s what you need to know (moneysavingexpert.com)

    Amazon credit cards to change from January 2023 - Which? News

    Amazon credit cards to be axed: here are other ways to earn cashback at Amazon | The Motley Fool UK

    The Which article says that New Day announced in March 2022 that they had "issued a notice of termination" to Amazon.
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