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Amazon Newday ending November
edited 11 August 2022 at 9:44PM in Credit cards
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Surely Amex, who already issue their corporate credit cards, is a more likely candidate?
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.
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
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.
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.
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.
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.