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Amazon set to launch credit card for Prime members

Thursday 12 January 2017 | 10:10 AM CET

Amazon is expected to introduce a new card for Prime customers offering 5% back on all purchases.

The card is issued by J.P. Morgan Chase and branded with the Visa logo and doesn’t have an annual fee or foreign-transaction fees, marketwatch.com reports.

Amazon doesn’t disclose how many customers are members of its Prime service, which typically costs USD 99 a year in exchange for free two-day shipping on eligible purchases, video streaming and other features.

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