Santander and Amazon issue reward-based Visa card in Germany

By Gloria Methri

Amazon and Santander have partnered to launch its new Amazon Visa credit card in Germany. The card has no annual fee and does not require customers to open a new bank account. Amazon Visa enables customers to earn rewards while shopping on and off Amazon.de, which can be redeemed for purchases on the site.

Amazon Visa customers earn 1% rewards on Amazon.de purchases and 0.5% rewards on purchases when paying with their Amazon Visa elsewhere. Prime members benefit from extra rewards, gaining 2% back from Amazon Visa when they spend during select shopping events, such as Prime Day. Cardholders can pay for their purchases through Zinia, Santander’s consumer finance platform, and can choose between full and revolving payments anytime.

The accrewaumulated rewards balance can be tracked via the Amazon Visa app, and points can be redeemed at check-out on Amazon.de.

Customers receive a sign-up bonus, which will be credited to their first Amazon Visa monthly statement. Previous Amazon.de VISA Karten customers are currently eligible for a 25€ (Prime members) or 15€ (non-Prime) sign-up bonus when becoming an Amazon Visa customer. New customers receive a 15€ (Prime) or 10€ (non-Prime) sign-up bonus.

Ana Botín, Chairman of Grupo Santander said, “We are delighted to partner with Amazon in offering customers in Germany a way to earn rewards on their spending with the Amazon Visa card. Zinia, our digital consumer finance platform, continues to expand its capabilities and clients base while remaining committed to building strong relationships with top-tier merchants like Amazon throughout our markets.”

Rocco Bräuniger, Country Manager, Amazon Germany said, “We are excited to introduce Amazon Visa, a new payment option with no annual fee that offers attractive rewards to customers for their online and stationary retail purchases, and extra rewards for Prime members. We’re delighted to collaborate with Zinia in making it easier for all customers to shop and save and bringing even more value to the Prime membership”.