Amazon Canada, TD and Mastercard today announced the launch of the Amazon.ca Rewards Mastercard.

Amazon Canada, TD and Mastercard today announced the launch of the Amazon.ca Rewards Mastercard. MBNA, a division of Toronto-Dominion Bank, is issuing this card on Mastercard’s global payments network. Starting today, eligible Prime members can earn 2.5% back at Amazon.ca and Whole Foods Market in Canada when using the Amazon.ca Rewards Mastercard and 1% back on all other eligible purchases. Prime members who use their card in the US or globally earn 2.5% back on purchases in a foreign currency. Cardholders who are not Prime members will earn 1.5% back on purchases at Amazon.ca and Whole Foods Market in Canada and 1% back on all other purchases.

“We are really excited to launch a new credit card that rewards our customers on all their purchases at Amazon.ca, Whole Foods Market stores in Canada, and everywhere else,” said Mike Strauch, Country Manager for Amazon Canada. “As our Amazon Canada customers would expect from us, the Amazon.ca Rewards Mastercard offers great everyday rewards and value to shoppers. The card offers all cardholders an introductory offer as well, of 5% back at Amazon.ca, Whole Foods Market stores in Canada, restaurants and grocery stores for up to six months or $3,000 in eligible purchases.”

“We’re thrilled to be the first Canadian-headquartered bank to issue an Amazon credit card,” said Katy Boshart, SVP Credit Cards, TD Bank Group.” The Amazon.ca Rewards Mastercard offers valuable and easy-to-redeem rewards for Amazon customers, with extra benefits for Prime members. The simple online application features ‘apply and buy’ technology, so approved customers can make immediate purchases on Amazon.ca without waiting for their card to arrive in the mail.”

“Whether online, in-store or abroad, consumers today want a convenient, seamless and safe checkout to enhance and complete their shopping experience,” said Sohil Tiwari, SVP, Market Development, Canada, Mastercard. “We’re excited to be the chosen network for the Amazon.ca Rewards Mastercard, providing consumers with the fast, simple and secure payment experience that they’ve come to expect with Mastercard and Amazon.”

Key benefits of the new Amazon.ca Rewards Mastercard include:

  • 2.5% back on eligible purchases at Amazon.ca, Whole Foods Market in Canada and on foreign currency purchases, with an eligible Prime membership
  • Otherwise 1.5% back at Amazon.ca and Whole Foods Market in Canada
  • 1% back on all other purchases
  • No annual credit card fee
  • No annual points caps and no expiration date for points
  • Every 2,000 points earned are automatically redeemed as a $20 Amazon.ca Gift Card that can be applied on millions of items when shopping at Amazon.ca
  • Protection benefits include 90-day purchase assurance coverage, extended warranty and trip interruption coverage
  • Mastercard contactless-enabled for a frictionless checkout – simply tap your card at participating merchants in millions of locations across the globe to process payments securely

Customers who apply online and are approved can use their Amazon.ca Rewards Mastercard right away on Amazon.ca. It also offers easy electronic billing, and cardholders can manage their credit card anytime, online or on the phone.

To learn more and apply for the Amazon.ca Rewards Mastercard, visit http://www.amazon.ca/mastercard

Get the 2.5% back Prime benefit on your Amazon.ca Rewards MastercardAmazon.ca Rewards Mastercard members who want to receive 2.5% back on their Amazon.ca, Whole Foods Market in Canada and foreign currency purchases can sign-up for an eligible Prime membership at amazon.ca/prime.

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SOURCE Amazon Canada