Amazon Launches First Co-Branded Credit Card

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Internet retailer yesterday announced a five-year deal with NextCard to launch a co-branded credit card.

Consumers can apply for the card by visiting Available in platinum or classic cards featuring both the Amazon and NextCard logos, the card is good for both online and offline purchases. It has no annual fee.

The Amazon credit card offers 30-second online approval and access to statement viewing and payment, account alerts, balance transfers and Internet-enabled chats with customer service representatives - all on the Internet.

A key feature of the card is the loyalty program. Cardholders can enroll for free in the NextCard Visa Rewards program to earn points that can be redeemed for gift certificates and merchandise.

Also, purchases made on using the co-branded card earn customers triple rewards points.

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