Amazon Wants To Launch Business Credit Card

According to Bloomberg Amazon is in talks with credit card issues to launch a co-branded credit card for small business owners. The card will offer rewards for purchases and they hope to eventually add offerings such as business insurance through a portal. Amazon currently issues a co-branded credit card with Chase and a co-branded store card with Synchrony. Amazon is also in talks to offer a co-branded checking account.

I can’t see the business card offering more than 5% back on Amazon purchases, so I think it will be of limited use to most people but we will have to wait and see.

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