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Amazon Is Seeking Office-Supply Dominance With Its Credit Card

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Amazon Is Seeking Office-Supply Dominance With Its Credit Card

Amazon.com Inc is planning to offer a credit card to U.S. small-business customers, furthering its push to supply companies with everything from reams of paper to factory parts, according to people with knowledge of the matter.

 

The e-commerce giant has been in talks with banks including JPMorgan Chase & Co. on a co-branded credit card for small-business owners who shop on its website, said the people, who asked not to be named discussing private negotiations. An Amazon spokesman declined to comment.

 

https://www.bloomberg.com/news/articles/2018-03-12/amazon-is-said-to-seek-office-supply-dominance-wi...


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6 REPLIES
Community Leader
Super Contributor

Re: Amazon Is Seeking Office-Supply Dominance With Its Credit Card

very interesting indeed!! Amazon is literally taking over the world!
(BK7 d/c-08/2013/FICO-400's) ~ Current scores....Your guess is as good as mine! ???
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Message 2 of 7
Regular Contributor

Re: Amazon Is Seeking Office-Supply Dominance With Its Credit Card


@gdale6wrote:

Amazon.com Inc is planning to offer a credit card to U.S. small-business customers, furthering its push to supply companies with everything from reams of paper to factory parts, according to people with knowledge of the matter.

 

The e-commerce giant has been in talks with banks including JPMorgan Chase & Co. on a co-branded credit card for small-business owners who shop on its website, said the people, who asked not to be named discussing private negotiations. An Amazon spokesman declined to comment.

 

https://www.bloomberg.com/news/articles/2018-03-12/amazon-is-said-to-seek-office-supply-dominance-wi...


Would make sense seeing as they already have a relationship with Chase already in the personal card side. And seems they are happy with the banking relationship. So a business card relationship is a logical next step.



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Message 3 of 7
Established Contributor

Re: Amazon Is Seeking Office-Supply Dominance With Its Credit Card

I've ordered a few office supplies from Amazon in the past. Last week they sent me an email offering to upgrade my prime for free to a "prime business account". 

 

I wonder if its related.

Message 4 of 7
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Frequent Contributor

Re: Amazon Is Seeking Office-Supply Dominance With Its Credit Card

Last decade it was WalMart

Message 5 of 7
Established Contributor

Re: Amazon Is Seeking Office-Supply Dominance With Its Credit Card

Maybe its just my geographic region and cost of living is lower in general here, but there's very little in the way of office supplies on Amazon that aren't priced significantly above local vendors who also have same day/next day delivery.

 

 Sure, sometimes an item or two ends up being less, but that's a definite exception.

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Message 6 of 7
Established Member

Re: Amazon Is Seeking Office-Supply Dominance With Its Credit Card

Yes, it does seem they are taking over the world.  It reminds me of the movie Wall-E where "Buy N Large" was the one place you could buy from and they started brainwashing you at an early age.


Yes, just one card - by design.
May 2018 Score: 805 (FICO 9 - Experian)
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