28% APR for a card that you put a deposit on and can only use for Amazon? So convenient. https://t.co/0zkq71wyu9

— Ensign Obvious (@PeopleOoC) June 10, 2019

Amazon Prime members with the card will get 5% back on Amazon purchases with this card ... and it's geared at lower-income customers https://t.co/kVoUluEBQx

— MarketWatch (@MarketWatch) June 10, 2019

I'd be interested to see if Amazon tries to develop a version of this for emerging markets where the issue of 'unbanked' consumers, with little or no credit history, remains a persistent problem. https://t.co/8fxPo0c29V

— Ingrid (@ingridlunden) June 10, 2019

Take on
Amazon to launch Credit Card targeting the Underbanked by @Kr00ney

Looks like Amazon wants to 'educate' sub-optimal user with Amazon Credit Builder, budgeting tools etc. into optimal, more profitable customer in future (also via rewards)https://t.co/CGvJ0nSipw

— Maximilian Friedrich (@mfriedrichARK) June 10, 2019

.@amazon and Synchrony launch new first-of-its-kind secured store card designed for customers who are building or rebuilding their credit. https://t.co/GYGYO7A5bw

— Synchrony (@synchrony) June 10, 2019

Amazon is expanding its partnership w/ Synchrony by launching a secured card. I am surprised that Amazon hasn't pushed for an Affirm-like installment loan product at POS, their branded Store Card (also by Synchrony) is close but the UX is very outdated.https://t.co/9gqgGPHZU1 pic.twitter.com/mjCngXZVWv

— Mengxi Lu (@mengxilu) June 10, 2019

Amazon card vs. Apple card: Should you get a credit card from a tech company? https://t.co/gbyjaQ3mE5 via @DigitalTrends

— Jeremy Kaplan (@SmashDawg) June 10, 2019

Take on
Amazon to launch Credit Card targeting the Underbanked by @Kr00ney

Looks like Amazon wants to 'educate' sub-optimal user with Amazon Credit Builder, budgeting tools etc. into optimal, more profitable customer in future (also via rewards)https://t.co/CGvJ0nSipw

— Maximilian Friedrich (@mfriedrichARK) June 10, 2019

Amazon launches a credit card with Synchrony for the "underbanked" with bad credit as a way to get a rewards card in the hands of more customers. More here: https://t.co/as4EUeD81d

— Kate Rooney (@Kr00ney) June 10, 2019

Amazon launches a credit card for the 'underbanked' with bad credit https://t.co/wdXJlC9Glw

— Miriam Wohlfarth (@WohlfarthMiriam) June 10, 2019

Lots of credit card news this week!

Subscribe to my newsletter https://t.co/nWA8QASUsR where I break it all down ?

Amazon launches a secured store card that has a sign on bonus & rewards https://t.co/WH229YRHjD

— Alex Cohen (@anothercohen) June 10, 2019

Amazon Launches A Credit Card For The ‘Underbanked’ With Bad Credit – CNBC https://t.co/5OZefvghZ0

— LiveSquawk (@LiveSquawk) June 10, 2019

This is interesting https://t.co/uBXs7eG5s2

— Don Richard (@DonaldRichard) June 10, 2019

Interesting that it's a partnership with Synchrony again vs extending the Chase co-brand...https://t.co/clwnsmwagD

— Charley Ma (@CharleyMa) June 10, 2019