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Amazon credit card: LBB Berlin now offers direct installment purchases

Owners of an Amazon credit card can now pay directly to the mail-order giant in installments. Together with Landesbank Berlin, purchases of 100 euros or more can be conveniently paid off in small installments.

Amazon credit card with installment purchase

Anyone who owns an Amazon credit card from VISA can now pay for purchases of 100 euros or more in installments. The term can be freely selected between 3, 6, 9 and 12 months. This was announced by the mail order giant in an e-mail to credit card holders on May 3. The installment purchase is possible in four simple steps:

  1. In the Amazon.de ordering process, select the Amazon.de VISA card as a payment method
  2. For purchases of 100 € or more, the field “Installment purchase available” appears.
  3. Select a term of 3,6,9 or 12 months (exclusively at the conclusion of the checkout at Amazon.de no interest at 3 months term).
  4. Apply the selected payment method and complete the purchase. The installment purchase will be displayed shortly in the Amazon.de VISA app and at amazon.lbb.de.

With a term of three months, according to Amazon no interest accrues, otherwise the debit interest rate is 8.64 percent, the effective annual interest rate at 8.99 percent. In addition, it is also possible with the help of the Amazon.de VISA app of the Landesbank Berlin or online to convert a purchase of more than 100 euros also subsequently into an installment purchase.

Amazon credit card before the end?

Bonus points in the cashback system of the Amazon credit card can not be collected, however. At Amazon, bonus points amounting to three percent (three points per euro) on the purchase value beckon with a purchase, outside the retailer still one point per two euros turnover. The credit card is free for Amazon Prime members.

The new function is to be activated across the board for all credit card customers in the coming weeks.

The partnership between Amazon and Landesbank Berlin will end at the end of 2022. What will happen after that is still completely unclear. American Express is currently being considered as a possible successor, as it already offers Amazon Business customers a corresponding counterpart.

According to a report by Reuters, Amazon and VISA have only just reached an agreement in the U.S., according to which the partnership will be maintained if the credit card provider lowers its transaction fees.

Simon Lüthje

I am co-founder of this blog and am very interested in everything that has to do with technology, but I also like to play games. I was born in Hamburg, but now I live in Bad Segeberg.

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Owners of an Amazon credit card can now pay directly to the mail-order giant in installments. Together with Landesbank Berlin, purchases of 100 euros or more can be conveniently paid off in small installments. Amazon credit card with installment purchase Anyone who owns an Amazon credit card from VISA can now pay for purchases of … (Weiterlesen...)

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