Bank

Prime

Delta

Spring

Giant

<h2 id="key-highlights">Key Highlights</h2>
<ul>
 <li>The e-commerce giant is terminating its American Express collaboration after an eight-year run for small business credit products</li>
 <li>Spring 2025 will see the debut of two cards: a Prime member option (5% Amazon rewards) and a standard version (3% Amazon rewards)</li>
 <li>The cards will be issued through U.S. Bank on Mastercard’s payment network, with full migration by August 14</li>
 <li>Both offerings come without annual fees; current cardholders retain existing credit lines and interest rates</li>
 <li>The Amazon Business division has reached more than $35 billion in annual gross revenue and supports over 8 million organizations worldwide</li>
</ul>
At the time of writing, Amazon (AMZN) stock was experiencing a 3.64% increase.
<a href="https://knockoutstocks.com/stock/AMZN" rel="noopener noreferrer nofollow"> <img src="https://knockoutstocks.com/api/stocks/AMZN/embed" alt="AMZN Stock Card"> Amazon.com, Inc., AMZN </a>
The Seattle-based tech giant has concluded its small business credit card collaboration with American Express following eight years of partnership, selecting U.S. Bank and Mastercard as the new financial partners for two redesigned cards targeting business owners.
Tuesday’s press release detailed the strategic shift. The complete migration from American Express to U.S. Bank is scheduled for August 14.
Prime members will benefit from the new Prime Business Card, which delivers 5% cash back on <a href="https://coincentral.com/amazon-partners-with-delta-for-satellite-internet-taking-on-starlink/" rel="noopener noreferrer nofollow">Amazon</a> transactions. Meanwhile, the Amazon Business Card caters to non-Prime members with 3% back on the platform.
Both card options provide rewards for spending beyond Amazon’s ecosystem. Once cardholders surpass $150,000 in combined yearly net purchases, they unlock 1% back across those reward tiers.
The cards come with no annual membership fees. Current cardholders will maintain their established credit limits and APRs during the transition.
<blockquote>
 “We heard directly from small businesses that they desired expanded reward opportunities across all shopping venues and enhanced cash flow management capabilities,” stated Tai Koottatep, who serves as Amazon’s director and general manager of Worldwide B2B Payments &amp; Lending.
</blockquote>
Additional spend management features for business customers will accompany the new cards. Amazon indicated that further perks will be unveiled in upcoming months.
<h2 id="the-u-s-bank-selection">The U.S. Bank Selection</h2>
U.S. Bank, headquartered in Minneapolis and operating under U.S. Bancorp, provides services to approximately 1.4 million small business customers. The institution ranks among America’s top card issuers.
Courtney Kelso, who holds the position of senior executive vice president of payments at U.S. Bank, indicated the bank’s intention to extend additional U.S. Bank products to Amazon’s small business clientele moving forward — representing a significant cross-selling prospect.
The <a href="https://coincentral.com/mastercard-ma-stock-down-13-ytd-loop-capital-says-buy-the-dip/" rel="noopener noreferrer nofollow">Mastercard</a> payment network provides the cards with acceptance capabilities at hundreds of millions of merchant locations across the globe.
American Express acknowledged the partnership with Amazon is “evolving” while emphasizing that Amazon “continues to be a valued partner.”
<h2 id="amazon-business-performance-metrics">Amazon Business Performance Metrics</h2>
The Amazon Business platform debuted in the United States in 2015 and has since expanded to 11 nations, encompassing the United Kingdom, Germany, Japan, and India.
This business segment has generated over $35 billion in annualized gross revenue and provides services to more than 8 million organizations around the world.
Amazon’s overall revenue for the trailing twelve-month period reached $716.9 billion, representing a 12.4% year-over-year increase.
From a valuation perspective, Amazon’s P/E ratio stands at 27.94, with InvestingPro analysis suggesting potential undervaluation.
Current analyst price projections span from $245 (Wolfe Research, Outperform rating) to $315 (Tigress Financial Partners, Buy rating). JPMorgan maintains a $280 target, citing robust AWS demand trends.
In other recent developments, Amazon finalized an agreement with Delta Air Lines to deliver in-flight Wi-Fi through its Project Kuiper satellite infrastructure on 500 planes beginning in 2028.
The post <a href="https://blockonomi.com/amazon-amzn-stock-surges-as-tech-giant-partners-with-u-s-bank-for-new-business-cards/" rel="noopener noreferrer nofollow">Amazon (AMZN) Stock Surges as Tech Giant Partners with U.S. Bank for New Business Cards</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.

Amazon (AMZN) Stock Surges as Tech Giant Partners with U.S. Bank for New Business Cards

Table of Contents

Blockonomi

Other articles published on Apr 1, 2026

Join our free newsletter for daily crypto updates!